The San Francisco market has been somewhat off the hook in 2014, with eye-popping sales happening in full force in seemingly every neighborhood in the city. But even I’m caught off guard by some buyers’ willingness to fork over disarming amounts of money on certain properties.
Case in point: The 3BR/2BA, 1358-square foot home on 315 Coleridge. Sold in January 2012 for $850,000, the house had two bedrooms and one bath on the main level, a remodeled kitchen and a bedroom/bath on the garage level. Outdoor space consisted of a small patio area just outside the main level, with stairs going up to a deck with views.
Fast forward to March 2014, when 315 Coleridge was listed for $1,150,000. The selling price? $1,501,000. I would have liked to been at the table when that winning offer was revealed.