Category Archives: Neighborhoods

Flippers Push Prices Past $1M in Crocker Amazon

Crocker Amazon is one of the few neighborhoods in San Francisco where you can buy a home for under a million dollars. Not as well known as its Excelsior or Bayview counterparts, Crocker Amazon seems to be gaining in popularity—and price. Two recently renovated properties just hit the market that promise to further cement what’s becoming a higher price threshold for the area.

The average single-family home in Crocker Amazon now costs $849,000, and two three-bedroom homes sold in the past few months for $1,125,000 and $1,135,000. A majority of recent sales were in the $800,000s, with a handful in the $900,000s. This is a big jump up from 2014, when only one four-bedroom house on Winding Way sold for just above $1,000,000, and homes were selling for a $735,000 average. Continue Reading

Just Sold: 58 Ellsworth in Bernal Heights

Just Sold: 58 Ellsworth in Bernal Heights

Congrats to my clients who close today on this lovely Victorian single-family home in a prime Bernal Heights location!

58 Ellsworth is ground zero for indoor-outdoor living at the top of the hill. The kitchen leads right out to this amazing yard, complete with fire pit and hot tub:
58ellsworth_yard

The living room has a box-beam ceiling and fireplace, and is adjacent to the large dining area and well-appointed kitchen. Best of all, 58 Ellsworth is located only two and a half blocks north of Cortland—and just below Bernal Hill. You get access to the trails and bucolic setting, yet are a quick walk away to the restaurants, shops and conveniences on Cortland.

Underpricing Strategy Still Works for Sellers

Underpricing Strategy Still Works for Sellers

If you’re a homeowner who’s about to list your San Francisco property this Spring, have no doubt about where to set your list price: Well below the sale price you’re seeking.

If there’s any doubt that underpricing is the best way to jack up your value, take a gander at how things played out at 1812 Church Street. The 2BR/1BA single-family home on the border of Glen Park and Noe Valley was first listed for $1,495,000 in mid February. When no buyers materialized after two weeks, the price dropped to $995,000. A week later, the house went into contract with no contingencies, and closed on March 18th for $1,445,000. Continue Reading

Spring Break for This Blogger

Time for a real estate Spring break!

I’ll be back in early April refreshed and ready to tackle what’s shaping up to be a busy San Francisco Spring market.

Thanks for your continued readership.

Just Sold: Big Excelsior House

Just Sold: Big Excelsior House

I’m happy to report that my clients just closed on a great single-family home on a nice block in the popular Excelsior neighborhood.

647 Athens is a 3BR/2BA, fully detached home with almost 2,000 square feet and a one-car garage. Built in 1912, the house has been updated and includes a large kitchen with island, as well as a family room downstairs. Listed for $799,000 the seller received multiple offers, but we prevailed in a multiple counter offer situation. Continue Reading

Where You Can Buy a House for Up to $1M in San Francisco

A home-buying budget that maxes out at $1,000,000 has its limitations—especially when it comes to a single-family home. So where can you still find a house in that price range?

There are a few neighborhoods where these sales have taken place so far in 2016. Here’s where and what you can expect in the single-family home market for up to $1,000,000: Continue Reading

Condo Overbids Calm Down in Early 2016

The San Francisco condo market is softening when it comes to overbidding. Though aggressive overbidding (20% or more over list price) has been happening on select properties this year, the gap between list and sale price for the average condo is narrowing.

The average citywide, year-to-date condo overbid is four percent. Of the 301 condos sold as of this writing, only 20 changed hands for 20% or more over the list price.

A handful of neighborhoods saw one or two sales in this range—Noe Valley, Mission Dolores, Hayes Valley, Lake, Lower Pacific Heights, Pacific Heights, Nob Hill, NoPa and Potrero. Continue Reading

Know The Ground Upon Which You Live

This being earthquake country, it’s important to know what sort of ground lies beneath the home you own or are planning to purchase. In San Francisco, there are liquefaction zones, which are essentially landfill and are not recognized to be as stable. I’ll let Wikipedia explain it in more detail here.

Yes, people are buying and selling property all the time who live in what are deemed liquefaction zones. Some of the most popular neighborhoods, in fact, are those which are very much a part of these zones. Think the Marina, North Beach, South Beach, Mission Bay, South of Market, and the Mission. But that factor isn’t stopping developers, who are building new condo developments at a frenzied pace in the last four of those neighborhoods. Continue Reading

Price Refresh: 148 Duncan

We just adjusted the price of my two-bedroom Noe Valley condo at 148 Duncan.

The property is a better deal than ever, now at $1,095,000—down from $1,195.000.

That means you have the opportunity to own a spacious, top-floor flat with a remodeled kitchen, in-unit laundry, private deck, parking, storage and shared garden.

Here’s the kitchen, with attached laundry room:
148Duncan Kitch1

Visit our property Web site for more details and photo gallery.

We’ll be open Saturday and Sunday from 2:00-4:00!

Noe, Potrero Condos Looking for Qualified Buyers

My two condo listings in Noe Valley and Potrero Hill are looking for qualified buyers to make these properties their homes!

148 Duncan is a gracious, top-floor 2BR/1BA condo with a formal dining room, private deck, shared yard, independent parking and storage. It’s in a great Upper Noe location that’s near BART, the J Church, shuttle stops and freeways—not to mention the restaurants, cafes and services in Noe, the Mission and Bernal Heights. List price is $1,195,000.

Here are two of my favorite rooms at 148 Duncan:
148Duncan LR1 Continue Reading

Just Listed: 310 Missouri in Potrero

Just Listed: 310 Missouri in Potrero

I love my new listing at Missouri and 18th in Potrero Hill. It has everything everyone is looking for—two bedrooms, two bathrooms, and an extra room for work space, nursery or guests.

There’s also that great-looking kitchen (left), light-filled dining area and view deck. Other amenities include one-car tandem parking, abundant storage and deeded attic space.

But back to that Missouri and 18th location. When people say they want to live in Potrero, this is where they want to be. You’re literally next to Chez Maman, and around the block from a multitude of shops, cafes and restaurants. Easy access to public transportation downtown, tech shuttles and 280 for South Bay commutes.

This property is currently a TIC in a two-unit building. The lower unit owners will be refinancing, and both the sale of 310 Missouri and the lower unit need to close escrow simultaneously to complete the condo conversion process. So you’ll be owning a condo.

List price is $1,095,000. Check out our Web site here!

Just Sold: Noe Valley Senior Condo

Just Sold: Noe Valley Senior Condo

I first listed the adorable 1BR/1BA condo at 3953 24th Street #6 in a prime Noe Valley location back in October 2015. The building was zoned for occupants 62 or older, so the buyer pool was limited. We had a few serious buyers through, and one accepted offer that ended up unfortunately falling out of contract.

We decided to continue marketing the property, knowing that the new owner of the senior condo would come along sooner or later. And she did, in mid December. My seller accepted her offer at the full $550,000 price, with a big contingency: The buyer had to first sell her own house out of the area, and then could purchase 24th Street. Continue Reading

Coming Soon and Off-Market Opportunities: February 10, 2016

Inventory of any kind is a little sparse at this point in the year. But now that the Super Bowl is behind us and the weather is simply Spring like, I’m hoping we have more homes for buyers to consider.

Here are my picks for this week’s up-and-comers:

2474 30th Avenue / Parkside
3BR/2.5BA, Marina-style home with 2 pkg
$999,000

444 Arkansas / Potrero Hill
3BR/2.5BA on one level, fab views, 1 pkg
Price in $1.9M range

2586 28th Avenue / Parkside
2BR/1BA spacious house with room down
$929,000

626 Faxon / Westwood Park
2BR/1BA fixer, huge garage
699,000 Continue Reading

Shake Things Up at Home With a Retrofit Grant

Many San Francisco buildings are surprisingly lacking when it comes to seismic strength. The good news is that you may qualify for an earthquake retrofit grant under the Earthquake Brace + Bolt (EBB) program.

EBB provides funds for improving earthquake resistance. The program is the first incentive offered by the California Residential Mitigation Program (CRMP), under the direction of the California Earthquake Authority. The EBB program was created in 2011 and put in place to help homeowners better retrofit their properties. Continue Reading

New Listing: Fully Loaded Noe Condo

New Listing: Fully Loaded Noe Condo

I’m proud to present my new listing at 148 Duncan Street in Noe Valley. It checks all the boxes: two large bedrooms, formal dining room, remodeled kitchen and bath, private outdoor space and charming period details.

One-car parking, abundant storage and shared garden are in the mix, too!

The condo is perfect for South Bay or downtown commuters, as 148 Duncan is situated near freeways, BART, Muni and tech shuttle stops. We’re also a quick shot away from the restaurants, shops, bars and cafes in Upper Noe, the Mission and Bernal Heights.

List price is $1,195,000, and you can see more photos/details at our property Web site.

First opens are this Saturday 2/6 from 2:00-4:00, and Sunday 2/7 from 12:00-2:00, before the Super Bowl game and festivities kick off. Looking forward to seeing you then!

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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