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August 2, 2013

What You Can Buy: 21 Days & Counting

I found two single-family homes and one condo that have been sitting on the market for more than 21 days. As active San Francisco buyers know, decent properties that don’t garner multiple offers within one or two weeks of coming on the market are worth considering. If anything, there will be less competition, and you may actually be able to negotiate with the seller.

Here are my picks this week:
1424 Wawona
Parkside

Days on market (DOM): 23
3BR/2.5BA, 2106 sq ft
2 pkg
List Price: $1,188,000

1424 Wawona is one of those houses that doesn’t have the classic San Francisco charm, but it has a very functional floor plan and quiet location on a cul-de-sac across from Stern Grove. All three bedrooms are on the upper level, there’s a nicely remodeled kitchen, updated bathrooms, and a unique yard with a deck on the upper level.

1853 Filbert
Cow Hollow

Days on market (DOM): 23
2BR/2BA, 1,048 sq ft
1 pkg
List Price: $1,185,000

Boasting a prime Cow Hollow location near Union Street, 1853 Filbert features a remodeled kitchen and baths and opens onto a lovely shared patio and landscaped garden. The building was constructed in 1909, so 1853 Filbert has period detailing throughout. There are six condos in the building, and HOA dues are $375/month. Two storage units are included, as well. The property was on the market in 2012 with a last list price of $1,125,000 (down from $1,185,000) and the seller withdrew the listing. But we’re in a new market now, so they’re going for their original price this time around.

381 San Leandro
Balboa Terrace

Days on market (DOM): 32
4BR/2.5BA, 2995 sq ft
2 pkg
List Price: $1,399,000

Looking for a four-bedroom home in a family-friendly neighborhood for under $1.5M? 381 San Leandro Way may be the one for you. The two-story home has it all, including a banquet-sized dining room and remodeled kitchen with breakfast area open to a deck, and all three bedrooms on the same level. Did I mention that the master bedroom has ocean views? The only drawback is that there’s no yard—just a rear easement that allows for a garage and off-street parking. But the space and stately architecture are all there. 381 San Leandro was initially listed for $1,549,000, and the current $1,399,000 price represents a reduction that happened this past week.

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