145 Madrone Gets $50,000 Over

145 Madrone Gets $50,000 Over

Brought on the market at the end of October, 145 Madrone–a total fixer and in need of a gut–featured 1,728 square feet inside across three levels. The home was best suited to a contractor, but at $849,000, it was difficult to predict where the selling price would be. I was a bit nervous even walking through the house, as there were a few places in which the floor didn’t appear to be wildly stable.

The buyer ended up paying $900,000, which could be an acceptable selling price, depending on future plans. The house is located in a prime West Portal location, and given the low turnover in that neighborhood, this could turn out to be a good investment.

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Eileen Bermingham

Corcoran Global Living



DRE# 01352627

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