Category Archives: Hayes Valley

Foreclosures Slow, Shadow Inventory Declines

The good news keeps hitting the San Francisco real estate market. With prices up 13-16.5% over the prior 180 days in the single-family home, condo and multi-unit market, property owners have a lot to smile about.

And it seems like the foreclosure sales have tailed off a bit, as well as short sales.

Out in the neighborhoods, word is that street improvements are coming to Oak and Fell. And the tech shuttle map has been revealed!

It’s all here in this edition of the Zephyr MarketTracker.

432 Ivy in Hayes Valley: Already $200,000 Cheaper!

432 Ivy in Hayes Valley: Already $200,000 Cheaper!

Recently marketed “pre-MLS”–seemingly a trend these days–the 3BR/2.5BA Edwardian at 432 Ivy in Hayes Valley floated an off-market list price of $1.5M.

Situated on a small street smack dab in the middle of Hayes Valley, 432 Ivy features all three bedrooms upstairs, which includes a master suite. All the architectural details are there, from the wood-burning fireplace to the built-in cabinetry, coved ceilings and crown moldings. There’s even a deck and small garden, along with a garage that can fit two cars.

The official, on-market price? $1,295,000. Between the more palatable list price and the 98 Walk Score/100 Transit Score, I’m guessing 432 Ivy will be in contract before its first open house on September 4th. If you’re an interested buyer who’s not represented by an agent, feel free to contact me at 415.823.4656/ebermingham@zephyrsf.com and I’ll arrange a showing for us!

Painted Lady in Alamo Square Flies Off Shelf

Painted Lady in Alamo Square Flies Off Shelf

Though it’s still showing up as an active listing in the MLS, the Painted Lady at 710 Steiner that was listed in early May has been snatched up by twentysomething buyers with all cash, who are in contract for above the $2,295,000 asking price.

You can see 710 Steiner above; it’s the house to the right of the blue property–last one on the right:

It’s no surprise that there was a rush for this piece of San Francisco history. Who wouldn’t want to own an exquisitely maintained Victorian on one of the most famous and most photographed residential stretches in the world? The 5BR/2.5BA, 2500-square foot home has three decks and downtown views. The new owners will probably renovate the kitchens and bathrooms down the line, but that’s a drop in the bucket—and a good investment.

Top 10 Neighborhoods for Commuting to Downtown San Francisco

One of the more popular requests from my new buyer clients is that they need to live in a neighborhood with easy and relatively quick rail or bus access to downtown San Francisco. So I thought I’d pull together a list for all those prospective home buyers and downtown commuters out there who may be considering a home purchase in 2012. Continue Reading

Two Hayes Valley Condos Battle It Out

I stopped in at 342 Hayes between Gough and Franklin yesterday on broker tour, to refresh my memory on the two 2BR/2.5BA condos that are both available in the building. 342 Hayes is a 14-unit property that was constructed in 1996 and finds itself in 2011 to be situated in the epicenter of the neighborhood. Many shops and restaurants have popped up over the years, making this property one of the more popular ones. Continue Reading

Sales Rise for Big Units in Hip ‘Hoods

Sales Rise for Big Units in Hip ‘Hoods

One trend I’m seeing this year is an increase in sales for large condos and TICs in hot neighborhoods like the Haight, Hayes Valley, Mission Dolores, and NoPa. What I think is happening—and which I’ve also heard from some of my colleagues—is that buyers are snapping up these properties due to their need for more space to accommodate existing or growing family needs. Continue Reading

New Listing: 2BR Hayes Valley Condo

New Listing: 2BR Hayes Valley Condo

My new listing at 228 Scott Street hit the market this week. The 2BR/2BA condo is located on the border of the Lower Haight, Duboce, NoPa and Hayes Valley. So it’s perfect for buyers who want to enjoy the cafes, restaurants, shops, and public transportation available in any of these neighborhoods. The property has an 88 Walk Score, and a 98 Transit Score. Continue Reading

How’s The Market In: Hayes Valley

How’s The Market In: Hayes Valley

For urban dwellers who want to be right in the middle of everything, Hayes Valley has an awful lot to offer. It’s one of the go-to neighborhoods I recommend when meeting with new buyer clients who tell me they need to be in close proximity to public transportation, restaurants, services, and parks. Continue Reading

Just Sold: 1BR in Linden Hayes

Just Sold: 1BR in Linden Hayes

I’m proud to say that I’ve brought another happy homeowner to the Linden Hayes condo project at 233 Franklin. My client purchased a 1BR/1BA, listed at $609,000.

#504 boasts a top-floor position in the building, and the unit has all the high-end finishes for which Linden Hayes is now known. There is only one condo left in this 32-unit development, and that’s a 2BR listed at $799,000. All units come with parking.

238 Olive Offers Eight New Condos on Random Street

I stopped in to see the new condos at 238 Olive this week. There are eight 2BR/2BA condos with split floor plans, meaning the bedrooms are located on either side of the open kitchen/dining/living area. Finishes include Euro-style cabinetry, Ceaserstone countertops, porcelain-tiled backsplashes, and high-end appliances. There are two units per floor, and square footage ranges from 997-1,102. Continue Reading

Just Sold: 233 Franklin #204 (LindenHayes)

I just sold a great 1BR/1BA condo at LindenHayes at the end of last week. The unit faces Franklin and get nice natural light, has very high-end finishes and is on the courtyard level. List price was $529,000.

LindenHayes is in an excellent location, within close proximity to public transportation, the Symphony, Ballet and Opera. There’s also a multitude of restaurants and shops nearby (and a new gym at Gough and Fell!). There are still some one-, two- and three-bedroom units available. Give me a call if you or anyone you know may be interested, and I can schedule a showing.

Hayes Valley House on Grove Gets Picked Up By Cash Buyer

Hayes Valley House on Grove Gets Picked Up By Cash Buyer

I toured 554 Grove in Hayes Valley shortly after it came on the market in mid March. The 3BR/2BA, tunnel-entry house had an original kitchen/bath, master suite on the garage level and about 1684 square feet. The termite report was around $7500, and the windows and roof needed some attention. List price was $799,000, which was comparable with condo prices in the area. Continue Reading

Iconic Painted Lady Loses Some Luster

Iconic Painted Lady Loses Some Luster

It’s been almost two months since the historic and iconic home at 722 Steiner first floated on to the market. I toured the property soon after, and though I found the property to be interesting, it didn’t exactly feature a top-notch interior. But it had its merits.

The sellers decided to reduce the list price on Friday from $3,999,999 to $3,850,000. Hardly an earthshattering price chop, but they’re moving in the right direction. It really is challenging to put a price tag on a house like this, but the sellers will know when they’ve hit the right price. I’m thinking more about $3.5M, but we’ll see.

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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