October 21, 2011

partial City + Bay views

It’s just about time for another Real Bay Area weekend!  So let’s go to San Francisco for our last house of the workweek, courtesy of Burbed reader Bubbie Byer!

 

338 Noriega St, San Francisco, CA 94122
$829,000

image

BEDS: 3
BATHS: 2
SQ. FT.: 1,900
$/SQ. FT.: $436
LOT SIZE: –
PROPERTY TYPE: Single-Family Home
STYLE: Marina
VIEW: Partial, City Lights, Bay
YEAR BUILT: 1936
COMMUNITY: Inner Sunset
COUNTY: San Francisco
MLS#: 389847
SOURCE: San Francisco MLS
STATUS: Pending
ON REDFIN: 13 days

Delightful Marina 3bd/2ba home offers elegance + comfort. Main level-Spacious living rm has fireplace. Elegant Formal Dining rm, modern eat-in kitchen, 2 br + 1ba w/ skylite. Sliding door from 1br to deck/garden. The deck has partial City + Bay views w/ a level, grassy garden. Lower level has a small bdrm, bathrm + an inviting family room. W/ D in garage.

Here’s what BB had to say about the house:

imageFirst, the Marina is a 40 minute drive from that house.

The Spacious living rm stuffed with couches that look made from the skins of stuffed animals makes the room smaller. Watch your step on the way to the yellow kitchen and to check out the plastic faux-vinyl shower curtains. What a bargain for up to $10K in staging fees. They even put a crappy shower curtain in the bathrm "with small bdrm + inviting family room W/D in imagegarage." You mean like a garage conversion?

Recovering that 2003 equity just got harder as a result of "presentation."

Sold for $731,000 in 2003, and went pending in 2 weeks.  Admittedly when Bubbie sent it in, it was still listed for sale.

It did sell quickly for more money than in 2003, but in eight years, it should have almost doubled.  Therefore, we have confirmation that the Inner Sunset isn’t in the Real Bay Area.  Should have bought something in the Marina!

imageSpeaking of the Marina, since when is that a style of house as well as a (very expensive) neighborhood?  That’s a new one for me.

See, you can learn something reading Burbed!

Also have a look at the level, grassy garden, because Redfin says the lot doesn’t have a size.  Zillow says it’s 2500 sf.  Looking at the satellite picture, that would mean a 25 x 100 foot lot.

imageAnd every foot of those 25 are taken up by the house in front.  Does “single family home” mean something different in The City than it does in the burbs?

Those walls look like they’re touching to me.  Heck, those walls probably aren’t even holding the house up, because they’re leaning on the two neighbors’ houses.  The only homes on this block that have actual load-bearing walls are the ones on each corner.

Comments (10) -- Posted by: madhaus @ 5:07 am

10 Responses to “partial City + Bay views”

  1. AstroWallaby Says:

    > Does “single family home” mean something different
    > in The City than it does in the burbs?

    It does, sort of. When the units are touching like that the word “townhouse” comes to mind but the older buildings like that in San Francisco are technically separate buildings both structurally and legally.

    (“Townhouse” used be synonymous with phrases like “row house” in referring only to a building that’s functionally multiple houses touching but unlike the San Francisco house pictured the multiple units are actually structurally linked in some way, but didn’t really necessarily mean anything “legally”. Nowadays when you see “townhouse” in a real estate ad it almost always means that the unit is actually a condominium in the physical shape of a townhouse, but there are exceptions. I’ve seen people selling half of a crusty old “duet”-style home as if it’s a SFH “townhouse” with no formal HOA, presumably allowing your idiot neighbor the freedom to let his piece of your ridiculous collective house rot as much as he likes.)

    So, no, even though it’s a nice courtesy you don’t *have* to have physical airspace between buildings for them to count as “single family homes”.

    Anyway. Blawblawblaw.

  2. AstroWallaby Says:

    … And just for context, witness the horror of what happens if you glue houses together in a continuous row like that but instead of using a different cute/eccentric architectural style for each one you just slapdash the whole block together at once using the absolute worst that early 1970’s stick-and-tickytacky cookiecutter suburbia had to offer:

    http://www.redfin.com/CA/San-Jose/1254-Turtlerock-Dr-95122/home/879238

    Click on “street view”, walk around a bit, and let the horror and sadness sink in. It’s like San Francisco redone as a shanty town.

  3. SEA Says:

    How far is 95122 from the RBA?

  4. madhaus Says:

    About $800,000.

  5. SEA Says:

    Given the current trend, that’s likely 500 years.

  6. AstroWallaby Says:

    #4:

    Would you believe that basically identical units on that same street were trading in the high 500ks in 2006? Now’s your chance to grab some instant equity before it all gets sold to rich foreigners. (Comes with a free visa!)

  7. SEA Says:

    “grab some instant equity before it all gets sold to rich foreigners.”

    Hopefully the former owners will be happy living in their foreign built cars.

  8. The Gilroy Alex Says:

    I can’t find anything to knock, other than that awful shower curtain. It looks pretty nice to me! It’s in SF so of course it costs a fortune and I have no idea how those people get all that money. I suspect it’s something to do with drugs or some type of white-collar crime. More power to ‘em I guess, this is why I don’t use my debit card, pay cash for all things, and frankly make far too little to be a target for these people. Oh and I don’t use drugs either so the kind of people who live in this kind of house, genteel criminals, aren’t being supported by me.

  9. Divasm Says:

    That’s not a fortune for SF, the Zestimate is $100K more and the rent Zestimate on that place is above $2700. And were it actually in the Marina, (land of yoga moms pushing Bugaboos, as I call it on my lunch break from the Presidio) it would cost at least $150K more. As we’ve discussed before here, there are many folks in the Bay Area who can afford something in the $650K – 1mil range.

  10. Sam_Adu Says:

    That street that AstroWallaby discussed in post #2 is incredible. I’m always shocked at the illogical stupidity of areas like that. The design of the area/properties basically guarantees ghettoness for eternity.


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