This must be the most delusional seller I've seen in my life. What's more ridiculous is the appraisal price for a home thats only 2410 sqft in the official tax record. With all the illegal expansion, the seller calls it a "mansion". https://www.redfin.com/CA/San-Francisco/810-43rd-Ave-94121/home/1877894
Posted Feb 13, 2022, 4:35 PM UTC
Hand drawn floor plan.
More pictures of things not the house than the house lol.
Yike
Always hilarious when they advertise the neighborhood more than the property itself lol
Hand-drawn floor plans! Lol how hard would it be to get As-Built drawings done? It seems like the cost would be negligible to look legit.
On another note, I hate when listings have pictures of stuff in the neighborhood. This happens for apts in the Mission all the time, pics of Dolores Park, Valencia st., some overpriced coffee shops. I just find this annoying.
Hey it’s only a $3.3 million price-tag. You can’t expect that level of effort! We save that for the $5 million dollar houses
Generally your $/sqft price goes down as you get larger, not stay the same. A 1500sqft house will have a higher $/sqft price vs a 2500sqft house. This seller didn’t even have the intelligence to apply a fresh coat of paint on those disasterously purple interiors. Definitely want some of whatever they are smoking, because it’s obviously strong stuff.
All I want to know is how they convinced DBI to give them a permit for that sketchy looking third floor
There are a handful of homes in the outer avenues who have higher heights and it’s been grandfathered into any remodels. Easier to bypass neighbor complaints about how tall your building is if it’s been that way since the 1930s. Most likely this building was already a tall mole in the neighborhood.
The last permit I see on https://sfplanninggis.org/PIM/ for this property was in 1998 so I doubt anything they've done to it was done legally.
lol @ "stunning 4-story mansion"
Man they really love those drone photos that point out where the house is over and over again for like 20 images.
I would guess it had some severe plumbing / electrical / permitting issues that got found out so the previous seller had to sell at a reduced price because the property was not financeable.
Then a contractor / developer bought it with cash or a hard money loan and made the expensive updates and additions and is now selling at market price.
This is pretty standard and how a lot of properties get repaired and put back into the housing stock.
What is unfortunate is that because of artificial restriction of supply in SF, this house is worth $3m+
The permit history should be available online, including complaints, if anyone wants to look it up.
Edit: this is the only recent activity, since resolved:
Site inspection with inspector Ed Greene and the property owner. Thereis no stove and refrigerator in the kitchen and the trash is all over the place. The building is vacant at the time of inspection and owner doesn't provide the proof of occupancy-mc
It’s not going to sell for anything close to $3m. Did you look at the photos? They didn’t do any updates. The seller is FSBO and delusional.
Redfin auto adjust to an estimate close to the list price. You could post it for $7m and Redfin would say it’s expected to sell for $6.8m. Post it for $1.1m and it will say it will sell for $1.2m.
However, the off market estimates are usually within ballpark and based on neighbor comps.
There was a property one block over with smaller square footage but much nicer condition that sold for $3.25m in August.
Sure the list price might be super inflated but a 6/4 house with 4K sq ft will no doubt be worth a lot to some
I checked the comps and I see really nice fully renovated places for $3m. If this thing sold for 1.6 one year ago and wasn’t renovated I don’t think it’s doubled in price, even in this market.
I assume the 4K is not permitted space. Lots of bonus rooms and similar insanity. Maybe if the lot is larger than average, but I just noticed vertical space.
I’m curious now though and saved the property so I can check back on it. Let’s see if it surprises us!
agree with this take, lets see how the market plays out.
also interesting there is no open house times listed so my inclinantion is that there may be tenants insid?e?
Hand drawn floor plans says no developer involved.
I feel like everyone is overlooking that this house has a piano and is therefore fancy and worth a lot of money
It could be a fucking Casio keyboard in a broom closet, and they’d ask 3MM for it.
Well, in sf 2k sq ft is a mansion
I say anything over 4k is a mansion in sf. The seller claims it's over 4k sqft (with illegal expansion mind you) in his incredible hand drawn diagram.
It seems pricey for outer Richmond. It’s a safe, quiet neighborhood, but so foggy and somewhat cut off from what the rest of the city has to offer.
How did they manipulate the Redfin estimate upward? I’ve noticed homes in my area selling for a preposterous amount one year later (like way more than market value even considering normal price increases) and the Redfin value is always right there with it. There must be a way for people to manipulate that number before they put the home on the market?
Pretty sure the calculator just uses location and sqft to estimate the price so it looks like they manipulated the sqft.
It also uses the list price, as a smaller factor.
Just need 1 sucker with a lot of money to put down a bid without coming to look.
Only delusional if it doesn’t sell.
Oh my god, I lived next to this house. It's a shit show. The previous owner was the music director for Nash Bridges. It looks like an old hippie house, through and through. One of the bathrooms has carpet, there's a sink in the walk-in closet, the kitchen tiles are grateful dead posters, the basement has a cabinet labeled with weed strains. So random. None of it makes any sense unless you're on a lot of drugs.
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If it was all renovated with legal square footage, yes.
I mean….if they would have done nothing they still would have been able to list for close to the same. What are you getting at, all this craziness is simple to understand yet unfortunate we all have to participate
Wait, did they put the wrong sqft in Redfin? That’s shady as hell.
Watching this house, let's see if it goes for above asking or if it falls out during disclosures.
By this listing's standards, I lived in the "penthouse" of my parents' house because I was on the upper floor.
Only 4 interior photos, hand drawn floor plans. Yeah, no thanks.
Hand-drawn floor plans with no door markings even.
soooo many red flags.
Lol and people think there's not a bubble. Just wait until the IPOs grind to a halt when all the VC money dries up due to rate hikes.
Total fodder for r/REbubble...