SF: Reduced Prices Offer Tax-Time Solace (To Buyers, Anyway)
Even ostrich know that sticking one’s head in the sand will not allow for successful evasion of death or, perhaps more relevant this weekend, taxes. Thus, if you are feeling broke as the 14th approaches, these listings are just for you; they’ve already been reduced and might be yours for less still than their current asking prices.
11 Leese St., Bernal Heights/Outer Mission: 4 units for $853,888. Note: all units are occupied and one tenant is protected. In credit to the agent, the rents are listed on Craigslist (though they WILL NOT cover the mortgage, even at this reduced price). Also the Redfin listing shows you that the property was purchased for $995K in 2005, so the owners are already being gutted; add to that the listing is pre-foreclosure and I think we can tell the vultures to start circling (sorry about mixing my bird metaphors!).
310 Stanyan St., #103: Down $40K is this 1/1 Lone Mountain condo, now asking $550K, which is lower than the Zillow and Eppraisal ranges for the property. Deeded parking and pet friendly! Also open this weekend, right before taxes are due: April 13, 1-2:45PM.
260 King St., #575: Lots of places for sale in this Mission Bay complex, and this 1/1 has been looking for love for over 80 days now. Reduced over 20K to $655K, it’s still $721 per sq. foot- but hey, it’s a “luxury” condo. Purchased in 2005 for $573,000.
216 Warren Dr.: Forest Knolls 4/3 SFH which to my eye has a rather yawn-inducing facade reduced just 2 weeks after it first listed (so, started at $1,278,000; now down 50k to $1,228,000). Open Sun 2-4pm if you want to take a look.
—Photo credit: Freerepublic.com
