Welcome to the High & the Low, a Curbed SF column chronicling the most and least expensive homes sold in San Francisco in the last seven days. (Sales information gathered from Zillow, Redfin, and Realtor.) How far did the needle swing this week, and what did it hit?
The week's highest sale was something of an old favorite: The five-bed, five-bath, 4,600-square-foot Presidio Heights house that began its life as a mere cottage, built in 1890 as a publicity stunt by newspaper baron William Randolph Hearst. (Who has a penchant for building outsize homes of his own.)
The newspaper cottage was the seed out of which the present home grew. From those humble roots, it racked up a $5.3 million sale on Tuesday, after nearly three months on the market. That's actually half a million less than the list price, but still enough to be the week's high water mark. When it sold back in 2012 for $3.6 million, it was apparently a record that week as well, so we assume this is still not the last time we'll be seeing the place.
On the low end of the spectrum, here's news that Hearst himself would jump right on: A home in San Francisco managed to go for less than half a million dollars without being a BMR sale. And it's even a nice little place to boot. A 512-foot studio at 631 O'Farrell Street in the Tenderloin, once the Hamilton Hotel back in 1930 and now known as the Hamilton Condominiums.
The sale on apartment 1410 became final on Monday, meaning this one sold in less than a week and a half, and for exactly the list price of $495,000. That's nearly double its 2009 price of $270,000, but when you adjust for inflation it's only about a 12 percent hike from its pre-recession price of $360,000 in 2005.
In any case, it qualifies as borderline miraculous today, and here's another thing to marvel at: The alcove bedroom appears to be a legit alcove, rather than just the old trick of taking the doors off of a closet.