Friday means it’s time for the High & the Low, a Curbed SF column chronicling the most and least expensive homes sold in San Francisco in the last seven days. So who got what this week, and how much (or little) did they get it for?
This week’s highest of high home prices is a returning favorite: 101 Maple Street, a Pacific Heights renovation that has popped up on Curbed SF so often we ought to give it its own column.
This circa 1971 house was an ugly duckling on the block for years, until architect Ravi Anand gave it a modern look, and its owners gave it a $12 million asking price for the five bed, five bath, 4,800 foot package.
The new design drew praise, but after a few months with no sale they knocked a million dollars off its price. Then they did it again a few months later. It briefly disappeared in April, listed again last week, and finally finished a deal on Thursday.
The nearly $10 million price was yet another $1 million reduction, the house’s third since October. But $10 million dollars is still $10 million.
This week’s cheapest home sale was $157,000. Yes, $157,000.
That’s such a small sum as to be unheard of in San Francisco for more than a generation. It’s such a small sum that you’d think we were talking about some other city entirely. (It’s such a small sum, most people could afford it...)
But that’s how much a one bed, one bath condo at 2040 Fell Street, just north of the Panhandle and a block west of Golden Gate Park, went for. Naturally, this was a BMR sale, facilitated by the city to first-time home buyers with very strict limits on personal income.
Still, that’s an implausibly low figure for what is a rather welcoming little place in a building from 1925, so points to the Mayor’s Office of Housing for taking care of business.