First Listing of 2013 Has a Deal

By Dave Fratello | January 9th, 2013
The first truly new listing of 2013 was 316 27th St.

It posted early last Friday morning, January 4th, asking $2.200M. We saw it that afternoon.

The sellers had a deal before noon Tuesday. Pretty quick. Officially, 4 DOM. (They are accepting "backup offers.")

Is it a dream house of some kind? Oh, no.

The "Art Deco" styled home (4br/4ba, 2625 sq. ft.) sports a 1937 build date and evidence of various remodels over the years. (We'd have to say the "Art Deco" style is purely exterior.)

What this home has going for it, first and foremost, is a view-advantaged location. Perhaps some of the best views in the city from the top floor.

It's fairly high up a steeply downsloping hill, with an alley (Crest), not a home, immediately to the west. This gives you some very nice views from the second floor, and first-rate views from the top. Newer construction to the west, presumably maxed out on height, seems to confirm that these views are permanent.

The lot size and shape are a little different – it's a standard 2700 total square feet, but in this case it's 45' by 60', instead of 30' by 90'. This opens the door to a different kind of layout for a new structure.

The current layout and structure... we didn't love.

The 4br given in the official listing description didn't seem quite right. There are really 2br on the top level (along with a spacious sun deck), an ancillary bedroom off the main living spaces on the midlevel, and a downstairs space off the garage where people could sleep, but it really doesn't feel much like a proper "bedroom." If you don't need the extra bedrooms, no problem. The top-floor master is quite large and takes full advantage of those killer views.

No doubt, the main living level is bright, but also quirky. You feel the fact that this is a home that's been cobbled together over the years.

As we completed our tour, an agent asked what we thought. Trying to be polite, Dave said, "Well, I don't have anyone for it."

But someone else sure did.

Could this one have a date with a 'dozer? Surely a modern house on this location could be very special, and that's got to be the ultimate outcome. This time? We'll see.

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