There's a sweet, traditional home in the South End that just can't seem to hold onto its residents.
532 1st was purchased less than 2 years ago, in April 2007, for $1.9m. The owner is now offering it up via Zillow as a FSBO for $1.999m. (Click the address for the Redfin listing, which links back to the Zillow…
There's a sweet, traditional home in the South End that just can't seem to hold onto its residents.532 1st
was purchased less than 2 years ago, in April 2007, for $1.9m
. The owner is now offering it up via Zillow as a FSBO for $1.999m
. (Click the address for the Redfin listing, which links back to the Zillow listing.)
Two years and out is just about what transpired with the folks who bought the home in Oct. 2001. They paid $984k
then, but found a buyer at $1.289m (+$305k/+31%, nice!)
just 22 months later.
All told, the home has changed hands 6 times in 15 years, and would get its 7th set of residents in that time if the FSBO sale works out. (This property history comes from Redfin; click to enlarge.)
The frequent turnover at 532 1st is a bit surprising.
Though the listing doesn't offer any inside pics (yet) of the 4br/3ba, 2650 sq. ft. home, the exterior of the rancher is pleasant and well-maintained, and the listing does tout fully remodeled/updated interior spaces.
The location is OK, west of Valley near Robinson School and not far from the beach. True, 1st St. can be cramped and relatively busy, but the house is really oriented away from the street. The large 4000 sq. ft. lot allows a nice back yard – uncommon in the area.
On the same block, in mid-2008, a remodel at 437 1st
(4br/3ba, 2600 sq. ft.) got $1.610m
– that one had a standard-size lot (2700 sq. ft.) and no yard to speak of.
Currently, closer to the beach, 325 1st
, 3br/4ba and 2100 sq. ft. with a recent, complete remodel, but just a half lot, is up on offer at $1.749m
The folks at 325 1st are getting out after about 3 years, substantially longer than 437 1st was held by the previous owner and a year more than the sellers of the hot potato further up the block.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 21st, 2023 at 10:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.