Looks like your blog author may need to munch on some plastic some day soon.
It was not quite 3 weeks ago when we posted "South End Options Diverge," taking some approving note of a price cut at 424 3rd (to $1.695m) and suggesting that nearby 204 Morningside was substantially overpriced at $1.895m.
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Looks like your blog author may need to munch on some plastic some day soon.
It was not quite 3 weeks ago when we posted "South End Options Diverge," taking some approving note of a price cut at 424 3rd (to $1.695m) and suggesting that nearby 204 Morningside was substantially overpriced at $1.895m.
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| 204 Morningside Dr. |
Feeling somewhat confident about that Morningside opinion, we said: "Your blog author might have to make a lunch out of his keyboard if Morningside sells close to that start price."
Well, 10 days later, 204 Morningside posted a deal, and this past Sunday, the more easily anticipated deal at 424 3rd posted as well.
So both homes are now in escrow, and the question regarding the Morningside listing is becoming something like: "How do you define 'close to that start price?'"
Though we called the home "qualitatively a bigger challenge" than 424 3rd, and called $1.895m "a premium price for a home that's less than perfect," we also certainly allowed as how the home's "cute" and "nicely decorated." It could work for a family that likes the layout, which has its quirks.
Clearly, MBC will cop to it if we misjudged the market value on this one. But we really like our keyboard(s) and prefer a meal featuring pancakes, rice or veggies to computer keys.
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 29th, 2023 at 9:31pm 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.
