The price tag on the roughly 2,000 sq ft Victorian, called ‘the worst house on the best block’, was the outcome of overbidding
A decaying, 122-year-old Victorian marketed as “the worst house on the best block” of San Francisco has sold for nearly $2m – an eye-catching price that the realtor said was the outcome of overbidding in an auction.
A developer’s $1.97m cash offer for the 2,158 sq ft (200 sq metre) property in the Noe Valley neighborhood was finalized last week. On the social media page Zillow Gone Wild, some commenters marveled at the price while others questioned the value of a house with boarded-up windows, peeling paint and an unstable foundation.
Continue reading...from US news | The Guardian https://ift.tt/1Zwv3jN