A decaying 122-year-old Victorian sold for nearly $2M at an auction.
A developer's $1.97 million cash offer for the 2,158-square-foot property in the Noe Valley neighborhood was finalized last week. On the social media page, some commenters marveled at the price while others questioned the value of a house with boarded-up windows, peeling paint and an unstable foundation.AMERICANS SQUEEZED BY RISING HOUSING COSTS
The property sold at several hundred thousand dollars higher than other comparable fixer-uppers in the area as a result of a complex conservatorship sale, said Todd Wiley, who represented the seller. A recently sold Victorian home is shown in San Francisco, Friday, Jan. 14, 2022. The decaying, 122-year-old Victorian marketed as"the worst house on the best block" of San Francisco recently sold for nearly $2 million — an eye-catching price that th
Wiley said a judge approved the sale of the house after its elderly owner was placed in a conservatorship. The man's family, concerned about the way he was living, hired a licensed fiduciary to handle the sale with the proceeds going to pay for his continuing care, according to Wiley.
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