Location, Location, Location

If you’ve ever visited San Francisco, there’s a good chance you’ve seen the iconic “Painted Ladies.”



As you may imagine, these houses don’t come up on the real estate market too often. The last one sold was a decade ago.

Until now.

The green house on the far left – the anchor, if you will – sold recently for $3.1 million, $900k below its original asking price.

Don’t feel too bad about the fire sale pricing. The owner bought the house in 1975 for $65k, so no matter how you do the math, I think he’s coming out ahead.

A story about the sale appears here.