Another Bay Area home just sold for $1 million over asking price – and it won’t be the last

MOUNTAIN VIEW, Calif. (KRON) — A single-family home in the Silicon Valley swiftly sold for nearly $1 million over the asking price in just under a week.

The home at 593 Sleeper Ave in Mountain View was listed at $4,498,000 on April 22, according to Compass.

It sold for $5,477,000.

8dd32 Compass Sleeper Ave1 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last

Zillow reports that home values in the same 94040 zip code have increased by 2.8% just in the last year.

The pandemic turned into a hot seller’s market as people rushed to buy their dream homes and more space.

The two-story Sleeper Ave house has a total of seven bedrooms and 5.5 bathrooms – two of those bedrooms and one bath inside a new accessory dwelling unit on the property.

It was built in 1964 and renovated in 2018 – adding oak floors, crown moldings, wainscot, ship-lap paneled ceilings, and a new kitchen. There is also a well-lit dedicated office space for those work-from-home days.

Take a look inside and out:

  • ee88f Compass Sleeper Ave Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • ee88f Compass Sleeper Ave1 1 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • ee88f Compass Sleeper Ave2 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • ee88f Compass SleeperAve15 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • ee88f Compass Sleeper Ave3 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass SleeperAve13 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass Sleeper Ave4 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass Sleeper Ave5 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass Sleeper Ave6 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass Sleeper Ave7 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 7dc72 Compass Sleeper Ave8 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • d0987 Compass Sleeper Ave9 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • d0987 Compass Sleeper Ave10 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • d0987 Compass Sleeper Ave11 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • d0987 Compass Sleeper Ave12 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • d0987 Compass SleeperAve14 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last
  • 08736 Compass SleeperAve16 Another Bay Area home just sold for $1 million over asking price – and it won’t be the last

The last time it sold was in 2003, for just above one million dollars.

The huge sale isn’t unheard of in the Bay Area. In March, a house in Berkeley also sold for $1 million over the asking price with 29 total offers.

Not too far north, a home in Citrus Heights received 122 offers in one weekend on the market.

Article source: https://www.kron4.com/news/real-estate/photos-bay-area-home-sells-for-nearly-1-million-over-asking-price/

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