I know there are a few other North Park watchers on here, any opinions on price movement? In my opinion very overpriced still. I look at North Park as very segmented. The homes that have a premium on it tend to hug the park north of Morley, south of University. To the southern boundary would be Nutmeg on the east side of the park. And west of 30th. Everything else in North Park really seems to be highly variable in terms of how nice the street is.

Now this home below is east of 30th, and therefore in my definition, not in the premium zone. I have popped into a few open houses in this neighborhood and I actually looked at this house to rent. It wasn’t even a house I would rent. I seriously don’t understand how someone payed 415k for this house. Let me just say it was photographed far better than it looks. It is very small with the sense that nothing belongs where it does. It is off a very busy street with a lot of street noise and cars zooming by. The house looks like it had been the guest house or garage of the house adjacent. There is no garage, just street parking. It did not have a proper living room. It was a weird room that felt like it should have been a bedroom. The 2nd bathroom was so small I could barely fit in it and close the door.

Someone please tell me how this house sold for more than the couple paid for it in 2007?

http://www.sdlookup.com/MLS-090030442