Can you afford a $27,171.00 monthly mortgage ...?

[Auggie]

If so, here's a sweet three bedroom home for sale on San Francisco's Russian Hill, complete with "penthouse" views of the Golden Gate. I knew the guy who used to own it, though I believe he sold it decades ago for a paltry $1,000,000 or so.

$27,171.00 is the estimated monthly mortgage on the asking price of $7,750,000.00.



Details at the link: http://www.zillow.com/homedetails/1188-Lombard-St-San-Francisco-CA-94109/15064578_zpid/

[CountAllVotes]

1. Hopefully this isn't that same haunted house on Lombard street

AKA, The Crookedest Street in the World!



When I was a renter and living in The City, I remember that occasional drive down Lombard street. I was looking for a place to rent and there was a place for rent on Lombard street on what I remember as being a particularly fine day and an old friend was driving and said, "Look! There it is! That house that is for rent is haunted!".

Well, I told him I didn't want to live in a haunted house and why was the one that is for rent "haunted"? He never told me why and the story that went with it but geez, who in their right mind would want to live on Lombard street? Traffic was/is a huge problem as it is a tourist attraction. I think they have finally closed it off so you cannot drive down it any longer but in its day you sure could.

As for this $27,000+ house mortgage, note that tall old apartment building behind it. That is probably far more representative of what places are like to rent in S.F. which is old as hell and doubtlessly run down due to age (sounds familiar ...). People buy these places and forget that maintenance word which = money and you need lots of it!

Let's hope that whoever buys this place likes haunted houses and the like ...

[Auggie]

2. It's on the opposite side of the hill. It's not the "haunted house" you mention.

I doubt a ghost could afford the mortgage anyhow.

During peak tourist season cars and buses line Lombard all the way down to Van Ness in order to drive the crooked part. Anyone living on Lombard between Van Ness and Hyde has to endure hours of idling engines, carbon monoxide and the smell of burning clutches. There's talk of closing or limiting the crooked block to traffic -- in fact, it may already be so. But for years it hasn't been very pleasant place to be during tourist season.

[CountAllVotes]

3. No thanks!

Which one is haunted supposedly? That's what I want to know!

[NBachers]

4. Lombard's still open but the people living in the neighborhood keep trying to close it to the public

Sorry, my sympathy is limited.