Purchased for $1.95 million in June of 2015, the 1,753-square-foot unit #7 in the former St Paul’s Primary School building at 300 Valley Street returned to the market priced at $2.195 million this past September, at sale at which would have represented total appreciation of 12.6 percent for the Noe Valley condo over the past four years.
In addition to two bedrooms, the “sun drenched” and “absolutely COOL modern day 2-level condominium” features a “gourmet kitchen with Caesarstone counters, DCS six-burner gas range, [and] stainless appliances,” along with high ceilings, two bathrooms, two fireplaces and a deeded space in the boutique building’s garage.
And having been reduced to $1.995 million in October, the sale of 300 Valley Street #7 has now closed escrow with a contract price of $1.975 million, representing total appreciation of 1.3 percent since the second quarter of 2015 on an apples-to-apples versus “median price” basis.
And now just two months later, 300 Valley Street (#7), “the premier residence in the former St. Paul’s Primary – a boutique, iconic building,” has just returned to the market with a newly refinished kitchen, updated fireplace enclosure, new paint and a $1.998 million price tag.
If you think you know the market in Noe, now’s the time to tell.