The sale of 651 27th Street over in Noe Valley officially closed escrow today with an MLS reported contract price of $1,195,000. That being said, we have a feeling an asterisk might be involved (i.e., a “confidential” sales price which is recorded in the MLS at list) and we’ll have to wait for tax records (or a plugged-in tipster) to confirm [UPDATE below].
Once again, previously purchased for $1,500,000 in November of 2007 after being acquired in February of 2004 for $1,200,000 and extensively remodeled in 2005 (new kitchen, bath, and master-suite).
As we wrote when it went into escrow, don’t forget those invitations to the housewarming.
UPDATE: Apparently no asterisk so it’s an official reported sales price of $1,195,000 for 651 27th Street. And for the record, we were expecting something higher but below $1,500,000 and not lower than $1,195,000.
At $1,195,000 that’s a drop of 20% from its sale price in 2007 and $5,000 less than its pre-renovated sales price in 2004 for this single-family Noe Valley home.
∙ On The Market (But Not The Public Facing MLS): 651 27th Street [SocketSite]