Plugged-in people knew it was returning to the market, and today the sale of the Beaux Arts mansion at 3701 Washington closed escrow with a reported contract price of $12,100,000 having been listed for as much as $17,500,000 in 2008.
Built in 1902, the 10,000 square foot property sold for $8,000,000 in 2005 as a fixer, underwent a multi-million dollar renovation, and then served as the 2006 Decorator Showcase home at which point it was returned to the market asking $15,500,000.
And according to a plugged-in reader, it sold for $12,100,000 that October as well.
Don’t forget those invitations to the housewarming. We’re calling dibs on bedroom five.
∙ 3701 Washington Returns Two Years Later Asking 23 Percent Less [SocketSite]
∙ Inside the 2006 Decorator Showcase Home [sanfranciscoshowcase2006.com]
∙ Now That’s How To Flip Renovate! [SocketSite]
∙ It’s Tough At The Top [SocketSite]
∙ Now That’s How To Flip Renovate Flip? (3701 Washington) [SocketSite]