849 Sanchez

The sale of the Streamline Moderne 3,100 square foot (per its previous listing) property at 849 Sanchez closed escrow yesterday with a reported contract price of $3,200,000.

Call it $1,032 per square foot versus the $1,096 per square foot ($3,400,000) it was purchased for in June 2008, a three year drop of six (6) percent for the poster child Moderne home over the past three years.

Mo’ Moderne Atop Liberty Hill (Or Not) [SocketSite]
San Francisco’s Modern Era Of Design And Development [SocketSite]