As we first reported back in July of 2007:
A tipster directs our attention to the listing for 741 Noe, a two bedroom “Tales-of-the-Cityesque” condo “on Eureka Valley’s famed Liberty Street Stairs” that could “make Armistead Maupin green w/ envy!” It’s part of a two bedroom condo association along with 494 Liberty (which according to our tipster “recently sold for $1,315,000 after being listed at $1,085,000”). Oh, and apparently the two units “were bought as TIC’s on 7/15/2004 for $1,141,500 total.”
And then there’s the last paragraph of the tip: “I’m a homeowner who has owned for quite a while and although I like to see properties appreciate, I would prefer it to be less crazy. I can never never afford to move unless I move out of the city.” Oh, the irony (and only in San Francisco).
Having sold for $1,057,000 that August, it’s another tipster that notes 741 Noe has been back on the market for three months, originally asking $1,029,000 but listed at $959,000 for the past four weeks, nine percent more affordable than four years ago and not accounting for a 240 basis point (37 percent) drop in 30 year mortgage rates as well.
∙ Listing: 741 Noe (2/1) – $959,000 [MLS]
∙ Tales Of San Francisco (On So Many Different Levels) [SocketSite]
∙ 30-Year Mortgage Rates Fall Below 4 Percent And…Activity Drops [SocketSite]
Pix are suspiciously arty.
Arty? More like cramped. The photos make the place look tiny and claustrophobia-inducing.
No square footage. Methinks it’s not the biggest selling point.
Then again 17 pictures selling either the exterior or the view and 10 of the interior. Of these 10, many favor staging over space or function.
The loveseat in the living room tells me this place is small, though 1107 square feet doesn’t seem that small for a 2/1.
Small kitchen, tiny living room, but a sort of pseudo dining room, which is a plus. Superb location. Big deck.
$959K is probably a stretch.
Tipster is great, it’s a great deck, but actually very windy there. This building is in a very windy micro micro climate…the western wind speeds up as it goes over the top of the hill. Notice it every time I walk up those stairs.
For usuable outdoor space i’d want to be over the crest of the hill facing Dolores Park.
I mean, Tipster is right. I’m not sure I’d call Tipster great(except that he’s a great pain in the a## to anon.ed)
Freudian slip?
pic #8 sold me.
Where do I sign?
I’ve been in it…It feels quite small for the price. My house is about 870 square feet on the first floor and feels much larger.