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Under 500 Club: A Quaint Noe Valley Pricechopper

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The Under 500 Club is Curbed SF's exclusive members-only support group for those homes on the market for less than $500,000. Things are looking up: Once the domain of poorly (if at all) staged homes, the Club's membership has grown to include both shitboxes and hidden gems. All listings of note should be sent to the Curbed SF Inbox.

Determined to live in Noe Valley but can't afford the jumbo loan for a monster mod mansion? Look no further than the recently slashed pricetag at the adorable and unattached 3630 22nd St. The two bedroom, one bath 1,139-square-foot Victorian comes complete with a bonus room, private patio, front porch overlooking a wee garden and decidedly non-Victorian central heating. This baby clocks in at $499,000 -- down from a cool $749,000 just four months ago. That's $438 per square foot. One little catch that might account for that huge drop in price: it's a TIC, shared with only one other unit, so good luck snagging that mortgage after all.
· 3630 22nd St. [MLS]