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Noe Valley New Construction Takes a Little Off the Top

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In mid-2012, 1612 Church Street in Noe Valley was sold for $930K. At the time, the property was a 2-bed, 1-bath, 1,048-square-foot home that was in pretty bad shape, so the new owners rebuilt and expanded it into what you see above. It came onto the market in November with an asking price of $3.4M. The 3-story, 3-bed, 3.5-bath contemporary abode has all sorts of bells and whistles, but unfortunately that didn't attract a buyer. The home's price has just been reduced to $3.095M, or $305K less than its original asking price.
· Noe Valley Flip Hits Market For $3.4 Million [Curbed SF]
· 1612 Church [Official website]