Friday means it’s time for the High & the Low, a Curbed SF column chronicling the most and least expensive homes sold in San Francisco in the last seven days. So who got what this week, and how much (or little) did they get it for?
News about the city’s priciest home receipt over the past seven days is bound to divide, since it was a divisive listing with which to begin. As we noted back in July, 150 Vicksburg Street used to be one of Noe Valley’s great old Victorians, until a recent renovation removed all but the faintest shadow of its original self.
At the time, some Curbed SF readers were decidedly displeased with the metamorphosis from classic to ultra contemporary. "Gutted and turned into an airplane hangar," one declared. "Disgusting," another called it. The highest compliment anybody would pay it is "not quite as antiseptic as some have been."
And yet, for as much as the rabble rousers rabble rouse about these remodels like this, there’s a reason these renovations keep happening: big money buyers keep spending big money on them. In this case, $4.1 million. That’s $300,000 less than the list price, but with a check that size who’s going to notice the difference?
The building previously sold for $1.3 million in 2013, but note that it was a duplex back then.
BMR sales aside, the city’s thriftiest home sale comes from a surprising corridor: The skirts of Lower Pac Heights at 1700 Gough Street, where the number 408 apartment just south of Lafayette Park changed hands for only $450,000.
This after originally listing for even less: $390,000. After nearly two months unsold, they hiked the price by $60,000. Why in the world would anyone do that? Because a fake out buyer offered $450,000, and by the time that deal fell apart the seller had become rather attached to the higher price. Monday's buyer evidently was of the same mind.
So why the relatively modest price point? Because it’s one of the most micro of micro studios. Advertised as "built in 1980, before micro was micro was in," it’s less than 260 feet from end to end. A home ahead of its time, perhaps.
- 150 Vicksburg [Sothebys]
- Noe Valley Vic Renovated [Curbed SF]
- 152 Vicksburg [Redfin]
- 1700 Gough Street, 408 [Realtor]