Tidbits: Real Estate

4033 26th St hit the market this week. The former eyesore has 4 bedrooms ("including a luxurious top-floor master retreat"), 3.5 baths, views and parking. All that since the photo above was taken in November. (Fast?) Offered at $2.595M.

Nove has opened on the eastern edge of Noe Valley in the old Palm Broker spot at 1070 Guerrero. The two condos currently listed are $1.125M and $1.575M. Curbed has the best summary of features and photos.

Check out Firehouse 44 at 3816 22nd St. The big beautiful 4-bedroom, 2-kitchen house without a view or a yard has dropped to a bargain $4.8M from it's original asking price of $6.375M back in September '08.

Hot Properties: The $5M Club

In October 2005, the most expensive single-family residence ever sold in Noe Valley went for $5.3M to a former Google employee. The house at 526 Duncan St. was even referred to as The House That Google Built by The Noe Valley Voice. Google's share price at the time? About $300 and climbing.

Well that record price has been broken. With an asking price of $6,250,000, 625 Duncan St. recently closed for just a bit under $6M after only...ahem...zero days on the MLS. [EDIT: other sites have disclosed that this house closed for $5.818M] That's way over $1000/sf! No word on who bought it, but with all the speculation on real estate sites that Google is driving Noe's home prices it's worth noting that GOOG is currently $312/share after topping out over $700. (If you'd like to know the exact selling price of this and other properties, sign up for updates on San Francisco Schtuff.)

If Google is driving the high-end of the real estate market, and the stock keeps recovering, then perhaps 3816 22nd St. still has a chance of setting an even higher record. Will it break that $6M barrier...?

But seriously... is Google driving Noe Valley home prices? We don't think so, but would love to hear your opinions.

[MLS: 625 Duncan St]
[MLS: 3816 22nd St]
[NVSF: Hot Properties: Reduced]

Hot Properties: Reduced

It is still the most expensive property in Noe Valley ever, but the old firehouse at 3816 22nd St is now slightly more affordable. Originally listed for $6.375M, it can now be yours for the low low price of $5,975,000.

[MLS: 3816 22nd St]
[NVSF: Hot Properties]

Hot Properties

If you've taken a walk to the top of Liberty Hill you must have peeked through the gate at the villa with the great views and fountain garden. The Front Steps is reporting that after only 8 days on the market Casa Cielo closed for (presumably) close to it's $3.47M asking price.

Meanwhile, the old fire house at 3816 22nd St is still available for a cool $6.375M. For that price it should come with a Google Bus Stop curbside.