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October 19, 2011

“Streamline Moderne” on Sanchez Lands BOM


Noe Valley real estate junkies may recall 849 Sanchez coming on the market earlier this year—the house with the 1930s “Streamline Moderne” architecture atop Liberty Hill. The 4BR/3.5BA view home had an interesting, circular floor plan on the main level and two bedrooms (including a master suite) on the entrance level. It was listed at $3.4M in March and sold in 30 days for $3.2M.

Months later, the owners are now splitting up and have put the home back on the market (BOM) for $3.3M. (The extra $100,000 is thrown in to presumably cover selling costs.) That would be a hefty appreciation, yet nothing surprises me in Noe Valley these days. But it’s also important to note that 849 Sanchez sold in 2008 for $3.4M.

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