As a plugged-in tipster catches the moving trucks in action this morning, the sale of 3016 Pine Street closes escrow this afternoon with a reported contract price of $2,260,000.
Although originally listed for 13 percent more eight months ago, according to industry statistics the sale will be recorded at 4 percent under its last asking price of $2,350,000 and with 104 days on the market for the single-family Lower Pacific Heights house.
And at $2,260,000 it’s an apples to apples sale at 17 percent under its July 2006 purchase price of $2,725,000 for the completely remodeled District 6 home.
∙ An Apple Rather Than Cone On The Pine Street Tree (3016 Pine) [SocketSite]
∙ A Potentially Bitter Apple In Lower Pacific Heights: 3016 Pine Returns [SocketSite]
∙ San Francisco Real Estate Districts: Maps And Neighborhoods [SocketSite]