January 13, 2011

The (Little Less) Plum 469 Clipper Gets Clipped (Price And DOM)

469 Clipper 2011

Borrowing from a tipster, 469 Clipper has returned to the MLS yesterday with a newly clipped list price (now asking $1,679,000), some newly painted bays, and an official "one" day on the market according to industry stats for the Noe Valley home.

Following a ground up renovation the rebuilt Victorian had returned to the market last August asking $2,299,000, was reduced a few times, and then withdrawn from the MLS in November last asking $1,849,000.

Now listed at 2,566 square feet, call it $654 per square foot at its current list price for the single-family home with "high ceilings, abundant natural light & high-end finishes."

469 Clipper Kitchen

And once again, as the then 1,983 square foot property looked in 2009 when purchased for $750,000 (and in 2008 when sold for $1,020,000):

469 Clipper circa 2008 (Image Source: MapJack.com)

∙ Listing: 469 Clipper (3/3.5) 2,566 sqft - $1,679,000 [MLS]
From Apples-To-Apples To An Orange A Plum: 469 Clipper Returns [SocketSite]

First Published: January 13, 2011 10:00 AM

Comments from "Plugged In" Readers

Is the house included with the garage ?

Seems like the seller is serious about moving this item. Those are serious price chops.

Posted by: The Milkshake of Despair at January 13, 2011 10:19 AM

yeah, its tough when those construction loans come due...They paid $750k for the shell, figure they spent what $250/ft² on the rehab? Cost of the loan -- getting slim margins here I would suspect.

Posted by: Geo at January 13, 2011 10:26 AM

will sell for sure now due to the painted bays

[Editor's Note: Good eyes and since noted above.]

Posted by: mikey woodz at January 13, 2011 10:32 AM

The painted bays are so wrong. It's just wrong.

the open interior is hideous.

Posted by: noearch at January 13, 2011 10:03 PM

Gray, gray, gray and more gray. Today's decorators all read from the same soviet nostalgia book, which will be outdated in 3, 2, 1...

Posted by: lol at January 14, 2011 9:05 AM

And you get to sit outside, on top of the garage, listening and breathing the fumes from the heavy traffic on Clipper.

Posted by: MCM at January 17, 2011 11:40 AM

sold, $1.6

Posted by: curmudgeon at February 28, 2011 11:59 AM

What do you think they made on the transaction? Geo's calculation suggest $1.39M spent.

Just for reference, permits say $459,200 "To excavate basement, convert to habitable space; add two bedrooms, two baths, familiy rm. & library. Remodel main level, relocate bath, add 1/2 bath & open stairs to lower level, new deck @ side." Two permits were added later to add an additional window on two floors and to change some exterior surface materials.

Posted by: sfrenegade at February 28, 2011 3:21 PM

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