Having not been remodeled since the 60’s, the 2,628 square foot home at 1901 Diamond was purchased for $1,450,000 in 2007, underwent an “eco-friendly” and “no expenses spared” renovation, and sold for $2,050,000 with 2,819 square feet in October 2008.
Listed for $1,950,000 this past September, reduced to $1,850,000 “by Motivated Sellers!” in October, and then withdrawn from the market in December, yesterday the hill-top home with a Noe Valley address returned to the MLS listed anew and asking $1,795,000.
The sale of 1901 Diamond Street closed escrow on Tuesday with a reported contract price of $1,800,000. While officially “over asking” (by $5,000) according to industry stats and newsletters to be, it’s also 12.2 percent ($250,000) under what Cain paid in late 2008.
∙ Origins Of The Man Cave [SocketSite]
∙ A Motivated Matt Cain [SocketSite]