The three-bedroom TIC at 1278 Church Street first hit the market in July of 2008 having been newly remodeled and priced at $1,395,000. The other two units in the building (1280 and 1282 Church) were listed for $1,245,000 and $1,365,000 respectively at the time.
As we wrote in August of 2010:
The sale of 1278 Church ended up closing escrow in September 2008 with a reported contract price of $1,368,000 while the list prices for 1280 and 1282 were reduced the very next month and then eventually withdrawn without selling.
Public records would suggest 1280 Church ended up selling for $950,000 in June 2009. And yesterday, 1282 Church Street returned to the MLS asking $1,195,000.
While the listing for 1282 Church Street was withdrawn from the market in November 2010 without a reported sale, today 1278 Church Street returned to the market listed for $1,360,000 ($648 per square foot).
∙ Listing: 1278 Church Street (3/2.5) 2,100 sqft – $1,360,000 [1278churchstreet.com]
∙ Newish Construction In Noe: Three TICs At 1278-1282 Church Street [SocketSite]
∙ Green Construction (But Red Comp) Returns On Church [SocketSite]