Built as a three-unit Mid-Century building, 350 Collingwood was legally expanded and converted into a 5,246 square foot single-family home circa 2003. In 2005, the renovated home sold for $3,595,000 with four bedrooms across two levels and a two car garage below, an elevator, and a rather cherry kitchen on the top floor. The adjacent landscaped lot at 342 Collingwood (the “Grounds”) fetched another $1,000,000, for a total purchase price of $4,595,000.
Having returned to the market listed for $4,750,000, the sale of 350 Collingwood and the gorunds closed escrow last week with a reported contract price of $4,575,000, just below its 2005 price on an apples-to-apples basis for the Eureka Valley home.
∙ Born A Three-Unit Building, Rebuilt As A 5,000 Square Foot SF Home [SocketSite]