During the month of August, four properties sold in the Cole Valley neighborhood.  These sales included two single-family homes and two condominiums.  Details for these transactions are below:

For more information or to inquire about homes for sale in Cole Valley, feel free to give us a call at (415) 829-2996.

1012 Shrader Street

Sold on August 17, 2011 for $1,592,500, this 3BR/3.5BA residence is located on Shrader Street at Carl Street.  This unique, steeped roof single-family home was on the market for only 6 days before attracting an initial buyer that did not close on the property.  It was re-listed on July 8^th and three days later went under contract to another buyer.  The sale was completed 29 days later and sold for $2,500 over its list price of $1,590,000.  Property features include a long galley-style kitchen with stainless steel appliances, granite countertops, re-finished hardwood floors and wainscoting, a spacious library, a fireplace, a private deck, a laundry room, and one-car garage parking.

1555 Carl Street

Built in 1994, this 4BR/3.5BA single-family home is located on Carl at Carmel Street.  It was listed for sale on April 28^th for $2,950,000.  This property spent 10 weeks on the market and during this time its offering price was reduced on two separate occasions before attracting a buyer.  The sale was completed on August 8, 2011, for $2,420,000, representing $645 per square foot.  This two-story residence features high-end appliances in the kitchen with serving island, vaulted ceilings in the living room, skylights, three fireplaces, a laundry room, a private deck with views of the Golden Gate Bridge, garage parking for 5 cars, and a spacious backyard garden

This home was purchased by an all cash buyer.

950 Stanyan Street

Located on Stanyan at Carl Street, this 3BR/2BA condominium sold on August 8, 2011 for $1,165,000, representing $740 per square foot.  This flat was on the market for only 7 days before going under contract.  The sale was completed 15 days later and sold for $16,000 over its list price of $1,149,000.  This condo is located in a two-unit Edwardian building.  Property features include an updated kitchen with stainless steel appliances, granite countertops and custom cabinets, exposed box beam ceilings, an in-unit washer & dryer, two fireplaces, a private deck, two car garage parking, and a shared backyard with a fire pit.

180 Parnassus Street

This 1BR/1BA condominium is located on Parnassus at Stanyan Street. It was listed for sale on May 13th for $529,000.  After spending five weeks on the market its offering price was reduced to $519,000.  Shortly thereafter it attracted a buyer and went under contract.  The sale was completed on August 16, 2011 for $503,000.  This flat is located in a three-unit building.  Property features include stainless steel appliances, stone countertops, tile flooring in the bathroom, an in-unit washer & dryer, and access to a shared, fenced-in backyard. This sale also included the option to lease a garage parking space in the building for $200 per month.  Homeowner’s association dues at the property are $188 per month.

Article by John Downing

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