Masterfully Remodeled Noe Valley Home Fetches $1,400 Per Foot

2022-06-30 03:01:54 By : Ms. Tracy Yao

Purchased in an off-market sale for $4.988 million or roughly $1,136 per square foot in March of 2019, the “masterfully remodeled,” 4,390-square-foot Noe Valley home at 2430 Castro Street returned to the market listed for $5.898 million earlier this month having been redecorated but not newly remodeled or further expanded.

The five-bedroom home is outfitted with floor to ceiling windows for light and views, an open main floor plan that leads to a tiered outdoor space, “for a seamless indoor-outdoor experience,” and an oversized main suite, along with two other bedrooms, on the home’s top floor.

And the listed sale of 2430 Castro Street has now closed escrow with a contract price of $6.15 million or roughly $1,400 per square foot, representing total appreciation of 23.5 percent for the Noe Valley view home since the first quarter of 2019 or less than half the 48 percent increase in the widely misreported “San Francisco” index over the same period of time.

More gypsum than White Sands National Park. Jesus, my eyes.

A white box with can lights. How innovative. How exciting.

Yeah one person’s “masterfully remodeled” is another’s “meaninglessly muddled”…

I don’t get noe valley. Not my location, and while this house has a view, it’s pretty far out there. This is a poor man’s Laidley St House.

Warmest part of SF, attractive, quiet and safe. Great access to Peninsula / South Bay.

There is absolutely nothing interesting about this home or its decor. It looks like any other SF remodel except even more dated.

I think the best way to think about this is that it is not “Masterfully Remodeled”, in terms of aesthetics, but in terms of maximizing the return on investment for the remodeler. The most interesting about this home and its decor is the masterful amount of money it produces on sale to increase the bank account balance of the seller following the close.

of course this sale did not involve the investment of the remodeler what so ever.

I don’t understand the point of creating a sunken open area off the lower level – at the expense of having a larger flat area off the main (kitchen / living) level.

And… half of those full-height glass windows on the 2nd floor, facing the street, are the *bathroom*?! I’m hardly shy and reserved, but I don’t want full-height visibility for my various bathroom functions…!

It’s set into a hill, is why.

Yeah, the nicest thing I can say about this remodel is the back yard (that en suite tub is pretty nice too). Dividing it into multiple levels cleverly avoids a fate of staring at a 20ft tall retaining wall while bringing some of the outdoor space up into the light.

The en suite tub adjacent to the full-height street-facing windows? um, OK…

Curtains are an easy fix for bathtub privacy. They could be left open for the majority of the time nobody’s taking a bath.

Only two exterior side walls of the early 20th century cottage were kept. Only a developer would consider tossing 95% of the existing structure in a dumpster “remodelled”.

The glass, chrome, and oak staircase gives this place an early 2000s vibe. I like it.

Does “redecorated” just mean changing the paintings and furniture? Was it white-box to white-box?

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