No More at 4

Posted by Dave Fratello on Wednesday, June 11th, 2008 at 9:59pm.

Homes listed in the Tree Section at $4m or higher are rare, but not unheard of. As of today, we have none.

That's because 769 33rd yesterday dropped $450k off its list price, so it's now at $3.95m. That's a total of $550k (-12%) off the start price of last September (pre-completion). (Click highlighted address for details via Redfin.)

The two most recent sales above $4m were both new homes on 15th St. by American Martyrs:
  • 613 15th closed for $4.050m in March
  • 605 15th, a pre-sale, closed for $4.2m three weeks ago in May
Behold, a new listing of a 7-year-old home on that block, even closer to the church, hit the market today at $5.495m.

That's 633 15th, boasting a double lot (12,500 sq. ft.) and 6br/4ba, 6000 sq. ft. So that's the priciest offering in the Trees by $1.5m, skipping past the 4s completely.

Here's some bad news: This is the home where the Christmas season is typically celebrated in spectacular form with bright lights, a Tommy Bahama theme, a life-size dancing Santa and, occasionally, the homeowner himself sitting atop a giant Santa throne waving to passers-by. We had begun to take the display for granted. Kinda wish they'd let us know 2007 was the last year.
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