If you’re currently in the market for a 3BR/3BA, two-level condo in a renovated building with two-car parking and a good north-end location, you can expect to pay close to $2M. At least, that’s the knowledge gleaned from last week’s closed sale at 3150 Clay (above).
This lower unit in a two-unit Edwardian building had a private patio, landscaped and shared garden, and high-quality finishes throughout. The sellers had renovated the foundation, plumbing, electrical and roof, too. List price was $1,575,000, and that was obviously a starting point for the 16 buyers who submitted offers and aimed to make 3150 Clay their own. The unusual part? The successful buyers actually needed a loan and didn’t trump everyone with an all-cash offer. (They just paid the highest price.)