Sale on Sparrow Lane

2 Sparrow lane

2 Sparrow lane has closed at $3.5 million. 2000 construction, 4,967 sq.ft., one acre. Started off in June, 2017 at $3.995 million, so close enough.

1 Sparrow Lane

Exactly a year ago last April, No. 1 Sparrow for $3.775 million; 2000 construction, 6,156 sq.ft., one acre (of better land, in my opinion). Number One had previously sold for $3.995 million in 2002 and again for that same price in 2013. I think the 2017 buyers got a better deal than the new owners of No.2, but No.1's agent had dug up the information that the owner was being transferred, and there was a relocation deal in place (that kind of digging around is exactly why buyers should retain a buyer's representative — the seller's listing agent is forbidden to disclose such information without her client's permission). Still, I'd have expected it to command a higher price: somehow, other buyers resisted the power of the Zebra. Go figure. 

Just one of those mysteries of real estate