Off-market bidding war

today’s version

18 Terrace Avenue, Riverside, has sold for $3.5 million. Two different Houlihan agents put the deal together, but I believe the house was known to be on the market to agents at other firms.

Brother Gideon sold this same house for $1.8 million in March, 2022 via its own bidding war that began at $1.695, and, looking at today’s price, I wondered whether he’d confused the address – 18 — for the proper number to accept, but no: the buyers completely redid it, adding a bedroom and bath, expanding the house from 1,968 sq. ft. to 3,108, adding dormers, etc. and, although no interior pictures have been provided, I'm assuming that the kitchen and baths were also replaced.

Even so, $2 million in two years beats working a day job.

2022