Plane Spotters Special

70 Sherwood Avenue, listed at $4.295 million, has sold for $4,724,528.12 (here’s a case where that open auction feature, discussed earlier this week, could have helped the winning buyer avoid such a silly bid).

The builders who renovated this house back in 2007 tried for $5.775 that year but had to settle for $3.375 in 2010. Those buyers, in turn, sold it to these sellers in 2021 for $3.495 million, and without making any noticable changes or improvements, sold it this week for a handsome profit. Timing is everything.