Pending on Edgewood after 5 days

36 Edgewood Drive, $3.975 million and, presumably, going for more.

An interesting price history here: the 1.43-acre lot with a teardown was purchased for $2.350 in March of 2006, resold that July for $2.5 milion, and this house was built. I’m surprised, I guess, that even at 2007 prices, a house this large at this construction level — slate roofs have never been cheap, for instance — could be profitably sold for $4 million when the land it was built on cost $2.5.

But I guess it can.