25 Sherwood Avenue sold today for $19,000,000. It was never listed for sale so I wasn’t aware of its presence, but it looks like 15 acres with a couple of buildings all renovated in 2004. In fact, from the areal, it looks like a heck of a place.
To balance that, 11 Green Lane, a bank-owned property, sold for $495,000. The sad thing about this is the seller might have avoided losing everything because, although he paid $699,000 for it in 2004, he listed it for $895,000 in 2007 when its assessed value was $483,000. In 2007, there was still time to get out for more than the assessed value. Too bad.