The Eastsider back in early December reported on a newly listed Spanish-Colonial home in Highland Park that went up for sale at $665,000. That asking price was a 90% mark up from what the flipper paid for the same property four months earlier and noticeably above recent home sales near Franklin High. But it did not take very long for the three-bedroom home to go into escrow before the sale was completed this week. How much did it go for? Drum roll please …. $735,000 or $70,000 above asking, according to Redfin. Can homes in this part of Highland Park go any higher?
April 17, 2018