On Thursday, I posted this 4 bedroom, 4 bathroom house on a 38 x 125 foot lot with a garage and a total of 6 parking spots at 32 Crescent Road in Rosedale.

It was steps to Yonge Street, the first floor was renovated, the bathrooms upstairs had recently been renovated, the backyard was re-stoned(?), and apparently the front was redone.

It had last sold in 2014 when it was listed at $3,425,000 and looked like this...

I didn't get it.  I thought the house, with the location, was more than a $3.5 house but the backyard was small for the size of the house.

I thought it could have been a $3,650,00 house but it would probably sell for $3,425,000.  After a price drop to $3,499,000, it sold for $3,430,000.

It was listed again after a little over 2 years for $4,495,000.

Without changes, the house  at a 10% compound interest would make this a $4,150,000 house (I did my math wrong, should have been $4,270,000).

And on top of that were the bathrooms, the backyard, and the front....so, a few hundred at the most.

Although I couldn't figure out why it hadn't sold at the asking price 2 years ago because I thought it was a deal, that was the sold price and I thought this new price might be a little overpriced.

Either I was right the first time around or there were issues to be fixed that I didn't see...

Or the market is totally not the same...

Or it was a fluke that it didn't sell then for more...

Because this house just sold in 2 days...

For $5,260,000.

(thanks to the reader  who sent this in!)