A weird thing to see in a rising market is the phenomenon of short-term holds that are profitable upon resale.
But that resale, at $1.479M, was practically a lower-tier sale.
Now comes the corner-lot Tuscan at 1603 5th (5br/5ba, 4700 sq. ft.) at pretty much the highest tier for a conventional home in East MB, with a new sale at $2.850M.
Scratching at 3 already?
Why, just last year, in April 2013, the same home sold for $2.575M.
So they didn't really need to worry about whatever led to such a quick exit. (We're not prying.) Ordinarily, you'd think any profit upon……