New England Patriots quarterback Tom Brady is doing just fine. From The Boston Courant (Jan. 26, 2008):
Tom Brady, the New England Patriots star quarterback, is a winner on and off the field.
Brady has sold his 314 Commonwealth Avenue condominium for $5.3 million, as reported last week by Banker & Tradesman, turning an approximately $1.2 million profit on the sale to a surburban couple.
Brady purchased the three-bedroom condo in the Burrage House, located at the corner of Comm Ave. and Hereford Street, for $4.1 million in 2004. The 10-room, 3,422-square-foot home comes with three-and-a-half baths and three fireplaces.
How important was the star quality for the sale?
“It doesn’t hurt that this was Tom Brady, but at the end of the day, those celebrity types are already gone,” said Ken Tutunjian, senior vice president of Coldwell Banker in Boston. “It’s a beautiful home. It has a lot of good real estate qualities to it.”
Earlier this month, The Boston Globe reported that Brady would soon be moving into a Beacon Street penthouse he bought in 2005 for $6.7 million. Although he originally purchased the entire building, he kept the two top floors for himself and put two of its condos up for sale, one at $4.59 million and the other for $3.99 million.
See, not everyone is getting hammered in real estate…