Lakewood Balmoral – Andersonville home sales have been quiet this fall. There are 2 homes under contract, but no closings have occurred in the last 3 months.
The 1905 home at 1426 W Rascher was last purchased in December, 2007, and has top of the line upgrades. It’s not in the Lakewood Balmoral District, but it’s proximity to Clark Street makes it very desirable.
The 5345 N Magnolia bungalow lives three times larger than the curb view indicates. It was purchased in December, 1997 for $ 280,000 and was originally listed in June, 2011 at $ 1,299,000. It was reduced to its current list price on November 4.
For those interested in doing rehab work to their own taste, 5453 Magnolia could be a terrific buy. Select the link below to see the floor plan.
The chart below includes homes for sale and under contract in and near Lakewood Balmoral. The number just to the left of the address is the number of days that the property has been listed for sale.
| ACTV | 190 | 5453 | Magnolia | $545,000 | 8 | 5 | 2 | 2250 | 48X123 |
| ACTV | 89 | 5252 | Magnolia | $699,000 | 7 | 3 | 2.1 | 3100 | 25X123 |
| ACTV | 167 | 5345 | Magnolia | $999,900 | 10 | 5 | 4 | 0 | 37.5 X 123 |
| ACTV | 122 | 1426 | Rascher | $1,395,000 | 11 | 6 | 3.2 | 5000 | 50 X 125 |
| ACTV | 88 | 5457 | Wayne | $1,680,000 | 14 | 5 | 3.1 | 0 | 29 X 123 |
| A/I | 92 | 1443 | Catalpa | $574,900 | 7 | 3 | 3.1 | 2125 | 24 X 125 |
| PEND | 195 | 5426 | Magnolia | $675,000 | 8 | 5 | 1.1 | 2400 | 40X123 |
Homes in Lakewood Balmoral / Andersonville are a treasure. Not only are they on larger lots with loads of vintage charm, but property tax savings are possible by doing updates and home improvements. Select this link to see how you can receive a property tax assessment freeze on your historic home.
To see homes for sale in Andersonville or Lakewood Balmoral, contact Anne Rossley at Prudential Rubloff. If you have an interest in getting a market analysis sent to you, either in person or by email, select this link.


