There are many good choices for vintage, historic homes in Lakewood Balmoral.  Two homes have closed this month, but there are still good options available for those interested in buying a single family home.

The best value in this Andersonville historic district is 5210 N Magnolia. The home was purchased just a couple years ago, but it has many upgrades and improvements since that date.   It’s essentially in move-in condition, with a new kitchen, newly landscaped yard, newer baths, and more.  At the same time, it retains some lovely vintage details.  Like most Lakewood Balmoral homes, it’s on an oversized lot.

It’s not my listing — I’m endorsing it to my buyers who are looking for a lovely home in a fantastic neighborhood.  Lakewood Balmoral, as an historic district, is an opportunity for buyers of single family homes to make improvements that could  “freeze” their property taxes for 8 years.  Qualifying vintage single family homeowners can also donate a “facade easement” that provides substantial savings on federal income taxes.

List Price Sold Pr Closed Date MT Beds Baths Lot Dim
5210 Magnolia $875,000 45 4 2.1 37.5X123
5340 Lakewood $925,000 103 6 4.1 37.5X123
5418 Magnolia $975,000 36 6 2 40 X 120
5440 Magnolia $1,190,000 99 5 2.1 50X123
5407 Lakewood $875,000 $835,000 7/15/2010 88 3 3 35X123
5312 Magnolia $925,000 $900,000 6/30/2010 28 6 3.1 25X123

To see this or other homes for sale in Lakewood Balmoral, contact Anne Rossley at Prudential Rubloff.

Interested in learning more about tax savings in historic districts, or learning more about donating your facade for federal tax savings?  Call today!

View homes in the neighborhood – check out the slide show in this blog’s sidebar.  Lakewood Balmoral is an historic district in Andersonville, part of the Edgewater Community.
View Lakewood Balmoral Historic District in a larger map

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