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.

5345 N Magnolia

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.

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