Monday, August 25, 2014

Rare East Lakeview single family home sales: Prices higher than 1995!

We have always enjoyed working with clients in the East Lakeview  neighborhood (or also known as Lake View East).  There are a handful of single family homes spattered about East Lakeview among the many residential condos and apartments.  This attractive cottage style free standing home at 653 W Wellington (pictured below) caught our eye over the weekend. It sold in 1995 for $400,000.

Home sweet home in bustling East Lakeview at 653 W Wellington.  What a charmer!
East Lakeview single family home sales 2014 (January 1st - August 22nd)

Only three (3) single family homes have closed in East Lakeview this year (including row houses). 
  • 637 W Surf, a renovated row house, closed in February for $1,160,000. 
  • 638 W Oakdale, a free standing 1887 built grey stone, closed in June for $1,400,000. 
  • 629 W Melrose, the largest home situated on a 35' wide and 157' long lot, closed for over list price at $1,551,000 this month.
There were no MLS recorded single family home sales over the same period in 2013 and only two closed homes recorded same period 2012.

Under Contract and active homes for sale

Three (3) homes are under contract listed from $975,000 to a whopping $4,000,000 in the East Lakeview boundaries.  The later is a new build development located on a very nice residential block of 2900 N Burling.

Five single family homes (including row houses) are currently offered for sale.  There are some interesting offerings in East Lakeview from $875,000 (a super cool renovated row house at 507 W Oakdale that I really love) to a luxury renovated brownstone at 419 W Oakdale asking $2,995,000.

No comments: