Lakewood update and new listing!!

Just wanted to update this blog with the new listing today on the water and the sale of 60 Juniper Circle. Juniper Circle closed sale today at $128,500(with owners paying part of the buyers closing costs) . Remember this home has living area of 1600'. That is a sold price per sq ft heated area of $80.31. Prices are going up!!

Now for the house just listed on the water at Lakewood. This home is a 4 bedroom, 4+ bath home with basement built in 1992. This beautiful home sits on 1.2 acres. Amenities include a fireplace,large jet tub, 2 decks, lake frontage and of course a great view of the lake. This home is priced at just $218,500 which is a price of $50.58 per sq ft heated area. This is just what you Florida people have been asking for so first come first serve!!!!!!

Lakewood house wanted!

My client "Tina" is looking for a home in Lakewood area somewhere around $150,000.
She hopes to get at least a home with a view of the lake. If any of you Lakewood residents are reading this are are ready to sell, call Mike today at 589-7841.

Remember also my Florida clients wanting mainly lakefront properties up to $300,000.

Lakewood sales!!!

A couple of home sales closed yesterday. The 4 bedroom 3 bath home located at 785 Oak Ridge road finally closed sale yesterday. This property was on the market for over a year with 3 different companies. The purchase price was $200,000. The owner had moved and really neglected the property. We are still making repairs inside where a squirrel got in and literally ate the grids off some of the windows.

The other home that sold is a 3 bedroom 2 bath vinyl sided home located at 21 Cottonwood Lane. This home was listed with another company and sold for the list price of $144,900 with the owner paying $2400 of buyers closing costs. Unlike the Oak Ridge house this house did not have lake frontage. This home sale should provide an excellent sales comp for future lakewood listings and sales.

The brick and wood sided home picture is the Oak Ridge home and the one story vinyl is the Cottonwood Lane home.

I expect the next sale (Juniper Circle) to close before week's end.

"New homeowners association at Lakewood"

In next couple of days I will place a link (on right side of this blog) to the original Lakewood building restrictions and covenants.

I would also like to post information about the new homeowners association that has been started. Any Lakewood resident/homeowner association member reading this, please call me with this information and I will see that it is posted here on this publication.

We are getting lots of readers of this lakewood blog which in turn should contribute to the demand and sales of Lakewood homes.

pictures of Lakewood homes sold or pending!!

The top picture is the home at 698 Oak Ridge that just closed last week. This home sold for $168,000 but was worth quite a bit more. The lake frontage for this home is over 200' and the lot size is 2.3 acres. I do not believe appraisers will give alot of weight to this sale as it sold so "low" in price.

The bottom left picture is the house at 60 Juniper Circle. This is the lowest priced home at Lakewood that is currently listed. This home is set to close in 2 weeks.

This last home (bottom right) is located at 785 Oak Ridge. This home has alot of water frontage also but needed lots of repairs inside. This home is being purchased by a Florida client who intends to lease this house out for a year or so until she moves here. This home is closing in next 10 days.

new blog for Lakewood Community!!

I have decided to devote an entirely new blog to what is happening in Lakewood. Let me update the sales and pending sales on our books. As I said in the market conditions blog, the house at 698 Oakridge is now sold and closed. We also mentioned a bigger home(also on Oakridge) is now under contract and set to close in the next two weeks. Both of these homes have been on the market for over a year and listed by multiple companies. The 698 Oakridge house was only listed with Carousel a few months and the other house was listed by 3 different realtors over a period of 2 years(never listed with Carousel). With all this said, let me reemphasize the apparent (new) demand for Lakewood homes with an emphasis on "lakefront"

Also, just got a contract on a home we listed about 3 weeks ago. This home is not "lakefront" and is located on Juniper Circle. The purchaser on this home is from Dyersburg and not part of the parade out of Florida.

Yesterday, I completed and mailed another 25 letters to lakewood owners asking them to list their home with Carousel. For all you Florida residents calling me and also reading my blogs, I am doing all I can to get more properties available for you. I know I have some Florida residents coming up at the end of next week and I plan to knock on some doors before you get here.

For all the lakewood residents reading my blogs for the first time, welcome. We do really need to discuss with you marketing and selling your properties and assisting you with your relocation.

I will return in a few days with an update on Lakewood!!!!!!