133 Lake Avenue has finally found a buyer. It once sold for $699,500, in 2003 and then resold during the height of the feeding frenzy for $1.050 in 2005, but those days are gone. Asking price for this now is $749,000. My guess is that when the sale is completed that price will have returned to the 2003 price, or lower. It started at $1.250 in 2007 and although it’s been on and off the market for parts of each succeeding year, it was actively listed for 1,655 days as its price dropped. Moral is, don’t overpay for lower Lake Avenue, unless you plan on staying awhile.
81 Lockwood Road in Riverside is under contract (a stronger status than “accepted offer”), asking $1.195 million. Good house that needs work, but at this price, there’s room for that.