Single Family Residence in Lakewood Sold for $1.125 Million
A single-family residence located at 15425 W Baltic Ave, Lakewood 80228, was sold on February 2, 2024, for a price of $1,125,000. The property spans across 2,605 square feet, making it one of the larger residential spaces sold in the area recently.
In comparison to 177 similar property sales in Lakewood over a certain recent period, the house fetched a higher price. The average price of similar properties sold in the area was $719,202, while the average size of sold properties amounted to 1,767 square feet, making for an average price of $407 per square foot.
Furthermore, the just-sold property was also priced higher than comparable sales in the 80228 zip code. The average price for a similar property in the 80228 area was $775,215. The size of the buildings on these sold properties averaged at 2,006 square feet, which translates to an average cost of $386 per square foot.
To conclude, the property at 15425 W Baltic Ave, sold for $1,125,000, surpasses the average pricing stats for both the Lakewood area and the 80228 zip code. It stands testament to the demand for properties in the region and the willingness of buyers to pay a premium for properties of larger size.
