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Ralph Anderson Magnolia 4-BR Price Chopped $400K


On September 1st, this Magnolia 4-BR built by architect Ralph Anderson hit the market at $1.69M. Somebody didn't think too much of that price and dropped it to $1.5M the next day. There it sat for two weeks until it came down another 14% to $1.29M, where it's been ever since. That's a 26% and $400K drop in just over two weeks. The house itself looks like a solid investment, featuring the big windows and Northwest interior you'd expect from Anderson. Looking around recent neighborhood sales, however, it looks like they just might have simply overpriced the market and needed a little correcting.
· 3426 W Blaine St [Estately]