http://www.mobilealabamafharealestateappraisers.com/ – Baldwin County FHA Appraisers Report On Stone Creek Subdivision
Certified Online FHA Appraiser, Albert M. Cheney, reporting on Stone Creek Subdivision located along the east side of Alabama State Highway 181, approximately 2 miles south of Fairhope Avenue, and about 4 miles East Southeast from the town center of historical Fairhope, Alabama.
Stone Creek, Phase 1, Subdivision was developed on around 330 acres, formerly a hunting preserve. This first phase has 78 lots per record with about 18 common area & green belt parcels.
The developer’s concept is a village community with a lodge, rock water features, stocked lakes, swimming pool, tennis courts, village shopping center, walking trails and a wetland preserve.
The majority of the homes will range from 2,400 square feet to 4,500 square feet with primarily four bedrooms and three to four bathrooms. There are only a couple of homes having three bedrooms and one home having six bedrooms according to the online records.
Within the past year, the Average List Price is around $498,086 and the Average Sale Price is $486,967 at this time.
The Average Number of Days On Market (DOM) is 350 days at this time; although, the current varying economic and lending conditions could affect the length of days on market (DOM).
The Listing Price To Sales Price Ratio is approximately 98.02%.
The REALTOR online records indicates the Lowest Price Listing is $369,900 and the Highest Price Listing is $795,000.
