Price Per Square Foot

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BLOG-CharlestonOaksEntranceSign02242010 [01]Charleston Oaks subdivision is located in West Mobile, along the east side of Sollie Road (city limits boundary) and just south of Cottage Hill Road.

The Charleston Oaks neighborhood is a popular city residential area with most home sizes ranging from 4,100+ square feet to 7,600+ square feet.

There have been around five home sales since the beginning of 2007 according to online multiple listing records. The sale prices ranged from $420,000 to $1,300,000.BLOG-CharlestonOaksHomeListing02242010 [03]

Currently, as of this writing, the multiple listing service indicates five active listings: $449,900; $489,569; $546,000; $679,000; $799,999.

If you are interested in more detailed information about Charleston Oaks or any other neighborhood in the Mobile Bay Metro Area, call Al Cheney at (251) 533-2424. Click here, http://www.CheneyAppraisalServices.com, for other information.

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The third quarter, 1st July 2009 to 30th September 2009, indicates at least 984 sales within Mobile County, Alabama according to online REALTOR information records. The 984 sales include condominiums & townhouses, manufactured homes, new construction homes and single family older homes.

The approximate 27 condominiums & townhouses had an average sale price of $162,727. The approximate 18 manufactured homes had an average sale price of $40,503. The approximate 131 new construction homes had an average sale price of $182,797. The approximate 808 single family older homes had an average sale price of $137,420.

The average days on market (dom) for the third quarter was around 81 days and the average sale price per square foot was $77.33+-.

The third quarter indicates more new construction in west Mobile, south of the Mobile Regional Airport, and in Semmes, Alabama when compared to other areas of Mobile County. Most of the single family residential or home sales occurred in the areas north and south of Cottage Hill Road, west Mobile, Semmes and in the Midtown area near downtown historic Mobile, Alabama.

The average sold terms for the third quarter was CASH (24.9%), CONVENTIONAL (24.83%), FHA (41.07%), VA (6.17%) and OTHER-ASSUMPTION, AUCTION, VENDOR LIENS (3.03%).

 

Contact Al Cheney, Certified Residential Real Property Appraiser and FHA Appraiser, for appraisals and more information about Baldwin County and Mobile County, Alabama.

Al Cheney is ready to assist you with your real estate questions in the Mobile Bay Metro Area so call (251) 533-2424.

Please visit these other web sites, http://www.CheneyAppraisalServices.com and http://www.RealtyLeaders.biz, for even more information updated periodically. Also, remember to save this blog web site, http://www.MobileAlabamaFHARealEstateAppraisers.com as a favorite and come back often.

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“Charleston Ridge” subdivision is one of the newest Saraland subdivisions located along the eastern side of Celeste Road and about 3.2 miles north of U. S. Interstate Highway 65.  This subdivision is located 15+- minutes from downtown historic Mobile, Alabama.

The square foot minimum is 2,800 and a double garage is required per restrictions.

“Charleston Ridge” has 47 lots and, to date, around 28% of the lots have been sold.  The average asking price per square foot is $101.78 based on only four active listings shown within the Mobile Area Association of REALTORS’ multiple listing service (MLS).  The asking prices are between $289,000 and $310,000 with homes ranging from 2,834 to 3,027 square feet.  These homes have 3 or 4 bedrooms and 2 1/2 or 3 bathrooms according to the available online records.

For more information, go to http://www.kevinloper.com/areas/index.cfm?City=SARALAND&State=AL&StateFull=ALABAMA.

For FHA Appraisers, go to http://www.mobilealabamafharealestateappraisers.com/.

This information has been provided by Al Cheney, FHA/HUD Appraiser located within the Mobile Bay Metro Area of Alabama, Baldwin and Mobile Counties.  Al Cheney has over 30 years real estate experience!  Al Cheney can be reached by clicking on the above web link or call (251) 533-2424.

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GATEWOOD ESTATES is one of the newest smaller subdivisions located within the Dawes Lake area, east side of Dawes Road, just north of Dawes Lake Road.  The average price per square foot is $122.49.  The average asking price is now $313,711.  There are currently around 9 active listings on the market.

Gatewood Estates

Gatewood Estates

Sold Properties
 
Total # of Listings
 12
 
Lowest Price Listing
 $284,900
 
Highest Price Listing
 $373,000
 
Average Price
 $324,600
 
Avg. Price/SqFt
 $122.49
 
Avg. Days on Market
 182
 

Active Properties
 
Total # of Listings
 9
 
Lowest Price Listing
 $249,900
 
Highest Price Listing
 $389,900
 
Average Price
 $313,711
 
Avg. Price/SqFt
 $119.64
 
Avg. Days on Market
 121

GATEWOOD ESTATES SUBDIVISION plat map link:  http://urban.cityofmobile.org/urban_pc/reports/16gatewoodsub200500167.pdfThe plat will illustrate the 37 lot, 19.5 acre + subdivision which is located on the west side of Dawes Lake Road East, 270 feet + south of Vintage Woods Drive.  The subdivision is served by public water and sanitary sewer.  The purpose of this application is to create a 37-lot subdivision from one parcel.  The proposed lots will generally be 15,000 square feet in size.

For additional information on Gatewood Estates located within western Mobile, go to http://www.jcraighomes.com/index.html.

This information was obtained from the Mobile Area Association of REALTORS online multiple listing service (MLS) as of 01 AUG 2009.  Albert Marshall Cheney is an active member and broker.  Albert Cheney is a Certified Residential Real Property Appraiser and FHA/HUD Approved Appraiser within the State of Alabama.

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http://www.mobilealabamafharealestateappraisers.com/ – Mobile Alabama FHA Online Appraiser Reports On “Taylor Pointe” Subdivision Located In Western Mobile County, Alabama

taylor pointe

 

 

 

 

 

Certified Online FHA Appraiser, Albert M. Cheney, reporting on Taylor Pointe Subdivision located within western Mobile County, outside the city limits, along Jeff Hamilton Road, near Cottage Hill Road.

Taylor Pointe Subdivision has 47 lots per record with a few common areas.

Mobile Alabama FHA AppraisersThe builder/developer is J. Craig Homes and if wanting more information, go to http://www.jcraighomes.com/homes.html and ask your questions.

The majority of the homes will range from 2,200 square feet (subdivision minimum) to 3,000 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 five bedrooms according to the online records.

Within the past year, the Average List Price is around $325,231 and the Average Sale Price is $486,967 at this time. Average Price Per Square Foot is $117.95.

The Average Number of Days On Market (DOM) is 322 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 unknown at this time. The appraiser could not find any closed sales due to a very new residential development.

The REALTOR online records indicates the Lowest Price Listing is $249,900 and the Highest Price Listing is $397,900.

The above information was obtained from the Mobile Area Association of REALTORS, Al Cheney, FHA Online Appraiser, (251) 533-2424, is a member of this REALTORS’ organization.

 

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