Homes for sale in Huntsville AL; Huntsville AL MLS news.

Wednesday, September 14, 2011

ValleyMLS; Greenlawn Plantation

Valley MLS search; Homes in Greenlawn Plantation

The house is located in Greenlawn Plantation just north of the Huntsville city limits. The neighborhood has a pool and tennis. The house is 10 - 15 years old and has been on market since 3/13/11. It is listed at $107 per square foot and there has been one price reduction. The house is still occupied.The link below is to a summary of MLS activity in the neighborhood since 04/01/10. It includes younger and older homes. While there was one sale at $107 psf. , that house at 207 WHITE PICKET TRAIL is a younger house at 6 - 10 years old. My initial impression is that the subject house is substantially overpriced for it's age and location.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114087375Without checking courthouse records to confirm, it looks like the current owner bought the house for $240,000 on 07/31/00. Assuming normal transaction costs seller's breakeven point on a sale will be in the $252,000 / $96 psf range.
The link below is to photos of downtown Huntsville
http://www.youtube.com/watch?v=c5Vo_WsdBW4The link below is to properties in valleymls in the same price range that might be candidates for you.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114087392

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