The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There were two sales, one at $91 per square foot and one at $88 per square foot. 7516 CRAIGMONT CIRCLE ($88 per square foot) is a much larger home and may not be the best comparison. The three active listings are listed at $84 per square foot, $84 per square foot and $90 per square foot. They have been on market since 03/15/12, 12/19/11 and 01/29/12.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523329
Just based on the one sale, $88 per square foot would seem a reasonable list amount. That there are two listings at $84 per square foot that haven't sold does give some pause.
The old listing shows your house as having 1,470 square feet of heated area.
Using the greater 1,470 square feet; at $88 per square foot the house would be $129,0000. At $84 it would be $124,000.
The link below is to active listings in South Huntsville in the $125,000 to $130,000 range. These homes have been on market since 02/15/12, 02/24/12, 01/26/12, 06/21/11, 04/09/10, 11/13/11, 02/17/12, 01/18/12, 10/29/11 and 03/01/11.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523362
Depending on how well the house shows and how quickly you want to sell, listing in the $125,000 to $130,000 range seems reasonable.
Our next step will be to meet to get to know each other and for me to have a chance to see the house. I also like to take lots of photos for both the MLS, our site, the virtual tour, Craig's List and You Tube slide shows.
There are several forms we will need to fill out to get started. Once we are on the market we will monitor showing activity. We should average 1 - 2 showings per week.
On the five properties you asked about;
Google couldn't map 2201 PALISADES COURT but if the MLS correctly mapped the house is is just north of the house icon at the map below. The house is shielded from Memorial Parkway by what I think is Wal-Mart so there should be very little traffic noise.
Homes for sale in Huntsville Alabama
While parts of the neighborhood may be in a flood zone the subject property doesn't appear to be.
Homes for sale in Huntsville
The link below is to a summary of MLS activity in the neighborhood since 03/01/11. The subject is listed at $112 per square foot. The highest sale was at $108 per square foot. If we get as far as making an offer on the house the builder may have some negation room.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523418
5622 WOODRIDGE STREET has been on the market since 11/03/11, It was first listed at $274,900 and then was reduced to $269,900 and then to the current $267,900 on 03/01/12. The link below is to the listing where the current owner bought the house 12/30/2010 for $264,900.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523444
Even though at the current list price, seller will be taking a substantial loss on the property, recent MLS activity in the neighborhood does not support the asking price.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523461
The link below is to the Google street view and satellite image of the house.
http://maps.google.com/maps?q=5622+WOODRIDGE+STREET,+huntsville,+al&hl=en&ll=34.685426,-86.571036&spn=0.0007,0.001318&t=h&hnear=5622+Woodridge+St+SW,+Huntsville,+Alabama+35802&z=20
The house is not in a flood zone or on a hillside where foundation problems and elevated radon levels are common.
Homes for sale in Huntsville
7603 CADILLAC DRIVE has been listed at $279,900 / $109 per square foot since 01/24/12. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. With the exception of one anomaly at 7702 SE MARTHA DRIVE where the seller and buyer were both represented by the same realtor, the comparable sales don't appear to support the list price.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523475
The house is near but not in the Aldridge Creek flood zone.
Huntsville homes for sale
The link below is to the Google images of the home.
http://maps.google.com/maps?q=7603+CADILLAC+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&hnear=7603+Cadillac+Dr+SE,+Huntsville,+Alabama+35802&t=h&z=16
7710 MARTHA DRIVE was listed at $285,000 on 01/16/12, reduced to $279,500 on 02/06/12, then increased to the present $285,000 / $102 per square foot on 01/16/12.
Again except for the 7702 SE MARTHA DRIVE anomaly the recent sales of Huntsville Alabama homes for sale don't seem to support the list price.
The link below is to the Google images.
http://maps.google.com/maps?q=7710+MARTHA+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&gbv=2&hnear=7710+Martha+Dr+SE,+Huntsville,+Alabama+35802&t=h&z=16
The terrain / flood map is below.
Huntsville Al homes for sale
I have a couple of concerns on 2207 LYTLE STREET SE. It is pretty dated and is on a very steep lot. I have seen several older homes in the area that have had foundation problems because of the steep lots. If we do get as far as viewing the house we will need to look carefully for signs of foundation problems. If we go as far as making an offer we need to have a structural inspection in addition to the standard home inspection and radon testing.
At an eventual resale buyers that are older or that have young children will be turned off by the steep lot.
The house has been on the market since 04/05/11 with six price reductions. It is currently listed at $67 per square foot. The link below is to a summary of MLS activity in the neighborhood since 03/01/11.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115523564
[youtube http://www.youtube.com/watch?v=2uCP62qgwG4&w=420&h=315]
Since the house has been on the market for so long at what seems to be an aggressive price I'm concerned that there may be problems with the house that are turning off buyers.
Huntsville Houses We can assist you in finding area houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register.
Homes for sale in Huntsville AL; Huntsville AL MLS news.
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