Research of candidate Investment property; Homes for sale in Huntsville
102 DUNHILL DR went under contract 02/09/12. At first look it does seem to be well priced. You can follow the listing history in the table below. It was originally listed at $170,000.
On closer look the house probably was just a fair buy comparing it to other homes for sale in Huntsville. The link below is to a summary of MLS activity in the neighborhood since 01/01/11. There have been no sales but the two active listings that haven't sold aren't priced much higher.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115364184
The location is OK but I would much rather stay in Madison City schools.
214 MERGANSER is allow under contract. It went to contingent status on 02/08/12.
I've shown 112 MILL CREEK CROSSING. It is in a decent neighborhood and appears to be well maintained, It has had several price reductions but has been on market since 06/25/10. It was a contender with my clients for a while but the high porch and steps concerned them. I cant recall the details but there was something odd about the floor plan or the house.
115 TURNBROOK shows sold at $99,000 on 12/31/02 in the MLS. Where did you find this one?
118 BELL TOWER is bank owned and tenant occupied. It's listed at $59 per square foot and has been on market since just 02/01/12. Investor offers wont be considered on this unit until 15 days after being listed. It sold in 2008 for $194,385. Please note that the homeowner's association fee is $100 per month and it is served by Huntsville City Schools.
There have been just three sales in the development since 01/01/11. They sold at an average $89 per square foot. The subject is listed at $59 per square foot.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115364191
While the unit is aggressively priced, the Homeowner's Association fee of $100 per month and the less desirable schools are cause for concern. Also we have had problems with rentals in townhomes from the HOA and neighbors who look unfavorably on rental homes in "their" neighborhood.
I sold 102 COTTON BEND a few years ago and recently showed it. It's a cute house but being a corner lot at the entrance to the subdivision it has very little yard space and privacy. The bedrooms are tiny.
FOYER
VY
MASTER BR
15x12
1
CF, CP, IS, VC, WC
Bedrms:
3
LIVING
18x14
1
CP, FP, VC, WC
BEDROOM2
10x11
1
CF, CP
Rooms:
8
DINING
11x11
1
CP, WC
BEDROOM3
10x11
1
CP
TotBaths:
2
KITCHEN
10x12
1
VY, WC
FullBaths:
2
I showed 209 BRUSH CREEK a few weeks ago. It is in decent shape but has an OLD HVAC unit that will need to be replaced soon. There is a LOT of cosmetic work. The house is in the Huntsville City school system.
2023 STANFORD DR is a cute house in the medical district just off of Governors Drive. It's about three houses off of governors so there will be traffic noise. The schools that serve the area are however good. It went on market 05/28/11 and has had several price reductions. The link below is to a summary of MLS activity in the neighborhood since 02/01/11. The subject is listed at $80 per square foot. The average sold price was $109 per square foot with a range of $94 to $121 per square foot. Note that the sales were in a section of the development a little further to the north that commands higher prices.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115364200
I like 114 GAYLOR. At $62 per square foot the short sale listing is well priced. It looks like there is open space behind the house. This is desirable and hard to find.
The two recent sales in the neighborhood were at $89 and $93 per square foot.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115364208
128 VICTORIA HILLS is in a great location with some privacy. My concerns on this one would be the house is frame and not listed as vinyl. If it has wood or masonite siding it will require maintenance. My other concern is that the rooms are all very small.
Room
Dim.
Lvl
Desc
Room
Dim.
Lvl
Desc
__# of__
MASTER BR
13x12
1
WF
Bedrms:
4
LIVING
14x12
1
WF
BEDROOM2
11x11
2
CF, CP
Rooms:
8
BEDROOM3
11x10
2
CF, CP
TotBaths:
3
KITCHEN
11x10
1
WF
BEDROOM4
11x11
2
CF, CP
FullBaths:
2
3/4Baths:
0
OTHER
11x10
Homes for sale in Huntsville AL; Huntsville AL MLS news.
Thursday, March 1, 2012
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