Huntsville MLS, Huntsville real estate research.
July 31st, 2012 7:58 PM
127 GENESIS DRIVE has been on the market since 06/23/11 and has had five price reductions to the present $209,900 / $90 per square foot.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586461 The link below is to the listing where the current owner bought the house new in 2007 for $206,000 / $89 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586463 Sellers break even point on a sale will be in the $223,000 range so at the list price he is taking a $17,0000 loss on the house. The link below is to a summary of MLS activity in the Genesis neighborhood since 03/01/11. There are five active listings including one new construction home. There is one pending sale that was listed at $88 per square foot and one sale at $92 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586464 At the current $89 per square foot the house does seem to be priced within the market but since the house is empty seller may have the ability to negotiate lower. The house is less than a mile from the very good elementary and middle schools and about 4 miles from the high school. http://www.schooldigger.com/go/AL/schools/0222001513/school.aspx http://www.schooldigger.com/go/AL/schools/0222002082/school.aspx http://www.schooldigger.com/go/AL/schools/0222001683/school.aspx The house is not in a flood zone. The link below is to Google's satellite image. It looks like half of the back yard backs up to a field. http://maps.google.com/maps?q=127+GENESIS+DRIVE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.788482,-86.501351&spn=0.000699,0.001318&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=127+Genesis+Dr,+Huntsville,+Alabama+35811&z=20 My overall impression of this house is good. The area, schools and neighborhood are good. The house seems priced within the market and I look for the area to continue to grow. There is basis shopping nearby with more planned. 202 CLOUD LEAP TRAIL is a bank owned house that has been on the market since 03/26/12 at $176,900 / $65 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586469 The house last sold in 2004 at $231,500. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586470 The link below is to a summary of Huntsville real estate MLS activity in the neighborhood since 03/01/11. There were two sales, one at $87 per square foot and one at $85 per square foot. There is a pending sale that was listed at $90 per square foot and a contingent sale that was listed at $86 per square foot. If the house is in decent condition, it's a great buy at the list price. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586473 The house is not in a flood zone. The link below is to the satellite image. The house does back up to Douglas Road. A very busy road. There will probably be traffic noise outside the house. http://maps.google.com/maps?q=202+CLOUD+LEAP+TRAIL,+HUNTSVILLE,+AL+35806&hl=en&ll=34.801274,-86.682386&spn=0.001399,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=202+Cloud+Leap+Trail,+Huntsville,+Madison,+Alabama+35806&z=19 School information. http://www.schooldigger.com/go/AL/schools/0222000842/school.aspx http://www.schooldigger.com/go/AL/schools/0222000560/school.aspx http://www.schooldigger.com/go/AL/schools/0222000848/school.aspx At 21 to 25 years old 101 OCTAVIA DRIVE is much older than the other homes. It has been on the market since 01/12/12 at $161,900 / $78 per square foot. with no price reductions. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586476 The link below is to where the current owner bought the house in in 1996 for $161,900. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586474 There haven't been any sales in the neighborhood since 03/01/11. The house is not in a flood zone. The link below is to the satellite image. http://maps.google.com/maps?q=101+OCTAVIA+DRIVE,+MERIDIANVILLE,+AL+35759&hl=en&ll=34.835664,-86.568249&spn=0.000349,0.000659&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=101+Octavia+Dr,+Meridianville,+Alabama+35759&z=21 School information. http://www.schooldigger.com/go/AL/schools/0222001731/school.aspx http://www.schooldigger.com/go/AL/schools/0222001411/school.aspx http://www.schooldigger.com/go/AL/schools/0222000836/school.aspx The only entrance to the neighborhood is onto Memorial Parkway / 431 and it can be hard and a little dangerous getting out of the neighborhood, especially in peak traffic. There is also a lot of traffic and traffic lights going into and out of Huntsville on the Parkway. There is one overpass under construction that will help with traffic some. 13005 CHIMNEY SPRINGS CIRCLE is showing as an expired listing but the owner may still be wiling to sell. It was on market at $221,000 / $95 per square foot from 07/28/10 to 07/29/11 when the listing expired. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586484 The link below is to a summary of MLS activity in the neighborhood since 03/01/11. The average sold price was just $63 per square foot with a highest sale at $87 per square foot. At $95 per square foot the subject house is nowhere near market value. No wonder it was on the market for a year without selling. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115586490 I was surprised at the very low sales numbers. It looks tike the neighborhood may be on the decline. The house is not in a flood zone but I am concerned over waht looks like a steep lot. Steep lots give you less useable yard, are hard to mow and sometimes cause foundation problems. We also have to be very careful in this are of elevated radon levels. My recommendation is to pass on this house.
Valley MLS, Huntsville MLS
Tuesday, July 31, 2012
Monday, July 30, 2012
Huntsville MLS, Huntsville AL MLS
On market value the best we can do to estimate market value on comps.
July 30th, 2012 3:35 PM
On market value the best we can do to estimate market value is to see what comparable recent sales have been. The subject is listed at $100 per square foot. It does not have a view of nor does is border the golf course. The link below is to a summary of the four comparable homes that I could find in the MLS. The average sold price was $91 psf with a range of $84 psf (Short sale) and $95 psf. At the average sold price the subject property market value would be somewhere in the $191,000 range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149730 On the unfinished bonus room think is wired but no HVAC yet. We will need to confirm this. I found several active Huntsville MLS listings in Piney Creek. None indicate a bank owned or pre-foreclosure. I tried looking back to 01/01/11 and the one sale in the addition was not a bank owned property. It could be that there are distressed homes that are in the foreclosure process but are not yet listed as such. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149732 Checking the classified pages in the Athens News Courier I found two advertised foreclosure sales at the links below but neither are in the correct subdivision. http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A037VkoMF02F97 http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A0C3LTktF0710F Again it may be that a property is either in progress or has been foreclosed but is not yet being marketed as such. This house is located in the canebrake golf community in Athens. It is on a corner lot but does not have a view of the course. It is a short sale meaning the seller is asking the lender to be able to sell the house for less than is owed on the mortgage. Short sales are like a blind auction with no sent end date. We submit offers to the lender and may wait weeks or months before getting a response. In the meanwhile additional offers will be accepted. There is already at least one offer waiting lender review. The house has been on the market since 02/01/12. I don't have additional photos but the house is easy to show. Would you like me to have one of our agents schedule a showing for you? The house is occupied by the seller. The link below is to all 28 active listings in Canebrake. I set up an automated search for you. If there is a new listing or change to an existing listing in Canebrake, you will receive an email with the listing. If you prefer not to receive the updates, just un-subscribe at the link at the bottom of the notices. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116146773 If you would consider homes in other areas, just let me know what you are looking for and we can set up additional searches for you.
Huntsville AL MLS Acess the Huntsville MLS / Valley MLS to search for every available property without having to register. Request an automated search to recive notification of new listings.
July 30th, 2012 3:35 PM
On market value the best we can do to estimate market value is to see what comparable recent sales have been. The subject is listed at $100 per square foot. It does not have a view of nor does is border the golf course. The link below is to a summary of the four comparable homes that I could find in the MLS. The average sold price was $91 psf with a range of $84 psf (Short sale) and $95 psf. At the average sold price the subject property market value would be somewhere in the $191,000 range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149730 On the unfinished bonus room think is wired but no HVAC yet. We will need to confirm this. I found several active Huntsville MLS listings in Piney Creek. None indicate a bank owned or pre-foreclosure. I tried looking back to 01/01/11 and the one sale in the addition was not a bank owned property. It could be that there are distressed homes that are in the foreclosure process but are not yet listed as such. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149732 Checking the classified pages in the Athens News Courier I found two advertised foreclosure sales at the links below but neither are in the correct subdivision. http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A037VkoMF02F97 http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A0C3LTktF0710F Again it may be that a property is either in progress or has been foreclosed but is not yet being marketed as such. This house is located in the canebrake golf community in Athens. It is on a corner lot but does not have a view of the course. It is a short sale meaning the seller is asking the lender to be able to sell the house for less than is owed on the mortgage. Short sales are like a blind auction with no sent end date. We submit offers to the lender and may wait weeks or months before getting a response. In the meanwhile additional offers will be accepted. There is already at least one offer waiting lender review. The house has been on the market since 02/01/12. I don't have additional photos but the house is easy to show. Would you like me to have one of our agents schedule a showing for you? The house is occupied by the seller. The link below is to all 28 active listings in Canebrake. I set up an automated search for you. If there is a new listing or change to an existing listing in Canebrake, you will receive an email with the listing. If you prefer not to receive the updates, just un-subscribe at the link at the bottom of the notices. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116146773 If you would consider homes in other areas, just let me know what you are looking for and we can set up additional searches for you.
Huntsville AL MLS Acess the Huntsville MLS / Valley MLS to search for every available property without having to register. Request an automated search to recive notification of new listings.
Homes for rent in Huntsville
Just Listed! 2894 Gurley Pike Gurley, AL 35748
July 30th, 2012 2:35 PM
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$2,200.002894 Gurley PikeGurley, AL 35748
Beds: 3
Rooms: 9
Full Baths: 2
Sq. Ft.: 2850
Garage: 0
Built: 0
2894 Gurley Pike Upscale, custom home 15 min. to downtown. 20 min to Redstone Arsenal and Research Park. Large lot, covered porches for entertaining. Great Madison County schools. Two fireplaces. Wonderfull owner's suite.
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606www.Huntsville-Homes.com
Visit this listing here
Upscale, custom home 15 min. to downtown. 20 min to Redstone Arsenal and Research Park. Large lot, covered porches for entertaining. Great Madison County schools. Two fireplaces. Wonderfull owner's suite. >>Please call Christina below for information and showings.<All of our available houses are posted.
Properties are shown by appointment only. Weekend schedules, especially holiday weekends fill well in advance.
Maps and driving directions are available on links at the top of our website’s rental houses listings.
The application fee is $20 per adult and is non-refundable. The application can be printed from the PDF file at the link on the top of our Rental houses page. Instructions on submitting the rental application are provided on the application.
The security deposit is equal to one month's rent. Security deposits and the first month’s rent must be paid in certified funds.
On properties that allow pets they are accepted on a case-by case basis. Smaller and older pets are preferred. Pit Bulls, Rottweilers and Mastiffs are rarely accepted. The non-refundable pet fee is normally $200 for the first pet, $250 for the second pet and $300 for the third pet. In the case of larger and / or younger pets the fee may be increased.
We may have pending rental applications or leases on posted properties and will continue to market houses until we have a signed lease and security deposit. We can hold an available property for a maximum of two weeks with a signed lease and security deposit.
All of our homes are non-smoking. Smokers must only smoke out of the house only. Costs to remove smoke odor and staining can be substantial.
AT ANY GIVEN TIME WE HAVE ABOUT TWO DOZEN AVAILABLE PROPERTIES WITH MORE BEING ADDED EACH WEEK.
Considering a home purchase? With low interest rates and home values this may the best time to buy. Please follow the link to see all available Huntsville homes for sale.
(http://www.huntsville-homes.com/LookingtoBuyFreeHelp)
CRAIG’S LIST AND OFF SITE VIEWERS.
Our houses often rent very quickly and this house may no longer be available. Please follow the link to see all of our available HUNTSVILLE HOMES FOR RENT
( http://www.huntsville-homes.com/RentalHomes )
AVOID FRAUD
We have found our properties posted on Craig’s List and other sites by someone else who is not the owner or the manager. They list the property for far less than the market value and after getting personal information from the victim ask them to mail money. Use caution.
When you contact the criminal through Craig's List they give you the property address and tell you to go look at it. They then want you to send or wire them money for a security deposit and first month's rent. They promise to send the key. If you question why it has a real estate sign on it they will tell you that it hasn't sold and they have decided to rent it. They like to deal with you strictly through email.
To avoid this scam here are some things you can do:
• Never send money to someone. Make sure you meet them personally.• If a property has a real estate sign on it contact the office/agent on the sign to see if it really for rent.• Do not rent a place that you have not entered and seen inside. Owners are not going to send you to a property without them.• Ask the person to meet you or send someone to meet you at the property with a key.• Do not trespass on someone's property. If there is a sign on the property contact the office/agent on the sign.• If you suspect the listing is a scam, report it to Craig's List. They have the following disclaimer: "Avoid scams and fraud by dealing locally! Beware any arrangement involving Western Union, Money gram, wire transfer, or a landlord/owner who is out of the country or cannot meet you in person."These scams are no longer easy to recognize online. The scammers have changed the way they post the listings to avoid being caught. They also now post and then quickly remove the post to avoid detection. Use caution to avoid losing your money and ending up without a rental.
Property Details:
Highlights:
County:
Madison
Acres:
1
Total Rooms:
9
Bedrooms:
3
Full Baths:
2
1/2 Baths:
1
Sq. Ft.:
2850 *MOL
MLS:
814376
Additional Details:
Property Type:
Rental
Living Areas:
2
Dining Areas:
2
Fence:
none
Elementary School:
Central
Jr High School:
Central
High School:
Madison County
July 30th, 2012 2:35 PM
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$2,200.002894 Gurley PikeGurley, AL 35748
Beds: 3
Rooms: 9
Full Baths: 2
Sq. Ft.: 2850
Garage: 0
Built: 0
2894 Gurley Pike Upscale, custom home 15 min. to downtown. 20 min to Redstone Arsenal and Research Park. Large lot, covered porches for entertaining. Great Madison County schools. Two fireplaces. Wonderfull owner's suite.
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606www.Huntsville-Homes.com
Visit this listing here
Upscale, custom home 15 min. to downtown. 20 min to Redstone Arsenal and Research Park. Large lot, covered porches for entertaining. Great Madison County schools. Two fireplaces. Wonderfull owner's suite. >>Please call Christina below for information and showings.<
Properties are shown by appointment only. Weekend schedules, especially holiday weekends fill well in advance.
Maps and driving directions are available on links at the top of our website’s rental houses listings.
The application fee is $20 per adult and is non-refundable. The application can be printed from the PDF file at the link on the top of our Rental houses page. Instructions on submitting the rental application are provided on the application.
The security deposit is equal to one month's rent. Security deposits and the first month’s rent must be paid in certified funds.
On properties that allow pets they are accepted on a case-by case basis. Smaller and older pets are preferred. Pit Bulls, Rottweilers and Mastiffs are rarely accepted. The non-refundable pet fee is normally $200 for the first pet, $250 for the second pet and $300 for the third pet. In the case of larger and / or younger pets the fee may be increased.
We may have pending rental applications or leases on posted properties and will continue to market houses until we have a signed lease and security deposit. We can hold an available property for a maximum of two weeks with a signed lease and security deposit.
All of our homes are non-smoking. Smokers must only smoke out of the house only. Costs to remove smoke odor and staining can be substantial.
AT ANY GIVEN TIME WE HAVE ABOUT TWO DOZEN AVAILABLE PROPERTIES WITH MORE BEING ADDED EACH WEEK.
Considering a home purchase? With low interest rates and home values this may the best time to buy. Please follow the link to see all available Huntsville homes for sale.
(http://www.huntsville-homes.com/LookingtoBuyFreeHelp)
CRAIG’S LIST AND OFF SITE VIEWERS.
Our houses often rent very quickly and this house may no longer be available. Please follow the link to see all of our available HUNTSVILLE HOMES FOR RENT
( http://www.huntsville-homes.com/RentalHomes )
AVOID FRAUD
We have found our properties posted on Craig’s List and other sites by someone else who is not the owner or the manager. They list the property for far less than the market value and after getting personal information from the victim ask them to mail money. Use caution.
When you contact the criminal through Craig's List they give you the property address and tell you to go look at it. They then want you to send or wire them money for a security deposit and first month's rent. They promise to send the key. If you question why it has a real estate sign on it they will tell you that it hasn't sold and they have decided to rent it. They like to deal with you strictly through email.
To avoid this scam here are some things you can do:
• Never send money to someone. Make sure you meet them personally.• If a property has a real estate sign on it contact the office/agent on the sign to see if it really for rent.• Do not rent a place that you have not entered and seen inside. Owners are not going to send you to a property without them.• Ask the person to meet you or send someone to meet you at the property with a key.• Do not trespass on someone's property. If there is a sign on the property contact the office/agent on the sign.• If you suspect the listing is a scam, report it to Craig's List. They have the following disclaimer: "Avoid scams and fraud by dealing locally! Beware any arrangement involving Western Union, Money gram, wire transfer, or a landlord/owner who is out of the country or cannot meet you in person."These scams are no longer easy to recognize online. The scammers have changed the way they post the listings to avoid being caught. They also now post and then quickly remove the post to avoid detection. Use caution to avoid losing your money and ending up without a rental.
Property Details:
Highlights:
County:
Madison
Acres:
1
Total Rooms:
9
Bedrooms:
3
Full Baths:
2
1/2 Baths:
1
Sq. Ft.:
2850 *MOL
MLS:
814376
Additional Details:
Property Type:
Rental
Living Areas:
2
Dining Areas:
2
Fence:
none
Elementary School:
Central
Jr High School:
Central
High School:
Madison County
Sunday, July 29, 2012
Huntsville MLS
The Huntsville MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006.
July 29th, 2012 11:46 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The Huntsville MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Valley MLS Huntsville MLS search
July 29th, 2012 11:46 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The Huntsville MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Valley MLS Huntsville MLS search
Saturday, July 28, 2012
Huntsville AL MLS
The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250.
July 28th, 2012 10:30 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
July 28th, 2012 10:30 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
Thursday, July 26, 2012
Homes for sale in Huntsville Alabama
Homes for sale in Huntsville Alabama / Market value research
July 26th, 2012 3:51 PM
The link below is to a summary of all MLS activity in your neighborhood of resale homes since 03/01/11. The average sold price was $38 per square foot with a highest sale at $57 per square foot. The three active listings are listed at $45, $79 and $48 per square foot. They have been on the market since 02/27/12, 08/31/11 and 02/11/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570836 Tax records at the link below show the house as having 1,433 sq ft. http://www.deltacomputersystems.com/cgi-apa3/APMCGI009564?HTMCNTY=AL47&HTMBASE=C&HTMPPIN=525679&HTMFLAG=&HTMLINE=001&HTMBANNER=& At the average sold price the house would be $65,000 at the highest sold price it would be $82,000. Based on the sales data the best we could hope for on a sale would be something in the low $80,000 range.
Valley MLS Huntsville MLS search
July 26th, 2012 3:51 PM
The link below is to a summary of all MLS activity in your neighborhood of resale homes since 03/01/11. The average sold price was $38 per square foot with a highest sale at $57 per square foot. The three active listings are listed at $45, $79 and $48 per square foot. They have been on the market since 02/27/12, 08/31/11 and 02/11/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570836 Tax records at the link below show the house as having 1,433 sq ft. http://www.deltacomputersystems.com/cgi-apa3/APMCGI009564?HTMCNTY=AL47&HTMBASE=C&HTMPPIN=525679&HTMFLAG=&HTMLINE=001&HTMBANNER=& At the average sold price the house would be $65,000 at the highest sold price it would be $82,000. Based on the sales data the best we could hope for on a sale would be something in the low $80,000 range.
Valley MLS Huntsville MLS search
Monday, July 23, 2012
Huntsville al homes for sise/ investment homes
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help
July 23rd, 2012 1:48 PM
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help. Even though you saw properties you liked that are our listings, it's my responsibility to provide sound counsel and not just direct you one of our listings in hopes of a double commission. We manage over 400 rentals and there are some areas we have learned to avoid. We also have enough experience to understand the local rental market to be able quickly filter trough listings to narrow the fiend to viable candidates.
I set up an initial MLS search on $100,000 and less just filtering out some of the worst areas. This dropped the number of prospective properties from near 400 to about 150. I human filtered those and arrived at the six candidates at the link below.
152 SANDY HOLLOW DRIVE is in a fast growing area of Huntsville near a new hospital. Traffic to concentrations of employers is however difficult and I am not at all keen on the school that serves the property. We do have rentals in the neighborhood that perform well but the area is not my first choice.
7614 QUAIL DRIVE is in a decent south Huntsville neighborhood but the house has a single car garage, is a foreclosure and may not be in the best condition.
138 VANCOUVER ROAD is also bank owned. Its located just north of the city. The schools are good but the commute is difficult compounded by road construction. Again, I think we can do better.
204 BRUSHCREEK DRIVE and 115 TURNBROOK DRIVE are located in an older neighborhood in one of Huntsville's fastest growing areas. Long term this is a good area. The schools are just average but showing signs of improvement. They are very near Redstone Arsenal and near Research Park where there are concentrations of employers. 204 BRUSHCREEK DRIVE is listed as possible short sale and is listed at a remarkably low $43 per square foot. This house may be worth a second look. 115 TURNBROOK DRIVE is a short sale.
103 HAPPY CIRCLE is the one standout in my mind. It is located northeast of the city in a growing area with good schools. Commutes will be 15 to 25 min, There is basic shopping in place with more planned in the area. The house is bank owned.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559717
The link below is to the Google satellite image of the house.
http://maps.Google.com/maps?q=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.778868,-86.48847&spn=0.00035,0.000659&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=103+Happy+Cir,+Huntsville,+Alabama+35811&z=21
The link below is to Google's estimate of the commute to Redstone Arsenal and Research Park
http://maps.google.com/maps?saddr=I-565+E&daddr=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&sll=34.72791,-86.567915&sspn=0.126692,0.337486&geocode=FbKVEQIdHoPV-g%3BFXuuEgIdEkvY-inpquBfZRZiiDG5Z4IZLnHt8w&oq=redstone+arsenal+&t=h&mra=dme&mrsp=0&sz=12&z=12
School information.
http://www.schooldigger.com/go/AL/schools/0222001684/school.aspx
http://www.schooldigger.com/go/AL/schools/0222000556/school.aspx
Comparables
The subject is listed at $65 per square foot. Average sold price of homes for sale in Huntsville AL is $85 per square foot with highest sale at $86 per square foot
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559731
Rental comparables. (Spring Farm Road is typo, should be $1,195) Both the comparables are larger than the subject bit I think the market would bear rents in the $995 to $1,095 range.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559737
Monthly management cost would be 10%
The investor tax rate would be about $940 per year.
We can expect insurance cost to be in the $600 to $800 range.
Homes For Sale In Huntsville Alabama – Details Search the huntsville al mls for homes for sale in huntsville al at www. Homesforsalehuntsville. Net. No registration required. Request automated real estate search. Get the market value of your property. Rental homes and property managemen...
July 23rd, 2012 1:48 PM
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help. Even though you saw properties you liked that are our listings, it's my responsibility to provide sound counsel and not just direct you one of our listings in hopes of a double commission. We manage over 400 rentals and there are some areas we have learned to avoid. We also have enough experience to understand the local rental market to be able quickly filter trough listings to narrow the fiend to viable candidates.
I set up an initial MLS search on $100,000 and less just filtering out some of the worst areas. This dropped the number of prospective properties from near 400 to about 150. I human filtered those and arrived at the six candidates at the link below.
152 SANDY HOLLOW DRIVE is in a fast growing area of Huntsville near a new hospital. Traffic to concentrations of employers is however difficult and I am not at all keen on the school that serves the property. We do have rentals in the neighborhood that perform well but the area is not my first choice.
7614 QUAIL DRIVE is in a decent south Huntsville neighborhood but the house has a single car garage, is a foreclosure and may not be in the best condition.
138 VANCOUVER ROAD is also bank owned. Its located just north of the city. The schools are good but the commute is difficult compounded by road construction. Again, I think we can do better.
204 BRUSHCREEK DRIVE and 115 TURNBROOK DRIVE are located in an older neighborhood in one of Huntsville's fastest growing areas. Long term this is a good area. The schools are just average but showing signs of improvement. They are very near Redstone Arsenal and near Research Park where there are concentrations of employers. 204 BRUSHCREEK DRIVE is listed as possible short sale and is listed at a remarkably low $43 per square foot. This house may be worth a second look. 115 TURNBROOK DRIVE is a short sale.
103 HAPPY CIRCLE is the one standout in my mind. It is located northeast of the city in a growing area with good schools. Commutes will be 15 to 25 min, There is basic shopping in place with more planned in the area. The house is bank owned.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559717
The link below is to the Google satellite image of the house.
http://maps.Google.com/maps?q=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.778868,-86.48847&spn=0.00035,0.000659&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=103+Happy+Cir,+Huntsville,+Alabama+35811&z=21
The link below is to Google's estimate of the commute to Redstone Arsenal and Research Park
http://maps.google.com/maps?saddr=I-565+E&daddr=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&sll=34.72791,-86.567915&sspn=0.126692,0.337486&geocode=FbKVEQIdHoPV-g%3BFXuuEgIdEkvY-inpquBfZRZiiDG5Z4IZLnHt8w&oq=redstone+arsenal+&t=h&mra=dme&mrsp=0&sz=12&z=12
School information.
http://www.schooldigger.com/go/AL/schools/0222001684/school.aspx
http://www.schooldigger.com/go/AL/schools/0222000556/school.aspx
Comparables
The subject is listed at $65 per square foot. Average sold price of homes for sale in Huntsville AL is $85 per square foot with highest sale at $86 per square foot
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559731
Rental comparables. (Spring Farm Road is typo, should be $1,195) Both the comparables are larger than the subject bit I think the market would bear rents in the $995 to $1,095 range.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559737
Monthly management cost would be 10%
The investor tax rate would be about $940 per year.
We can expect insurance cost to be in the $600 to $800 range.
Homes For Sale In Huntsville Alabama – Details Search the huntsville al mls for homes for sale in huntsville al at www. Homesforsalehuntsville. Net. No registration required. Request automated real estate search. Get the market value of your property. Rental homes and property managemen...
Huntsville al homes for sise/ investment homes
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help
July 23rd, 2012 1:48 PM
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help. Even though you saw properties you liked that are our listings, it's my responsibility to provide sound counsel and not just direct you one of our listings in hopes of a double commission. We manage over 400 rentals and there are some areas we have learned to avoid. We also have enough experience to understand the local rental market to be able quickly filter trough listings to narrow the fiend to viable candidates.
I set up an initial MLS search on $100,000 and less just filtering out some of the worst areas. This dropped the number of prospective properties from near 400 to about 150. I human filtered those and arrived at the six candidates at the link below.
152 SANDY HOLLOW DRIVE is in a fast growing area of Huntsville near a new hospital. Traffic to concentrations of employers is however difficult and I am not at all keen on the school that serves the property. We do have rentals in the neighborhood that perform well but the area is not my first choice.
7614 QUAIL DRIVE is in a decent south Huntsville neighborhood but the house has a single car garage, is a foreclosure and may not be in the best condition.
138 VANCOUVER ROAD is also bank owned. Its located just north of the city. The schools are good but the commute is difficult compounded by road construction. Again, I think we can do better.
204 BRUSHCREEK DRIVE and 115 TURNBROOK DRIVE are located in an older neighborhood in one of Huntsville's fastest growing areas. Long term this is a good area. The schools are just average but showing signs of improvement. They are very near Redstone Arsenal and near Research Park where there are concentrations of employers. 204 BRUSHCREEK DRIVE is listed as possible short sale and is listed at a remarkably low $43 per square foot. This house may be worth a second look. 115 TURNBROOK DRIVE is a short sale.
103 HAPPY CIRCLE is the one standout in my mind. It is located northeast of the city in a growing area with good schools. Commutes will be 15 to 25 min, There is basic shopping in place with more planned in the area. The house is bank owned.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559717
The link below is to the Google satellite image of the house.
http://maps.Google.com/maps?q=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.778868,-86.48847&spn=0.00035,0.000659&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=103+Happy+Cir,+Huntsville,+Alabama+35811&z=21
The link below is to Google's estimate of the commute to Redstone Arsenal and Research Park
http://maps.google.com/maps?saddr=I-565+E&daddr=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&sll=34.72791,-86.567915&sspn=0.126692,0.337486&geocode=FbKVEQIdHoPV-g%3BFXuuEgIdEkvY-inpquBfZRZiiDG5Z4IZLnHt8w&oq=redstone+arsenal+&t=h&mra=dme&mrsp=0&sz=12&z=12
School information.
http://www.schooldigger.com/go/AL/schools/0222001684/school.aspx
http://www.schooldigger.com/go/AL/schools/0222000556/school.aspx
Comparables
The subject is listed at $65 per square foot. Average sold price of homes for sale in Huntsville AL is $85 per square foot with highest sale at $86 per square foot
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559731
Rental comparables. (Spring Farm Road is typo, should be $1,195) Both the comparables are larger than the subject bit I think the market would bear rents in the $995 to $1,095 range.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559737
Monthly management cost would be 10%
The investor tax rate would be about $940 per year.
We can expect insurance cost to be in the $600 to $800 range.
Homes For Sale In Huntsville Alabama – Details Search the huntsville al mls for homes for sale in huntsville al at www. Homesforsalehuntsville. Net. No registration required. Request automated real estate search. Get the market value of your property. Rental homes and property managemen...
July 23rd, 2012 1:48 PM
I'm really glad you called me before purchasing. Its discouraging when we have investors call AFTER they have have made poor purchase decisions and ask for our help. Even though you saw properties you liked that are our listings, it's my responsibility to provide sound counsel and not just direct you one of our listings in hopes of a double commission. We manage over 400 rentals and there are some areas we have learned to avoid. We also have enough experience to understand the local rental market to be able quickly filter trough listings to narrow the fiend to viable candidates.
I set up an initial MLS search on $100,000 and less just filtering out some of the worst areas. This dropped the number of prospective properties from near 400 to about 150. I human filtered those and arrived at the six candidates at the link below.
152 SANDY HOLLOW DRIVE is in a fast growing area of Huntsville near a new hospital. Traffic to concentrations of employers is however difficult and I am not at all keen on the school that serves the property. We do have rentals in the neighborhood that perform well but the area is not my first choice.
7614 QUAIL DRIVE is in a decent south Huntsville neighborhood but the house has a single car garage, is a foreclosure and may not be in the best condition.
138 VANCOUVER ROAD is also bank owned. Its located just north of the city. The schools are good but the commute is difficult compounded by road construction. Again, I think we can do better.
204 BRUSHCREEK DRIVE and 115 TURNBROOK DRIVE are located in an older neighborhood in one of Huntsville's fastest growing areas. Long term this is a good area. The schools are just average but showing signs of improvement. They are very near Redstone Arsenal and near Research Park where there are concentrations of employers. 204 BRUSHCREEK DRIVE is listed as possible short sale and is listed at a remarkably low $43 per square foot. This house may be worth a second look. 115 TURNBROOK DRIVE is a short sale.
103 HAPPY CIRCLE is the one standout in my mind. It is located northeast of the city in a growing area with good schools. Commutes will be 15 to 25 min, There is basic shopping in place with more planned in the area. The house is bank owned.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559717
The link below is to the Google satellite image of the house.
http://maps.Google.com/maps?q=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.778868,-86.48847&spn=0.00035,0.000659&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=103+Happy+Cir,+Huntsville,+Alabama+35811&z=21
The link below is to Google's estimate of the commute to Redstone Arsenal and Research Park
http://maps.google.com/maps?saddr=I-565+E&daddr=103+HAPPY+CIRCLE,+HUNTSVILLE,+AL+35811&hl=en&sll=34.72791,-86.567915&sspn=0.126692,0.337486&geocode=FbKVEQIdHoPV-g%3BFXuuEgIdEkvY-inpquBfZRZiiDG5Z4IZLnHt8w&oq=redstone+arsenal+&t=h&mra=dme&mrsp=0&sz=12&z=12
School information.
http://www.schooldigger.com/go/AL/schools/0222001684/school.aspx
http://www.schooldigger.com/go/AL/schools/0222000556/school.aspx
Comparables
The subject is listed at $65 per square foot. Average sold price of homes for sale in Huntsville AL is $85 per square foot with highest sale at $86 per square foot
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559731
Rental comparables. (Spring Farm Road is typo, should be $1,195) Both the comparables are larger than the subject bit I think the market would bear rents in the $995 to $1,095 range.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115559737
Monthly management cost would be 10%
The investor tax rate would be about $940 per year.
We can expect insurance cost to be in the $600 to $800 range.
Homes For Sale In Huntsville Alabama – Details Search the huntsville al mls for homes for sale in huntsville al at www. Homesforsalehuntsville. Net. No registration required. Request automated real estate search. Get the market value of your property. Rental homes and property managemen...
Thursday, July 5, 2012
Huntsville homes for rent, madison rental homes
502 WILLARD STREET Madison, AL 35758
July 5th, 2012 6:50 PM
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$850.00502 WILLARD STREETMadison, AL 35758
Beds: 3
Rooms: 0
Full Baths: 1
Sq. Ft.: 1100
Garage: 0
Built: 0
502 WILLARD STREET Lease Purchase possible at $99,900. Great value in Madison. Close to Research Park, Redstone Arsenal, shopping. ADORABLE home in the heart of Madison!
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606
www.Huntsville-Homes.com
Visit this listing here
July 5th, 2012 6:50 PM
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$850.00502 WILLARD STREETMadison, AL 35758
Beds: 3
Rooms: 0
Full Baths: 1
Sq. Ft.: 1100
Garage: 0
Built: 0
502 WILLARD STREET Lease Purchase possible at $99,900. Great value in Madison. Close to Research Park, Redstone Arsenal, shopping. ADORABLE home in the heart of Madison!
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606
www.Huntsville-Homes.com
Visit this listing here
Huntsville rental homes
Just Listed! 105 CRYSTAL BREEZE DRIVE Harvest, AL 35749
July 5th, 2012 4:48 PM
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$1,400.00105 CRYSTAL BREEZE DRIVEHarvest, AL 35749
Beds: 3
Rooms: 0
Full Baths: 2
Sq. Ft.: 1860
Garage: 0
Built: 0
105 CRYSTAL BREEZE DRIVE Lease Purchase possible at $183,500. Planned community with swiming, clubhouse, walking trails, lake and playground! Elementary school in walking distance. Cathedral VAULTED ceilings with plant ledges. Gas logs FIREPLACE. Large privacy fenced backyard. BAMBOO flooring in great room/family room, living rm, dining rm, and foyer, new CERAMIC TILE in kitchen and brk. rm,new carpet in bedrooms, and fresh interior paint! Energy efficient GOLD rating. Clean and fresh and ready for move-in!
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606www.Huntsville-Homes.com
Visit this listing here
July 5th, 2012 4:48 PM
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$1,400.00105 CRYSTAL BREEZE DRIVEHarvest, AL 35749
Beds: 3
Rooms: 0
Full Baths: 2
Sq. Ft.: 1860
Garage: 0
Built: 0
105 CRYSTAL BREEZE DRIVE Lease Purchase possible at $183,500. Planned community with swiming, clubhouse, walking trails, lake and playground! Elementary school in walking distance. Cathedral VAULTED ceilings with plant ledges. Gas logs FIREPLACE. Large privacy fenced backyard. BAMBOO flooring in great room/family room, living rm, dining rm, and foyer, new CERAMIC TILE in kitchen and brk. rm,new carpet in bedrooms, and fresh interior paint! Energy efficient GOLD rating. Clean and fresh and ready for move-in!
This is a new listing thatI thought you might beinterested in. Visit thislisting online to see morephotos of the property,Google Earth satelliteimages, and much more.
If you have any questionsabout this property orrequire more information,please feel free to call.Philip WinburnPhilip Winburn / Rosenblum Realty Inc.2565399606www.Huntsville-Homes.com
Visit this listing here
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