Huntsville AL MLS homes for sale

The link below is to the Huntsville AL MLS listing where you purchased the proprty in 2003 for with seller paying $2,954 in your closing costs.




NALMLSReports/ListitLib/show_report.aspx?ID=7112698457





The link below is to a summary of listing and sales activity in the neighborhood since 01/01/12 of properties similar to yours.



NALMLSReports/ListitLib/show_report.aspx?ID=7112698459



The average sold price was $89 psf with a range of $81 to $99 psf. The average days on market were low at 25 days and a range of 6 to 44 days.



There are 8 active Huntsville AL MLS listings in the neighborhood averaging $90 psf with a range of $78 to $98 psf. These houses have been on the market since 07/07/2011, 05/16/2012, 08/10/2012, 09/08/2012, 01/08/2012, 03/31/2012, 04/27/2012 and 07/01/2012.









In general we reccomend listing Huntsville AL homes for sale properties somewhere between the average and highest sold price while staying in the range of active listings. Just based on that rule of thumb the value of your 1,820 sf house would be from $162,000 to $178,000. Where within that range to list depends on how well the house shows.







I reccomend waiting until March of next year to get the tenant out and freshen up the house to put it on the market. We have just passed the peak selling season and expect our real estate market to be even better next year.





Unit 3315-2



2A: Front columns at the entrance needs repair due to water damage.

Gutter at the back needs cleaning, trees are growing out of it.



Bedroom switch is covered with wall paper, it needs a cover so there is no fire hazard.



2B: Front columns at the entrance needs repair, old termite damage.



Tenant complains that when heaters are on in 2 rooms, the electrical circuit shuts

down. The electrical circuit needs repair.



Unit 3315-3



3A: The living room does not have an electrical outlet for the AC. The electrical wire is hooked

to another room.



The back door of the unit leaves a 2 inch gap at the top. It is the only door that has such

a large gap. The door does not fit the back door frame. It needs to be replaced so that rain

does not come in at the back.



Window at the back is broken, one of the glass needs to be replaced.



3B: The tenant complains that the water floods into the living room at least once a year from heavy down pour. All the water

from the surrounding area gathers at the front of the unit, and goes into the living room. There needs to

2 drains installed at the front of this unit. Landlord maybe liable for any damage to the tenant due to the

flooding.



Front columns needs repair due to water damage.



Unit 3315-4



4A: Back window, the concrete around the window needs to be fixed.

Kitchen drain needs repair.



Front columns needs repair.



4B: Front columns needs repair.



4C: Front columsn needs repair.



This buidling was treated for termite, however, the middle section of the building was not

treated. Only 4A and 4C had treatment at the back of the building, and not 4B.





Unit 3310:



A: Tenant complains that sink in the kitchen has draining problem.



Front columns needs repair.



Unit 3303:



A: Bathroom toilet cover is broken.



B: Outside window trim needs repair.



All the units has 100 AMP circuits, and the current standard is 220 AMP.



Many of the wood panels outside of the buildings may also need replacement.













Homes Of Huntsville For Sale

Using the huntsville al mls can be difficult. Let us help you search for homes of huntsville al for sale at no cost or obligation. We can also set up automated searches for homes of huntsville alabama for sale so you won't miss new listings.



NALMLSReports/ListitLib/show_report.aspx?ID=7116243599



Looking in the following High school districts / area; COLUMBIA, HSV, GRISSOM, BOBJ, SPARKMAN, HAZG, BUCK and MADC. I did add the new James Clements school in Madiosn. This filters out most declining neighborhoods.



There are some workable points but in our current market the offer probably won't gain much traction with the prospective buyer. Two critical points I see is that there is not a sales price and you are not offering to pay any of the purchasers closing costs. In any contract we must have a set price. Asking the tenant to pay for an appraisal and then setting the sales price is inviting problems.















What if you were not happy with the price that the buyer's appraiser came up with? In our current market seller can expect to pay most if not all of purchaser's closing costs. Your proposal does not offer any assistance with closing costs. If we were in the real estate market of 2005 when there was a shortage of inventory your proposal might have more appeal to a buyer.



While our local market is slowly recovering there is still an oversupply of inventory. In the $140,000 to $145,000 range there are over 70 active, competing listings in the greater Huntsville area. When I filtered those listings for full brick homes that are similar in age and size there were 42 listings. Some of the competing homes are new construction and most were either in the city or much closer to town than your houses.











The link below is to those Huntsville AL homes for sale listings.



NALMLSReports/ListitLib/show_report.aspx?ID=7113260437



The link below is to a summary of recent Huntsville AL MLS activity of properties that have sold or were withdrawn or expired without selling. I included only full brick homes that are similar in age, size and location.



NALMLSReports/ListitLib/show_report.aspx?ID=7113260449