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BLOG-SOUTHERN OAKS ENTRANCE 031015 [02] The Southern Oaks Estates residential development is around 16 years old. Southern Oaks Estates is located in the southwestern part of Mobile County and within the Grand Bay jurisdiction. Southern Oaks is located along the southern side of Dawes Road near Wear Road.

The majority of homes were first built between 1999 and 2004. Additional home building mostly occurred between 2006 and 2010 in the rear part of this subdivision according to online records. There are approximately 215 lots within this residential development and the built-up is estimated to be over 90% with very few undeveloped lots.

Most Southern Oaks Estates homes have 3 bedrooms with 2 full bathrooms. There are only a few 4 bedrooms as reported in online records. Gross living area will mostly range from 1,400 square feet to 1,900 square feet.

Southern Oaks Estates has 13 closed arms-length home sale transactions in the past 12 months according to the Mobile Area Association of Realtors multiple listing service (MLS). The average price within Southern Oaks Estates is $143,992 and the average price per square foot is $86.95.

The lowest arms-length home sale was $130,000 and the highest home sale was $159,500 in the past 12 months. The median home price for Southern Oaks Estates is $144,900 with average days on market (DOM) of 66 based on these reported thirteen home sales.

If a Southern Oaks Estates home is reasonably priced based on the sold market data from the past 12 months, a home should sell for around 96% to 98% of asking price within 90 days.

Southern Oaks Estates currently has 4 active listings with asking prices ranging from $134,999 to $162,500 with gross living areas ranging from 1,536 square feet to 1,682 square feet according to the Mobile Area Association of Realtors multiple listing service (MLS). All four homes have 3 bedrooms and 2 bathrooms. Three of the four homes have a double garage and a fireplace amenity.

Street names within Southern Oaks Estates are Elgin Drive South, Elgin Drive West, Dawes Road, Deakle Court, Dees Court, Leann Drive, Patrick Avenue, Southern Lane, Southern Oaks Court, Southern Oaks Trail, Steward Court and Union Court.BLOG-SOUTHERN OAKS HOMES-STREET 031015 [02]This information provided by Albert Marshall Cheney, Certified Residential Real Property Appraiser, with over 35 years’ experience in the Mobile Bay Metro Area of Alabama, Baldwin County and Mobile County which encompass Mobile Bay. You can know and read more information about me by going to the website: http://www.CheneyAppraisalServices.com, http://AlabamaRealEstateAppraisals.com/ or contact me at (251) 533-2424 about my services as well as within the City of Mobile non-financial (personal use, i.e. property tax issues, thinking about selling) “full report with visual inspection” home appraisals only $275.

The general information provided about Southern Oaks Estates was compiled by using the Mobile Area Association of Realtors multiple listing service (MLS). No portion of this information should be construed as an appraisal report for any particular residential property located within Southern Oaks Estates.

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