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Posts Tagged ‘Mobile Regional Airport’

Charlanda Estates is a Mobile residential subdivision located along the West side of Cody Road between Cottage Hill and Grelot Roads. Charlanda Estates is conveniently located to grocery and retailer stores located along Airport Boulevard as well as easily accessible to the Mobile Regional Airport and Providence Hospital in several minutes.

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The majority of these homes were built 6 to 15 years ago with most property values ranging from $240,000-$330,000 according to online records. These homes are mostly 4 and 5 bedroom homes with 3 or 4 full bathrooms with a square footage ranging from 2,700 to 3,700. Charlanda Estates has an overall stable marketplace with very few turnovers at this time. There is only one MLS active home listing with an asking price of $289,900; 4 bedrooms, 3 full bathrooms, 2 half bathrooms, 3,248 ft.², according to online records.

Are you thinking about selling your home in Charlanda Estates and curious about your property value before placing on the open market? Do you disagree with the Mobile County Tax Assessor’s value? Would you like to hire a Certified Residential Real Estate Appraiser with over 35 years experience? Then, call Al Cheney at 251-533-2424 today! Your appraisal fee for a typical straightforward report will be $250! Complex or special requirement residential properties will require a quote from Al Cheney. Call today for your appraisal quote, 251-533-2424!

The 2009 fourth quarter, 1st October 2009 to 31st December 2009, indicates at least 838 sales within Mobile County, Alabama according to online REALTOR information records. The total sales can be broken down into four property type categories: (1) condominiums & townhouses, (2) manufactured homes, (3) new construction homes, and (4) single family older homes. Also, the last quarter of total sales compared to the third quarter of total sales indicate a drop of 146 sales, or -14.8%.

The approximate 31 condominiums & townhouses had an average list price of $107,838, 69 average days on market (dom) and a sale price to list price percentage of 91.03%.

The approximate 13 manufactured homes had an average list price of $41,923, 61 average days on market (dom) and a sale price to list price percentage of 86.24%.

The approximate 131 new construction homes had an average list price of $179,631, 70 average days on market (dom) and a sale price to list price percentage of 99.39%.

The approximate 659 single family older homes (18.44% drop when compared to the third quarter) had an average list price of $142,956, 86 average days on market (dom) and a sale price to list price percentage of 95.8%.

The average days on market (dom) for the fourth quarter was around 82 days and the average per square foot was $78.

The fourth quarter indicates more new construction in west Mobile, south of the Mobile Regional Airport, Semmes, southwest Mobile County, Theodore, and the Tillman’s Corner area when compared to other areas of Mobile County. Most of the single family residential or home sales occurred in the areas north and south of Cottage Hill Road, Municipal Park area & city west central, west Mobile, Semmes, Midtown area near downtown historic Mobile, and areas east of Wilmer, Alabama.

The average sold terms for the fourth quarter was CASH (21%), CONVENTIONAL (27.3%), FHA (42.4%), VA (6.4%) and OTHER-ASSUMPTION, AUCTION, VENDOR LIENS (2.9%).

The above information has been provided by Albert Marshall Cheney, Cheney Appraisal Services, located in the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Albert Cheney is an active Certified Residential Real Property Appraiser and FHA Approved Appraiser with 35+ years experience in the real estate industry. Contact Albert Cheney at (251) 533-2424 or if you require more information about Alabama real estate and ordering a “Certified” real estate appraisal report.

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