The drive into this neighborhood is characterized by some rolling hills and massive old oak trees with mowed green grass blanketing the landscape. It is picturesque for sure. Then mix in a few horses using horse wormers and some wandering herds of deer (that don’t spook when you approach) and you have a tranquil setting.
Overview of Sales
In all of Alachua County from Jan 1, 2010 to today, there were 200 properties that sold ranging between 2,000 to 4,000 square feet and built between 1995 to 2010. (excluding mobile homes) Of these 200 only 24 were short sales.
One year ago using that same criteria, there were 178 homes that closed, and 12 were short sales. There are a few more buyers so far this year, and lots of inquiries from buyers waiting for that Special Indicator that will tell them “OKAY, it is time to buy now” before the market turns upward and prices go up.
Sold Since Jan 1, 2010 in Shaw Farms & Alachua Highlands
One home has sold so far this year in Shaw Farms & Alachua Highlands, it was sold as a short sale:
MLS | Alachua Highlands | Acres | Beds | Baths | Size | Year Built | Sold Price | List Ratio | Days on the Market |
$/sq ft |
308255 | 12811 NW 112 Ave | 5 | 4 | 3.5 | 3,390 | 2000 | $363,500 | 97% | 191 | $107.23 |
Two more nearby homes have sold that are relevant to values in this neighborhood.
MLS | Santa Fe Forest | Acres | Beds | Baths | Size | Year Built | Sold Price | Days on the Market |
$/sq ft | |
300265 | 19024 NW 76 Ave | 5.77 | 4 | 3.5 | 3,164 | 2006 | $490,000 | 92% | 371 | $154.87 |
311173 | 18912 NW 76 Ave | 5.77 | 5 | 4.5 | 4,966 | 2004 | $890,000 | 96% | 209 | $179.22 |
This link to the MLS data for these 3 homes will last upto 30 days from now:
http://www.gainesvillemls.com/gan/maildoc/sd_AAAa006Ut20100824110817.html
What is For Sale?
There are 3 homes for sale right now in this horse friendly, quiet neighborhood. This area of Gainesville/Alachua is “Florida Country”.The 3 homes range in price from $398,795 to $1,349,000 and size from 2,627 to 3,706. They have between 5 and 10 acres of land.
MLS | Address | Acres | Beds | Baths | Size | Year Built | Asking Price | $/SqFt |
315566 | 12517 NW 116 Pl | 5 | 3 | 2.5 | 2,627 | 2000 | $398,795 | $151.81 |
292212 | 11901 NW 112 Ave | 5.47 | 3 | 3 | 2,875 | 1996 | $497,000 | $172.87 |
314209 | 12003 NW 112 Ave | 5 | 4 | 5.5 | 3,706 | 1996 | $1,150,000 | $310.31 |
*MLS 314209 is also available with 5 more acres for an additional $199,000 – listed as MLS 314212.
Our company is marketing one of these homes – MLS 315566 – so CLICK HERE if you would like to see the floor plans, more photos, and more information on the area.
Homes Under Contract Now
There is one home that is under contract & waiting to close.
MLS | Address | Acres | Beds | Baths | Size | Year Built | Asking Price | $/SqFt | Days on the Market |
307763 | 11624 NW 129 Ter | 11.5 | 4 | 3.5 | 2,748 | 1991 | $300,000 | $109 | 357 |
This house is a “Short Sale”, which means the owner must get approved by their bank to sell the home for less than the loan amount. The asking price has not been approved by the bank yet, so we’ll have to wait and see what this home sells for
This link to the MLS data will last upto 30 days from now:
http://www.gainesvillemls.com/gan/maildoc/sd_AAAa004Ek20100824095448.html
More About Short Sales
If you want to know more about short sales, here is an article about the process:
http://www.we-promise.com/blog/2010/03/short-sales-get-a-boost/
You can log on to Kathleen’s detailed market analysis to see how prices are fairing thru all this.