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Archive for the 'Avondale' Category
A Short Sale Success Story in Murray Hill neighborhood of Jacksonville, FL
We recently closed on a home in the Murray Hill neighborhood for a young lady who was a first time homebuyer. The home she bought is a darling 3BR/1BA bungalow in the desirable neighborhood of Murray Hill. It was purchased by the seller in the high 100’s. After living there a few years, she tried to sell it amidst the rapidly falling real estate market and the house fell into short sale.
There was one very low offer on the home that did not get accepted by the bank but when the bank “countered” the low offer, they established a price that they would accept. This was put into the Multiple Listing Service (MLS) as a bank approved price and the young lady we were representing quickly wrote an offer on it.
After jumping through a few hoops and encountering a few stumbling blocks along the way, the sale closed in relatively quickly (about 3 months-which is for a short sale) on Friday of last week for $120K — one more property off the market, a great buy for our buyer and a happy ending to a short sale.
Luxury Home Available at a Great Price!
Great News! We just listed a fantastic house on Elizabeth Place in Avondale that will knock your socks off. It’s a 3BR/2.5BA that’s been magnificently renovated including an incredible new kitchen and master bathroom. It’s got soaring ceilings in the great room, fireplace, walls of built in bookshelves, Pella windows, wonderful storage, professionally landscaped courtyard garden and more!
In additon, the house is located on a dead end street (no through traffic) and there’s a waterfront park at the end of the street — enjoy the river without paying riverfront prices! Priced at only $550K with absolutely nothing to do — a true turn key home, this one is likely to go fast. Please call me at 252-5181 or Caroline at 463-1898 for an appointment to see this very special home.
Two $500K+ Homes Sell in Avondale!
After a VERY quiet year in home sales over $500K in Avondale, there have FINALLY been a few sales in this price range. In the last couple of weeks, 1913 Greenwood closed for $ 586,750K and 3585 Richmond Street closed for $576K. The Richmond Street listing was with Ellen Walters of the Fred Miller Group and David Butler of Watson brought the buyers. With these two sales, the neighborhood will now have some “comps” (comparable sales) that appraisers can use and we hope that the landslide in prices has stopped. The price per square foot for these two sales was $232 and $229 respectively. The lot size of the two properties was similar.
Both of these homes were 3br/2.5ba homes with approx. 2,500 square feet. Both had garages and both had guest houses above the garage. The guest house on Greenwood was apparently in orginal condition and the one on Richmond street had some minor upgrades.
1837 Ingleside - At only $219 per square foot it's a DEAL!
We’ve got a fantastic listing on Ingleside Avenue that has 3br/2.5ba with lots of upgrades – so if you happen to have “missed out” on either one of the houses mentioned above and are still looking, please give us a call. At $644K and 2,940 square feet, our asking price is $219psf AND our guest house and garage are NEW! The two most recent sales were at $229 and $232 per square foot.
Thanks for reading! If you’d like to get the latest and greatest about what’s going on in with real estate in Avondale, Ortega and Riverside, please give us a call! We’d love to help you find or sell a home in the neighborhood!
13 (1), 21 (1), 16 (1), 25 (2), 15 (3) and Counting!
As you read the title of my blog today, you must be wondering — is she crazy? What DO those numbers mean? They represent the number of single family home and condo sales on a month by month basis beginning in January of this year. Condo sales are in parentheses.
The month of April was a little wild for us. We had a couple of sales, took several listings and were working with a few buyers. It seemed, at times, that we could hardly come up for air. May, thankfully, has been a little more sane but I began to wonder — was April really busy for everyone?
I checked the number of sales for both single family homes & condos since the beginning of the year (in Avondale, Ortega and Riverside only) and found that April was, indeed, a very busy month with a much larger number of sales than the months before or after. You might think that it was because of the end of the first time homebuyer tax incentive but several of the sales were of luxury properties.
January – 13 single family homes sales - 1 condo sale
February — 21 single family sales – 1 condo
March — 16 single family sales - 1 condo sale
April — 25 sales - 2 condo sales
May – 15 sales — 3 condo sales ( through May 25th, 2010)
Interest rates have fallen to incredible lows (below 5% for a 30 years fixed rate loan), investors are back in the market (why not buy with very low prices and very low cost to borrow) and we have some great new listings coming up for the month of June. Stay tuned…let’s see what the numbers next month reveal.
Thanks for reading — if you’re hungry for information about the state of real estate in Avondale, Ortega and Riverside — this is the place to get it! Subscribe to my blog and my posts will arrive (magically) in your inbox!
Super Charming Bungalow in Avondale – JUST LISTED
GREAT news! We’ve just listed a really charming bungalow in the Avondale neighborhood of Jacksonville and would love to have you come take a look. The MLS # is 534911 or you can click here to see a great video of the house.
This one’s been renovated to a T and has many wonderful details including:
3BR/2BA
a brand new kitchen
beautiful wood floors
open spaces
fireplace
enclosed sunroom (perfect for painting, reading or an office)
renovated bathrooms
new roof
new AC
incredible outdoor entertaining area
two car garage
Priced at only $329,900 and within walking distance to the shops of Avondale, this one is a keeper! Take a look at these pictures and call us for an appointment.
Thanks for reading — for news about the state of real estate in Avondale, Ortega and Riverside, subscribe to our blog! You’ll be the first to know about new listings, recent sales, price reductions, mortgage rates and more!
Darling Old Spanish Bungalow in Avondale – Just Listed
Looking like it’s been been transplanted from the streets of Coral Gables, this darling Old Spanish house on Avondale Avenue has just been listed. A 3BR/2BA home with plenty of upgrades awaits new ownership! It’s got a fancy new kitchen with granite, hardwood floors and a huge fenced backyard. Priced at $299K for approx. 1,600 sf, the price per square foot is right around $186 — a fair price for so many upgrades. As they say, location, location, location. Call today if you’d like to go see this one! 
Thanks for reading about the state of real estate in Avondale, Ortega and Riverside. Stay tuned for news of great new listings, sales statistics and first hand information about “what’s going on”.
I’m looking for…a BARGAIN, a STEAL, a real DEAL!
In working with buyers these days, the thing we hear most often is, ”I’m looking for a steal” or, ”I’m really not interested unless it’s a DEAL”.
The irrational exuberance that once led people to pay ridiculous amounts for real estate has become irrational vulturism (I made that up) and buyers won’t buy unless they feel they’re getting a “STEAL”.
This, of course, begs the question, what exactly IS a steal and how will you know one when you see one?
Is a STEAL a house that’s priced at a certain price per square foot? Is a STEAL a house that’s been reduced by a million dollars? Is a STEAL a house that came available at a fair price on a street where houses almost never come up for sale? Is a STEAL a foreclosure?
Most realtors use the price per square foot method to develop the asking price of a house and most buyers use it to locate what they believe to be a BARGAIN. To get this, you take the asking price of the house and divide it by the heated/cooled square feet of living space.
I personally don’t believe that price per square foot tells the whole story. There are so many other variables to consider including location, quality and condition (amount of renovation/upgrades). Just because something is being sold for a low price per square foot doesn’t necessarily mean it’s a DEAL.
Take these two houses for example. One is located on a cul de sac in Ortega and the other on Riverside Avenue in Avondale. Both were very nice homes in good locations and both sold for around $390K. They had different square footages, however, so the ppsf for one of the homes was $142 and the other was only $118. Which person got a better deal? Post a comment and let me know what YOU think.
There are plenty of “deals” out there so if you’re in the market for one, call us and we’ll help you find it!
Thanks for reading — please join us next time for the state of real estate in Avondale, Ortega and Riverside!
Open House Tomorrow! 1837 Ingleside Avenue in Avondale
Don’t miss this fantastic open house at 1837 Ingleside Avenue tomorrow in the Avondale neighborhood of Jacksonville. Located in the best section of Avondale just a short walk to the River, this great two story home has everything you need including a wonderful guest house and two car garage. The main house has a wonderful vaulted ceiling great room which is hard to find in Avondale — come see us from 3-5 pm on Sunday, March 14th!
NEW LISTING in Avondale! Great New Construction Home Near Park
Good Morning! Hope this Wednesday morning finds everyone well rested and ready for a great day! Yesterday, we listed a great house on Edgewood Circle in Avondale and I want to “shout out” about it. Never lived in, the brick home has classic Georgian architecture and everything today’s buyer is looking for in a home.
Let’s start with the gorgeous gourmet kitchen. It has the best of everything including wood cabinetry, granite countertops, KitchenAid stainless appliances and a gas cook top. It also has a large center island, breakfast table area island and a HUGE walk in pantry. The kitchen is open to the family room which for most folks these days, is a must.
The dining room has beautiful wainscotting and deep crown molding. The large light filled living room has a fireplace and lots of windows.
The master suite is downstairs and has a really nice master bathroom with vaulted ceilings. A big jacuzzi tub, separate water closet area, separate sinks for two people and two large walk in closets. Upstairs, you’ve got a giant laundry room with lots of storage, one bedroom with its own bath and two other bedrooms that share a bath. All bedroom have extra large closets — a super nice feature.
There’s a large two car garage with a big air conditioned storage space. So….it’s a great home at a great price. Please call today to see this beauty. I can be reached at 904-252-5181 or Caroline at 904-463-1898.
Thanks for reading. Please join me for my next episode of the great things happening in the Avondale, Ortega and Riverside Real Estate markets. If you’d like these posts to be sent directly to your inbox, you can subscribe but then must respond to the email to activate your subscription.
Avondale Foreclosure Just Listed! Only $127 Per Square Foot!
Hello Again! I wrote about a great foreclosure in Ortega in my last post and now, there’s another great deal – this time in Avondale. Located at 1277 Avondale Avenue, this fabulous Tudor style house is listed for only $400K! It has approx. 3,150 square feet, 5BR/3.5BA, a renovated kitchen with granite countertops, light filled sunporch and is across the street from one of the darling “pocket parks” that Avondale is famous for. This one is sure to go quick — so please call me at 904-252-5181 or Caroline at 904-463-1898 right away! Today could be your lucky day!
Thanks for reading — if you’d like to have these notices sent directly to your inbox and be one of the first to know about the fantastic opportunities of Avondale, Ortega and Riverside, please subscribe to our blog! Once you register, you must respond to the email that gets sent to complete your registration.
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Recent Posts
- A Short Sale Success Story in Murray Hill neighborhood of Jacksonville, FL
- Sheer Elegance – Ortega Blvd. Masterpiece becomes available
- Luxury Home Available at a Great Price!
