Forty Percent Of All Killearn Lakes Home Sales Are Distressed
Having started my Tallahassee real estate career with Killearn Lakes home sales, I find myself (nearly) speechless when observing the rapid rise of distressed properties in this wonderful Tallahassee neighborhood located in the 32312 zip code.
This was the final jewel in the crown of Killearn Properties, a neighborhood that was designed to be everything the successful Killearn Estates had been, with the addition of a world class Tom Fazio golf course located within the gates of Golden Eagle Plantation.
With everything this community has to offer, Killearn Lakes home sales still continue to decline in value, offering home buyers incredible deals at prices last seen in 2002.
Average Prices Of Killearn Lakes Home Sales
When we take in all Killearn Lakes home sales, we find that the average sales price in 2012 thus far is $181,000, down 28% from the $252,000 recorded in 2007. With more foreclosure filings recently announced, I would expect this downward trend to continue.
Average Values Of Killearn Lakes Home Sales
More importantly, real estate depreciation for Killearn Lakes home sales has crested the 30% level. While this is lower than the average in Tallahassee, it still is wreaking havoc. The average value of a home sold in Killearn Lakes Plantation in 2012 has been $97 per square foot, a far cry from the $139 per square foot recorded in 2007.
Distressed Killearn Lakes Home Sales
With the end of the robo-signing scandal well behind us, it is not too surprising that Killearn Lakes home sales are taking their lumps like everybody else. The real estate graph below shows that 40% percent of all homes sold in Killearn Lakes Plantation in 2012 have been short sales, foreclosures, or bank owned properties.
If you own a home in Killearn Lakes Plantation and are trying to decide what to do, you could either read our free book "Should I Short Sale My Home?" or just go straight to the source.
You can drop me a note anytime in order to schedule a time to talk about your specific situation and needs. After speaking directly with over 250 homeowners in the past year about handling this tough housing market, I can tell you that you will feel much better knowing all of the options available to you today.
Recent Killearn Lakes Home Sales
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 9929 Beaver RidgeTrail | $250,000 | $104 | 5/15/2012 | 1990 | 2,401 | Arms Length |
| 2988 Killearn Pointe Crt | $320,000 | $145 | 5/8/2012 | 1999 | 2,210 | Arms Length |
| 2249 Tuscavilla Road | $150,400 | $95 | 5/4/2012 | 1990 | 1,587 | Distressed |
| 3460 Rosemont Ridge | $155,000 | $111 | 4/30/2012 | 1982 | 1,402 | Arms Length |
| 9409 Buck HavenTrail | $215,000 | $99 | 4/30/2012 | 1994 | 2,172 | Arms Length |
| 1216 Pheasant Run | $173,000 | $94 | 4/23/2012 | 2000 | 1,841 | Distressed |
| 2989 Killearn Point Court | $245,000 | $127 | 4/16/2012 | 1999 | 1,935 | Arms Length |
| 8259 Chickasaw Trail | $121,500 | $67 | 4/12/2012 | 1986 | 1,810 | Distressed |
| 3432 Briar Branch Trail | $163,800 | $104 | 4/6/2012 | 1977 | 1,580 | Arms Length |
| 1583 Copperfield Circle | $215,000 | $98 | 4/5/2012 | 1991 | 2,198 | Distressed |
| 1801 Bridgemont Trail | $143,600 | $101 | 3/30/2012 | 1991 | 1,421 | Arms Length |
| 3439 Treaty Oak Trail | $215,000 | $113 | 3/30/2012 | 2008 | 1,896 | Arms Length |
| 10032 Leafwood Drive | $203,000 | $134 | 3/28/2012 | 1997 | 1,513 | Arms Length |
| 3463 Hawks Hill Trail | $175,000 | $109 | 3/22/2012 | 2005 | 1,600 | Arms Length |
| 8185 Blue Quill Trail | $205,300 | $70 | 3/20/2012 | 1987 | 2,938 | Distressed |
| 7733 Briarcreek Road | $105,500 | $84 | 3/14/2012 | 1984 | 1,256 | Distressed |
| 2231 Pine Landing Court | $105,000 | $71 | 3/6/2012 | 2000 | 1,478 | Distressed |
| 3205 Horseshoe Trail | $200,000 | $86 | 2/24/2012 | 1990 | 2,318 | Distressed |
| 11101 Wildlife Trl | $175,000 | $77 | 2/24/2012 | 1990 | 2,284 | Distressed |
| 11056 Wildlife Trail | $237,500 | $101 | 2/17/2012 | 1994 | 2,342 | Arms Length |
| 8716 Spring Shore Trl | $255,000 | $97 | 2/10/2012 | 1986 | 2,629 | Arms Length |
| 1830 Folkstone Rd | $149,000 | $102 | 2/3/2012 | 1990 | 1,468 | Arms Length |
| 8825 Minnow Creek Drive | $104,900 | $93 | 1/25/2012 | 1987 | 1,124 | Distressed |
| 3460 Rosemont Ridge Rd | $96,000 | $68 | 1/24/2012 | 1982 | 1,402 | Distressed |
| 9901 Turtle Dove Way | $157,500 | $108 | 1/23/2012 | 1990 | 1,460 | Arms Length |
| 1592 Copperfield Circle | $221,500 | $97 | 1/23/2012 | 1989 | 2,288 | Arms Length |
| 1604 Norwood Lane | $188,000 | $102 | 1/20/2012 | 1992 | 1,850 | Arms Length |
| 8137 Blue Quill Trl | $129,999 | $61 | 1/13/2012 | 1987 | 2,148 | Distressed |
| 1679 Folkstone Rd | $162,000 | $110 | 1/13/2012 | 1997 | 1,468 | Arms Length |
| 9300 Buck Haven Trail | $192,000 | $98 | 1/12/2012 | 1990 | 1,954 | Arms Length |
| 1827 Folkstone Rd | $94,000 | $62 | 12/30/2011 | 1992 | 1,505 | Distressed |
| 3423 Briar Branch Trail | $155,000 | $98 | 12/30/2011 | 1977 | 1,582 | Arms Length |
| 2965 Killearn Pointe Ct | $225,000 | $120 | 12/27/2011 | 1997 | 1,882 | Arms Length |
| 10112 Twisting Vine Court | $179,900 | $99 | 12/22/2011 | 2000 | 1,811 | Arms Length |
| 3554 Dogwood Valley | $172,500 | $120 | 12/19/2011 | 2003 | 1,435 | Arms Length |
| 7805 Thornhill Lane | $225,000 | $112 | 12/19/2011 | 1974 | 2,015 | Arms Length |
| 8308 Chickasaw Trail | $165,000 | $104 | 12/16/2011 | 1993 | 1,585 | Arms Length |
| 9112 Hickorynut | $157,500 | $112 | 12/15/2011 | 1992 | 1,412 | Arms Length |
| 3543 Rosemont Ridge Rd | $172,000 | $91 | 12/14/2011 | 1986 | 1,888 | Arms Length |
| 2261 Tuscavilla Road | $190,000 | $103 | 12/9/2011 | 1990 | 1,849 | Arms Length |
| 1805 Log Ridge Trail | $247,500 | $102 | 12/5/2011 | 1994 | 2,432 | Arms Length |
| 9500 Buck Haven Trail | $200,000 | $96 | 11/30/2011 | 1992 | 2,083 | Arms Length |
| 3316 Micanopy Trl | $145,000 | $114 | 11/29/2011 | 1985 | 1,274 | Arms Length |
| 8227 Hunters Ridge Trail | $151,000 | $108 | 11/28/2011 | 1993 | 1,404 | Arms Length |
| 8121 Blue Quill Trl | $235,500 | $101 | 11/23/2011 | 1988 | 2,332 | Arms Length |
| 7816 Briarcreek Road | $179,900 | $106 | 11/21/2011 | 2008 | 1,694 | Arms Length |
| 8130 Blue Quill Trl | $260,366 | $76 | 11/18/2011 | 1986 | 3,440 | Arms Length |
| 7825 Briarcreek Rd N | $220,000 | $120 | 11/14/2011 | 2000 | 1,830 | Arms Length |
| 3261 Lilburn Court | $215,000 | $110 | 11/1/2011 | 1999 | 1,956 | Arms Length |
| 2001 Morning Dove Road | $185,000 | $105 | 10/28/2011 | 1997 | 1,762 | Arms Length |
| 9888 Deer Lake N | $370,000 | $128 | 10/28/2011 | 2002 | 2,894 | Arms Length |
| 3309 Cherokee RidgeTrail | $155,000 | $103 | 10/27/2011 | 1983 | 1,508 | Distressed |
| 2230 Tuscavilla Road | $189,900 | $115 | 10/27/2011 | 1986 | 1,655 | Arms Length |
| 9912 Beaver Ridge Trail | $237,000 | $107 | 10/24/2011 | 1990 | 2,221 | Arms Length |
| 3411 Cherokee Ridge Trail | $116,000 | $105 | 10/21/2011 | 1984 | 1,110 | Arms Length |
| 7742 N Briarcreek | $142,500 | $107 | 10/18/2011 | 1984 | 1,337 | Arms Length |
| 1753 Copperfield Circle | $226,900 | $114 | 10/7/2011 | 1990 | 1,992 | Arms Length |
| 3480 Hawks Hill Trail | $150,000 | $115 | 9/30/2011 | 1997 | 1,300 | Distressed |
| 9804 Thunder Hill Trail | $222,500 | $115 | 9/28/2011 | 1990 | 1,930 | Arms Length |
| 7772 Briarcreek Rd N | $172,000 | $110 | 9/26/2011 | 1985 | 1,561 | Arms Length |
| 7741 N Briarcreek Road | $155,000 | $110 | 9/9/2011 | 1984 | 1,408 | Arms Length |
| 9112 Birch Run Lane | $177,000 | $110 | 8/26/2011 | 1987 | 1,614 | Arms Length |
| 2994 Killearn Pointe Court | $404,900 | $119 | 8/25/2011 | 2005 | 3,400 | Distressed |
| 9909 Beaver Ridge Trail | $165,900 | $100 | 8/18/2011 | 1991 | 1,661 | Distressed |
| 1507 Breamstone Ridge | $202,000 | $117 | 8/17/2011 | 2000 | 1,728 | Arms Length |
| 9381 Buck Haven Trail | $199,900 | $90 | 8/17/2011 | 1994 | 2,228 | Arms Length |
| 1883 Log Ridge Trail | $160,000 | $89 | 8/15/2011 | 1991 | 1,806 | Distressed |
| 3414 Treaty Oak | $214,000 | $126 | 8/8/2011 | 2011 | 1,701 | Arms Length |
| 9832 Thunder Hill Trail | $208,000 | $96 | 8/5/2011 | 1989 | 2,178 | Arms Length |
| 3359 Micanopy Trail | $167,000 | $104 | 8/5/2011 | 1985 | 1,603 | Arms Length |
| 1560 Copperfield Circle | $210,000 | $95 | 7/22/2011 | 1991 | 2,220 | Distressed |
| 9353 Buck Haven Trail | $156,000 | $82 | 7/12/2011 | 1991 | 1,898 | Distressed |
| 2205 Wood Duck Way | $120,000 | $77 | 7/11/2011 | 1990 | 1,552 | Distressed |
| 9481 Buck Haven Trail | $149,800 | $80 | 7/8/2011 | 1991 | 1,884 | Distressed |
| 2204 Ten Oaks Drive | $134,000 | $61 | 7/1/2011 | 1989 | 2,190 | Arms Length |
| 3557 Rosemont Ridge Rd. | $169,000 | $109 | 7/1/2011 | 2004 | 1,552 | Arms Length |
| 8201 Hunters Ridge Trail | $119,000 | $100 | 6/30/2011 | 1988 | 1,196 | Distressed |
| 10507 Blue Wing Court | $349,459 | $118 | 6/30/2011 | 1991 | 2,969 | Arms Length |
| 3425 Hawks Hill Trail | $155,000 | $110 | 6/30/2011 | 1984 | 1,404 | Arms Length |
| 1604 Chadwick Way | $274,900 | $115 | 6/30/2011 | 1993 | 2,387 | Arms Length |
| 8386 Chickasaw Trail | $135,000 | $99 | 6/28/2011 | 1985 | 1,369 | Arms Length |
| 8377 Hunters Ridge Trail | $86,000 | $86 | 6/27/2011 | 1993 | 1,000 | Distressed |
| 8026 Briarcreek | $135,500 | $102 | 6/22/2011 | 1983 | 1,330 | Arms Length |
| 7900 Briar Creek | $148,000 | $110 | 6/20/2011 | 1994 | 1,342 | Arms Length |
| 2212 Ten Oaks Drive | $638,000 | $131 | 6/20/2011 | 2003 | 4,879 | Arms Length |
| 3376 Barrow Hill Trail | $185,000 | $116 | 6/15/2011 | 2000 | 1,596 | Arms Length |
| 1702 Folkstone Road | $162,500 | $123 | 6/10/2011 | 1993 | 1,320 | Arms Length |
| 3508 Cherokee Ridge Trail | $145,000 | $99 | 6/10/2011 | 1984 | 1,460 | Arms Length |
| 1600 Folkstone Rd | $114,900 | $84 | 6/8/2011 | 1991 | 1,370 | Distressed |
| 8747 Minnow Creek Drive | $120,000 | $96 | 6/3/2011 | 1991 | 1,255 | Distressed |
| 12065 Cedar Bluff Trail | $315,000 | $116 | 6/3/2011 | 1990 | 2,720 | Arms Length |
| 1628 Chadwick Way | $250,000 | $108 | 6/3/2011 | 1996 | 2,323 | Arms Length |
| 8301 Chickasaw Trail | $173,000 | $118 | 6/2/2011 | 1987 | 1,463 | Arms Length |
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I hope this blog post gave you the information you were seeking on Killearn Lakes Home Sales, please come back again for other Tallahassee neighborhood reports and updates on Killearn Lakes Plantation.
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