Low Prices Tempt Buyers To Choose A Golden Eagle House
Posted by Joe Manausa on Monday, December 3, 2012 at 9:44:25 AM
By Joe Manausa / December 3, 2012
Comment
If you are looking for a Golden Eagle house, then prepare to be blown away with the values that you will find today.
Currently, there are 41 MLS listings featuring a Golden Eagle house, and you can have your choice of lakefront, golf course frontage, or a home on an interior lot.
Distressed Property Competition For Every Golden Eagle House
The number of distressed homes for sale in Tallahassee is rising, and Golden Eagle house sales have certainly been impacted.
Looking at the real estate graph below, the red line measures the percentage of homes sold that were done so under conditions of distress (short sales, foreclosures, pre-foreclosures, and bank owned properties).
Through November 2012, roughly 30% of all Golden Eagle house sales have been distressed sales.
Average Value Of A Golden Eagle House
Golden Eagle house values have been falling steadily since 2006 (the blip in 2009 is due to a singular $4.25M home + property sale that skewed the data). The increased competition from distressed home sellers is evident when we look at the market in segments.
In the real estate graph above, arms length home sales are shown in green, while distressed home sales are shown in red.
Thus far in 2012, the average value of a non-distressed Golden Eagle house has trended down to $133 per square foot, down 24% since 2006.
The follow list shows all Golden Eagle house sales in the Tallahassee MLS, going back a few years. Note how far down recent prices have come! Is it time for you to buy one?
Recent Sales Golden Eagle Houses
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 9184 Shoal Creek Drive | $315,000 | $119 | 10/31/2012 | 2004 | 2,646 | Arms Length |
| 8551 Heathcliff | $350,000 | $119 | 10/31/2012 | 2000 | 2,941 | Distressed |
| 9194 Shoal Creek Drive | $282,500 | $104 | 10/31/2012 | 2004 | 2,725 | Distressed |
| 2322 Cobb Drive | $289,900 | $116 | 10/31/2012 | 1999 | 2,506 | Arms Length |
| 3200 Pablo Creek Way | $480,000 | $133 | 10/12/2012 | 2005 | 3,621 | Arms Length |
| 8999 Winged Foot Drive | $875,000 | $177 | 10/1/2012 | 1990 | 4,950 | Arms Length |
| 3225 Pablo Creek Way | $480,000 | $147 | 8/23/2012 | 2005 | 3,263 | Arms Length |
| 8314 Inverness Drive | $418,000 | $144 | 8/17/2012 | 2000 | 2,898 | Arms Length |
| 2619 Wharton Circle | $370,000 | $141 | 8/14/2012 | 2001 | 2,620 | Arms Length |
| 8983 Winged Foot Drive | $452,500 | $107 | 8/13/2012 | 1989 | 4,226 | Arms Length |
| 2968 Medinah | $350,000 | $124 | 8/10/2012 | 2001 | 2,826 | Arms Length |
| 2146 W Golden Eagle | $687,500 | $164 | 7/27/2012 | 2001 | 4,197 | Arms Length |
| 9013 Shoal Creek Dr | $450,000 | $145 | 7/27/2012 | 1997 | 3,104 | Arms Length |
| 2173 Gates Dr | $325,000 | $121 | 7/20/2012 | 2000 | 2,693 | Arms Length |
| 2138 Amanda Mae Ct | $440,000 | $118 | 7/17/2012 | 1996 | 3,718 | Distressed |
| 9569 Deer ValleyDrive | $399,975 | $118 | 6/29/2012 | 2004 | 3,387 | Distressed |
| 8522 Congressional Dr | $240,000 | $71 | 6/29/2012 | 1990 | 3,359 | Distressed |
| 9711 Prestancia Way | $382,500 | $102 | 6/29/2012 | 2008 | 3,741 | Arms Length |
| 2713 Waterford Glen Ct | $335,000 | $124 | 6/15/2012 | 1996 | 2,707 | Distressed |
| 2582 Bishops Green Trail | $390,000 | $118 | 6/8/2012 | 1998 | 3,313 | Arms Length |
| 8524 Heathcliff Ct | $350,000 | $125 | 6/1/2012 | 2000 | 2,806 | Arms Length |
| 9211 Hampton Glen Ct | $475,000 | $151 | 5/31/2012 | 2000 | 3,136 | Distressed |
| 8970 Winged Foot Dr | $295,000 | $124 | 5/3/2012 | 1988 | 2,388 | Arms Length |
| 9703 Prestancia Way | $460,000 | $135 | 4/30/2012 | 2005 | 3,395 | Arms Length |
| 8155 Glenmore Drive | $560,000 | $152 | 3/30/2012 | 1997 | 3,674 | Arms Length |
| 2507 Double Eagle Ct | $740,000 | $150 | 3/29/2012 | 2002 | 4,922 | Arms Length |
| 3406 Osprey Ridge | $465,000 | $135 | 3/15/2012 | 2004 | 3,452 | Arms Length |
| 8869 Blackheath Way | $280,000 | $106 | 3/9/2012 | 1995 | 2,630 | Distressed |
| 9233 Shoal Creek Dr | $325,000 | $124 | 3/8/2012 | 2007 | 2,628 | Distressed |
| 9010 Winged Foot Drive | $287,000 | $84 | 2/7/2012 | 1993 | 3,417 | Arms Length |
| 3014 Golden Eagle Dr East | $640,000 | $154 | 2/6/2012 | 1999 | 4,152 | Arms Length |
| 2124 Doral Dr | $370,000 | $133 | 1/31/2012 | 1997 | 2,776 | Arms Length |
| 3242 Pablo Creek Way | $400,000 | $143 | 1/13/2012 | 2005 | 2,795 | Distressed |
| 2132 Amanda Mae Court | $538,000 | $111 | 1/6/2012 | 1999 | 4,847 | Arms Length |
| 8881 Winged Foot Dr | $414,000 | $136 | 12/29/2011 | 2001 | 3,049 | Arms Length |
| 2903 Royal Isle Drive | $750,000 | $135 | 10/14/2011 | 2005 | 5,549 | Distressed |
| 8969 Winged Foot Drive | $400,000 | $134 | 10/13/2011 | 1993 | 2,986 | Arms Length |
| 2220 Genevieve Court | $750,000 | $198 | 9/28/2011 | 2005 | 3,786 | Arms Length |
| 9252 Shoal Creek | $450,000 | $145 | 9/28/2011 | 2004 | 3,100 | Arms Length |
| 2147 W Golden Eagle Drive | $1,200,000 | $159 | 9/12/2011 | 2002 | 7,560 | Arms Length |
| 8362 Inverness Drive | $345,000 | $123 | 8/31/2011 | 1999 | 2,800 | Arms Length |
| 2307 Gates Drive | $380,000 | $121 | 8/19/2011 | 1999 | 3,142 | Arms Length |
| 2887 Royal Isle | $378,000 | $144 | 8/9/2011 | 2011 | 2,623 | Arms Length |
| 8198 Glenmore Drive | $440,000 | $129 | 7/27/2011 | 1999 | 3,422 | Arms Length |
| 9054 Shoal Creek Drive | $750,000 | $165 | 7/15/2011 | 2000 | 4,553 | Arms Length |
| 3070 St Andrews Way | $385,000 | $129 | 7/6/2011 | 2005 | 2,978 | Arms Length |
| 8889 Glen Abby Dr | $565,000 | $174 | 7/5/2011 | 1997 | 3,238 | Arms Length |
| 9031 Winged Foot Dr | $450,000 | $124 | 6/30/2011 | 2000 | 3,626 | Distressed |
| 9059 Eagles Ridge Dr | $355,000 | $131 | 6/30/2011 | 2003 | 2,720 | Arms Length |
| 2299 Cobb Drive | $400,000 | $126 | 6/15/2011 | 2000 | 3,180 | Arms Length |
| Lot 5 Shoal Creek | $431,532 | $154 | 6/15/2011 | 2011 | 2,801 | Arms Length |
| 9203 Shoal Creek Dr | $515,000 | $140 | 5/27/2011 | 2004 | 3,676 | Arms Length |
| 2024 Herb Court | $359,000 | $108 | 5/23/2011 | 1999 | 3,325 | Arms Length |
| 2945 Golden Eagle Drive E | $415,000 | $127 | 4/29/2011 | 1991 | 3,267 | Arms Length |
| 8986 Winged Foot Drive | $647,500 | $134 | 4/29/2011 | 1988 | 4,850 | Arms Length |
| 2558 Bishops Green Trail | $441,500 | $142 | 4/27/2011 | 1998 | 3,114 | Arms Length |
| 9149 Shoal Creek Drive | $354,900 | $121 | 4/15/2011 | 1996 | 2,932 | Distressed |
| 2961 Golden Eagle Dr E | $450,000 | $102 | 4/8/2011 | 1987 | 4,411 | Arms Length |
| 9006 Shoal Creek Drive | $383,000 | $105 | 4/8/2011 | 1997 | 3,651 | Arms Length |
| 9635 Deer Valley Dr | $545,000 | $143 | 3/31/2011 | 2005 | 3,805 | Arms Length |
| 2262 Cobb Drive | $450,000 | $130 | 3/24/2011 | 2006 | 3,471 | Arms Length |
| 1646 Eagles Watch Way | $200,000 | $101 | 3/22/2011 | 2001 | 1,971 | Arms Length |
| 8155 Glenmore Drive | $560,000 | $153 | 3/18/2011 | 1997 | 3,664 | Arms Length |
| 2869 Royal Isle Drive | $345,000 | $114 | 3/2/2011 | 2003 | 3,036 | Arms Length |
| 9221 Shoal Creek Drive | $411,000 | $127 | 2/8/2011 | 2005 | 3,249 | Distressed |
| 8997 Bob O Link Court | $375,000 | $107 | 1/28/2011 | 1990 | 3,492 | Arms Length |
| 2286 Cobb Drive | $386,000 | $122 | 1/27/2011 | 2002 | 3,156 | Distressed |
| 2606 Wharton Cir | $395,000 | $138 | 12/16/2010 | 2001 | 2,860 | Arms Length |
| 9692 Prestancia Way | $370,000 | $135 | 12/3/2010 | 2006 | 2,738 | Distressed |
| 2722 Waterford Glen Ct | $430,000 | $114 | 11/30/2010 | 1996 | 3,780 | Distressed |
| 2684 Wharton Circle | $419,300 | $140 | 11/15/2010 | 1998 | 2,995 | Arms Length |
| 9015 Winged Foot Dr | $745,000 | $188 | 11/1/2010 | 2002 | 3,955 | Arms Length |
| 8893 Saltcoates Court | $329,000 | $141 | 10/4/2010 | 1994 | 2,338 | Arms Length |
| 2987 St Stevens Drive | $327,000 | $125 | 9/16/2010 | 1994 | 2,615 | Arms Length |
| 8881 Blackheath Way | $340,000 | $145 | 9/13/2010 | 1997 | 2,338 | Arms Length |
| 9688 Deer Valley Drive | $575,000 | $167 | 9/9/2010 | 2003 | 3,443 | Arms Length |
| 2320 Gates Drive | $382,000 | $133 | 8/16/2010 | 1999 | 2,866 | Arms Length |
| 8823 Winged Foot Drive | $354,000 | $140 | 8/11/2010 | 1997 | 2,531 | Arms Length |
| 2702 Wharton Circle | $340,000 | $120 | 7/16/2010 | 1999 | 2,844 | Arms Length |
| 3027 Golden Eagle Drive E | $760,000 | $178 | 7/1/2010 | 2005 | 4,261 | Distressed |
| 3233 Pinebrook Ct | $670,000 | $158 | 7/1/2010 | 2006 | 4,245 | Arms Length |
| 9030 Shoal Creek Dr | $625,000 | $157 | 6/15/2010 | 1996 | 3,983 | Arms Length |
| 8533 Heathcliff Court | $335,000 | $135 | 5/14/2010 | 1999 | 2,485 | Arms Length |
| 8499 Congressional Dr | $720,000 | $127 | 5/14/2010 | 1991 | 5,662 | Arms Length |
| 9640 Deer Valley | $750,000 | $189 | 5/3/2010 | 2007 | 3,977 | Arms Length |
| 2274 Cobb Drive | $423,000 | $129 | 4/30/2010 | 2003 | 3,275 | Distressed |
| 2845 Royal Isle Drive | $369,000 | $138 | 4/22/2010 | 1998 | 2,675 | Arms Length |
| 2558 Bishops Green Trail | $435,000 | $140 | 4/12/2010 | 1998 | 3,114 | Arms Length |
| 9694 Dancing Rabbit Way | $345,000 | $120 | 3/18/2010 | 2004 | 2,868 | Distressed |
| 9227 Shoal Creek Drive | $390,000 | $128 | 3/12/2010 | 2006 | 3,039 | Distressed |
| 2968 Medinah Ct. | $390,000 | $138 | 2/25/2010 | 2001 | 2,826 | Arms Length |
| 3059 St Andrews | $435,000 | $139 | 2/17/2010 | 2005 | 3,132 | Arms Length |
| 9211 Hampton Glen Ct | $458,000 | $154 | 1/6/2010 | 2000 | 2,982 | Arms Length |
If you want the best insight and assistance for buying or selling a Golden Eagle house, just drop me a note and we can schedule a time to meet and discuss your desired objectives, you'll be glad you did!
Post a Comment