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Tallahassee Lis Pendens Filings September 2014

New lis pendens filings in Tallahassee did not change in September when compared to September 2013, and it marks the first time in 3 months that new filings did not rise.

Foreclosures rose significantly however, up 85% when comparing the same time periods. The recent trend of growth in lis pendens unfortunately has us concerned, as it could possibly mean that there is still a long way to go before we move the distressed properties through the market.

The growth in foreclosure sales is not alarming, as it was expected. The best way to understand the relationship between lis pendens and foreclosure sales is smoke and fire. As they say, where there is smoke, there is fire! We've been seeing a lot of smoke (lis pendens filings), so when reports of fire come in (foreclosure sales), we were prepared. The large amount of lis pendens filed in the past must clear the market now as foreclosures before we can really enjoy stabilization.

In the real estate graph below, each vertical bar measures 365 days worth of information (thus demonstrating a one-year trend each month).

The red bars measure new lis pendens filings, while the blue bars measure foreclosure sales. The fact that foreclosure sales are becoming more prominent than lis pendens filings suggests that the market is healing.

Tallahassee Foreclosure Lis Pendens

The following list shows the actual lis pendens filed during the month of September.

Tallahassee Foreclosures Filings September 2014

Subdivision Address Sqft Age Date Tax Value
HARTSFIELD ROAD TOWNHOMES 2464 EMERALD RIDGE LOOP 1,224 2000 9/2/2014 $70,674
CRAWFORDVILLE TRACE 984 BALKIN RD 1,168 2003 9/2/2014 $54,611
PLANTATION OF TALLAHASSEE PECAN 3932 WIGGINGTON RD 1,121 1956 9/2/2014 $78,456
KILLEARN LAKES 2317 TUSCAVILLA RD 1,214 1984 9/3/2014 $107,506
FOXCROFT 3108 DOWLING DR 1,604 1975 9/3/2014 $142,800
LAKEWOOD VILLAGE 5633 MOSSY TOP WAY 1,531 2008 9/4/2014 $125,501
OAKWOOD 3254 ALLISON MARIE CT 1,216 2004 9/4/2014 $68,244
HARTSFIELD HILLS 2804 SUMMER MEADOW DR 1,841 2007 9/4/2014 $100,322
11035 KELLI LOOP 1,632 1967 9/4/2014 $42,507
28-01N-01W 0 0 9/4/2014 $0
GOOSE CREEK 6138 EASTFIELD TRL 1,897 2002 9/5/2014 $167,124
K S DUPONT UNREC 507 DUPONT DR 1,798 2006 9/5/2014 $122,227
SETTLERS SPRINGS 2732 TETON TRL 1,160 1986 9/5/2014 $121,299
WINDSOR PARK 137 DAWN LAUREN LN 1,188 1984 9/5/2014 $98,747
KILLEARN LAKES 1516 COPPERFIELD CIR 1,804 1989 9/8/2014 $156,294
STERLING WOODS 5800 LUMBERJACK LN 0 0 9/8/2014 $0
HAWKS LANDING 0 0 9/8/2014 $0
VILLAS AT PINE FOREST 1143 BATON ROUGE CT 1,682 2010 9/9/2014 $108,331
COTTAGE GROVE ESTATES 1806 HOMEWOOD RD 1,317 1960 9/9/2014 $84,856
EDINBURGH ESTATES 4219 CAMDEN RD 1,773 1978 9/10/2014 $147,471
ST ANDREWS 1902 NICKLAUS CT 952 1989 9/10/2014 $60,419
07-01S-01E 920 ASHBURN DR 1,198 2006 9/10/2014 $61,463
GLEN AT GOLDEN EAGLE 1847 NEWMAN LN 1,398 1998 9/10/2014 $128,090
MABRY MANOR 2505 MCELROY ST 1,140 2001 9/10/2014 $67,893
WOODLANDS 9358 HACKBERRY DR 1,064 1981 9/10/2014 $81,348
16-01S-02E WOODSTONE RD 0 0 9/10/2014 $215,404
BRENTWOOD 2315 JIM LEE RD 1,910 1955 9/10/2014 $133,711
12-02S-01W 685 DUB RD 728 1979 9/11/2014 $24,551
CAPITAL CITY ESTATES 5916 ORCHID SEED LN 968 1996 9/11/2014 $40,503
17-02N-01W 8874 OLD BAINBRIDGE RD 2,028 2000 9/11/2014 $133,497
MABRY MANOR 1636 MABRY ST 1,368 1962 9/12/2014 $61,240
PINEY-Z 1052 KINGDOM DR 1,404 2001 9/12/2014 $112,493
SUNSET PARK 1343 LATE SUNSET WAY 1,292 2008 9/12/2014 $46,860
KILLEARN ESTATES 4853 BALLYGAR DR 1,770 1987 9/15/2014 $159,943
GROVES AT SUMMERBROOKE 7156 SHADY GROVE WAY 1,810 2002 9/16/2014 $168,423
SHILOH 2701 SHILOH WAY 2,270 1981 9/16/2014 $228,382
ARBOR HILL 3244 WHITNEY DR E 1,224 1996 9/16/2014 $112,024
OLSON LANDING TOWNHOMES 2924 OLSON LANDING RD 1,132 1999 9/17/2014 $69,139
GLEN POINT TOWNHOMES 4069 REMER CT 1,103 1996 9/17/2014 $53,336
NORTHWEST ADD TO TALLAHASSEE 608 W TENNESSEE ST 2,761 1976 9/17/2014 $354,781
33-01N-01W 578 APPLEYARD DR 61,764 1980 9/18/2014 $1,422,882
30-01N-01E 1563 PINE ST 500 1935 9/18/2014 $63,426
NATURAL WELLS 10107 GREEN FOUNTAIN RD 1,768 2000 9/19/2014 $60,237
MAGNOLIA ADDITION 811 DELORES DR 1,547 1950 9/22/2014 $116,056
3244 SUGAR BERRY WAY 1,338 2005 9/22/2014 $57,383
COLLEGE VILLA 545 WHITEHALL ST 884 0 9/22/2014 $836,345
VENTANAS 2120 DELTA BLVD 1,502 1999 9/24/2014 $102,719
TENNESSEE VILLAGE 1487 NASHVILLE DR 1,064 1987 9/24/2014 $19,519
MABRY MANOR 2831 BOATNER ST 900 1962 9/24/2014 $51,460
HAMPTON CREEK 5019 HAMPTON RIDGE AVE 1,402 2005 9/24/2014 $115,036
KINHEGA ESTATES 10663 LAKE IAMONIA DR 2,434 1996 9/24/2014 $297,646
MILLWOOD ESTATES 4359 MILLWOOD LN 3,127 1987 9/24/2014 $310,817
01-02S-05W 0 0 9/25/2014 $45,960
FOXWOOD UNREC 3759 EVANWOOD CT 2,328 2005 9/25/2014 $160,558
VALLEY GREEN 2407 BEECHNUT LN 1,250 1990 9/25/2014 $91,348
LAKE HERITAGE ESTATES 2200 LAKE HERITAGE DR 1,238 1978 9/25/2014 $128,015
TOWNSHIP ONE NORTH 1628 GARDENPARK LN 2,135 2008 9/25/2014 $214,312
FOREST HEIGHTS 1506 SHARON RD 1,232 1956 9/26/2014 $78,286
WOLF CREEK 1740 COREY WOOD CIR 1,344 2005 9/26/2014 $67,534
TIMBER LAKE REPLAT 4244 RED OAK DR 1,203 1989 9/26/2014 $89,070
RIVERWOOD ACRES 2036 PADLOCK PL 2,731 1984 9/26/2014 $244,558

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