Town N Country Park Housing Report March 2015

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Located on the NW side of Tallahassee about a mile away from the (currently being renovated) Tallahassee Mall, Town N Country Park is an established neighborhood with homes built from the 1960s through the 1980s.

When the renovations are final and the Tallahassee Mall begins to re-energize this central location in town, I expect the economic growth to have significant and immediate impact on neighborhoods nearby, therefore Town N Country Park homeowners can expect to be beneficiaries of this large renovation effort.

In this report, we will look at prices, values, and sizes of homes in Town N Country Park, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2007.

Home Prices In Town N Country Park

For each of the three real estate graphs found below, you will find the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis. It is important to note that sales are through December for all previous years, but through the first week of March in 2014.

Average home prices have fallen 24% since last year, due to the fact that the smallest home sales in many years just occurred in Town N County Park. Home prices fell 5% in 2014 versus 2014, and much of the blame can be placed on the abundance of distressed properties that were sold. The average recorded sales price is $99,550 for Town N Country Park thus far in 2015, but expect it to end the year closer to $140,000.

Town N Country Home Prices

Home sales activity in 2014 was consistent with the best years since 2005. Thus far in 2015, there have been 2 closed home sales in Town N Country Park.

Home Values

Average home values in Town N Country Park declined in 2014, as distressed home sales has a significant impact on valuations. But we have already seen a big jump in values in 2015 with the first two homes sold.

Buyers and investors would be wise to recognize that single family homes on more than a quarter of an acre within walking distance to shopping and schools will return to high demand when the supply and demand for houses in Tallahassee stabilizes. As I have said before, you can bet an investment made in Town N Country Park today will provide an excellent return when the housing market in Tallahassee stabilizes.

Town N Country Home Values

Through March, the average value of a home sold in Town N Country Park this year has been $82 per square foot. This means that home values are still much lower than the current and future cost of replacement.

Where is the Tallahassee market headed?

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Home Sizes

The average home size sold in Town N Country Park typically falls in a range of 1,650 to 1,900 square feet, but 2015 has started off with a very small home sale that has shot the average below the normal range.

Town N Country Home Sizes

The 12 sales in 2014 averaged 1,743 square feet, but the two so far in 2015 have averaged just 1,214 square feet.

Homes For Sale In Town N Country Park

The following list of homes are the most recent listings in Town N Country Park.

[idx-listings linkid=”367319″ count=”10″ showlargerphotos=”true”]

Town N Country Park Home Sales

The following list shows home sales going back to 2002 in Town N Country Park.

Home Sales in Town N Country Park

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
916 Maplewood Ave$262,500$1812026-08-0719741,454Resale
934 Chestwood Ave$367,200$2452026-08-0720261,501New
2219 Woodlawn Dr$280,000$1332026-07-2019622,107Resale
907 Maplewood Ave$298,000$1902026-07-1619641,572Resale
2207 Mulberry Blvd$375,000$1202026-07-1519623,133Resale
2221 Woodlawn Dr$275,000$1722026-06-3019741,598Resale
911 Maplewood Ave$250,000$1462026-05-0519631,710Resale
2216 Woodlawn Dr$265,000$1612026-04-2019611,650Resale
911 Tamarack Ave$290,000$1972026-04-1319781,475Resale
926 Maplewood Ave$225,000$1022026-03-1319642,204Resale
928 Chestwood Ave$325,000$1752026-03-1319741,856Resale
908 Tamarack Ave$350,000$1212026-02-2019762,900Resale
2107 Old Bainbridge Rd$231,000$1602026-02-1719731,445Resale
2205 Woodlawn Dr$300,000$1492025-12-2919622,020Resale
2222 Woodlawn Dr$242,500$1252025-11-1019611,940Resale
2113 Mulberry Blvd$300,000$1792025-10-2019651,675Resale
2214 Yaupon Dr$305,000$1782025-08-0719891,715Resale
910 Blackwood Ave$290,000$1992025-07-0119901,460Resale
2213 Yaupon Dr$376,000$2002025-06-1319751,878Resale
2214 Mulberry Blvd$318,000$1682025-06-0919671,888Resale
2208 Yaupon Dr$250,000$1492025-05-3019751,678Resale
914 Maplewood Ave$273,000$1492025-04-2519631,828Resale
2207 Tanglewood Ter$287,500$1762025-04-1119691,634Resale
919 Chestwood Ave$325,000$1882025-02-2119611,732Resale
1007 Redbud Ave$235,000$1292025-01-2319811,828Resale
933 Redbud Ave$290,000$1942024-11-2619971,498Resale
2224 Yaupon Dr$260,000$1172024-11-1819942,230Resale
2203 Mulberry Blvd$239,000$1722024-11-1419611,391Resale
2210 Woodlawn Dr$257,000$1472024-10-0819671,743Resale
916 Maplewood Ave$245,000$1692024-09-0619741,454Resale
916 Chestwood Ave$241,000$1732024-07-1719671,394Resale
2215 Yaupon Dr$340,000$2002024-07-1019881,703Resale
2220 Woodlawn Dr$255,000$1452024-06-2819711,758Resale
2105 Old Bainbridge Rd$202,000$1292024-05-3119731,562Resale
2131 Old Bainbridge Rd$240,000$1822024-04-2919751,316Resale
2211 Mulberry Blvd$230,000$1532024-01-3119621,501Resale
2213 Yaupon Dr$339,000$1812023-12-1319751,878Resale
2218 Mulberry Blvd$250,000$1372023-11-1719621,830Resale
2210 Yaupon Dr$293,900$2032023-10-0619811,448Resale
927 Rosemary Ter$280,000$2002023-09-1319941,400Resale
1012 Redbud Ave$229,000$1242023-07-2819941,848Resale
2224 Yaupon Dr$229,000$1032023-07-2819942,230Resale
2208 Beech Dr$270,000$1692023-07-1019741,598Resale
2217 Yaupon Dr$356,000$1482023-07-0619772,399Resale
2217 Yaupon Dr$250,900$1052023-04-2819772,399Resale
930 Maplewood Ave$425,000$1622023-04-2819632,619Resale
902 Maplewood Ave$215,000$1312023-04-0719631,644Resale
917 Chestwood Ave$300,000$1632023-04-0319711,846Resale
2209 Mulberry Blvd$385,000$1512023-03-2219622,550Resale
1012 Rosemary Ter$260,000$1752022-12-0919901,489Resale
913 Tamarack Ave$230,000$1842022-10-0719811,248Resale
908 Chestwood Ave$312,000$1872022-08-0219671,665Resale
2129 Old Bainbridge Rd$202,000$1642022-07-2819751,232Resale
2211 Yaupon Dr$280,000$1682022-06-2419751,662Resale
907 Maplewood Ave$318,000$2022022-04-1119641,572Resale
2213 Tanglewood Ter$245,000$1672022-04-0819691,468Resale
2221 Beech Dr$358,700$1072022-03-3119943,340Resale
902 Chestwood Ave$295,000$1902022-03-3119671,552Resale
932 Chestwood Ave$302,000$1392022-03-1819652,179Resale
2104 Mulberry Blvd$379,300$2062022-03-1619661,844Resale
1001 Redbud Ave$250,000$1502022-01-2119791,671Resale
919 Blackwood Ave$237,500$1132021-12-0619782,100Resale
2207 Mulberry Blvd$295,000$942021-11-2219623,133Resale
2222 Yaupon Dr$215,000$1162021-11-1519941,848Resale
2101 Buckeye Ter$240,000$1212021-11-0519681,976Resale
2215 Yaupon Dr$290,000$1702021-11-0119881,703Resale
2113 Mulberry Blvd$274,000$1642021-10-2619651,675Resale
1013 Redbud Ave$205,000$1252021-10-2219941,642Resale
929 Chestwood Ave$245,000$1202021-10-2219632,044Resale
2228 Woodlawn Dr$182,700$1272021-09-0119701,437Resale
2225 Woodlawn Dr$237,500$1132021-07-3019662,100Resale
933 Blackwood Ave$259,000$1462021-07-2919781,778Resale
905 Maplewood Ave$260,000$1412021-07-0919631,844Resale
2209 Woodlawn Dr$252,500$1452021-07-0919621,736Resale
2308 Rosemary Ter$225,000$1512021-07-0919941,495Resale
931 Blackwood Ave$247,000$1272021-06-2319781,951Resale
905 Blackwood Ave$250,000$1462021-06-1420011,707Resale
916 Maplewood Ave$210,000$1442021-05-2819741,454Resale
2230 Yaupon Dr$255,000$1682021-05-2819941,517Resale
1004 Rosemary Ter$220,000$1472021-03-2219791,492Resale
2205 Beech Dr$185,000$1292021-03-1219741,436Resale
910 Blackwood Ave$220,000$1512021-03-0119901,460Resale
2204 Tanglewood Ter$205,000$1002021-02-1219642,055Resale
912 Blackwood Ave$220,000$1362021-02-0519771,622Resale
1002 Redbud Ave$235,000$1392020-12-1619781,691Resale
913 Chestwood Ave$190,000$1142020-12-1119621,674Resale
912 Maplewood Ave$180,000$1122020-12-0319631,600Resale
2216 Tanglewood Ter$177,700$1052020-09-2419941,692Resale
928 Redbud Ave$193,500$1142020-07-2419951,692Resale
927 Chestwood Avenue$219,900$1322020-07-1719631,665Resale
2131 Old Bainbridge Rd$165,000$1252020-06-0419751,316Resale
2230 Redbud Ave$257,500$1672020-05-1120171,544Resale
2217 Beech Dr$234,500$1232020-03-1719941,908Resale
2206 Woodlawn Dr$160,000$1072019-12-3019621,501Resale
2105 Mulberry Blvd$180,000$1002019-12-1019621,797Resale
902 Chestwood Ave$189,000$1222019-12-0319671,552Resale
1000 Redbud Ave$224,700$1142019-12-0219911,964Resale
908 Blackwood Ave$207,500$1272019-11-1519911,631Resale
911 Chestwood Ave$220,000$1142019-10-3119631,932Resale
2105 Old Bainbridge Rd$165,000$1062019-08-0919731,562Resale

I hope you enjoyed our March 2015 update on home sales in Town N Country Park, please feel free to drop me a note if you have questions not covered in this report.

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