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GATEWOOD ESTATES Subdivision Information Provided By Al Cheney, FHA Appraiser Within Mobile, Alabama!

By
Real Estate Appraiser with CHENEY APPRAISAL SERVICES

GATEWOOD ESTATES is one of the newest smaller subdivisions located within the Dawes Lake area, east side of Dawes Road, just north of Dawes Lake Road. The average price per square foot is $122.49. The average asking price is now $313,711. There are currently around 9 active listings on the market.

Sold Properties

Total # of Listings
12

Lowest Price Listing
$284,900

Highest Price Listing
$373,000

Average Price
$324,600

Avg. Price/SqFt
$122.49

Avg. Days on Market
182

Active Properties

Total # of Listings
9

Lowest Price Listing
$249,900

Highest Price Listing
$389,900

Average Price
$313,711

Avg. Price/SqFt
$119.64

Avg. Days on Market
121

GATEWOOD ESTATES SUBDIVISION plat map link: http://urban.cityofmobile.org/urban_pc/reports/16gatewoodsub200500167.pdf. The plat will illustrate the 37 lot, 19.5 acre + subdivision which is located on the west side of Dawes Lake Road East, 270 feet + south of Vintage Woods Drive. The subdivision is served by public water and sanitary sewer. The purpose of this application is to create a 37-lot subdivision from one parcel. The proposed lots will generally be 15,000 square feet in size.

For additional information on Gatewood Estates located within western Mobile, go to http://www.jcraighomes.com/index.html.

This information was obtained from the Mobile Area Association of REALTORS online multiple listing service (MLS) as of 01 AUG 2009. Albert Marshall Cheney is an active member and broker. Albert Cheney is a Certified Residential Real Property Appraiser and FHA/HUD Approved Appraiser within the State of Alabama.