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REO Single Family Sales in Baldwin County (2008)

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Real Estate Agent with Keller Williams Realty ARE# 84291-0
We have a received a number of calls from potential buyers looking for REO properties in our area. REO (Real Estate Owned) properties are those owned by banks or other financial institutions. These questions have prompted us to research what REO properties are being purchased in our area. So far this year, there has been 33 REO sales of single family homes in Baldwin County according to the Baldwin County Association of Realtors. This number is much higher than what was reported at this time last year. There were 8 such sales last year at this time. We anticipate the number of available REO properties will continue to increase. Here is a list of what has sold as of today: Google Docs - reo statistics

MLS #AddressSubdivisionBR/sBa/sLiving AreaDOMSoldList PriceSold PriceDifference% Diff

11289417067 Slash Pine RunRiver Pines5426003451/25/2008$650,000$627,550$22,4503.45%

12136614225 Laura Lea CircleThe Cedars4220272091/29/2008$175,200$165,000$10,2005.82%

122334107 Georgia AvPlantation Hills3215001771/16/2008$104,900$99,000$5,9005.62%

12255426625 Martinique DrTerry Cove North2416972072/15/2008$399,900$399,901-$10%

12256925555 Canal RoadBay La Launch4218721621/3/2008$81,900$76,500$5,4006.59%

1247349416 Mosley RdFairhope3229001702/27/2008$174,900$170,000$4,9002.8%

1249316643 Mighty Oaks DriveMighty Oaks3218001652/28/2008$154,339$147,000$7,3394.76%

1255023922 Bella LaneThe Preserve At W B4432001131/17/2008$789,900$650,000$139,90017.71%

12555310790 Hwy 138Cross Roads3214961552/29/2008$73,500$73,000$5000.68%

1258573650 Cotton Bay DriveCotton Bay3215481623/12/2008$139,900$121,000$18,90013.51%

126188232 Harrison CirThe Highlands4218001432/28/2008$145,000$105,000$40,00027.59%

12635046007 Sunrise DrBay Minette3218391483/6/2008$124,000$110,300$13,70011.05%

12636524377 Sailfish LaneLauder Pl3215001463/5/2008$144,900$145,000-$100-0.07%

1266218189 Pecan CtPecan Trace4218201172/12/2008$164,900$173,000-$8,100-4.91%

1266372576 Ashford Park DriveAshford Park3215511182/12/2008$139,900$137,900$2,0001.43%

12666222662 Hwy 55Hoiles Heights22872911/9/2008$114,500$114,000$5000.44%

1276823650 Jordan CourtKelsey Place4217201223/14/2008$154,900$154,900$00%

127887537 21st AvGulf Pines2211901133/3/2008$109,900$80,000$29,90027.21%

1283325484 Bear Point AvenueBear Point3210001043/10/2008$119,900$105,500$14,40012.01%

128611107 Lake Forest BlvdLake Forest321327591/31/2008$109,900$114,325-$4,425-4.03%

12877624795 Hwy 54Daphne211000321/10/2008$51,900$60,000-$8,100-15.61%

128832409 Creekview AveVenetian Isles321100602/7/2008$227,900$206,000$21,9009.61%

1288371368 Beach BlvdC T Martin321800531/31/2008$403,900$370,000$33,9008.39%

128897208 Driskell AvGreen Acres421776521/30/2008$89,900$89,000$9001%

128948511 6th AvAaronville Comm321152762/26/2008$23,000$20,000$3,00013.04%

1292364001 Serene CtSerene Cove321500692/26/2008$129,900$120,000$9,9007.62%

129240380 Cotton Bay LnCotton Bay321500793/7/2008$144,900$142,900$2,0001.38%

12958614708 Pawnee CourtWynwood322011752/18/2008$167,895$150,000$17,89510.66%

12965423380 Blackwater LnRobertsdale311200181/24/2008$50,900$50,399$5010.98%

130251309 Elm StMimosa Place311000583/14/2008$50,000$52,000-$2,000-4%

13056226136 Via Del San FrancescLa Casa Di San Franc322694332/29/2008$229,900$229,900$00%

13086818753 Hwy 12A Dependent32120882/12/2008$99,000$99,000$00%

1316684775 Holder DrBurkart Estates433500323/21/2008$409,900$410,000-$100-0.02%

TOTALS$6,151,234$5,768,075$383,1596.23%
Please let us know if you have any questions. We will be happy to send you a list of what REO properties are currently available. Please visit our website at www.GulfRegionProperties.com.

 

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