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Tallahassee, FL Real Estate News

By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
528 Truett Dr, Tallahassee, FL Click here to Get Directions$400000 4 Beds - 2 Baths - 0.27 acres Lot Photos Maps & Local Schools Print Coming Soon till 3/14!! Location is top tier on a lot that would be very difficult to find again! Seller will replace roof prior to closing with acceptable offer. Perfect for large family needing extra space. Exterior space with unmatched potential for entertaining large groups or happy pets! Minutes from the Capital, FSU and the highway. Showings start 3/14! Follow This Home
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
4880 Quail Valley Road, TALLAHASSEE, FL Photos Maps & Local Schools Print Click here to Get Directions$930000 4 Beds - 3.5 Baths - 1.81 sqft Lot OPEN HOUSE 4/20 from 12PM - 2PM! Nestled on a sprawling 1.8 acre lot, this White Oak Construction 4-bedroom, 3.5-bathroom luxury POOL home is ready for summer! This home has a gorgeous updated kitchen with Thermador appliances, Calacatta quartz counters, beautiful solid wood and brick floors, and detailed trim work throughout. The sitting room off the kitchen works well as a supervised study space, play area, or home office. Ample space with 3 bedrooms downstairs, an additional bedroom and bath upstairs, and a HUGE 32x24 bonus space with wet bar is perfect for both watching movies and family game nights. Enjoy the expansive back porch overlook...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1513 Atkamire Dr #A & B, Tallahassee, FL Click here to Get Directions$275000 5 Beds - Photos Maps & Local Schools Print FANTASTICOPPORTUNITY on a quiet street walking distance to FSU!! Featuring three bedroom, one bath apartment UP (APT A) and two bedroom, one bathroom apartment DOWN (APT B), this property is an investors or owner-occupants dream. Both apartments feature extensively renovated interiors and many structural updates (APT A - 2019 Roof, 2018 Water Heater, 2020 HVAC; APT B - 2019 Roof, 2018 HVAC, renovated kitchen with new appliances), but also allowing the next owner to put their personal touch on the home. This ideal location is convenient to shopping, schools, parks and entertainment for home buyers or is a great investment opportunity - do not miss this one before it is...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1003 Hiawatha Drive, Tallahassee, FL Click here to Get Directions$225,000 4 Baths - 0.25 acres Lot Photos Maps & Local Schools Print Nestled in Southeast Tallahassee, this fantastic three bedroom, two bath lives large with a well appointed kitchen with updated appliances and breakfast nook opening into the living room, a separate dining or additional living space or office space, vaulted ceilings in the private & oversized master suite upstairs with his-and-hers closets, interior laundry and an abundance of windows throughout the home that allow for much desired natural light. Updates have been completed (2020 HVAC and duct work, 2019 Roof & 2021 Water Heater). This ideal location is convenient to downtown, shopping, parks and entertainment for home buyers, or is a great investment opp...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3217 Sawtooth Drive, Tallahassee, FL 3BR/3BA Single Family House offered at $90,000 Year Built 2005 Sq Footage 1,368 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 2 Parking None Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers pending lien holder's approval. Please submit prequal or pof with all offers. Open floorplan with 2 bedrooms upstairs and one downstairs. All bedrooms have their own bathroom ideal for room mate situations! Home does need to repainted and the carpet may need to be replaced in certain areas of the home. Otherwisse in good condition. Check ouit the virtual tour! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - High/Vaulted ceiling - Living room - Dishwashe...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Congress has extended and expanded the homebuyer tax credit. The modifications will become effective when President Obama signs the bill, which could occur as early as November 6, 2009. I have received numerous emails and comments from readers who asked for me to report the changes to the First Time Homebuyers Tax Credit when they occurred, and the changes most likely will occur immediately. This post will review the changes and enhancements so you should be able to understand the new housing tax credit. I The Obama Administration Says Buy A Home Buy a house and you can take part in the Obama Stimulus plan. The Obama train is printing wheelbarrow loads of money for everybody who wants to buy a home now, not just first timers! So, how does this all work? The $8,000 homebuyer tax credit...
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 The next meeting of Tallahassee's Piney Z Community Development District is this coming Monday at 6 p.m.  All residents are invited to attend.  The Piney Z Community Development District is an actual taxing body with responsibility to payoff the bonds originally issued to start the neighborhood and to maintain the community amenities. Piney Z has a community pool, fitness center, playground and several common areas.  Taking care of these items and more is the responsibility of the CDD board.  The Piney Z neighborhood in Tallahassee has over 700 residences with three blocks of duplex townhouses and the balance in single family residences.  Piney Z is a diverse neighborhood represented by a mix of retirees, government workers, private sector employees, professors and professionals.  Pine...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The Tallahassee Real Estate Blog regularly reviews Tallahassee neighborhoods in order to get a feel for what home values are doing. You can click any one of the links in the right side bar (see pictured on the right) for a list of any blogs when the corresponding neighborhood in Tallahassee is mentioned. When we last looked in on Killearn Lakes Unit 1, we noted that the home prices were holding fairly steady, though values (when looked at price per square foot) were falling. This told us that people who were buying a home in Killearn Lakes Unit 1 were buying larger homes, making the market look stronger than it appeared in standardized real estate reports. Killearn Lakes (Unit1) Home Values Home values continue to fall in Killearn Lakes (Unit 1). The best way to track real estate appre...
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 While we anxiously await October's numbers it is a good time to remember that September was our third consecutive month of increased sales over the same month last year.  Will this continue in October?    We can clearly see that new construction sales continue to lag previous years' sales.  The Tallahassee real estate market still has a good sized inventory of new construction homes to choose from at prices per square foot half of what was being sold in 2005-6. It may be second quarter 2010 before we see numbers exceeding the previous year.   As mentioned, resales continue to exceed previous year results, providing some encouragement that we are beginning to see a stabilization of the Tallahassee area real estate market.  Nothing to get excited about to be sure, but progress all the sa...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 6804 Day Star Court, Tallahassee, FL 3BR/2BA Single Family House offered at $239,900 Year Built 1992 Sq Footage 1,626 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size .63 acres HOA/Maint $0 per month DESCRIPTION Great split plan on Lake Kilkee with dock. New flooring, updated kitchen and baths. Screened porch with fabulous yard. Quiet street. Irrigation and security systems. Did you see the schools?? see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - Hardwood floor - Family room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1Photo 2Photo 3Photo 4Photo 5Photo 6 Contact info: Joe Manausa Century 21 First Re...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 260 Timberlane Rd, Tallahassee, FL 3BR/2BA Single Family House offered at $185,000 Year Built 1982 Sq Footage 1,588 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size .29 acres HOA/Maint $0 per month DESCRIPTION Well maintained home in conveniently located Lakeshore Estates. Home in move in condition and feautres laminate wood flooring, private backyard with deck, split bedroom plan. tons of speace for a growing family or for those who love to entertain. Vacant with LB. Motivated Seller! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - Family room - Living room - Dishwasher - Refrigerator - Stove/Oven - Washer - Dryer - Laundry area - inside - Balcony, Deck, or Patio ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  For those of you who like to carry a one-page summary of the current supply and demand report for Tallahassee housing, you can download this report from the right sidebar of the Tallahassee Real Estate Blog. It looks like the picture on the right and you only need to click the top link. Every month I post the updated report at this location. Relative Home Supply Dropping! As we have discussed often in the past, there exists a glut of homes for sale in Tallahassee. The Home Inventory Reports tell us not only how many homes are available (real home supply), but they also show home availability in terms of months of supply (relative home supply). Both real and relative home supply dropped again during the month of October by just over 1/2 months of supply. Currently, Tallahassee has 13.7...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Like many people who live in Killearn Lakes Plantation, I’ve discovered a great little neighborhood (56 homes) that joins Killearn Lakes to Bannerman Road. It’s called Sable Chase and it is relatively new, with new home sales that started just five years ago. Unlike some of the larger subdivisions in Tallahassee for which we report, Sable Chase has fewer than 1 home sold each month, so the trends are not as clear to see. The key to trend reporting is to have enough sales (liquidity) that you can draw clear conclusions from the data. With fewer than 1 sale per month, we see quite a bit of “noise” in the data. In the real estate graph above, the vertical blue bars show the average number of homes sold in Sable Chase each month, while the red field represents the average price trend. Like ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Tallahassee has quite a few golf courses and most of them have neighborhoods that are built around and through the golf courses. In the northeast quadrant of Tallahassee, you can find the Summerbrooke neighborhood which is also built around a locally developed golf course. The Tallahassee Real Estate Blog often visits Summerbrooke in order to keep our readers informed of the activity in the housing market. As we have seen (and reported) in the past, Summerbrooke home sales continue to be affected by the market as much as any other neighborhood in Tallahassee. Summerbrooke Home Sales Stabilizing At 2 Per Month When we measure the trend of recent home sales in Summerbrooke, we can see the market has plummeted 63% from the peak when more than 6 resale homes per month were selling. It appe...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Every time I do a Tallahassee neighborhood report featuring Piney-Z, it seems like my comments and email go from positive to negative. I have even been accused of “bashing” the Piney Z Subdivision (as if I hold a grudge against a community???). Certainly, that is not the case. Piney Z is a very desirable neighborhood located in Northeast Tallahassee, with home prices about 20% above the median for our county.  I try to do regularly updates for many of the more active neighborhoods in Tallahassee, and Piney Z falls into this category. Monthly Resales Stabilizing In Piney Z This first real estate graph features existing home sales (resales) in Piney Z, with all of the non “arms length” sales removed. It is the clearest reflection of regular market activity in the past. When you look to ...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3303 Sugar Berry Way, Tallahassee, FL 3BR/3BA Single Family House offered at $88,500 Year Built 2005 Sq Footage 1,338 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 2 Parking None Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION Investors Dream! Townhouse needs serious cosmetic repairs and has been priced accordingly. Spacious unit ideal for student rentals. Selling "as-is." Short sale - owners ready to sell today! Call Listing Agent for more specifics. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dishwasher - Refrigerator - Stove/Oven ADDITIONAL PHOTOS Photo 1Photo 2Photo 3Photo 4Photo 5 Contact info: Joe Manausa Century 21 First Realty 850.523.6118 For sale by agent/broker Equal O...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  I am always looking for ways to discover earlier signs of impending movements in the Tallahassee real estate market. The key to forecasting the future is knowing the “natural order of things” and then looking for the first signs of the first steps in the process. The best forecasters build models, based upon the end-state that they are seeking, and them work them backwards, always seeking for clues of earliest signs. For example, we could create a simple model like this: Home Sales In Tallahassee This shows the hierarchy of what must occur for us to see a turn in the housing market. We are seeking year-over-year increases in home sales. Currently, our housing market activity roughly down 34% from where it “normally” is and over 60% down from the top of the market. The following real e...
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By Eva Armstrong, Environmental Visions
(Environmental Visions)
Imagine - five bedroom home, 2500 sq ft, on beautiful 2.4 acres, new roof, recent updates for only ----    $209,000!!!  and within 15 minutes of downtown Tallahassee, Florida!                                                                                                         4223 Louvinia Drive  MLS #198336 Yes, it is a Short Sale - bank is a local lender and price pre-approved.  The staff has been very responsive and will be timely in reviewing offers received. Recent upgrades include: Roof - 2008 Kitchen Stainless Steel Appliances - 2007                              Kitchen Granite Countertops- 2007 Water Heater - 2008 HVAC - 2007 Interior painted Separate Living Room/Dining Room and a Family Room with large stone fireplace, this is the perfect house for a family with kids-- plent...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Anybody who knows me will tell you that I am an Army Football fan. I played for Army in the 1980s and I attend their annual football team reunion up at the academy each year. Recently, I had a conversation with a friend who is also a fan, but is (I believe) a little biased when reporting how well a team with a 3-5 record is really doing. Army played Rutgers this past Thursday night, but I did not watch the game. The next morning I read that we had lost the game, so I called my friend to see how the team had performed. Our Conversation Me: So did you watch the game? Him: Yes! Man we had it right in our hands. Me: Really? Him: Yeah, we really looked strong. We took the opening drive and shoved it right down their throat. We ran 11 plays and scored a touchdown. We were dominating. Me: Oh...
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By Jane Peterson
(Alliluja)
Great single family home in one of the best Tallahassee, Florida neighborhoods.  Best elementry, middle and highschool school district.  Beautiful Florida room and beautiful large fron and back yard.  Rent to own is also considered.  Owner will negociate on the selling price. To directly access this property, use this shortcut: http://www.fizber.com/florida-buy-single-family-home-11648563.html
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3525 Lands Ends Lane, Tallahassee, FL 3BR/2BA Single Family House offered at $155,000 Year Built 2003 Sq Footage 1,249 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspecified Parking 1 Car garage Lot Size .28 acres HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers pending lien holder's approval. "As Is' sale-Absolutely gorgeous home on beautiful private larger lot on culdesac. Backs up to green space. Wonderful front porch & high ceilings. Gorgeous rich wood gleaming floors in living, dining & hallways! Classy 20" ceramic tile floors in kitchen & baths - Huge master suite! Currently leased until November 30th. Please contact tenant with 24 hr notice. see additional photos below PROPERTY FEATURES - Central A/C - Central heat...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The newest home sales numbers are showing that Southwood is finally showing signs of stabilization, mostly in the number of homes sold though average home price drops seem to have slowed as well  If you are a regular reader of the Tallahassee Real Estate Blog, then you know that we have reported on the Southwood Subdivision in Tallahassee for several years now, and have not been seeing much good at all. While it is way too early to that a bottom is in sight for Southwood, I would think that it will all depend on new construction levels over the next 12 months. Currently, there are about 9 months of supply of homes for sale in Southwood in the $200K – $300K price range. If builder activity remains low, it should hit a stable level of 6 months of supply sometime early in 2010. New Home C...
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 Time is really running out!  If you have been thinking about utilizing the $8,000 tax credit and have heard it might be extended, don't be fooled.  Hopefully you have heard about the"one in hand?" There may or may not be a renewal, but one thing is certain...YOU NEED A PLACE TO LIVE!  It will be difficult, but if you ask thisTallahasse Realtor you need to get your new home under contract this weekend.  Closing time frames have only increased and it will not be easy to close before November 30th, but there is still time if you act today.  Remind yourself of these truths... -I do not know what the stock market is going to perform. -I do not know what interest rates are going to do. -I do not know how the commodities markets are going to perform. I DO KNOW THAT I NEED SOMEWHERE TO LIVE AN...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 1812-F W Tharpe St, Tallahassee, FL 1BR/1BA Single Family House offered at $56,500 Year Built 1983 Sq Footage 630 Bedrooms 1 Bathrooms 1 full, 0 partial Floors 1 Parking None Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION Priced to sell - bring all offers! Great investment purchase particularly in this location! Perfect for a frist time buyer. Move in ready--- great shape. HOA replacing roof. Vacant - lock box - check it out!!! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Washer - Dryer - Laundry area - inside - Balcony, Deck, or Patio ADDITIONAL PHOTOS Photo 1Photo 2Photo 3Photo 4Photo 5Photo 6 Contact info: Joe Manausa Centur...
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