Charleston Ridge is one of these newer residential subdivisions located along the northeastern side of Celeste Road, about 3.2 miles from U. S. Interstate Highway 65.

Charleston Ridge was developed with 38 residential building lots about 2 years ago. At the time of this writing, Gooden Homes, Inc. has built five Craftsman style homes. Residential lot values will generally run, in the opinion of Certified Appraiser, Albert Cheney, between $55,000 and $65,000 depending on its location within the development. There are about 60% of the lots available to purchase and build your dream home.

The most recent sale prices within Charleston Ridge range from $279,900 to $290,400 with most of the gross living areas around 2,800 square feet (minimum requirements) to 3,027 square feet. There is a two car attached garage requirement for the subdivision and an architectural review of all plans & specs. before building your home.

Call Albert Cheney, Certified FHA Approved Residential Appraiser, Cheney Appraisal Services, (251) 533-2424, for more information about real estate appraising in Baldwin County and Mobile County of Alabama. Click these web-links for even more information about Albert Cheney and the Mobile Bay Metro Area: http://www.CheneyAppraisalServices.com/ or http://www.MobileAlabamaFHARealEstateAppraisers.com. Albert is ready to answer your questions!

Charleston Oaks

The Charleston Oaks neighborhood is a popular city residential area with most home sizes ranging from 4,100+ square feet to 7,600+ square feet.

There have been around five home sales since the beginning of 2007 according to online multiple listing records. The sale prices ranged from $420,000 to $1,300,000.

Currently, as of this writing, the multiple listing service indicates five active listings: $449,900; $489,569; $546,000; $679,000; $799,999.

If you are interested in more detailed information about Charleston Oaks or any other neighborhood in the Mobile Bay Metro Area, call Al Cheney at (251) 533-2424. Click here, http://www.CheneyAppraisalServices.com, for other information.

development is the largest residential community in the State of Alabama. Lake Forest has around 3,400 property owners with approximately $38 dues per lot. This PUD development has a clubhouse, golf courses, horseback riding stables, swimming pools, tennis courts and a yacht club on Mobile Bay. Lake Forest is located on the south side of U. S. Interstate Highway 10, east side of U. S. Highway 98, and located near major regional shopping centers.

Lake Forest is conveniently located near Historic Downtown Mobile, Alabama by traveling about 15 minutes west across the I-10 Bay-Way. Gulf Shores, Orange Beach and Alabama’s white sandy beaches and blue-green waters of the Gulf of Mexico are located only about a 35-minute drive south southeast.

Currently, Lake Forest has at least thirty-eight (38) active MLS (Multiple Listing Service) REALTOR listings. Most of the listed homes have 1,300 to 3,000+ square feet (varies from unit to unit) and the asking prices will primarily range from $125,000 to $255,000.

There have been around forty-eight (48) MLS home sales in the past twelve months according to the Baldwin County Association of REALTORS. The vast majority of these Lake Forest home sales ranged from $75,000 and $210,000.

The Sales Per Month Absorption Rate is currently 4.33 homes per month in Lake Forest. With 38 active listings, the current housing supply is 8.78 months (38 active listings divided by 4.33 home sales per month).

Lake Forest ’s Median Comparable Sale Price is now $108,000 compared to $120,000 four to six months ago. The days on market (dom) appears to mostly range from 96 days to 147 days over the past 12 months.

Lake Forest ’s Median Sale Price as percentage of list price has slipped slightly over the past twelve (12) months: 96.445%, 7-12 months ago; 96.077%, 4-6 months ago; past 3 months, 94.943%.

For more information about Lake Forest, go to this weblink, http://www.lakeforestpoa.com/.

Albert Cheney, Broker of Realty Leaders Corporation, offers 3.33% listing agreements to homeowners in Baldwin County and Mobile County of Alabama. Albert Cheney has 35+- years experience in the real estate industry.

Call Albert Cheney at (251) 533-2424 or email RealtyLeaders@RealtyLeaders.biz, if you require more information about Alabama real estate and talking more about listing your home.