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By Carl Ashton | Mortgage Broker
or Lender in Boca Raton, FL
  • Orange Park market Summary

    Posted Under: Home Buying in Orange Park  |  January 2, 2010 5:16 AM  |  264 views  |  No comments

    The median sales price for homes in ZIP code 32065 in Orange Park from Sep 09 to Nov 09 was $169,900 based on 155 sales. Compared to the same period one year ago, the median sales price decreased 10.4%, or $19,800, and the number of sales increased 46.2%. Average price per square foot for homes in 32065 was $79, a decrease of 19.4% compared to the same period last year.

    There are currently 469 resale and new homes in ZIP code 32065 on Trulia, including 1 open house, as well as 280 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 32065 was $215,695 for the week ending Dec 23, which represents a decrease of 2.1%, or $4,556, compared to the prior week. Popular ZIP codes in Orange Park include 32003 and 32073, with average listing prices of $367,600 and $205,696.

  • Community Development District Fee!

    Posted Under: Home Buying in Orange Park  |  January 2, 2010 5:13 AM  |  317 views  |  No comments
     I just had this come up and thought I should let you know......A CDD fee is a "Community Development District" fee. Many planned communities (also known as Planned Unit Developments or PUD's) in Northeast Florida have been designated as CDD's. The CDD has the authority to issue bonds for financing infrastructure improvements such as roads, sewer, water, and community amenities such as swimming pools, clubhouses, parks, etc. Many communities that charge CDD fees (but not all) do not charge additional Home Owners Association fees (HOA) for community maintenance.

    Most CDD fees can be handled like taxes by the bank that finances your home purchase and will be collected monthly and added to an escrow account to be paid at the appropriate time of the year so you don't receive an additional bill.

    In the Orange Park area the Eagle Harbor, Fleming Island Plantation, and Oakleaf Plantation communities are examples of communities that have CDD fees associated with them.

    If you have additional questions don't hesitate to call me.
 

Contact Carl Ashton

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