According to the MLS the current owner payed $1,926.48 in 2011 at 6% which means it was a secondary residence. It would be lower in it was a primary residence because you would be taxed at 4%. I hope this helps.... more
Great question! I don't think statistics from 2006 and 2007 are much help, so let me give you the most recent info.
From 1/1/2010 to 12/31/2010 72 homes sold in Legend Oaks at an Average sales price of $246,000 and were on the market for an average of 84 days
From 1/1/2100 to today 79 homes have sold in Legend Oaks at an Average sales price of $230,000 and were on the market for an average of 87 days
That being said, prices are down, mostly due to the number of short sales and foreclosures in the area. The positive thing is the market here is stable and the average days on market for a home to sell is still around the same. The number of homes sold year to date compared to the entire year last year has already surpassed last years sales. Legend Oaks is a great neighborhood, but I do agree with the other posting, that the homes on or closer to the golf course are nicer and "quieter". My opinion is it's 100% the economy affecting the prices, the neighborhood is great!... more