Parkland Parrot

Parkland Taxable Home Values Increase For 2nd Year In A Row

Taxable Home Real Estate Home Values Increase For 2nd Year

More exciting real estate news for Parkland and Broward County homeowners!  I have been writing article for the past 8 months expressing that our local Parkland and South Florida real estate market is rebounding.  Inventory is low, and demand is high! 

More proof that the Parkland real estate market is getting stronger came when the 2012 Estimated Tax Values from the Broward County’s Property Appraiser’s Office were recently released projecting that 2012 tax roll values would “remain relatively flat.”  But, in particular, the City of Parkland, Florida was one of the few municipalities that actually toped the list for a 4% estimated taxable increase in home values for 2012.

Parkland Mayor Michael Udine was quoted as saying: “What’s important here is that the residential property has increased in Parkland showing continuing confidence in the market and the values that Parkland can offer to its residents.”  The result of property values increasing will continue to help stabilize and even help grow the City of Parkland.  Buyers are flocking to our city in order to take advantage of the many features and benefits and live the Parkland Lifestyle.  Parkland’s City Manager, Caryn Gardner-Young, was elated when she heard about the news. “There’s a draw to Parkland because of its ambiance and home town feeling and the fact it is a very well-run city.”

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

39 Parkland Single Family Homes Sold in April 2012

Parkland Real Estate Single Family Market Home Update For April 2012 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Pool?	Water View?	Square Feet
8731 Valencia Court	Regular Sale	Majestic Grove	$2,000,000	5/5.5	Yes	No	7,139
7620 N. Cypresshead Drive	Regular Sale	Cypress Head	$1,316,000	6/6.5	Yes	Yes	6,800
6620 Holmberg Road	Short Sale	Pine Tree Estates	$1,235,000	5/5.5	Yes	No	7,900
6850 Long Leaf Drive	Regular Sale	Parkland Golf & Country Club	$1,125,000	5/4.5	Yes	Yes	5,142
6840 Long Leaf Drive	Regular Sale	Parkland Golf & Country Club	$995,000	6/5	Yes	Yes	4,683
6823 NW 116th Avenue	Regular Sale	Heron Bay – Olde Brooke	$915,000	6/5	Yes	Yes	4,800
7216 NW 65th Terrace	Regular Sale	Pine Tree Estates	$835,000	5/4.5	Yes	No	4,776
6273 NW 75th Way	Regular Sale	Pine Tree Estates	$675,000	5/4.5	Yes	No	4,200
6192 NW 88th Avenue	Regular Sale	Grand Cypress Estates	$660,000	5/4	Yes	No	3,593
7578 NW 117th Lane	Regular Sale	Heron Bay – Highlands	$646,000	5/3	Yes	Yes	3,433
5903 NW 97th Drive	Regular Sale	The Landings	$643,000	5/4	Yes	Yes	3,818
7293 NW 116th Lane	Regular Sale	Heron Bay – Highlands	$630,000	5/3	Yes	Yes	3,220
9547 Cinnamon Court	Regular Sale	Parkland Golf & Country Club	$612,500	4/3.5	Yes	Yes	3,503
12580 NW 65th Drive	Short Sale	Heron Bay – The Estates	$610,000	5/4	Yes	No	3,437
6290 NW 66th Way	My Regular Sale	Pine Tree Estates	$608,000	5/3	Yes	No	2,964
12210 NW 71st Street	Bank Foreclosure	Heron Bay – Edgewood	$600,000	5/4.5	Yes	Yes	3,705
10055 Bay Leaf Court	Short Sale	Parkland Golf & Country Club	$550,750	6/5	Yes	Yes	4,711
6097 NW 79th Way	Regular Sale	Pine Tree Estates	$540,000	4/2.5	Yes	No	3,349
6611 N. Woodridge Drive	Bank Foreclosure	Cypress Head	$536,550	5/4	Yes	No	3,867
7155 NW 67th Way	Regular Sale	Ternbridge	$505,000	5/3.5	Yes	Yes	3,212
11082 NW 81st Manor	Regular Sale	Heron Bay – Meadowbrook	$485,000	4/3	Yes	Yes	2,825
12500 NW 79th Manor	Regular Sale	Heron Bay – Sable Pointe	$480,000	5/3	Yes	No	2,978
7648 NW 122nd Drive	Short Sale	Heron Bay – The Greens	$478,000	5/3	No	Yes	2,943
10974 NW 71st Court	My Regular Sale	Parkland Isles	$472,500	5/3	Yes	No	3,227
6429 NW 99th Drive	Regular Sale	Meadow Run	$471,000	5/3	Yes	Yes	2,906
9924 NW 65th Manor	Regular Sale	Meadow Run	$455,000	5/4	Yes	No	3,067
6116 NW 63rd Way	Regular Sale	Pine Tree Estates	$440,000	4/2	Yes	No	2,222
6315 NW 71st Terrace	Bank Foreclosure	Pine Tree Estates	$440,000	4/2	Yes	No	2,231
8325 NW 125th Lane	Regular Sale	Heron Bay – Sable Pointe	$425,000	5/3	Yes	Yes	3,292
10660 NW 62nd Court	Regular Sale	Parkland Isles	$425,000	4/3	Yes	No	2,870
7721 S. Woodridge Drive	Regular Sale	Cypress Head	$390,000	4/3	Yes	No	2,414
10790 NW 80th Circle	Bank Foreclosure	Heron Bay -Creekside	$378,000	3/2.5	Yes	Yes	2,418
8179 NW 106th Lane	Regular Sale	Heron Bay – Creekside	$355,000	3/2.5	No	No	2,286
6520 NW 74th Drive	Regular Sale	Whittier Oaks	$325,000	4/2.5	Yes	Yes	3,033
8186 NW 105th Lane	Short Sale	Heron Bay – Creekside	$321,000	3/2	No	Yes	2,182
5701 NW 63rd Place	Regular Sale	Sable Pass	$320,000	4/2.5	Yes	No	2,298
12411 NW 78th Manor	Regular Sale	Heron Bay – Heron Cove	$320,000	3/2	No	No	2,056
6474 NW 80th Drive	Regular Sale	Mayfair At Parkland	$310,000	4/2.5	Yes	Yes	2,102
7570 NW 75th Drive	Bank Foreclosure	Whittier Oaks	$295,000	5/3	Yes	Yes	2,336

There were 39 total single family sales for the month of April 2012 ranging in price from $295,000 to $2,000,000. In April, 2012, there were a total 38 Parkland Single Family Homes. There was 1 more Parkland single family homes sold in the month of April, 2012 than in March, 2012. Among the April sales, 10 were distressed sales (bank foreclosures or short sales). 26% of all sales were distresses ones.

The single family real estate market in Parkland, FL is on fire!  Homes sales again were steady from last month. Also, distressed properties are also approximately 1/4 of all sales,which is very low in comparison to other neighboring cities such as Coral Springs or Coconut Creek.  Parkland is a more stable city causing more and more people to call the city home for their families.

Other exciting real estate news is that 4 homes sold for over a million dollars in the month of April, 2012.  As a result, Parkland luxury real estate is selling well!  This month’s market update proves that the market is stabilizing.  Inventory is at records low levels resulting in less supply and more and more demand.  I foresee this sales trend continuing this Summer, as even a larger pool of buyers will be entering the real estate market eager to purchase a home in the City of Parkland.  We could possibly see the busiest real estate Summer in years!

As a result, if you are thinking about selling your home, now is certainly the time.  With less competition, especially distressed sales, your home will get immediate attention from qualified buyers ready and able to offer top market dollar for your home.  Your home sale could be next!  Please give me a call directly at: 954-609-0591 for your customized comparative market analysis.  Let my full service and aggressive marketing plan work for you and your family!  After you sell your home, you can still take advantage of the record low interest rates for your next home.  It is truly a win win for your next real estate move!   If you would like to know what your home is worth and what you can afford when purchasing a new home, please give me a call.

Parkland is one of the most desirable areas in all of South Florida. It is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home resale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Just Listed Parkland Reserve Pool Home Less Than Two Years New

My Featured Listing – Parkland Reserve – 7426 NW 113th AVE, Parkland, FL 33076

Asking Price: $375,000
2,386 Square Feet
3 Full Bedrooms
2 Full Bathrooms
2-Car Garage
$114 Per Month – Association Dues
Click Here For Full Details, Pictures, & Google Maps Of This Property

NOT A Foreclosure Or Short Sale! This Home Is Practically Never Lived In And Is Less Than 2 Years New .  Home Has 3 Full Bedrooms And 2 Full Bathrooms.  Owner Put An Additional $55,000 In Upgrades When They Purchased Home From Prestigious Builder Centerline Homes. Home Has Very Spacious And Oversized Lot With A Fenced Backyard Area Perfect For Entertaining And For Pets.

Home Also Features Heated Swimming Pool & Covered Lanai Area.  Home Has Full Impact Glass Doors & Windows Which Will Help Cut Down Significantly On Your Yearly Homeowner’s Insurance.  Huge Fence Surrounds The Back Of The Home With Lush Tropical Landscaping. Lowest Monthly Homeowner’s Dues In West Parkland Of Only $114 Per Month.

Click Here For Full Details, Pictures, & Google Maps Of This Property

Other Features Include An Amazing Kitchen With Granite Countertops, Stainless Steel Appliances, Wood Cabinets With Custom Built-Ins, Spacious Custom Pantry, Separate Utility Room With Tub, Tile Floors In Living Areas, Wood Floors In Beds, Separate Tub & Shower And Dual Sinks In Master Bath With Granite Countertops And Wood Cabinets In Master Bath, Huge Master Bedroom Walk-In Closet With Built-In’s.

The Area Around Parkland Reserve Also Offers Great Schools & Close Proximity To Parks And Recreational Activities For The Entire Family.  You Only Have To Bring Your Toothbrush To This Parkland Gem!  This Property Will Not Last Long.  If You Are Interested In Previewing The Home, Please Give Me A Call Directly At: 954-609-0591.

Click Here For Full Details, Pictures, & Google Maps Of This Property

Click Here To View Acadia Floor Plan

For more information on this amazing home in Parkland Reserve, please contact me directly at: 954-609-0591.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

6620 Holmberg Road Pine Tree Estates Short Sale Mansion Finally Sells

6620 Holmberg Road In Pine Tree Estates Finally Sells And Closes At $1,235,000

After many years on the market, the popular mansion that sits on Holmberg Road finally closed for a sales price of $1,235,000.  The buyer purchased the home for cash.  Many Parkland residents pass by this home as they come in and out of East Parkland.  Finally, the home has sold.  The buyer certainly got a great deal on this custom dream home with 7,900 square feet of living area.

This stunning, oversized custom home was built in 2006 and is 7,404 square feet under air conditioning. The home sits on 2.5 acres and you can’t miss the prestigious entry gate with a long pavered driveway. It features 5 full bedrooms and 4.5 bathrooms.  The back patio area is perfect for entertaining guests for formal events or summer barbecues.

This home is for the luxury buyer looking for every bell and whistle. Some of the many features include a gourmet kitchen, resort style pool and spa, and prestigious stone columns and balconies. The highest price the home was ever listed at was $4,675,000 back in 2007. So, the home has been reduced by just under 3.44 million dollars!

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Sellers Asking For Post Occupancy Agreements Says Parkland Real Estate Agent Sun-Sentinel Story

Post Occupancy Agreements Are Becoming Popular In Today’s Real Estate Market

Imagine that as soon as you put your home on the market for sale, you immediately have a buyer ready to purchase your home for top market dollar.  No, I am not talking about the old real estate market before the boom.  I am talking about today.  Homes that are priced well and are in desirable neighborhoods and cities with excellent schools safe communities are selling very quickly and for high prices.

3 of 4 of my last closings where I represented the sellers needed post occupancy agreements, as the homes sold quickly.  My sellers were amazed at how quickly their homes came on and off the market so quickly.  But, most of my sellers did not expect to be asked to move so quickly.  Plus, my sellers wanted to keep their children in the Parkland school system until at least the last day (June 7, 2012).  I was able to negotiate a post occupancy agreement with all three parties.  A post occupancy agreement is like a short-term lease agreement, where after the closing, the sellers stay in the home and pay a pro-rated amount of rent to the new buyers until they vacate the property.

The Sun-Sentinel featured two of my recent sellers and myself in today’s article: Home sellers staying after deals close. Most buyers wish to occupy the property right after closing.  But, if the home is located in a desirable location and priced correctly, a buyer may have to agree to the sellers’ demand for a post occupancy agreement or they may loose the chance to by the home to another interested party.  I had multiple buyers interested in my listings allowing for me to negotiate into the deal that sellers be allowed to stay in the home after closing.  As a result, my sellers did not have to be pushed out of their homes and can allow for their children to finish the school year.  Also, my sellers can get their money from proceeds of the sale and use them to help with their moving costs.

I would recommend to have an attorney draw up a post occupancy agreement in order to make sure that all parties are protected.  The real estate market is heating up!  If you are thinking about selling your home, now truly is the best time, as inventory is low and buyer demand is high.  I can help market and negotiate the best price and terms for your home.  I want to also thank my clients, Shannon and Melissa Santee, who I sold their home in Parkland Isles as well as Gregg & Monica Sherman, who I sold their home in Meadow Run.  Both of these clients, who are featured in the Sun-Sentinel article, received top market value for their homes and were able to stay after closing through a post occupancy agreement.  It was a win win for my clients, and I am glad to help meet and exceed their real estate expectations during the selling process.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.