SouthWood Real Estate Services » SouthWood Fees

What is the St. Joe community enhancement fee?

Nathan Cross — Wed, 14 Jan 2009 04:36:44 +0000

Community Enhancement Fee is used to fund the Art of Living program. The Art of Living Program is unique to the Southwood Community. It was created to keep a sense of community through a variety of fun and educational activities for all ages throughout the calendar year. The Community Enhancement Fee is a fee incurred for all resale (any transaction that is not through the Builder or Developer) purchases in Southwood. The fee is based on a percent of the gross selling price and the amount decreases every three years as shown below.
January 1, 2008 – December 31, 2010    (1% of selling price X 0.4%)
January 1, 2011 – December 31, 2013     (1% of selling price X 0.3%)
January 1, 2014 – December 31, 2016     (1% of selling price X 0.2%)
Thereafter: (1% of selling price X 0.1%)

For more information about buying a home or townhome in SouthWood Tallahassee, Florida please feel free to contact me anytime and also take a look at my list of homes for sale in SouthWood.

Nathan Cross, Realtor
The Naumann Group Real Estate, Inc
SouthWood Tallahassee, Florida
(850) 443-2125
nathan@southwood.me

Are you looking for a Realtor in SouthWood to help you find that special home for you and your family. I would be honored to work with you. Remember it cost's you nothing to use a Realtor when you're buying real estate, so why not give me a call today?

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Nathan Cross, Realtor
The Naumann Group Real Estate, Inc
SouthWood Tallahassee Real Estate Specialist
(850) 443-2125
nathan@southwood.me

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What is an Estoppel Fee?

Nathan Cross — Fri, 05 Dec 2008 22:25:45 +0000

The estoppel fee is an administrative charge accessed by the HOA that takes one owner out of the home owners association and moves the new owner into the association. Unlike the community enhancment fee wich applies to resales only, the estoppel fee applies to ALL transactions. This is normally a seller expense on re-sale transactions but it is negotiable. The charge is $250.

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What is a CDD?

Nathan Cross — Fri, 05 Dec 2008 22:11:05 +0000

CDD stands for Community Development District. SouthWood is part of the Capital Region Community Development District. A CDD is basically another layer of local government that takes care of everything NOT covered by the City of Tallahassee and the Home Owners Association. In SouthWood, the CDD provides for maintenance of the parks, lakes, green areas and alley ways that run through the back of many homes. The assessment will be presented as a line item on the home owner’s propery tax bill and is paid to the tax collector. The assessment is based on the size of the home site (lot). One of the main reason that SouthWood looks so good, is because of the CDD. They keep things looking great, and that adds to the desirability of the community.

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Break down of the H.O.A fees for Townhomes in SouthWood, Tallahassee

Nathan Cross — Sun, 23 Nov 2008 21:25:13 +0000

I wanted to write my first post about something that I get asked a lot about, the H.O.A fees in SouthWood. There seems to be a lot of miss information out there, so I thought I would try and set the record straight.

SouthWood Quarterly Dues

$192.48 every 3 months broken down in the following way:

$111 pays for the H.O.A administration and management, as well as the upkeep of the community center and surrounding five acres.

$81.48 pays for the bulk rate agreement with Embarq for Internet service to each completed townhome.

Townhome Monthly Dues

$184.00 covers insurance on the townhome from the dry wall out, lawn maintenance, and routine maintenance to the exterior of the townhome.

information is subject to change.

Break down of the H.O.A fees for homes in SouthWood, Tallahassee I wanted to write my first post about something that I get asked a lot about, the H.O.A fees in SouthWood. There seems to be a lot of miss information out there so I thought...
SOLD – 2482 Goldenrod Way Southwood Tallahassee SouthWood 2482 Goldenrod Way Tallahassee, FL 32311 4 bedrooms & 3.5 bathrooms 2876 sq ft. David Weekleys Octavia model. Elegant two story home that has soaring 10 foot ceilings, custom details, impressive hardwood floors...
SOLD – 2461 Lantana Lane SouthWood Tallahassee 2461 Lantana Lane built by David Weekley Homes, Located in SouthWood Tallahassee. This home has 2691 Sq feet of living space, with a gorgeous view from the covered front porch. There are 4 bedrooms...

Break down of the H.O.A fees for homes in SouthWood, Tallahassee

Nathan Cross — Sun, 23 Nov 2008 20:38:34 +0000

I wanted to write my first post about something that I get asked a lot about, the H.O.A fees in SouthWood. There seems to be a lot of miss information out there so I thought I would try and set the record straight.

SouthWood Quarterly Dues

$192.48 every 3 months broken down in the following way:

$111 pays for the H.O.A administration and management, as well as the upkeep of the community center and surrounding five acres.

$81.48 pays for the bulk rate aggreement with Embarq for internet service to each completed home & townhome.

Break down of the H.O.A fees for Townhomes in SouthWood, Tallahassee I wanted to write my first post about something that I get asked a lot about, the H.O.A fees in SouthWood. There seems to be a lot of miss information out there, so I thought...
SOLD – 2482 Goldenrod Way Southwood Tallahassee SouthWood 2482 Goldenrod Way Tallahassee, FL 32311 4 bedrooms & 3.5 bathrooms 2876 sq ft. David Weekleys Octavia model. Elegant two story home that has soaring 10 foot ceilings, custom details, impressive hardwood floors...
SOLD – 2461 Lantana Lane SouthWood Tallahassee 2461 Lantana Lane built by David Weekley Homes, Located in SouthWood Tallahassee. This home has 2691 Sq feet of living space, with a gorgeous view from the covered front porch. There are 4 bedrooms...