North Hill Subdivision

Hard Market For North Hill in 2010

2010-08-30T20:51:00.000-07:00

The market in North Hill has been hit hard this year. Currently there are 21 homes for sale in North Hill, but the only property that has sold all year is a house that I listed and sold back in April, 2010. Here is the only home that has sold in North Hill this year, so far: http://41briarcliff.blogspot.com/

Unfortunately, part of the problem with property sales this year is the fact that sellers seem to think that market prices are still in competition with the market as it was during the 2 years after Hurricane Katrina, when the market was over-inflated. The sad thing is that sellers probably aren't being given the correct information about what this market is doing, and haven't been educated on what properties should be priced at, in order to sell.

Let's take a closer look at the current market in Pearl River County, MS:

Since January, there have only been 11 houses (in Pearl River County) sold that were built since 1998, and have between 2000-4000 sq ft living area, with less than 3 acres, that are comparable to the majority of the homes in North Hill. The average Selling Price of these homes is $244,273 which is $94.40 per sq ft (heated and cooled area). Click to see those Houses Sold In Pearl River County.

If we look at the homes currently for sale in North Hill, we will see that the current average price per square foot (of the 21 houses) is $114.98. Now North Hill usually yields a higher price per square foot, but with only one home selling over the past 8 months, an appraiser is forced to go outside the neighborhood to find comparable properties when completing an appraisal. That means that houses outside the neighborhood will have to be used to establish a market value on any pending contracts.

Fact of the matter is, only the homes that are priced within the current market have a very good chance of selling.

If you are looking for a home that is priced to sell in North Hill, be sure to check out these listings: Current Deals In North Hill, Carriere MS.

If you are thinking about selling your home in North Hill, please give me a call - Michelle Fradella, Broker - Pinnacle Real Estate Services - 601-569-0075

Not Pretty . . . YET.

2010-05-19T14:08:00.000-07:00

As with any facelift, it always gets ugly before it is beautiful. We are currently experiencing a major, much needed facelift on the main road through Phase I of North Hill that started this past Monday.

The roads were especially hazardous yesterday and early this morning, thanks to a dumping of heavy rain we received in the evening hours Tuesday, while we were under a tornado watch, as the road way has been completely ground and a new, more durable surface will be installed.

The school bus for our neighborhood got stuck in the mud yesterday afternoon, so the bus driver has asked that property owners, within the area that the road is under construction, please take their children to the front of the subdivision (at the corner of Long Lake and North Hill Drive), to catch the bus at 6:50am, while construction continues.

This is going to be a major speed bump in everyone's travel plans, but the end result will be worth it. Please have patience and be careful!

~Michelle Fradella, President
North Hill Property Owner's Association

Your 2010 Board of Directors

2010-04-05T21:41:00.000-07:00

The Board of Directors for the North Hill Subdivision for 2010:

President - Michelle Fradella
Vice-President - Alan Murray
Secretary - Jerry Boatman
Treasurer - Sonny Hedges
Member At Large - James Fleming

2009-08-05T09:53:00.001-07:00

Volunteers from the North Hill Property Owners Association helped out with the maintenance and clean up of the entrance of the subdivision this past Saturday, July 11th. It was an extremely hot morning, but residents who care about their subdivision showed up to assist in weeding, pressure washing, trimming, and clean up to spruce up the main entrance of North Hill.

Market Update - June 2009

2009-06-11T10:11:00.000-07:00

The June mark is a good time to assess how our market is holding up. Over the past year, there have been 5 properties sold, with most of these homes having under 3,000 square foot living area. Our average price per square foot is now up to $119.00. If you remember from my previous post, this is up from $104/sq ft.

North Hill has always been a desirable neighborhood, and I think the average Days on Market reflects that, with the average being 31 days (over the past year). Pricing is always a key factor in determining the length of time a property sits on the market, and these houses have demonstrated that if the property is priced right, it will sell. These homes sold an average of 96% of listing price.

For a 2443 sq ft house (heated and cooled), the value is currently at $290,717. This is great news for our community, because we have continued to appreciate in value over the past year.

If you have any questions about today's market, or the figures from above, please call Michelle Fradella at Pinnacle Real Estate Services - 601-799-1848 or 601-569-0075.

Quarterly Meeting Held

2009-06-03T19:43:00.000-07:00

Our Quarterly meeting was held for the North Hill Property Owner's Association on May 23rd, 2009, at Coast Electric. We had a larger attendance this meeting than we had at the Annual Meeting held in January. President, Michelle Fradella; Vice-President, Alan Murray; Treasurer, Sonny Hedges; and Member At Large, James Fleming, were in attendance.

Items discussed were the increase in membership dues, insurance quotes for the new pavilion and walking trail in Phase V, committee volunteers for the ARC (Architectural Review Committee), and committee volunteers to help maintain the front entrance until the end of the year.

Anyone wishing to volunteer for the ARC or the front entrance maintenance, please call Michelle Fradella at 601-569-0075.

We were also priviledged to have in attendance our District 5 County Supervisor, Sandy Kane Smith, who spoke to us about the road maintenance and repair that will be going on at the front of the subdivision where there has been some road deterioration which has become an emergency situation. Funding from a State Project grant will be used to fix the culverts and roadway. Mr. Smith also handed out his business cards and encouraged any property owners to call if they have questions. His office number is 601-403-2300 and his cell phone number is 601-916-2317.

North Hill Market Perspective

2009-03-21T17:45:00.000-07:00

You hear the media - the real estate market has tanked . . . prices are the lowest they've been in years. . . all the depressing stories that the news media would have us believe.

BUT . . . let's put this all into perspective. How is OUR MARKET today? The national media has grouped all areas of our fine Country into one big database, allowing the overinflated numbers of the decline in value that California and Florida have experienced, to set the stage. But what if we focused on just our neck of the woods? The North Hill Subdivision, in Carriere, MS, is a well established neighborhood, which continues to thrive, even in today's market.

Let's turn back the clock, and look at the market we were experiencing before Hurricane Katrina blew in and altered our world. During the year 2005, from January 1st to August 15th (and I use August 15th because Katrina hit on August 29th), the average price per square foot for a home in the North Hill community was $92.13. This is the calculated price of the heated and cooled area of the home, based on the sales that took place during that time frame.

Now let's look at the numbers for what has been deemed the "worst real estate market in over 50 years". Currently (based on sales from January 1st to today, 2009), the average price per square foot is $104.40 (based on sales of homes with 2200-2500 sq ft living area). This is almost a 13% increase in value over the 2005 figures.

I feel it's important to look at these numbers, removing the over-inflated numbers that Hurricane Katrina caused in our area because of the demand for homes for those that lost their properties in the New Orleans and Gulf Coast regions. Most people's perceptions are that the property values in our area have tumbled. When looking at what property values were in 2005, and what they are today, we can see that we continue to appreciate at a normal rate.

If you would like to know more information about the value of your home, please call me, Michelle Fradella, at Pinnacle Real Estate Services - 601-799-1848 - for a FREE Comparative Market Analysis.

2009-02-02T13:55:00.000-08:00

Situated on over 5 acres of land, this house is truly a unique property in the North Hill Community! This executive home has all the bells and whistles. 14 foot ceilings, hardwood flooring, formal dining room, large chef's kitchen with keeping room, 5 bedrooms, a huge master suite . . . you name it. The inground pool has an infinity edge overlooking the back acreage. The grounds are maintained by a commercial grade irrigation system.

Priced at $479,000. Come see why this home is perfect for your large family!

See the Visual Tour of the home here.

NHPOA General Meeting and Board Elections

2009-01-22T20:05:00.000-08:00

North Hill is a special community and what makes it special is its members. We are responsible for following our covenants, for keeping the image we have, and for maintaining the reality that is North Hill. The North Hill Property Owner's Association (NHPOA) would like to commend everyone for their efforts this past year.

It's almost time for our 2009 NHPOA Board elections. The Board will have three (3) openings this election season, so come out and run for a position! The procedures for this will be exactly as described by our by-laws. Please go to www.nhpoa.com for details.

Nomination Meetings will be held on January 24th, 2009 and February 21st, 2009, and the elections will be held in March.
The meeting will be held a the Coast Electric building on Hwy 11 North at 10:00am until 11:00am.

Anyone interested in becoming a Board member must attend the meeting on Saturday, January 24th or Saturday, February 21st, 2009. Confirmed candidates may campaign from January 24th to the deadline on March 21, 2009, at 12:00 noon.

The meeting on Saturday, January 24th will also be our General Membership Meeting (10:00am). General information will be discussed and Board member nominations can be made at this meeting.

North Hill POA Picnic - November 2008

2008-11-08T15:23:00.001-08:00

The North Hill Property Owner's Association Picnic was a great success this year! Thanks to our sponsors we had great BBQ from FatBoys in Picayune, a 24' dry slide from Fun Jumpers, live entertainment by the BayouSelf Band, and a wonderful property to hold it on, provided by Ron and Diane Kent at 41 Briar Cliff Drive.

The weather was extraordinary, and we had a wonderful time. Thanks for all those who came out to enjoy the day with us!!

PHASE V of North Hill COMING SOON!

2008-07-25T06:02:00.000-07:00

Stay tuned for Phase V of North Hill which includes a walking trail, pavilion, playground and recreation area. A special meeting of the North Hill Property Owner's Association will be held on August 9th, at 10:00am at Coast Electric in Picayune (Hwy 11 North).

Call Michelle Fradella (Vice President of the POA) with any questions.

An Entertaining Home

2008-07-11T13:21:00.000-07:00

This beautiful home, at 41 Briar Cliff - in Phase 1 of North Hill, offers a wonderful space for entertaining friends and family.

You will love the tall ceilings, large great room with wood-burning fireplace, and spacious kitchen with granite countertops and custom cabinetry.
There are 4 bedrooms, 3 full baths, and over 3000 sq ft of heated and cooled area in this fine home, all on 1.56 Acres of land.

The master suite offers a corner fireplace, and a master bath with whirlpool tub, ceramic tile, walkin closet, and an extraordinary tiled shower with dual shower heads and sprayers.

The back yard is the magnificent focal point of this home, with beautiful decking, underground lighting, a salt-water pool with fountain, outdoor kitchen, guest house, greenhouse and hookups for 2 RVs. Also included with the home is a 20kw whole house generator that can sustain everything (including the pool) for 7 days.

If you would be interested in seeing this fine home, call Michelle Fradella at 601-569-0075. Buyers must be pre-approved.

Quarterly POA Meeting Held

2008-04-30T18:25:00.001-07:00

On Saturday, April 26th, we had our first quarterly meeting for the North Hill Property Owner's Association. A few of the topics of discussion were as follows:

The new Board Officers:

President - Paul Saunders
Vice President - Michelle Fradella
Secretary - Stacy Boudin
Treasurer - Sonny Hedges
Member At Large - Melinda Jackson

We would like to thank Tammy Stockstill for her past two years of commitment to the NHPOA as the Vice President. Tammy did a wonderful job as a board member, and we are indeed grateful for her service.

Melinda Jackson is the new advisor for the Architectural Review Committee, and gave a brief outline of the process for obtaining building permits for the County and our neighborhood. We are also in need of more volunteers to serve on the ARC, so we ask that anyone who would like to join please call Melinda.

Other issues that were presented were the condition of the roads in our subdivision. The NHPOA Board has no authority over the County, and since the roads are owned by Pearl River County, it is in everyone's best interest to call and complain to our new District Supervisor, Sandy Kane Smith. His Office Phone is 601-403-2300.

There has also been a few complaints about trash being dumped on individual lots in Phase IV of North Hill. If you see any suspicious activities, please call the Sheriff's Department at 601-749-7700.

The next quarterly meeting will be held in July. The exact date will be announced.

9 Lazy Meadow Drive - SOLD!

2008-01-31T20:06:00.002-08:00

I would like to say goodbye to some wonderful neighbors, Eric and Donna Dusang, who have been my next door neighbors for over 4 years. I could not have asked for better neighbors. I sold Eric and Donna's house in Hide-A-Way Lake, and they built their home next to mine in 2003. Our children have played countless hours together. They will be missed.

I would also, however, like to welcome my new neighbors, Randy and Suzanne Harrison who are moving here from Virginia with their 2 1/2 year old son and chocolate lab. Looks like my little Alyssa (2 years old) might have a playmate.

Welcome to North Hill!

2008-01-31T20:06:00.001-08:00

Welcome to the North Hill Blog for the North Hill Subdivision in Carriere, MS. North Hill is a wonderful neighborhood, located just North of Picayune, MS, off Hwy 11 North.

It has been in existence since 1997, and has grown leaps and bounds over the past decade. Please check back for information to be posted about this lovely community, and the surrounding area. If you want information that is not entered here, please let me know.