|Condo … Tax ID # 131-26-01-138
$89,900 … 10% ($10,050) Below Market (Avg.)
UPDATE: AS OF 9/17/12, GOING TO AUCTION. ON-LINE
BIDDING STARTS ON 9/19/12. ENDS 9/22/12.
CLICK HERE FOR DETAILS
1551 Spinnaker Dr., Clubhouse Villas #5922
Tidewater Plantation, North Myrtle Beach, SC 29582
2 Bedroom, 2 Bathrooms, 1175 GLA (Htd. SqFt)
Upscale golf course community with homes and condos. 15-minute drive to beach. 35 min. to airport.
Clubhouse Villas, built in the late 1990s, is located within Tidewater Plantation, an established, security-gated, upscale community on the north end of the Grand Strand. Named “Best New Course” by both Golf Digest and Golf Magazine when it opened in 1990, it was also ranked in Golfweek’s Best Courses You Can Play in 2007. The biggest complaint most people have about Tidewater is the short but necessary drive along Little River Neck Road (with many rundown properties) before reaching the entrance to Tidewater Plantation. Once you’re within Tidewater, it’s like an oasis.
The subject unit overlooks the golfcourse. If you’re interested, we can email you the floor plan. Besides the 2-BR sales shown below, the most recent sale we found in Clubhouse Villas was a 3-BR, 3-bath unit for $160,000 on 7/29/2011.
Reportedly, the HOA is involved in ongoing litigation. The specifics are unknown, but you can get details from the HOA property manager, Kendall Benjamin, at Chicora (843-272-8700). As a result of this litigation, most traditional mortgage lenders will not finance loans in this project until it’s resolved.
Auction Info: Contact Homepath for financing options: 866-620-4195
Clubhouse Villas #5922, 2 BR/2 Bath, 1175 GLA, listed at $89,900
Compared to Recent Sales:
|Tidewater Sales||BRs/ Baths||GLA (SqFt)||Sales Price||Closing Date||Data Source MLS #|
|Lighthouse Villas #4324||2/2||1125||$118,000
|Heron Lake Village #3123||2/2||1125||$95,000||08/25/2012||1109996|
|Heron Lake Village #3124
|Teal Lake Village #1312||2/2||925||$92,800||07/13/2012||1200431|
|Teal Lake Village #2411||2/2||1025||$105,000||06/27/2012||1200286|
|Lighthouse Villas #4123||2/2||1225||$115,000||01/31/2012||1115227|
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Listing Agent: Tamara Reid
Ocean Breeze Properties, LLC