This property was hand-picked for The Certifax Report; it has since sold. These deals often go contract pending within days of our reporting. If you want our research, analysis and alerts so you can act fast, subscribe here.
Located on the south end of the Grand Strand and west of Bypass Highway 17, Villas at International Club consists of 2-, 3- and 4-BR condos ranging in size from 1100 SqFt to 2400 SqFt with prices ranging from about $70,000 to $170,000 and an average price of about $110,000. Good appeal to primary homeowners.
The subject is a 4-BR, 3-bath unit. The only recent 4-BR sale we found closed in December 2011 for $168,000 (at $72 per SqFt). We found four recent sales of 3-BR units ranging in price from $68 per SqFt to $94 per SqFt.
At $68 per SqFt, the lowest price-per-square-foot of all the sales, the subject, with 2325 SqFt, would have a sale price of $158,100. It’s listed at $129,000, $28,900 less. Currently, no other 4-BR units are listed for sale, and the lowest priced active of a 3-BR unit (excluding “potential short-sale” listings) is priced at $184,500 (MLS # 1203966).
Villas @ International Club #10-202, 4 BR, 3 Bath , 2325 GLA, Built 2006, listed at $129,200
Compared to Recent Sales:
Villas at Int’l. Club | BRs/ Baths | GLA (SqFt) | Sales Price | Closing Date | Data Source MLS # |
719 Shearwater Ct., #105 | 3/2 | 1,825 | $125,000 | 06/27/2012 | 1200034 |
719 Shearwater Ct., #102 | 3/2 | 1,275 | 100,000 | 06/21/2012 | 1206330 |
703 Shearwater Ct., #103 |
3/2 | 1,425 | $130,000 | 05/29/2012 | 1119621 |
907 Knoll Shores Ct., #302 |
3/2 | 1,275 | $120,000 | 01/27/2012 | 1002001 |
804 Sunswept Ct., #202 | 4/3 | 2,325 | $168,000 | 12/16/2011 | 1118259 |
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Bank Owned
MLS #1213000
Listing Office: Century 21 All Stars
Listing Agent: Ronnie Eaves