The subject is a townhouse-style condo. There are no units above or below you, and it feels like a townhouse, but you don’t own the land. Legally, it’s a horizontal property regime. You own the space between the walls. The project has approx. 276 TH-style units. We found only three recent 3-BR sales, priced between $107,500 and $125,000. The sale at $107,500 is most like the subject in that it’s a two-story property.
Currently in MLS, the next lowest priced 3-BR unit at Park West is priced at $119,750 (MLS #1207594)
701 Painted Bunting Dr. Unit A, Park West, 3 BR, 2.5 Bath, 1575 GLA, built 2006, listed at $89,900
Compared to Recent Sales (all with 2-car garages like subject):
Park West Sales | BRs/Baths | Sq.Ft. | Sales Price | Closing Date | Data Source MLS # |
220-B Nut Hatch | 3/3 | 1475 | $125,000 | 09/09/2012 | 1203134 |
115-C Chenoa Dr. | 3/2 | 1425 | $110,000 | 07/30/2012 | 1208869 |
721-A Painted Bunting Dr. | 3/2.5 | 1475 | $107,500 | 07/30/2012 | 1200800 |
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Bank Owned
MLS #1212114
Listing Office: Gabriel Financial Real Estate
Listing Agent: Timothy Gabriel