TH Style Condo: 437 Warrington Way # 437: 08/22/2012

TH Style Condo … Tax ID # 194-37-01-262
 
$144,900 … 17% ($29,500) Below Recent Sales (Avg.)
Sold $105,000
437 Warrington Way Unit 437, Wynbrooke Village
Murrells Inlet, SC 29576

 

3 BRs, 3 Baths, 2225 GLA (Htd. SqFt), Built 2002
15 Min. to beach. 25 Min. to airport

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.

 
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. 60 similar TH-style units. We could find only one sale in 2012 within Wynbrooke; 802 Watford Place (listed below). It’s very similar to the subject and sold for $198,900 ($39K more than the subject’s list price). A stone’s throw from the subject is a brand new competing TH-style project called Parmelee. New 3-BR units here have been selling between $165K and $180K (although they’re about 400 SqFt smaller).
 
437 Warrington Way #437, Wynebrooke Village, 3 BR, 3 Bath, 2225 GLA, built 2002, listed at $144,900
Compared to Recent Sales (all with 2-car garages like subject):

Nearby TH Sales BRs/Baths-GLA Year Built Sales Price Closing Date Data Source MLS #
802 Watford Place, Wynbrooke Village
3/3-2325 2001 $198,900 03/20/2012 1106421
118A Parmelee Dr., Parmelee
3/3-1875 2011 $180,000 04/05/2012 1107649
118E Parmelee Dr., Parmelee
3/3-1825 2011 $177,880 02/10/2012 1115690
118C Parmelee Dr., Parmelee
3/3-1825 2011 $165,461 01/30/2012 1112213

 
Map (To see more, put mouse over map, click and drag):

View Larger Map
 
Photos (Click image to enlarge):
%%wppa%%
%%album=102%%
 
Bank Owned

MLS #1212094

Listing Office: RE/MAX Southern Shores NMB
Listing Agent: Mandy Becker