Condo: Myrtle Beach Resort Five Seasons #6315: 08/04/2012

Condo … Tax ID # 192-05-05-061
 
$38,500 … 23% ($11,500) Below Market (Avg.)
Sold $34,147 Cash Sale
5905 S. Kings Hwy., Myrtle Beach Resort Five Seasons, Unit #6315, Myrtle Beach, SC 29575
 
2 BRs, 2 Bath, 741 GLA (Htd. SqFt), Built 1985
5-minute walk to beach. 15-min. to airport

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Myrtle Beach Resort is a 33-acre gated oceanfront community on the south-end of the Grand Strand with four separate homeowners’ associations and vast recreational amenities for tourist vacationers. Within Myrtle Beach Resort you’ll find a lazy river, six swimming pools (two indoors), 4 whirlpools (three indoor and one outdoor), an exercise room, saunas, steam rooms, tennis courts (lighted for night play), basketball, volleyball, bocce ball, a children’s playground and 700′ of oceanfront beach. Also the resort has at least two on-site rental offices, and you can also rent your unit through various off-site rental companies.
 
The subject unit’s list price was just lowered today to $38,900. Not only is that $11,100 less than the lowest priced 2-BR sale in Five Seasons, but also it’s less than what the 1-BR Five Seasons units sell for. The last 1-BR sold 5/4/2012 for $44,000 (MLS # 1112828).
 
Currently in MLS, after the subject unit, the next lowest priced 2-BR in Five Seasons is listed for $57,500 (MLS # 827445).
 
The subject unit is located in the Five Season HOA, about a 5-minute walk to the beach. If you’re interested in this unit, we have the floor plan on file and can email it to you.
 
Myrtle Beach Resort Five Seasons Unit #6315, listed at $38,900, 2 BRs, 2 Baths, 741 GLA, Built 1985
Compared to Recent Sales:

Five Seasons Sales BRs/Baths GLA (SqFt) Sales Price Closing Date MLS #
Unit # 6113 2/2 741 $50,000
03/12/2012 1108631
Unit # 4108 2/2 741 $57,000 11/09/2011 1109270
Unit # 6211 2/2 741 $52,000 08/29/2011 1013194

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Bank Owned

MLS #1206952

Listing Office: Century 21 All Stars
Listing Agent: Ronnie Eaves, REALTOR