Condo … Tax ID # 172-30-02-159
 
$32,900 … 15% ($6,000) Below Recent Sales (Avg.)
Sold $28,000
481 White River Dr., Unit 31-B, River Oaks
Myrtle Beach, SC 29579
 
1 Bedroom, 1 Bathroom, 650 GLA (Htd. SqFt)
Sprawling condo project built along golf course. Ten-minute drive to beach and airport.

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Foreclosure unit. Ground floor unit (no elevator in project, so ground floor is a positive)
 
River Oaks Unit # 31-B, 1 BR/1 Bath, ground floor unit (1st floor), $32,900
Compared to Recent Sales:
 

Unit # in River Oaks BRs/ Baths Floor Sales Price Closing Date Data Source MLS #
66-K 1/1 3 $32,900 05/04/2012 1204266
16-B 1/1 1 $45,000 03/07/2012 1119955
18-B 1/1 1 $38,000 11/18/2011 1115058
65-F 1/1 2 $37,000 10/05/2011 1112291
14-E 1/1 2 $40,500 09/30/2011 1109417
15-H 1/1 3 $42,900 09/30/2011 1112680

 
Unit #66-K which sold 5/4/2012 for $32,900 was a foreclosure unit. The other sales were neither foreclosure units nor short sales. Currently in MLS, the lowest priced active listing is unit #15-E (2nd floor), bank owned, listed at $35,900 (MLS #1207354). After that, the list price on 1-BR units jumps to $78,900.
 
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Foreclosure Unit

MLS #1205067
Listing Agent: Tamara Reid