TH-Style Condo: 1980 Green Fern Lane: 08/02/2012

TH-Style Condo … Tax ID # 180-28-01-025
 
$69,900 … 14% ($11,000) Below Recent Sales (Avg.)
Sold $70,299 Bidding War
1980 Green Fern Lane, Longwood Lakes at Arrowhead
Myrtle Beach, SC 29579
 
2 BRs, 2.5 Baths, 1200 GLA (Htd. SqFt) Built 2000

10 Min. to Beach. 10 Min. to Airport

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Townhouse-style condo with approx. 48 units in project, community pool and poolhouse. There’s nobody above or below you, you have a garage, and it feels like a townhouse, but it’s actually a horizontal property regime (HPR); i.e., a condo. You own the space between the walls.
 
This townhouse project is adjacent to Arrowhead Golf course.
 
The subject unit is a 2-BR. We found recent sales of both two-bedroom & three-bedroom units. Thus, we analyzed the sales prices per square foot. The sales listed below have an average price per SqFt of $68.88. The subject is listed at $59.49 per SqFt.
 
1980 Green Fern Lane, Longwood Lakes @ Arrowhead, 2 BR, 2.5 Bath , 1200 GLA, Built 2000. Listed at $69,900
Compared to Recent Sales:

Sales in Longwood Lakes BRs/Baths -GLA Price Per SqFt Sales Price Closing Date Data Source MLS #
1986 Green Fern Lane 3/2.5 -1225 $54.24 $99,900 07/19/2012 1115921
1983 Green Fern Lane 2/2.5 -1425 $68.16 $83,500 06/15/2012 1200489
2156 Longwood Lakes Dr. 3/2.5 -1225 $79.65 $113,500 12/14/2011 1117854
1993 Mossy Point Cove 2/2.5 -1625 $73.47 $90,000 10/17/2011 1113432

 

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Bank Owned

MLS #1204886

Listing Office: REALHome Services & Solutions

Listing Agent: Sandra Cato, REALTOR