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Tuesday, February 8, 2011

7849 Coddle Harbor Lane - Inverness Knolls - $267,000

Listed by Best Address RE

Google Map Here

Who knew there were 2 bedroom condos in Inverness Knolls? It was tough to find this unit, as it is behind and underneath town homes from the street. There is a whole line of these rear units that are set up as 2BR condos.

The walk around back to find this unit is interesting. There seems to be a lot of personality on the outside of the other units along the walk. Some over the top gardening and decor had me wondering if there was really a condo association that kept a reign on what the place looks like.

The condo has a small fenced front entry with a swinging gate in front. The unit is not unattractive with a lovely brick and siding veneer. The front door is freshly painted red, foreshadowing a complete rehab inside.

This small 744 square foot unit was completely gutted. A combo Kitchen, family room and breakfast area takes up the front of the condo. New wood floors and an attractive stainless and granite kitchen look great. There is decent light, even with the dense woods in front of the unit.

The 2 bedrooms are very small. I wondered if it would be better to consolidate the two rooms into one. The bathroom is small, but completely redone as well. Looks nice!

This is a nice, albeit small, two bedroom condo. I am not a fan of the physical location of the unit, but the community location is great. At $267,000 they are pretty close to market price. An identical unit sold for just over $360K early last year after concessions were paid.

I think the seller has done their research and has this priced properly. It should sell somewhere above $360K based upon previous sales. If the right person sees this unit - it could go for full price. See my review on the unit that sold early last year by clicking HERE.

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