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Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
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latest new build in Charleston SC what do you think?

Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Posted Apr 6 2018, 09:28

https://www.flexmls.com/share/1O0R3/8WoodallCourtCharlestonSC29403

history.. lot came up in August on MLS for 150k multiple offers.. I used an escalator clause which apparently the competing agents had never heard of ... so long and short of it bought the lot for 161k

240 ish to build.. Local bank  financing at 1 point and 5.5 %

this is a little street in a really cool area.. I built the new homes across the street in the last two years.

first one I built sold for 450k  last year I sold the one next to it for 550k and this one I have on the market as you can see for 649k..  the first one we paid 75k for the lot  the next lot 110k and now this one at 160k.. Ascending market.

 

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