Hi pgparson-I've recently aquired a client looking for just such a property. I've seen the older listings in the building and have a good idea about what you've got there.
For what it's worth, I agree with those posting in this thread that the unit needs to be viewed.
Because the market has been so strong this year, I would try to use comparable units that have sold in the last three or four months combined with local market knowledge to determine value. I don't use short sales or REO's when comparing a regular sale in the current market. Agents who list bank owned properties rarely prepare them for sale, or often fail to market the property or hold open houses. Often, they're left on a lockbox and just listed on MLS with a low price. Before this market heated up, they were considered unappealing by many buyers and agents for those reasons and others.
So.. the demand is strong. Good preparation and marketing of your unit would give you the best opportunity to find a strong buyer with good credit ready to make the sale happen quickly. If that sounds like what you're looking for, I would of course be happy to help!
Also-Just as an fyi, I don't believe you are in a short sale situation. I'm fairly certain your value will be significantly greater than your loan amount. I am a former certified general appraiser as well. Give me a call and we can talk specifics. There is a lot of demand for your property. Thanks, Matt Ciganek