This is a brand new neck that was removed from a Fender Squier Sonic HSS guitar that I got less than 10 days ago. It has a Laurel Fingerboard. The fret ends had some sprouting which has been rectified for the most part (this was a manufacturing attribute). Has precision holes predrilled to work with a Strat or Squier style body. It comes with chrome tuners pre-installed and a string tree, also pre-installed.
There is nothing functionally wrong with this neck. Frets are leveled, it played well when assembled initially and was quite comfortable. I have been building guitars (from pre-fab parts) for over 10 years now so I can confidently say that this is one of the best necks you will get with fender specs at this price.
This is a great value.