NOT LISTED FOR SALE

Estimated Value: $620,000

3.21 Acres
$193,146 Price per Acre
139,828 Sq Ft Lot

Last Sold April 06, 2015

Last sale price $550,000 $312 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,090/month

1,776 Days on Market

About This Lot

As of April 2015

The subject 3.21 acre site (3.21 upland acres) is located at the corner of Demere Road and Plumbroke Road in unincorporated St. Simons Island, Glynn County, GA. Property has frontage along Demere Road. All public utilities including gas, cable, telephone, electric and public water/sewer are available to the site from Demere Rd with electrical and phone service already installed along Plumbroke Rd. Site is zoned MR (medium residential, for multi-family residential development). Such zoning allows for 16 units per acre. The site is estimated to have a maximum potential density of 51 units. The 3.21 acres is currently divided into 18 lots.

Last Listed By

Don Wright

Don Wright & Associates License #12088 Listed on: 04/26/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15

Year Built

  • 1938

Lot Details

  • 3.21 Acre Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$15

Year Built

1938

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 3.21
  • Lot Size: 0,0,0,0
  • Subdivision Name: No Recorded Subdivision
  • Directions: 2314 Demere Road, St. Simons Island, GA 31522. Located at the corner of Demere Road and Plumbroke Road just a few hundred feet from the major intersection of Demere Road and Frederica Road on St. Simons Island.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None
  • Year Built: 1938

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2010
Closed on
Apr 6, 2015
Sold by
Floyd Consuello
Bought by
Duncan William Patrick
Seller's Agent
Don Wright
Don Wright & Associates
Buyer's Agent
Roland Daniel
Paradise Realty of Coastal Georgia LLC
List Price
$1,250,000
Sold Price
$550,000
Premium/Discount to List
-$700,000
-56%
Total Days on Market
1776
Current Estimated Value
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,000

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Duncan William Patrick $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Floyd Consuelo N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $550,000 -56.0% $312 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
04/26/2010 04/26/10 For Sale $1,250,000 -- $709 / Sq Ft
Source: Golden Isles Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $15 $560 $560 $0
2020 $15 $560 $560 $0
2019 $4,710 $180,400 $180,400 $0
2018 $4,835 $180,400 $180,400 $0
2017 $4,835 $180,400 $180,400 $0
2016 $5,405 $220,000 $202,040 $17,960
2015 $11,107 $222,160 $202,040 $20,120
2014 $11,107 $463,640 $423,000 $40,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1549107

Golden Isles Association of REALTORS®

APN: 04-02260