NOT LISTED FOR SALE

111 Palmetto St Saint Simons Island, GA 31522

Estimated Value: $359,568 - $405,000

2 Beds
2 Baths
912 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $205,000 $225 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,284/month

149 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Partially Fenced Property
  • Oglethorpe Point Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of July 2020

What a gem! This tabby home is situated in the heartbeat of St. Simons Island. Seconds away from shopping and restaurants. 2 bedroom and 2 bath home has all new wood flooring and paint. Master bedroom can comfortably house a king size bed and has a floored loft for storage. Beautiful high pitched ceilings with blinds and drapery included. All appliances convey with the home, including a full size washer and dryer. Perfect for investors or that Island getaway. Meticulously maintained and incredibly clean.

Last Agent to Sell the Property

Stephanie Weeks

eXp Realty, LLC License #388526 Listed on: 01/03/2020

eXp Realty, LLC

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1990

Lot Details

  • 2,178 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Siding

Interior Spaces

  • 912 Sq Ft Home
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Glynn Haven Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-14405

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: ,,,
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Glynn Haven Estates
  • Directions: Take Federica Road North. Take a left onto Palmetto St. Home is 4th home on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 912.0

Exterior Features

  • Fencing: Wood, Partial
  • Home Warranty: No
  • Construction Type: Concrete, Drywall
  • Foundation Details: Slab

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 04-14405
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jun 30, 2020
Sold by
Mcrealty Grp Llc
Bought by
Edelman Marc D
Seller's Agent
Stephanie Weeks
eXp Realty, LLC
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%
Current Estimated Value
$386,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,392
Avg. Annual Appreciation
11.53%
Original Mortgage
$164,000
Outstanding Balance
$147,035
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$214,864

Purchase Details

Closed on
Dec 2, 2013
Sold by
Mccallen Crystal A
Bought by
Mcrealty Grp Llc
Source: Public Records

Range of Values:

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Average Value
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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
Edelman Marc D $205,000 --
Edelman Marc D $205,000 --
Mcrealty Grp Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edelman Marc D $164,000
Closed Edelman Marc D $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $205,000 -4.6% $225 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $214,900 -- $236 / 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
2024 $2,709 $108,000 $19,880 $88,120
2023 $2,654 $108,000 $19,880 $88,120
2022 $2,156 $85,960 $19,880 $66,080
2021 $1,904 $73,640 $13,400 $60,240
2020 $1,388 $53,160 $16,000 $37,160
2019 $1,388 $53,160 $16,000 $37,160
2018 $1,388 $53,160 $16,000 $37,160
2017 $1,241 $47,520 $10,360 $37,160
2016 $1,140 $47,520 $10,360 $37,160
2015 $992 $42,880 $10,360 $32,520
2014 $992 $41,160 $8,640 $32,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1615121

Golden Isles Association of REALTORS®

APN: 04-14405