NOT LISTED FOR SALE

116 Murray Ln Saint Simons Island, GA 31522

Estimated Value: $402,207 - $1,908,000

2.25 Acres
$466,697 Price per Acre
98,010 Sq Ft Lot

Last Sold October 21, 2014

Last sale price $340,000

Est. 209% increase in value since last sale

Current estimated payment $5,716/month

5 Days on Market

About This Lot

As of October 2014

Open Air storage yard...opportunity to grow this business...excellent growth potential...this is a one of a kind property...call agent for information & current rent roll

Last Agent to Sell the Property

Pam Timbes

Palmetto Realty Group License #103134 Listed on: 09/19/2014

Last Buyer's Agent

Pam Timbes

Palmetto Realty Group License #103134 Listed on: 09/19/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,306

Lot Details

  • 2.25 Acre Lot

Community Details

  • No Home Owners Association
  • Harrington Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,306

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.25
  • Lot Size: 0,0,0,0
  • Subdivision Name: Harrington
  • Directions: Frederica Rd north -- Murray Lane on right...at end of street behind gate
  • Carport Y N: No
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2017
Sold by
Not Provided
Bought by
Thomas Gareth
Current Estimated Value
$1,050,069

Purchase Details

Listed on
Sep 19, 2014
Closed on
Oct 21, 2014
Sold by
Coismo Llc
Bought by
Baily Brandon
Seller's Agent
Pam Timbes
Palmetto Realty Group
Buyer's Agent
Pam Timbes
Palmetto Realty Group
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$297,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Dix Sons Llc
Bought by
Coismo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2006
Sold by
Murray Wade D
Bought by
Dix Sons Llc
Source: Public Records

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
Thomas Gareth $15,465 --
Baily Brandon $340,000 --
Coismo Llc $100,000 --
Dix Sons Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baily Brandon $297,000
Previous Owner Coismo Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $340,000 -14.8% --
09/24/2014 09/24/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $399,000 -- --
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
2025 $2,306 $91,960 $90,000 $1,960
2024 $2,306 $91,960 $90,000 $1,960
2023 $2,260 $91,960 $90,000 $1,960
2022 $1,742 $69,480 $67,520 $1,960
2021 $1,028 $39,760 $37,800 $1,960
2020 $1,038 $39,760 $37,800 $1,960
2019 $1,038 $39,760 $37,800 $1,960
2018 $1,038 $39,760 $37,800 $1,960
2017 $1,038 $39,760 $37,800 $1,960
2016 $954 $39,760 $37,800 $1,960
2015 $895 $39,760 $37,800 $1,960
2014 $895 $37,120 $35,160 $1,960
Source: Public Records

Agents Affiliated with this Home

  • Pam Timbes

    Seller's Agent in 2014

    Pam Timbes

    Palmetto Realty Group

    (912) 222-6773

    171 in this area

    208 Total Sales

    Pam Timbes
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1570574

Golden Isles Association of REALTORS®

APN: 04-05299

Georgia Glynn County Saint Simons Island 31522

116 Murray Ln, Saint Simons Island, GA

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Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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