NOT LISTED FOR SALE

117 Southpoint Drive (Lot 16) St. Simons Island, GA 31522

Saint Simons Neighborhood

Estimated Value: $1,543,000 - $1,747,367

0.28 Acre
$5,853,007 Price per Acre
12,197 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $275,000

Est. 496% increase in value since last sale

Current estimated payment $10,194/month

488 Days on Market

Highlights

  • Gated Community
  • St. Simons Elementary School Rated A-
  • Landscaped

About This Lot

As of April 2019

Want to build your dream home close to the Beach on St. Simons Island? Take a good look at 117 Southpoint Drive: located right off East Beach Causeway – a short walk to Coast Guard Station and you can have twice the lot size of most East Beach lots for $100,000 less. The perks of owning this lot are endless. Lot located in a small, private subdivision with quality built homes and mature trees. Seller has already obtained water and sewer taps. Awesome lot size. Perfect for building your dream home! Turn onto Southpoint Drive. The lot is situated in the back of the subdivision on the LEFT just before the curve near a cul-de-sac (there is no for sale sign).

Last Listed By

LeAnn Duckworth

Duckworth Properties BWK License #245963 Listed on: 11/28/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,394

Year Built

  • 2020

Lot Details

  • 0.28 Acre Lot
  • Property fronts a freeway
  • Landscaped
  • Zoning described as Res Single

Listing and Financial Details

  • Assessor Parcel Number 04-10583

Community Details

Overview

  • Property has a Home Owners Association
  • Southpoint Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,394

Year Built

2020

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Lot Size: 0,0,0,0
  • Road Frontage Type: County Road, Freeway
  • Subdivision Name: Southpoint
  • Directions: From Demere Road turn onto East Beach Causeway then take your first right into Southpoint (Gated). The lot is located down on the left hand side towards the back of the subdivision.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None
  • Year Built (Public Record): 2020

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • View: Residential
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community
  • Utilities: Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 1000.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 12215.0
  • Parcel #: 04-10583
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3394.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Palmetto Building Grp Llc
Bought by
Marullo William Frank
Total Days on Market
488
Current Estimated Value
$1,638,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,720
Outstanding Balance
$672,796
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$890,891

Purchase Details

Listed on
Nov 28, 2017
Closed on
Apr 30, 2019
Sold by
Trainham John W
Bought by
Palmetto Building Grp Llc
Seller's Agent
LeAnn Duckworth
Duckworth Properties BWK
Buyer's Agent
Courtney Been
Duckworth Properties BWK
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.09%
Original Mortgage
$675,000
Interest Rate
4%
Mortgage Type
New Conventional

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
Marullo William Frank $357,900 --
Palmetto Building Grp Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marullo William Frank $756,720
Closed Marullo William Frank $756,720
Previous Owner Palmetto Building Grp Llc $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $275,000 -21.4% --
03/31/2019 03/31/19 Pending -- -- --
11/28/2017 11/28/17 For Sale $349,900 -- --
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 $12,240 $488,040 $196,000 $292,040
2023 $10,236 $488,040 $196,000 $292,040
2022 $10,835 $432,040 $140,000 $292,040
2021 $9,035 $344,560 $140,000 $204,560
2020 $2,872 $110,000 $110,000 $0
2019 $3,394 $130,000 $130,000 $0
2018 $3,394 $130,000 $130,000 $0
2017 $3,394 $130,000 $130,000 $0
2016 $3,120 $130,000 $130,000 $0
2015 $3,133 $130,000 $130,000 $0
2014 $3,133 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1586398

Golden Isles Association of REALTORS®

APN: 04-10583