$1,425,000
SOLD JUL 3, 2018
3 Beds
2 Baths
3,100 Sq Ft
2.49 Acres

Recently Sold

$460 Per Sq Ft

11% Below List Price

64 Days on Market

Highlights

  • 2.49 Acre Lot
  • Creek or Stream View
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • Living Room with Fireplace
  • Attic

About This Home

As of June 2022

Unique Investment Opportunity for Now or Later. Don't miss your chance to own almost 2.5 acres of marsh front / water front property on the South end of St Simons Island. Sitting 1/2 mile from the ocean and 1&1/2 miles to the Village and built from Georgia pine and Cypress, this home is surrounded by 7 giant live oaks and amazing views. Spacious with high ceilings, each of its 3 bedrooms, 2 living rooms, dining & kitchen spaces feel large. Dock possible with access to deep water & Goulds Inlet. A development opportunity may exist for a new buyer; property could potentially be subdivided into 7 or 8 lots, although 3 large lots plus the existing house would maintain the plantation like feel it has today. Lots could range between $250k-$500k once subdivided depending on number, size and view.

Last Agent to Sell the Property

Michael Banker

Banker Real Estate License #338485 Listed on: 01/18/2018

Co-Listed By

Jennifer Banker

Banker Real Estate License #358057

Last Buyer's Agent

Michael Banker

Banker Real Estate License #338485 Listed on: 01/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,116

Year Built

  • Built in 1923

Lot Details

  • 2.49 Acre Lot
  • Zoning described as Res Single

Parking

  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Creek or Stream Views
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04 00994

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,116

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.49
  • Lot Size: 268,,324,403
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1152
  • Co List Office Phone: 912-638-1808
  • Subdivision Name: No Recorded Subdivision
  • Directions: From the village, turn right off Demere Road to Old Demere Road. Home will be on the right.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1923
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic
  • Living Area: 3100.0
  • Stories: 2

Exterior Features

  • Lot Features: 1 to 5 Acres, Flood Zone
  • View: Marsh View, Creek/Stream, Water
  • View: Yes
  • Waterfront Features: Other
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Raised, Slab
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Driveway

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04 00994
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2241 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 23, 2022
Sold by
Whitson Clay M
Bought by
Orazi Phil and Orazi Eva
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Melissa Hallman
Engel & Volkers Golden Isles
List Price
$1,295,000
Sold Price
$1,165,250
Premium/Discount to List
-$129,750
-10.02%
Total Days on Market
64
Current Estimated Value
$2,618,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,453,542
Avg. Annual Appreciation
22.02%

Purchase Details

Listed on
Jan 18, 2018
Closed on
Jul 3, 2018
Sold by
Mccallum John A
Bought by
Whitson Clay M and Whitson Jeannette
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$1,600,000
Sold Price
$1,425,000
Premium/Discount to List
-$175,000
-10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.93%
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Jun 1, 2007
Sold by
Macgregor Mary B
Bought by
Mccallum John A and Mccallum Heather W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,210,500
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,330,500 --
Warranty Deed $1,425,000 --
Deed $1,654,368 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Mortgage Modification
Previous Owner $1,210,500 New Conventional
Previous Owner $292,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $1,165,250 -10.0% $382 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $1,295,000 -9.1% $425 / Sq Ft
07/03/2018 07/03/18 Sold $1,425,000 -10.9% $460 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,600,000 -- $516 / 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 $16,116 $642,600 $642,600 $0
2023 $17,723 $716,120 $716,120 $0
2022 $10,065 $396,360 $300,200 $96,160
2021 $10,321 $394,280 $300,200 $94,080
2020 $10,420 $394,280 $300,200 $94,080
2019 $10,420 $394,280 $300,200 $94,080
2018 $8,657 $326,760 $276,400 $50,360
2017 $8,657 $326,760 $276,400 $50,360
2016 $7,967 $326,760 $276,400 $50,360
2015 $8,000 $326,760 $276,400 $50,360
2014 $8,000 $326,760 $276,400 $50,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1587056

Golden Isles Association of REALTORS®

APN: 04-00994