$263,750
SOLD OCT 3, 2012

118 Sea Palms Ln Saint Simons Island, GA 31522

4 Beds
3 Baths
2,536 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

18% Below List Price

139 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Oglethorpe Point Elementary School Rated A
  • Wood Flooring
  • Crown Molding

About This Home

As of October 2023

Exceptional mid north island HomePath property in Sea Palms North Cottages. This house is in excellent condition with very nice finishes and features. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. www.homepath.com

Last Agent to Sell the Property

Tee Tolleson

DeLoach Sotheby's International Realty License #343048 Listed on: 04/17/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Zoning described as Res Single

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include management, ground maintenance
  • Sea Palms North Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-11061

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,072

Year Built

Built in 2006

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 0,0,0,0
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Sea Palms North Cottages
  • Directions: Going north on Frederica Rd. past The Red Barn, take right before roundabout onto North Cottages Rd., take first right onto Sea Palms Lane, 118 is second house on right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding
  • Living Area: 2536.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone, Subdivision
  • View: Residential
  • Waterfront: No
  • Construction Type: Brick, HardiPlank Type, Wood Siding, Drywall
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Open, Porch
  • Roof: Pitched, Shingle, Wood

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

Schools

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

Lot Info

  • Parcel #: 04-11061
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Oct 13, 2023
Sold by
Banks Steven
Bought by
Cross Jesse William
Seller's Agent
Jennifer Lee
DeLoach Sotheby's International Realty
Buyer's Agent
Whitney Crawford
Engel & Volkers Golden Isles
List Price
$605,000
Sold Price
$520,000
Premium/Discount to List
-$85,000
-14.05%
Views
740
Current Estimated Value
$625,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,810
Avg. Annual Appreciation
9.20%
Original Mortgage
$520,000
Outstanding Balance
$512,207
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$105,197

Purchase Details

Listed on
Apr 17, 2012
Closed on
Oct 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Banks Steven M
Seller's Agent
Tee Tolleson
DeLoach Sotheby's International Realty
List Price
$322,900
Sold Price
$263,750
Premium/Discount to List
-$59,150
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$255,837
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2012
Closed on
Aug 7, 2012
Sold by
Mitchell Linda Ganas
Bought by
State Bank & Trust Co
Seller's Agent
Tee Tolleson
DeLoach Sotheby's International Realty
List Price
$322,900
Sold Price
$263,750
Premium/Discount to List
-$59,150
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,837
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009
Sold by
Scarborough Joan R
Bought by
Scarborough Donald Francis and Tittle Diana Lynn Scarborough

Purchase Details

Closed on
Sep 5, 2008
Sold by
Walker Rhett A
Bought by
Zdrazila Lukas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2006
Sold by
Springfield Properties Lll
Bought by
Plantation Creek Communities L

Purchase Details

Closed on
Jun 9, 2005
Sold by
Springfield Properties Lll
Bought by
Walker Rhett A
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 Type Sale Price Title Company
Warranty Deed $520,000 --
Warranty Deed $263,750 --
Foreclosure Deed -- --
Interfamily Deed Transfer -- --
Deed $350,000 --
Deed $903,320 --
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Previous Owner $255,837 New Conventional
Previous Owner $262,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $520,000 -5.5% $205 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $550,000 -6.0% $217 / Sq Ft
05/30/2023 05/30/23 Price Changed $585,000 -3.3% $231 / Sq Ft
03/09/2023 03/09/23 For Sale $605,000 +129.4% $239 / Sq Ft
10/03/2012 10/03/12 Sold $263,750 -18.3% $104 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $322,900 -- $127 / 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 $5,072 $202,240 $36,000 $166,240
2023 $2,061 $190,040 $36,000 $154,040
2022 $2,491 $159,240 $36,000 $123,240
2021 $2,565 $130,800 $36,000 $94,800
2020 $2,587 $130,800 $36,000 $94,800
2019 $2,587 $127,440 $24,000 $103,440
2018 $2,587 $127,440 $24,000 $103,440
2017 $2,587 $114,520 $24,000 $90,520
2016 $2,399 $110,200 $24,000 $86,200
2015 $2,409 $110,200 $24,000 $86,200
2014 $2,409 $107,400 $21,200 $86,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jennifer Lee

    DeLoach Sotheby's International Realty

    (912) 222-8078

    10 in this area

    18 Total Sales

    Jennifer Lee
    Section Image

  • W

    Buyer's Agent in 2023

    Whitney Crawford

    Engel & Volkers Golden Isles

    Section Image

  • T

    Seller's Agent in 2012

    Tee Tolleson

    DeLoach Sotheby's International Realty

    (912) 638-0406

    8 in this area

    15 Total Sales

    Tee Tolleson
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1558487

Golden Isles Association of REALTORS®

APN: 04-11061

Georgia Glynn County Saint Simons Island 31522

118 Sea Palms Ln, Saint Simons Island, GA

This home is located at 118 Sea Palms Ln, Saint Simons Island, GA 31522 and is currently priced at $263,750, approximately $104 per square foot. This property was built in 2006. 118 Sea Palms Ln is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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