NOT LISTED FOR SALE

Estimated Value: $644,195 - $742,000

0.95 Acre
$729,577 Price per Acre
41,382 Sq Ft Lot

Last Sold May 18, 2020

Last sale price $405,000

Est. 71% increase in value since last sale

Current estimated payment $4,237/month

52 Days on Market

Highlights

  • Gated Community
  • Lake View
  • 0.95 Acre Lot
  • St. Simons Elementary School Rated A-
  • Waterfront
  • Security Service

About This Lot

As of May 2020

.95 acre building site in the private, gated neighborhood of King's Point. Mature, moss laden live oaks frame the cleared building envelope of this lake front lot. 145' of water frontage with easterly exposure. A birder's paradise. Convenient to all three Sea Island golf courses and the village of St. Simons Island. Sea Island Club application rights. These lake front opportunities are rare.

Last Agent to Sell the Property

Al Brown, Jr.

Al Brown Company License #11144 Listed on: 02/25/2020

Last Buyer's Agent

Wendy Simpson

Michael Harris Team License #369274

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,514

Lot Details

  • 0.95 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • 04-11163

Property Views

  • Lake
  • Lagoon

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-11163

Community Details

Overview

  • Kings Point Subdivision

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,514

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.95
  • Lot Size: 285,145,241,240
  • Subdivision Name: Kings Point
  • Directions: From Torras Causeway, veer right onto Kings Way. Kings Point will be the 2nd subdivision on the right. After entrance from the security gate, take the first right onto Point Lane. Lot 27 is on left, on the lake.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Level, Subdivision
  • View: Lagoon, Lake
  • View: Yes
  • Waterfront Features: Lagoon, Lake
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Security Service
  • Sewer: Public Sewer, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights

Schools

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

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Additional Parcels Description: 04-11163
  • Parcel #: 04-11163
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 15, 2020
Sold by
Gallagher Thomas
Bought by
Hammond Richard Jeremy and Hammond Christine Joy
Seller's Agent
Al Brown, Jr.
Al Brown Company
Buyer's Agent
Wendy Simpson
Michael Harris Team
List Price
$439,500
Sold Price
$405,000
Premium/Discount to List
-$34,500
-7.85%
Current Estimated Value
$693,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,098
Avg. Annual Appreciation
8.56%
Original Mortgage
$326,000
Outstanding Balance
$106,617
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$508,558

Purchase Details

Closed on
Feb 17, 2015
Sold by
Gallagher Thomas
Bought by
Gallagher Thomas

Purchase Details

Closed on
Feb 17, 2006
Sold by
Stein Fam Associates Ll
Bought by
Gallagher Thomas and Gallagher Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2005
Sold by
Wilt Gary D
Bought by
Stein Fam Associates Llc
Source: Public Records

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Range of Values:

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Average Value
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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
Hammond Richard Jeremy $405,000 --
Gallagher Thomas -- --
Gallagher Thomas $890,000 --
Stein Fam Associates Llc $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Richard Jeremy $326,000
Previous Owner Gallagher Thomas $801,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $405,000 -7.8% --
04/18/2020 04/18/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $439,500 -- --
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 $4,514 $180,000 $180,000 $0
2023 $4,423 $180,000 $180,000 $0
2022 $4,314 $172,000 $172,000 $0
2021 $4,138 $160,000 $160,000 $0
2020 $4,178 $160,000 $160,000 $0
2019 $4,178 $160,000 $160,000 $0
2018 $4,178 $160,000 $160,000 $0
2017 $4,178 $160,000 $160,000 $0
2016 $3,840 $160,000 $160,000 $0
2015 $3,856 $160,000 $160,000 $0
2014 $3,856 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1616042

Golden Isles Association of REALTORS®

APN: 04-11163