$350,000
SOLD DEC 2, 2016
1.09 Acres
$321,101 Price per Acre
47,480 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

30% Below List Price

85 Days on Market

About This Lot

As of July 2022

This is a beautiful large lake front lot located in Kings Point Subdivision. This gated subdivision was developed by Sea Island Company. The lot has a gorgeous lake view in a very quaint setting.

Last Agent to Sell the Property

Joe Fendig

Fendig Realty, Inc. License #256005 Listed on: 08/22/2016

Last Buyer's Agent

Michael Banker

Banker Real Estate License #338485

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,640

Lot Details

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

HOA Fees

  • $435 Monthly HOA Fees

Schools

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

Community Details

  • Kings Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-11159

Property Details

Property Type

Land

Est. Annual Taxes

$29,640

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.09
  • Lot Size: 201,167,277,252
  • Road Frontage Type: Freeway
  • Subdivision Name: Kings Point
  • Directions: As you come onto the Island stay right on Kings Way. Turn right into Kings Point subdivision. After you come through the guard gate you will continue straight passing Point Lane on the right. The lot is on the right just past the first house on the right.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 435.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 04-11159
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jul 11, 2022
Sold by
Dow John Albert
Bought by
Hayhoe Ann Mary and Horan Simon James
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Chris Moline
Sea Island Properties
List Price
$3,495,000
Sold Price
$3,050,000
Premium/Discount to List
-$445,000
-12.73%
Current Estimated Value
$3,608,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,674
Avg. Annual Appreciation
8.40%
Original Mortgage
$1,500,000
Outstanding Balance
$1,162,152
Interest Rate
5.23%
Mortgage Type
Mortgage Modification
Estimated Equity
$2,704,037

Purchase Details

Closed on
Jul 6, 2021
Sold by
Dow John Albert
Bought by
Dow John Albert and Dow Salli Sweatt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2016
Closed on
Nov 30, 2016
Sold by
Mathew724 Llc
Bought by
Dow John Albert
Seller's Agent
Joe Fendig
Fendig Realty, Inc.
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$499,000
Sold Price
$350,000
Premium/Discount to List
-$149,000
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.44%
Original Mortgage
$487,718
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2014
Sold by
Dunn Michael J
Bought by
Mathew724 Llc

Purchase Details

Closed on
Jun 6, 2006
Sold by
Hodnett Roy K
Bought by
Dunn Michael J and Dunn Leisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,979
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,050,000 --
Warranty Deed -- --
Warranty Deed $350,000 --
Warranty Deed -- --
Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Mortgage Modification
Previous Owner $970,000 New Conventional
Previous Owner $985,000 New Conventional
Previous Owner $999,999 New Conventional
Previous Owner $1,254,290 Unknown
Previous Owner $487,718 Unknown
Previous Owner $529,979 New Conventional
Previous Owner $250,685 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Rented $11,700 -2.5% --
06/26/2023 06/26/23 Price Changed $12,000 -14.3% $2 / Sq Ft
05/31/2023 05/31/23 For Rent $14,000 0.0% --
07/18/2022 07/18/22 Rented $14,000 0.0% --
07/16/2022 07/16/22 For Rent $14,000 0.0% --
07/12/2022 07/12/22 Sold $3,050,000 -12.7% $500 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $3,495,000 +898.6% $573 / Sq Ft
12/02/2016 12/02/16 Sold $350,000 -29.9% $57 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $499,000 -- $82 / 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 $29,640 $1,181,880 $180,000 $1,001,880
2023 $29,169 $1,181,880 $180,000 $1,001,880
2022 $16,685 $685,360 $172,000 $513,360
2021 $14,378 $556,160 $160,000 $396,160
2020 $14,514 $556,160 $160,000 $396,160
2019 $8,138 $556,160 $160,000 $396,160
2018 $8,270 $311,960 $160,000 $151,960
2017 $3,551 $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: 1573335

Golden Isles Association of REALTORS®

APN: 04-11159