NOT LISTED FOR SALE

142 Point Ln St. Simons Island, GA 31522

Saint Simons Neighborhood

Estimated Value: $4,525,000 - $5,680,000

1.27 Acres
$3,894,431 Price per Acre
55,321 Sq Ft Lot

Last Sold July 12, 2012

Last sale price $515,000

Est. 860% increase in value since last sale

Current estimated payment $31,315/month

111 Days on Market

Highlights

  • Gated Community
  • 1.27 Acre Lot
  • No HOA
  • St. Simons Elementary School Rated A-
  • Private Membership Available

About This Lot

As of July 2012

JUST RECEVED DEEP WATER PERMIT!!!! MARSHFRONT STEAL!!! What a deal over an acre on the marsh in Kings Point. This is priced under appraisal and has fabulous water views. The Sellers are motivated to sell and the price shows this.. Full Sea Island Membership Rights are available.

Last Agent to Sell the Property

Adair Allen

DeLoach Sotheby's International Realty License #257258 Listed on: 02/22/2012

DeLoach Sotheby's International Realty

Last Buyer's Agent

Freddy Stroud

Georgia Coast Realty License #150357

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,155

Lot Details

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

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Kings Point Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$45,155

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.27
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Subdivision Name: Kings Point
  • Directions: Make first right into Kings Point as you enter Kings Way off Torras Causeway. Go through Guard Gate, make the first right. Lot 11 in Down on the right Marsh Front!
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Gated, Private Membership
  • Association: No

Lot Info

  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2012
Closed on
Jul 12, 2012
Sold by
Cjl Llc
Bought by
Lancaster Robert G
Seller's Agent
Adair Allen
DeLoach Sotheby's International Realty
Buyer's Agent
Freddy Stroud
Georgia Coast Realty
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Current Estimated Value
$4,945,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,430,928
Original Mortgage
$365,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2008
Sold by
Sea Island Coastal Propert
Bought by
Lkp 2 Llc 2

Purchase Details

Closed on
Oct 1, 2008
Sold by
Sea Island Coastal Propert
Bought by
Lkp 2 Llc 2
Source: Public Records

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
Lancaster Robert G $515,000 --
Lkp 2 Llc 2 -- --
Lkp 2 Llc 2 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lancaster Robert G $10,000,000
Closed Lancaster Robert G $250,000
Closed Lancaster Robert G $1,300,700
Closed Lancaster Robert G $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2012 07/12/12 Sold $515,000 -10.4% --
06/12/2012 06/12/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $575,000 -- --
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 $45,155 $1,800,520 $232,000 $1,568,520
2023 $22,133 $1,800,520 $232,000 $1,568,520
2022 $22,976 $939,200 $232,000 $707,200
2021 $23,688 $916,160 $220,000 $696,160
2020 $24,046 $916,160 $220,000 $696,160
2019 $23,921 $916,160 $220,000 $696,160
2018 $20,019 $766,720 $220,000 $546,720
2017 $19,772 $752,480 $220,000 $532,480
2016 $18,193 $752,840 $220,000 $532,840
2015 $8,766 $738,240 $220,000 $518,240
2014 $8,766 $363,720 $220,000 $143,720
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Adair Allen

    DeLoach Sotheby's International Realty

    (912) 571-6399

    30 in this area

    43 Total Sales

    Adair Allen
    Section Image
  • Freddy Stroud

    Buyer's Agent in 2012

    Freddy Stroud

    Georgia Coast Realty

    (912) 269-1144

    100 in this area

    136 Total Sales

    Freddy Stroud
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1557760

Golden Isles Association of REALTORS®

APN: 04-11180

Georgia Glynn County Saint Simons Island 31522 Saint Simons

142 Point Ln, Saint Simons Island, GA

This home is located at 142 Point Ln, St. Simons Island, GA 31522 since 22 February 2012 and is currently estimated at $4,945,928. 142 Point Ln is a home located in Glynn County with nearby schools including St. Simons 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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