NOT LISTED FOR SALE

16 Somerset Trace St. Simons Island, GA 31522

Estimated Value: $2,792,000 - $3,489,758

5 Beds
6 Baths
4,879 Sq Ft
$641/Sq Ft Est. Value

About This Home

This home is located at 16 Somerset Trace, St. Simons Island, GA 31522 and is currently estimated at $3,127,940, approximately $641 per square foot. 16 Somerset Trace is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Davidson Gerald Dallas
Bought by
Penn Owen Clinton and Owen Gwen P
Current Estimated Value
$3,127,940

Purchase Details

Closed on
Dec 7, 2021
Sold by
Guyton Robert Allan
Bought by
Davidson Gerald Dallas and Davidson Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Curtis Christopher C
Bought by
Guyton Robert Allan and Guyton Mary Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Penn Owen Clinton $3,150,000 --
Davidson Gerald Dallas $1,500,000 --
Guyton Robert Allan $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Gerald Dallas $2,000,000
Source: Public Records

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
2025 $24,659 $983,240 $339,280 $643,960
2024 $24,659 $983,240 $339,280 $643,960
2023 $24,713 $1,000,560 $339,280 $661,280
2022 $13,008 $518,680 $199,200 $319,480
2021 $3,877 $149,920 $149,920 $0
2020 $4,484 $171,720 $171,720 $0
2019 $5,144 $197,000 $197,000 $0
2018 $5,144 $197,000 $197,000 $0
2017 $6,229 $238,560 $238,560 $0
2016 $5,725 $238,560 $238,560 $0
2015 $5,175 $214,720 $214,720 $0
2014 $5,175 $214,720 $214,720 $0
Source: Public Records

Map

Georgia Glynn County Saint Simons Island 31522

16 Somerset Trace, Saint Simons Island, GA

Not Listed for Sale

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