NOT LISTED FOR SALE

Estimated Value: $844,522

5 Beds
3 Baths
3,508 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $481,000 $137 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,175/month

39 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Cooling Available
  • Satilla Marsh Elementary School Rated A-
  • Paneling
  • Open Patio

About This Home

As of September 2019

Solid home with one bedroom, 1 bath apt. attached with carport. Low maintenance. Short stroll to the beach. Favorable flood zone. Both sides currently under 1 year leases and are excellent tenants. A side doesn't have an oven.

Last Listed By

Skip Adamson

Seaside Realty, LLC License #5034 Listed on: 07/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • 1 Common Wall
  • Land Lease of $564 per year

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Dishwasher
  • Laundry in Kitchen
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio

Schools

  • Satilla Marsh Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Heat Pump System
  • 220 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Palmetto Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, pest control
  • Assessor Parcel Number 06-00165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: ,,,
  • Road Surface Type: Asphalt
  • Ownership: Leasehold
  • Subdivision Name: Palmetto
  • Directions: From round about go north on Beachview Dr. approx 2.5 miles, Turn left on King Ave , property is third one from the corner.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1964
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Terrazzo
  • Interior Amenities: Attic, Paneling/Wainscoting, Natural Woodwork, Fireplace, Cable TV
  • Living Area: 3508.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Flood Zone, Subdivision
  • View: Residential
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Shake Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Open, Patio
  • Roof: Membrane, Other

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Kitchen
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Propane, Phone Available, Sewer Available, Sewer Connected
  • Water Source: Public

Schools

  • Elementary School: Satilla Marsh
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease Expiration Date: 2088-12-31
  • Land Lease: Yes
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 06-00165
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 564.0
  • Tenant Pays: Cable TV, Electricity, Grounds Care, Pest Control

Tax Info

  • Tax Annual Amount: 3350.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 24, 2019
Sold by
Mcdonough Lawrence Alyosius Estate
Bought by
Adams Anne Mcdonough Suc and Lawrence Alyosius Mcdonough Trust
Seller's Agent
Skip Adamson
Seaside Realty, LLC
Buyer's Agent
Nadia Johnson
DeLoach Sotheby's International Realty
List Price
$525,000
Sold Price
$481,000
Premium/Discount to List
-$44,000
-8.38%
Total Days on Market
39
Current Estimated Value
$844,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,522
Avg. Annual Appreciation
10.55%
Original Mortgage
$408,850
Outstanding Balance
$362,095
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$482,427

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 Buyer Sale Price Title Company
Adams Anne Mcdonough Suc -- --
Simpson Donald R $481,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Donald R $408,850
Closed Adams Anne Mcdonough Suc $408,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $481,000 -8.4% $137 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $525,000 -- $150 / 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 $5,635 $285,040 $64,000 $221,040
2023 $5,491 $285,040 $64,000 $221,040
2022 $4,673 $236,400 $64,000 $172,400
2021 $4,024 $195,240 $56,400 $138,840
2020 $3,932 $187,080 $56,400 $130,680
2019 $275 $146,760 $56,400 $90,360
2018 $379 $146,760 $56,400 $90,360
2017 $379 $131,720 $56,400 $75,320
2016 $282 $131,720 $56,400 $75,320
2015 $282 $131,720 $56,400 $75,320
2014 $282 $131,720 $56,400 $75,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1610738

Golden Isles Association of REALTORS®

APN: 06-00165