NOT LISTED FOR SALE

17 Somerset Trace Saint Simons Island, GA 31522

2.38 Acres
-- Price per Acre
103,673 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $300,000

Highlights

  • Gated Community
  • Lake View
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Waterfront
  • Community Lake

About This Lot

As of April 2022

This beautiful lakefront property offers over 2.3 acres and 150 feet of lake frontage along with a majestic live oak canopy. Located on the tree lined Somerset Trace with only two lakefront homesites, this cul de sac is close to all the Frederica Golf Club amenities. A southwest exposure and quiet lake setting, this property is not to be missed. A celebrated and prestigious private club, Frederica offers an impressive list of amenities including fine dining, tennis, fitness center, boating, fishing and swimming. A Tom Fazio designed golf course complete with new golf learning center provides for an extraordinary golfing experience each time out on the course.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 04/07/2022

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 04/07/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,700

Lot Details

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

HOA Fees

  • $367 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Listing and Financial Details

  • Assessor Parcel Number 04-12435

Community Details

Overview

  • Association fees include road maintenance
  • Private Membership Available
  • Frederica Township Association, Phone Number (912) 634-1500
  • Frederica Golf Club Subdivision
  • Community Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,700

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.38
  • Lot Size: ,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left turn into the stables property. The Real Estate office is located on the stables property. Lot 81 is located within the Frederica Township In Phase I on Somerset Trace.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: 1 to 5 Acres
  • View: Lake, Other
  • View: Yes
  • Waterfront Features: Dock Access, Lake
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure, Potential Short Sale

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Amenities: Gated, Private Membership
  • Association #2 Fee Frequency: Annually
  • Association Fee: 4400.0
  • Association Fee Frequency: Annually
  • Association Name: Frederica Township Association
  • Phone: 912-634-1500
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, Road Maintenance

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Current Use: Residential
  • Parcel #: 04-12435
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 4699.8
  • Tax Year: 2018

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

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $300,000 -33.3% --
04/07/2022 04/07/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $450,000 -- --
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 $4,514 $180,000 $180,000 $0
2023 $2,949 $120,000 $120,000 $0
2022 $3,511 $140,000 $140,000 $0
2021 $2,896 $112,000 $112,000 $0
2020 $2,611 $100,000 $100,000 $0
2019 $3,655 $140,000 $140,000 $0
2018 $3,655 $140,000 $140,000 $0
2017 $3,394 $130,000 $130,000 $0
2016 $3,360 $140,000 $140,000 $0
2015 $4,097 $180,000 $180,000 $0
2014 $4,097 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1633422

Golden Isles Association of REALTORS®

APN: 04-12435