NOT LISTED FOR SALE

2003 Sea Palms West Dr Unit LOT 2 St. Simons Island, GA 31522

Estimated Value: $1,048,696 - $1,294,000

0.48 Acre
$2,465,467 Price per Acre
20,909 Sq Ft Lot

Last Sold January 31, 2014

Last sale price $140,500

Est. 742% increase in value since last sale

Current estimated payment $7,062/month

659 Days on Market

About This Lot

As of January 2014

Approx. 1/2 acre lot directly on the marsh with beautiful sweeping views toward the mainland. Approx 112' width across the edge of the marsh in rear of lot. Marsh Point is a well established upscale coastal community with many lovely well maintained large homes. Build/Invest. Come take a look at this large marsh lot. This lot is a good value to consider for your island home with amazing views, excellent location & quality neighborhood. SELLER VERY MOTIVATED!! Survey Av. Come See!

Last Agent to Sell the Property

Vel Knight McGrath, ABR

Seascape Company Inc. License #201793 Listed on: 03/13/2012

Last Buyer's Agent

Anna Johnson

Signature Properties Group Inc. License #183622

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,466

Lot Details

  • 0.48 Acre Lot
  • Property fronts a county road
  • Cleared Lot
  • Zoning described as Res Single

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Oglethorpe Elementary School
  • Glynn Academy High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • Marsh Point Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,466

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.48
  • Lot Size: 99,112,231,174
  • Road Frontage Type: County Road
  • Subdivision Name: Marsh Point
  • Directions: Take Frederica North & turn left onto General Oglethorpe Rd. past Sea Palms Real Estate office. Then at end of Oglethorpe turn rt. on Sea Palms W. Dr. Follow all the way until you see Marsh Point S/D & the road becomes Marsh Point Lane. This lot is the first vacant lot on your lt. as you enter Marsh Point S/D.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy

Lot Info

  • Lot Size Sq Ft: 20809.0
  • Zoning Description: Res Single

Tax Info

  • Tax Annual Amount: 1466.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
Jan 31, 2014
Sold by
Hornbuckle James
Bought by
Walden Thomas and Walden Christine
Seller's Agent
Vel Knight McGrath, ABR
Seascape Company Inc.
Buyer's Agent
Anna Johnson
Signature Properties Group Inc.
List Price
$169,900
Sold Price
$140,500
Premium/Discount to List
-$29,400
-17.3%
Current Estimated Value
$1,183,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042,924
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Ray Daryl B
Bought by
Hornbuckle James H and Hornbuckle Ashley J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walden Thomas $140,500 --
Hornbuckle James H $250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $140,500 -17.3% --
01/01/2014 01/01/14 Pending -- -- --
03/13/2012 03/13/12 For Sale $169,900 -- --
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
2025 $9,165 $365,440 $99,800 $265,640
2024 $8,527 $340,000 $99,800 $240,200
2023 $5,926 $340,000 $99,800 $240,200
2022 $6,436 $304,080 $63,880 $240,200
2021 $6,632 $259,640 $63,880 $195,760
2020 $6,693 $259,640 $63,880 $195,760
2019 $6,693 $259,640 $63,880 $195,760
2018 $6,904 $259,640 $63,880 $195,760
2017 $6,904 $259,640 $63,880 $195,760
2016 $4,166 $168,360 $63,880 $104,480
2015 $1,540 $56,200 $56,200 $0
2014 $1,540 $63,880 $63,880 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vel Knight McGrath, ABR

    Seascape Company Inc.

  • A

    Buyer's Agent in 2014

    Anna Johnson

    Signature Properties Group Inc.

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1558063

Golden Isles Association of REALTORS®

APN: 04-09502

Georgia Glynn County Saint Simons Island 31522

2003 Sea Palms West Dr Unit LOT 2, Saint Simons Island, GA

Not Listed for Sale

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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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