$525,000
SOLD APR 13, 2018
5 Beds
3 Baths
2,340 Sq Ft
7,600 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

8% Below List Price

32 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Screened Porch
  • St. Simons Elementary School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of April 2018

Behind Crab Trap area South SSI! X Zone! An amazing opportunity for a well designed, solidly built, rare TRI-PLEX in the heart of the beach area of St. Simons and just a few short blocks to the beach. Create an incredible vacation rental with plenty of room for a pool and lots of parking on a generous lot or keep current tenants. This cool 60's era design has so many neat building features including vaulted ceilings and gorgeous terrazo floors throughout. With a total of 5 bedrooms between three units, the possibilities are endless. Keep a unit for yourself and rent the other two or rent all. A door between two of the units that could be easily re-added to make a 4/2 and a 1/1. Each has private outdoor space and two have porches. All appl incl 3 sets of washer/dryers, new roof. Great find!

Last Agent to Sell the Property

Michele Beveridge

Banker Real Estate License #279819 Listed on: 02/10/2018

Last Buyer's Agent

Non-Member Solds Only (Outside) Non-Members Solds Only

Non-member for solds only

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1963

Lot Details

  • 7,600 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Screened Porch
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Driveway
  • Unpaved Parking

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Beach Drive Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-03745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 120,125,74,59
  • Road Surface Type: Gravel, Paved
  • Ownership: Fee Simple
  • Subdivision Name: Beach Drive Place
  • Directions: From the Village, drive north on Ocean, left on Demere and right on Beach Drive. Take Sherman to the left and the house is in front of you at the end of Sherman. Go left on Sanctuary Cove (paved with concrete) to acess the gravel parking lot on the right for 21 Sanctuary Cove.
  • Architectural Style: Contemporary, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Terrazzo
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Living Area: 2340.0
  • Stories: 1

Exterior Features

  • View: Residential
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding, Drywall
  • Exterior Features: Porch, Unpaved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Lot Size Sq Ft: 7600.0
  • Parcel #: 04-03745
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3689.75
  • Tax Book Number: 3716/265
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Westmoreland Melvin K
Bought by
Ssw Props Iii Llc
Total Days on Market
32
Current Estimated Value
$1,031,980

Purchase Details

Listed on
Feb 10, 2018
Closed on
Apr 13, 2018
Sold by
Westmoreland Sally S
Bought by
Westmoreland Sally S and Westmoreland Melvin K
Seller's Agent
Michele Beveridge
Banker Real Estate
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$393,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2018
Closed on
Apr 12, 2018
Sold by
Ryan William Patrick
Bought by
Westmoreland Sally S
Seller's Agent
Michele Beveridge
Banker Real Estate
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2017
Sold by
Tullos John R
Bought by
Ryan William Patrick and Ryan Ellen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $525,000 --
Warranty Deed $470,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $393,750 New Conventional
Previous Owner $352,500 New Conventional
Previous Owner $278,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 For Rent $1,300 0.0% --
09/08/2021 09/08/21 Rented $1,300 0.0% --
04/13/2018 04/13/18 Sold $525,000 -7.7% $224 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $569,000 -- $243 / 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 $7,273 $290,000 $213,160 $76,840
2023 $7,251 $290,000 $213,160 $76,840
2022 $5,200 $290,000 $209,560 $80,440
2021 $5,358 $202,360 $133,040 $69,320
2020 $5,409 $202,360 $133,040 $69,320
2019 $4,620 $202,520 $133,040 $69,480
2018 $4,728 $176,280 $106,440 $69,840
2017 $3,980 $170,840 $95,800 $75,040
2016 $3,666 $154,760 $95,800 $58,960
2015 $3,681 $154,760 $95,800 $58,960
2014 $3,681 $154,760 $95,800 $58,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1587451

Golden Isles Association of REALTORS®

APN: 04-03745