NOT LISTED FOR SALE

225 Olive Way Saint Simons Island, GA 31522

Estimated Value: $2,154,914 - $2,345,000

4 Beds
4.5 Baths
2,310 Sq Ft
$977/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $1,110,000 $481 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $13,169/month

298 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Contemporary Architecture
  • St. Simons Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2020

This stunning newly-renovated steps from the beach- house is not one to miss!! This gorgeous designer's home comes fully furnished and is move-in ready with no detail overlooked. Incredibly functional interior spaces with 4 bedrooms + 4.5 all-new bathrooms as well as the PERFECT outdoor patio+pool paradise. With all-new plumbing throughout, all new Pella windows with 10 yr warranty, just-refinished wood flooring, freshly-painted interior spaces, along with a 1-YEAR BUILDERS WARRANTY! ALSO, AN ADDITIONAL 25K CREDIT TOWARDS ELEVATOR INSTALLATION *with an accepted offer* This property lacks nothing and has everything and more of what you would want for your perfect beach home. Ideal investment for a primary residence, a second home, vacation retreat, and/or rental property.

Last Agent to Sell the Property

Elise Brumbach

Brumbach Real Estate License #352266 Listed on: 08/01/2019

Last Buyer's Agent

Debi Mason

Coastal Real Estate, Inc. License #170028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,440

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Asphalt Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-08378

Community Details

Overview

  • Watermark Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,440

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: ,,,
  • Subdivision Name: Watermark
  • Directions: Head southeast toward Demere Rd, Turn left onto Demere Rd, Turn left onto E Beach Causeway, Turn right onto Ocean Blvd, Turn left onto N Olive Way, Turn right onto Wood Ave, Turn left onto Olive Way- 225- house is on the right.
  • Architectural Style: Cottage, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Windows
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2310.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone
  • Pool Features: In Ground, Pool
  • Waterfront Features: Beach Access
  • Home Warranty: Yes
  • Construction Type: Stucco, Drywall
  • Exterior Features: Deck, Fire Pit, Outdoor Shower, Other, Porch
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Deck, Open, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt, Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach

Schools

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

Lot Info

  • Parcel #: 04-08378
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Russell Tyler
Bought by
Laminar Properties Llc
Current Estimated Value
$2,256,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Outstanding Balance
$1,105,616
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$1,151,363

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jun 25, 2020
Sold by
Anderson John
Bought by
Bell Phillip H and Bell Pamela T
Seller's Agent
Elise Brumbach
Brumbach Real Estate
Buyer's Agent
Debi Mason
Coastal Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,110,000
Premium/Discount to List
-$90,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$700,000
Interest Rate
3.1%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Laminar Properties Llc -- --
Russell Tyler $1,499,000 --
Bell Phillip H $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Phillip H $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $1,110,000 -7.5% $481 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,200,000 -- $519 / 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 $14,440 $575,800 $260,000 $315,800
2023 $14,275 $575,800 $260,000 $315,800
2022 $14,565 $575,800 $260,000 $315,800
2021 $11,074 $423,400 $260,000 $163,400
2020 $8,760 $330,720 $260,000 $70,720
2019 $8,760 $330,720 $260,000 $70,720
2018 $8,760 $330,720 $260,000 $70,720
2017 $8,760 $330,720 $260,000 $70,720
2016 $8,062 $330,720 $260,000 $70,720
2015 $8,095 $330,720 $260,000 $70,720
2014 $8,095 $330,720 $260,000 $70,720
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elise Brumbach

    Brumbach Real Estate

    (912) 547-7545

    9 in this area

    22 Total Sales

    Elise Brumbach
    Section Image

  • D

    Buyer's Agent in 2020

    Debi Mason

    Coastal Real Estate, Inc.

    (912) 638-0033

    24 in this area

    54 Total Sales

    Debi Mason
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1611986

Golden Isles Association of REALTORS®

APN: 04-08378

Georgia Glynn County Saint Simons Island 31522

225 Olive Way, Saint Simons Island, GA

This home is located at 225 Olive Way, Saint Simons Island, GA 31522 since 01 August 2019 and is currently estimated at $2,256,979, approximately $977 per square foot. This property was built in 1990. 225 Olive Way is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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