NOT LISTED FOR SALE

2257 Formosa Cir Brunswick, GA 31520

Magnolia Park Neighborhood

Estimated Value: $179,131

3 Beds
1 Bath
1,100 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $172,000 $156 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,087/month

16 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Garage
  • Double Pane Windows
  • Central Air
  • Energy-Efficient Windows

About This Home

As of April 2023

All this home needs is a new owner! Move in ready! New appliances, HVAC, metal roof, cabinets, interior doors, fixtures, countertops, hot water heater. Renovated and will qualify for all financing types. Carport can easily be enclosed to add additional bedroom and ensuite bathroom if you need to grow the space.

Last Agent to Sell the Property

Jill Jernigan

Top REO Pros, Inc. License #245969 Listed on: 02/27/2023

Last Buyer's Agent

Jenni Padgett

Coldwell Banker Access Realty SSI License #401264

Coldwell Banker Access Realty SSI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1972

Lot Details

  • 9,757

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Double Pane Windows
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • 1 Carport Space
  • Driveway

Schools

  • Golden Isles Elementary School
  • Jane Macon Middle School
  • Brunswick High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Energy-Efficient Windows
  • 9,757 Sq Ft Lot

Community Details

  • Magnolia Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-06471

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: ,,,
  • Road Surface Type: Asphalt
  • Subdivision Name: Magnolia Park
  • Directions: Altama, Right on Tara next to Five Star Credit Union. Take 2nd right on Cherry and then 2nd left on Formosa. House will be on the right. House number on house.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Windows
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1100.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: City Lot
  • View: Residential
  • Construction Type: Brick
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Driveway, Garage, Paved, Rear/Side/Off Street

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Schools

  • Elementary School: Golden Isles
  • High School: Brunswick High School
  • Middle Or Junior School: Jane Macon

Lot Info

  • Lot Size Sq Ft: 9757.0
  • Parcel #: 01-06471
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1080.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 21, 2023
Sold by
Boyd Jared
Bought by
Gonzales Valarie Lynn and Jenkins Patricia Lee
Seller's Agent
Jill Jernigan
Top REO Pros, Inc.
Buyer's Agent
Jenni Padgett
Coldwell Banker Access Realty SSI
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%
Views
181
Current Estimated Value
$179,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,131
Avg. Annual Appreciation
5.40%
Original Mortgage
$166,259
Outstanding Balance
$162,415
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$31,722

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 2, 2021
Sold by
Fannie Mae
Bought by
Boyd Jared
Seller's Agent
Jill Jernigan
Top REO Pros, Inc.
Buyer's Agent
Jill Jernigan
Top REO Pros, Inc.
List Price
$54,000
Sold Price
$54,900
Premium/Discount to List
$900
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.40%

Purchase Details

Closed on
Mar 2, 2021
Sold by
Reverse Mtg Funding Llc
Bought by
Federal National Mtg Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gonzales Valarie Lynn $172,000 --
Boyd Jared $54,000 --
Federal National Mtg Association -- --
Reverse Mtg Funding Llc $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Valarie Lynn $166,259
Previous Owner Brown Florence E $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $172,000 -4.4% $156 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $179,900 +227.7% $164 / Sq Ft
06/02/2021 06/02/21 Sold $54,900 +1.7% $54 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $54,000 -- $53 / 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 $1,333 $63,400 $5,000 $58,400
2023 $1,543 $34,800 $5,000 $29,800
2022 $1,080 $21,040 $5,000 $16,040
2021 $890 $16,280 $5,000 $11,280
2020 $760 $20,800 $5,000 $15,800
2019 $164 $20,800 $5,000 $15,800
2018 $87 $20,800 $5,000 $15,800
2017 $595 $19,000 $5,000 $14,000
2016 $613 $25,560 $5,000 $20,560
2015 $612 $23,840 $5,000 $18,840
2014 $612 $23,840 $5,000 $18,840
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jill Jernigan

    Top REO Pros, Inc.

    (912) 506-4849

    2 in this area

    79 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jenni Padgett

    Coldwell Banker Access Realty SSI

    (912) 270-0783

    1 in this area

    37 Total Sales

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1638617

Golden Isles Association of REALTORS®

APN: 01-06471

Georgia Glynn County Brunswick 31520 Magnolia Park

2257 Formosa Cir, Brunswick, GA

This home is located at 2257 Formosa Cir, Brunswick, GA 31520 since 27 February 2023 and is currently priced at $179,131, approximately $162 per square foot. This property was built in 1972. 2257 Formosa Cir is a home located in Glynn County with nearby schools including Golden Isles Elementary School, Jane Macon Middle School, and Brunswick High School.

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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