NOT LISTED FOR SALE

Estimated Value: $404,132 - $585,000

2 Beds
2 Baths
1,176 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $375,000 $319 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,810/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Breakfast Bar
  • Satilla Marsh Elementary School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of February 2022

Exceptional opportunity to own half of a two family home on Beautiful Jekyll Island! Duplexes do not become available very often so please make arrangements to see this single story 2 bedroom, 2 bath as soon as possible! Has a fenced in backyard and short walk to the beach. Being sold furnished and could be a turn key vacation rental!

Last Listed By

Anthony Holtz

Jekyll Realty License #418267 Listed on: 01/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Land Lease of $564 per year

Home Design

  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Satilla Marsh Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Cable TV Available

Community Details

  • Oak Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-00902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,287

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: ,,,
  • Co List Office Mls Id: 133
  • Co List Office Phone: 912-635-3301
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Oak Grove
  • Directions: Highway 520 to Jekyll Island. Exit round about headed north on Beachview Drive past the Convention Center. Should be approximately 2 miles to Captain Wylly. Take a left then take a right onto Lanier Road. Unit is located on the right side Lanier Road at 23 #A Lanier Road.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Windows
  • Structure Type: Duplex
  • Year Built: 1963
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cable TV
  • Living Area: 1176.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Wood, Fenced
  • Pool Features: None
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Concrete, Drywall
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Laundry Room, Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Sewer Available, Sewer Connected
  • Water Source: Public

Schools

  • Elementary School: Satilla Marsh
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease Expiration Date: 2088-12-31
  • Land Lease: Yes
  • Parcel #: 06-00902
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 564.0
  • Lease Term: Other

Multi Family

  • Existing Lease Type: Other

Tax Info

  • Tax Annual Amount: 2287.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 3, 2022
Sold by
Malone Ellis L
Bought by
Mounsey Mark G and Potter Susan Lynn
Seller's Agent
Anthony Holtz
Jekyll Realty
List Price
$359,000
Sold Price
$375,000
Premium/Discount to List
$16,000
4.46%
Total Days on Market
1
Current Estimated Value
$467,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,783
Avg. Annual Appreciation
9.88%
Original Mortgage
$337,500
Outstanding Balance
$319,793
Interest Rate
3.92%
Mortgage Type
Cash
Estimated Equity
$185,676

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
Mounsey Mark G $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mounsey Mark G $337,500
Previous Owner Berry Jack R $50,000
Previous Owner Berry Jack R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $375,000 +4.5% $319 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $359,000 -- $305 / 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 $2,447 $123,760 $32,000 $91,760
2023 $2,384 $123,760 $32,000 $91,760
2022 $1,982 $100,240 $32,000 $68,240
2021 $2,287 $110,960 $56,400 $54,560
2020 $2,265 $107,760 $56,400 $51,360
2019 $2,197 $104,520 $56,400 $48,120
2017 $2,179 $95,360 $56,400 $38,960
2016 $2,016 $95,360 $56,400 $38,960
2015 $2,025 $95,360 $56,400 $38,960
2014 $2,025 $95,360 $56,400 $38,960
Source: Public Records

Agents Affiliated with this Home

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Source: Golden Isles Association of REALTORS®

MLS Number: 1632157

Golden Isles Association of REALTORS®

APN: 06-00902