NOT LISTED FOR SALE

240 Sea Palms Colony Unit D Saint Simons Island, GA 31522

Estimated Value: $381,000 - $429,461

2 Beds
2 Baths
1,416 Sq Ft
$450/mo HOA Fee

Last Sold September 29, 2023

Last sale price $385,000 $272 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,783/month

7 Days on Market

Highlights

  • Golf Course Community
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Oglethorpe Point Elementary School Rated A
  • Community Pool
  • Walk-In Closet

About This Home

As of September 2023

Renovated condo in the beautiful Sea Palms community. The SP Colony is a well kept secret! This condo is larger than most in its price range with over 1400 square feet and a split floor plan. It is spacious and great for easy living in a quiet area situated with a large pool in the complex among the golf course and beautiful trees. With a split two bedroom floor plan, this condo is on the second floor and shares no common wall. Sunroom is ideal for a golf course view and office/study if needed. Storage galore with an individual storage closet located next to the condo and a storage closet in front of a reserved covered parking space. For ease, a trash shoot is steps from the condo. Call for more specifics or for a showing. The unit has had many upgrades and special touches added. More pictures to come. Owner in residence currently. Available to show on 8/19.

Last Agent to Sell the Property

Melinda Laager

BHHS Hodnett Cooper Real Estate License #261488 Listed on: 08/13/2023

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Melinda Laager

BHHS Hodnett Cooper Real Estate License #261488 Listed on: 08/13/2023

BHHS Hodnett Cooper Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1974 | Remodeled

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Sun or Florida Room
  • Tile Flooring
  • Breakfast Area or Nook
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Parking

  • 1 Car Garage
  • Carport
  • Parking Storage or Cabinetry
  • Guest Parking
  • Assigned Parking

Schools

  • Oglethorpe Point Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, maintenance exterior, trash, ground maintenance, management fee, pest control, reserve fund, swimming
  • Mid-Rise Condominium
  • Sea Palms Colony Condos Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,889

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • ArchitecturalStyle: Other
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .00
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 1416
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1416
  • Above Grade Finished Sq Ft: 1416
  • Interior Amenities: Tile Bath, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 2
  • Flooring: Tile, Other
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 247.175

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, Carport, Storage, Guest
  • ParkingTotal: 1

Utilities

  • Cooling: Electric, Ceiling Fan(s), Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 5400
  • Association: Yes
  • Community Features: Golf, Pool

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Trash, Maintenance Grounds, Management Fee, Pest Control, Reserve Fund, Swimming

Schools

  • Elementary School: Oglethorpe Point
  • High School: Glynn Academy
  • Middle School: Glynn
  • Elementary School: Oglethorpe Point
  • Middle School: Glynn
  • High School: Glynn Academy

Lot Info

  • Deed Book: 4641
  • Deed Page: 423

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2889.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Sep 29, 2023
Sold by
Patricia A Worley Living Trust
Bought by
Rau Carl E
Seller's Agent
Melinda Laager
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Melinda Laager
BHHS Hodnett Cooper Real Estate
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%
Views
47
Current Estimated Value
$395,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,865
Avg. Annual Appreciation
5.13%
Original Mortgage
$304,200
Outstanding Balance
$299,641
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$125,645

Purchase Details

Closed on
Apr 25, 2019
Sold by
Weiss Paul R
Bought by
Worley Patricia

Purchase Details

Closed on
Aug 24, 2005
Sold by
Arnold Phyllis
Bought by
Weiss Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
5.71%
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 Buyer Sale Price Title Company
Rau Carl E $385,000 --
Patricia A Worley Living Trust -- --
Worley Patricia $255,000 --
Weiss Paul R -- --
Weiss Paul R $236,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patricia A Worley Living Trust $304,200
Previous Owner Weiss Paul R $47,200
Previous Owner Weiss Paul R $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $385,000 +10.0% $272 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $350,000 -- $247 / Sq Ft
Source: Georgia MLS

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 $2,899 $115,600 $0 $115,600
2023 $2,841 $115,600 $0 $115,600
2022 $2,899 $115,600 $0 $115,600
2021 $2,534 $98,000 $0 $98,000
2020 $2,559 $98,000 $0 $98,000
2019 $2,329 $89,200 $0 $89,200
2018 $1,916 $73,400 $0 $73,400
2017 $1,796 $68,800 $0 $68,800
2016 $1,651 $68,800 $0 $68,800
2015 $1,447 $60,040 $0 $60,040
2014 $1,447 $60,040 $0 $60,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10192503

Georgia MLS

APN: 04-00281