NOT LISTED FOR SALE

255 Palm Island Dr Midway, GA 31320

Estimated Value: $222,000 - $269,000

2 Beds
2 Baths
1,224 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $210,000 $172 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,580/month

37 Days on Market

Highlights

  • Boat Ramp
  • Deep Water Access
  • Stream or River on Lot
  • Docks
  • River Front
  • Wood Flooring

About This Home

As of August 2014

Enjoy breathtaking views, serenity, solitude, privacy on Jerico River. Stationary and floating dock, new gangplank, reinforced sea wall. Community boat ramp. Total renovation inside. New cabinets, bamboo flooring, new paint, sprinkler system, roof/2005. Sellers are licensed Realtors in State of GA

Last Agent to Sell the Property

Norma Switzer

Robin Lance Realty License #261052 Listed on: 06/11/2014

Last Buyer's Agent

Scott Shippy

Integrity Real Estate LLC License #328632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • River Front
  • Level Lot
  • Sprinkler System
  • Unpaved Streets
  • Private Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Slab Foundation
  • Asphalt Roof
  • Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Basement Storage

Kitchen

  • Breakfast Area or Nook
  • Single Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deep Water Access
  • Docks
  • Stream or River on Lot
  • Porch

Schools

  • Midway Elementary And Middle School
  • Liberty High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Boat Ramp
  • Community Playground

Listing and Financial Details

  • Exclusions: Swing
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 279A 011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,944

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Annual Flood Insurance: 1182
  • Construction: Siding, Wood
  • Exclusions: Swing
  • Flood Insurance: Yes
  • Home Warranty: Yes
  • Home Warranty: 400
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans
  • Legal Description: Lot 2 Sect A Palm Island 1476 GMD
  • Legal Subdivision: Palm Island Estates
  • List Price Per Sq Ft: 196.00
  • Phase Section: A
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Playground
  • Road Surface: Unpaved
  • Style: Bungalow
  • Year Built: 1983
  • Advertised Subdivision: Palm Island Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric, Icemaker Connection, Microwave, Range/Oven, Refrigerator, Single Oven
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Floors: Ceramic, Hardwood, Tile
  • Kitchen / Breakfast: Breakfast Area, Pantry
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Total Sq Ft: 1224

Exterior Features

  • Other Structures: Out Building, Shed
  • Exterior House: Porch
  • Foundation: Concrete, Off Ground, Slab
  • Nameof Waterway: Jerico
  • Roof: Asphalt
  • Structure: Updated
  • Water Frontage Type: Deep Water, River
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Description: Detached, Storage Room

Utilities

  • Cooling Type: Central, Heat Pump
  • Heating Type: Central, Heat Pump
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Septic Tank
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Boat Ramp

Schools

  • Elementary School: Midway
  • Middle School: Midway
  • High School: Liberty

Lot Info

  • Dock: Yes
  • Exterior Lot: Sprinkler System
  • Lot Description: Level, Private Backyard
  • Lot Dimension: .24
  • Lot Num: 2
  • Lot View: Deep Water, River
  • Parcel Number: 279A 011
  • Property Description: Full Size Lot

MLS Schools

  • Elementary School: Midway
  • HighSchool: Liberty
  • Middle School: Midway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Varner Alan
Bought by
Groover David
Total Days on Market
37
Current Estimated Value
$251,478

Purchase Details

Closed on
Dec 21, 2020
Sold by
Hill Bruce
Bought by
Varner Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Pc Rental Llc
Bought by
Hill Bruce

Purchase Details

Closed on
Oct 20, 2017
Sold by
Guynn Charles B
Bought by
Pc Rental Llc

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 26, 2014
Sold by
Switzer Earl C
Bought by
Guynn Charles B
Seller's Agent
Norma Switzer
Robin Lance Realty
Buyer's Agent
Scott Shippy
Integrity Real Estate LLC
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$178,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2008
Sold by
Wells Miles E
Bought by
Switzer Earl C and Pecenka Robert J

Purchase Details

Closed on
Oct 6, 2005
Sold by
Whisenhunt David M
Bought by
Switzer Earl C and Wells Miles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1992
Bought by
Harding James N
Source: Public Records

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Range of Values:

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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
Groover David $238,241 --
Varner Alan $258,000 --
Hill Bruce $215,000 --
Pc Rental Llc -- --
Guynn Charles B $210,000 --
Switzer Earl C -- --
Switzer Earl C $315,000 --
Harding James N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varner Alan $208,000
Previous Owner Guynn Charles B $178,500
Previous Owner Switzer Earl C $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $210,000 -12.5% $172 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $239,900 -- $196 / Sq Ft
Source: Savannah Multi-List Corporation

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 $2,944 $67,031 $27,343 $39,688
2023 $2,944 $62,640 $27,343 $35,297
2022 $1,954 $57,158 $27,343 $29,815
2021 $2,201 $52,861 $27,343 $25,518
2020 $2,172 $52,145 $27,343 $24,802
2019 $2,132 $52,487 $27,343 $25,144
2018 $1,968 $51,848 $27,343 $24,505
2017 $1,440 $43,729 $18,780 $24,949
2016 $1,569 $44,145 $18,780 $25,365
2015 $1,433 $58,822 $25,039 $33,782
2014 $1,433 $39,776 $14,735 $25,042
2013 -- $36,704 $14,734 $21,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 124111

Savannah Multi-List Corporation

APN: 279A-011