NOT LISTED FOR SALE

26 Somerset (Lot 5) St. Simons Island, GA 31522

Estimated Value: $781,533

2.15 Acres
$363,504 Price per Acre
93,654 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $392,500

Est. 99% increase in value since last sale

Current estimated payment $5,005/month

102 Days on Market

Highlights

  • Docks
  • Fitness Center
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Community Pool

About This Lot

As of March 2017

Gorgeous views from this Marsh front home site in Frederica. Lot adjacent listed for sale as well. Located in Phase I of Frederica Township, this home site is on the marsh with convenient access to all that Frederica has to offer. A celebrated and prestigious private club, Frederica offers an impressive list of amenities including fine dining, tennis, fitness center, boating, fishing and swimming. A Tom Fazio designed golf course complete with new golf learning center provides for an extraordinary golfing experience each time out on the course. Call for more information or to schedule a personal tour.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 11/07/2016

Co-Listed By

Thomas Elsberry

Frederica Realty License #11810

Last Buyer's Agent

R. Don Lewis, Jr.

Sea Island Properties License #247953

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,531

Lot Details

  • 2.15 Acre Lot
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $333 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-12428

Community Details

Overview

  • Private Membership Available
  • Frederica Golf Club Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Docks

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,531

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.15
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Co List Office Mls Id: 1143
  • Co List Office Phone: 912-634-1500
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: Take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left hand turn into the stables property. The Real Estate office is located on the stables property. Lot 27 is located within Frederica Township on St. Annie's Lane.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Pool Features: Association
  • Waterfront: No

Utilities

  • Security: Gated Community
  • Utilities: Sewer Available, Sewer Connected, Septic Available, Underground Utilities
  • Water Source: Public, Well

Condo/Co-op/Association

  • Amenities: Dock, Fitness Center, Golf Course, Gated, Private Membership, Pool, Tennis Court(s)
  • Association Fee: 3997.0
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-12428
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Mcgarrity Todd
Bought by
Vasquez Francisco J and Vasquez Kirsten Keegan
Current Estimated Value
$781,533

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 29, 2017
Sold by
Curtis Christopher C
Bought by
Mcgarrity Todd and Mcgarrity Anna
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
R. Don Lewis, Jr.
Sea Island Properties
List Price
$465,000
Sold Price
$392,500
Premium/Discount to List
-$72,500
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
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
Vasquez Francisco J $455,000 --
Mcgarrity Todd $392,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $392,500 -15.6% --
02/17/2017 02/17/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $465,000 -- --
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 $6,531 $260,400 $260,400 $0
2023 $6,399 $260,400 $260,400 $0
2022 $3,834 $152,880 $152,880 $0
2021 $2,976 $115,080 $115,080 $0
2020 $3,441 $131,800 $131,800 $0
2019 $3,948 $151,200 $151,200 $0
2018 $3,948 $151,200 $151,200 $0
2017 $4,863 $186,240 $186,240 $0
2016 $4,470 $186,240 $186,240 $0
2015 $4,058 $168,400 $168,400 $0
2014 $4,058 $168,400 $168,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1581032

Golden Isles Association of REALTORS®

APN: 04-12428