NOT LISTED FOR SALE

26 Somerset Trace Saint Simons Island, GA 31522

Estimated Value: $781,533

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

Last Sold October 08, 2021

Last sale price $455,000

Est. 72% increase in value since last sale

Current estimated payment $5,039/month

127 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 October 2021

Gorgeous views from this Marsh front home site in Frederica. Enjoy the sunsets from this Western exposure with long marsh views. One of the most spectacular live oak canopy's available at Frederica, this home site is a gem. With over two acres, this is one of the largest marsh sites on the market. The owner ended up purchasing a completed home at Frederica. They have a full set of plans available to purchase with the lot, featuring 5,315 conditioned square feet featuring an open floor plan, 5 bedrooms, 5 1/2 baths, several family spaces including a two bedroom guest house. Located in Phase I of Frederica Township, this home site is on the marsh with convenient access to all that Frederica has to offer.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 05/03/2021

Co-Listed By

Thomas Elsberry

Frederica Realty License #11810

Last Buyer's Agent

Thomas Elsberry

Frederica Realty License #11810

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

  • $367 Monthly HOA Fees

Schools

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

Additional Features

  • Property Views

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

$367 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.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1 to 5 Acres
  • Pool Features: Association
  • View: Marsh View
  • View: Yes
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Dock, Fitness Center, Golf Course, Gated, Private Membership, Pool, Tennis Court(s)
  • Association Fee: 4400.0
  • Association Fee Frequency: Annually
  • Association: Yes

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

Listed on
May 3, 2021
Closed on
Oct 8, 2021
Sold by
Mcgarrity Todd
Bought by
Vasquez Francisco J and Vasquez Kirsten Keegan
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
Thomas Elsberry
Frederica Realty
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%
Current Estimated Value
$781,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,533
Avg. Annual Appreciation
14.01%

Purchase Details

Closed on
Mar 29, 2017
Sold by
Curtis Christopher C
Bought by
Mcgarrity Todd and Mcgarrity Anna
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
Vasquez Francisco J $455,000 --
Mcgarrity Todd $392,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $455,000 -3.0% --
09/08/2021 09/08/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $469,000 -- --
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

  • T

    Seller Co-Listing Agent in 2021

    Thomas Elsberry

    Frederica Realty

    (404) 213-7665

    78 Total Sales

    Thomas Elsberry
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1625730

Golden Isles Association of REALTORS®

APN: 04-12428

Georgia Glynn County Saint Simons Island 31522

26 Somerset Trace, Saint Simons Island, GA

This home is located at 26 Somerset Trace, Saint Simons Island, GA 31522 since 03 May 2021 and is currently estimated at $781,533. 26 Somerset Trace is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

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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