NOT LISTED FOR SALE

265 Banks Dr Brunswick, GA 31523

Blythe Island Neighborhood

Estimated Value: $324,000 - $424,400

2 Beds
1 Bath
1,524 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $110,000 $72 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,356/month

46 Days on Market

About This Home

As of October 2019

Renovation or teardown opportunity right on the Turtle River, priced to sell! This home needs a renovation but it's an excellent opportunity for someone wanting a great project on deepwater. The house has good bones, 2 screened in porches. There is additional land next to it listed - 275 Banks Dr.

Last Agent to Sell the Property

Alli Sweat

South + East Properties License #327714 Listed on: 08/13/2019

Last Buyer's Agent

Non-Member Solds Only (Outside) Non-Members Solds Only

Non-member for solds only

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1948

Lot Details

  • 0.72 Acre Lot
  • Waterfront

Interior Spaces

  • 1,524 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Blythe Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-06893

Home Details

Home Type

Single Family

Est. Annual Taxes

$964

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.72
  • Lot Size: ,,,
  • Road Surface Type: Asphalt
  • Subdivision Name: Blythe Village
  • Directions: From Hwy 303 turn onto Banks Dr, home will be 0.6 of a mile on the left.
  • New Construction: No
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1524.0

Exterior Features

  • Lot Features: Additional Land Available, Flood Zone
  • View: Water
  • View: Yes
  • Waterfront Features: Other
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Lot Info

  • Lot Size Sq Ft: 31363.0
  • Parcel #: 03-06893
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 964.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Oct 29, 2019
Sold by
Minchew Dianne C
Bought by
Magdanz Dave and Magdanz Misty
Seller's Agent
Alli Sweat
South + East Properties
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$374,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,100
Avg. Annual Appreciation
23.42%
Original Mortgage
$10,000,000
Outstanding Balance
$8,900,115
Interest Rate
3.65%
Estimated Equity
-$8,524,233

Purchase Details

Closed on
Jul 3, 2007
Sold by
Paxton Haven
Bought by
Big Sandy Partnership Llc
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
Magdanz Dave $110,000 --
Big Sandy Partnership Llc $556,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdanz Dave $75,000
Open Magdanz Dave Charles $139,300
Open Magdanz Dave $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $110,000 -12.0% $72 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $125,000 -- $82 / 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 $3,821 $152,360 $59,040 $93,320
2023 $1,694 $152,360 $59,040 $93,320
2022 $2,117 $140,760 $51,640 $89,120
2021 $1,260 $43,880 $28,360 $15,520
2020 $1,271 $43,880 $28,360 $15,520
2019 $964 $32,120 $28,360 $3,760
2018 $964 $32,120 $28,360 $3,760
2017 $1,190 $40,800 $37,040 $3,760
2016 $1,104 $40,800 $37,040 $3,760
2015 $1,799 $69,440 $47,160 $22,280
2014 $1,799 $69,440 $47,160 $22,280
Source: Public Records

Agents Affiliated with this Home

  • Alli Sweat

    Seller's Agent in 2019

    Alli Sweat

    South + East Properties

    (706) 543-4000

    2 in this area

    182 Total Sales

    Alli Sweat
    Section Image

  • N

    Buyer's Agent in 2019

    Non-Member Solds Only (Outside) Non-Members Solds Only

    Non-member for solds only

See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1612170

Golden Isles Association of REALTORS®

APN: 03-06893

Georgia Glynn County Brunswick 31523 Blythe Island

265 Banks Dr, Brunswick, GA

This home is located at 265 Banks Dr, Brunswick, GA 31523 since 13 August 2019 and is currently estimated at $374,100, approximately $245 per square foot. This property was built in 1948. 265 Banks Dr is a home located in Glynn County with nearby schools including Satilla Marsh Elementary School, Risley 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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