NOT LISTED FOR SALE

Estimated Value: $265,000 - $279,034

2 Beds
2 Baths
1,098 Sq Ft
$336/mo HOA Fee

Last Sold May 05, 2016

Last sale price $135,000 $123 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,917/month

82 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Traditional Architecture
  • Fitness Center
  • Clubhouse
  • Screened Porch

About This Home

As of May 2016

Privacy and safety awaits you at this gated complex at The Merritt on Wilmington Island. This condo is situated in the perfect location within a few feet to the amazing pool and club house. No need to worry about steps at this condo because it's the only ground floor unit available. The building also has a handicap ramp if needed. This lovely condo has been freshly painted, has a split floor plan and brand new HVAC units. Enjoy sipping your morning coffee on the spacious, screened in porch and welcoming the island breezes.

Last Listed By

Wendy Reed

The Landings Company License #286484 Listed on: 01/27/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,098 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Ramps

Schools

  • Marshpoint Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1-0173A-01-146

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,225

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Ada Features: Ramp Access
  • ADA Features: Yes
  • Construction: Frame, Vinyl
  • Current Zoning: PUD
  • Flood Insurance: Unknown
  • Inclusions: Ceiling Fans
  • Legal Description: UNIT 2811 MERRITT AT WHITEMARSH CONDOMINIUM PH 1 CPB 2-206
  • Legal Subdivision: Merritt/Whitemarsh Condo
  • List Price Per Sq Ft: 122.95
  • Num Unit Stories: 1.00000
  • Phase Section: 1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Recreation Facilities: Clubhouse, Fitness Facilities, Golf Course, Playground, Pool-Community, Tennis Courts
  • Road Surface: Asphalt
  • Style: Traditional
  • Year Built: 2003
  • Advertised Subdivision: The Merritt
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Common Walls: 1 Commonwalls
  • Kitchen / Breakfast: Breakfast Area, Pantry
  • Master Bedroom Description: Master Main, Split Plan
  • Total Sq Ft: 1098
  • Unit Floor: 1

Exterior Features

  • Exterior House: Screen Porch
  • Foundation: Raised Slab
  • Roof: Asphalt
  • Structure: Updated

Garage/Parking

  • Parking Description: Parking Lot

Utilities

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 336
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community: Gated, Street Lights

Schools

  • Elementary School: Marshpoint
  • Middle School: Coastal
  • High School: Islands

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Exterior Lot: Sprinkler System
  • List Price Per Acre: 6750000.00
  • Lot Description: Level
  • Lot Size Sq Ft: 871
  • Num Acres: 0.0200
  • Parcel Number: 1-0173A-01-146
  • Property Attached: Yes
  • Property Description: Condominium Conversion

Tax Info

  • Annual Tax: 1225

MLS Schools

  • Elementary School: Marshpoint
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
May 5, 2016
Sold by
Brainard Ryan Lee
Bought by
Kicklighter Diane
Seller's Agent
Wendy Reed
The Landings Company
Buyer's Agent
Carol Anne Hazelman
Keller Williams Coastal Area P
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Total Days on Market
82
Current Estimated Value
$271,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,509

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 24, 2013
Sold by
Roberts Nanette
Bought by
Brainard Ryan Lee and Brainard Melanie Lynn
Seller's Agent
Danny Akins
Keller Williams Coastal Area P
Buyer's Agent
Wendy Reed
The Landings Company
List Price
$115,000
Sold Price
$99,000
Premium/Discount to List
-$16,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$79,200
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2011
Sold by
Lin Geng
Bought by
Roberts Nanette

Purchase Details

Closed on
Feb 26, 2010
Sold by
Bank United Fbs
Bought by
Lin Geng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2009
Sold by
Kale Thomas A
Bought by
Bankunited

Purchase Details

Closed on
May 5, 2006
Sold by
Not Provided
Bought by
Roberts Nanette

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
Kicklighter Diane $135,000 --
Brainard Ryan Lee $99,000 --
Roberts Nanette $105,000 --
Lin Geng $97,000 --
Bankunited $67,500 --
Roberts Nanette $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brainard Ryan Lee $79,200
Previous Owner Lin Geng $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $135,000 -3.5% $123 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $139,900 +41.3% $127 / Sq Ft
05/24/2013 05/24/13 Sold $99,000 -13.9% $90 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $115,000 -- $105 / 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 $907 $98,720 $28,000 $70,720
2023 $781 $89,840 $17,600 $72,240
2022 $755 $67,000 $8,800 $58,200
2021 $753 $58,040 $8,800 $49,240
2020 $739 $58,080 $8,800 $49,280
2019 $910 $52,640 $8,800 $43,840
2018 $1,819 $49,760 $8,800 $40,960
2017 $1,584 $46,160 $8,800 $37,360
2016 $1,409 $42,320 $8,800 $33,520
2015 $1,425 $42,720 $0 $42,720
2014 $1,731 $37,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 152386

Savannah Multi-List Corporation

APN: 10173A01146