NOT LISTED FOR SALE

29 James Pearey Ln Saint Simons Island, GA 31522

Estimated Value: $443,517 - $681,000

1.58 Acres
$355,860 Price per Acre
68,825 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $400,000

Est. 41% increase in value since last sale

Current estimated payment $3,303/month

320 Days on Market

Highlights

  • Lake View
  • Oglethorpe Point Elementary School Rated A
  • Waterfront

About This Lot

As of July 2023

An astonishing 1.58 acre Lake front home site is located on James Pearey Lane in the gated community, Frederica. Nestled under moss-draped oak trees and convenient to all that Frederica has to offer. A prestigious and private club, with top of the line luxury amenities include: dining, tennis court, swimming, fitness center, boating and fishing. Complete with the finest golf course, designed by Tom Fazio, providing a one of a kind golfing experience. Frederica membership application rights are available upon approval. Owner is a licensed Realtor in the state of Georgia.

Last Agent to Sell the Property

George Skarpalezos

BHHS Hodnett Cooper Real Estate License #182287 Listed on: 08/26/2022

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Pam Timbes

The Alsonett Co. License #103134

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,896

Lot Details

  • 1.58 Acre Lot
  • Waterfront

Property Views

  • Lake Views

Community Details

  • Frederica Golf Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-12358

Property Details

Property Type

Land

Est. Annual Taxes

$2,896

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.58
  • Lot Size: ,,,
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through George Skarpalezos, BHHS Hodnett Cooper Real Estate Agent. Turn left onto Pike's Bluff Dr. Turn right onto St Annies Ln. Turn right onto James Peary Ln. Destination will be on the left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Lot Info

  • Lot Size Sq Ft: 68825.0
  • Parcel #: 04-12358
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2896.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Jul 13, 2023
Sold by
Skarpalezos George
Bought by
Vc Dirt Llc
Seller's Agent
George Skarpalezos
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Pam Timbes
The Alsonett Co.
List Price
$520,000
Sold Price
$400,000
Premium/Discount to List
-$120,000
-23.08%
Views
231
Current Estimated Value
$562,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,259
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Timbes Thomas A
Bought by
Skarpalezos George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,717
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2021
Sold by
29 James Pearey Llc
Bought by
Timbes Thomas and Timbes Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,717
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 13, 2019
Sold by
Otto Richard E
Bought by
29 James Pearey Llc
Seller's Agent
Carew Rowell
Carew Rowell Real Estate
Buyer's Agent
Carew Rowell
Carew Rowell Real Estate
List Price
$199,000
Sold Price
$165,000
Premium/Discount to List
-$34,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%
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
Vc Dirt Llc $400,000 --
Skarpalezos George $215,000 --
Timbes Thomas -- --
29 James Pearey Llc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skarpalezos George $185,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $400,000 -19.8% --
01/11/2023 01/11/23 Price Changed $499,000 -4.0% --
08/26/2022 08/26/22 For Sale $520,000 +215.2% --
08/13/2019 08/13/19 Sold $165,000 -17.1% --
07/14/2019 07/14/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $199,000 -- --
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 $4,013 $160,000 $160,000 $0
2023 $4,423 $180,000 $180,000 $0
2022 $2,157 $86,000 $86,000 $0
2021 $2,896 $112,000 $112,000 $0
2020 $2,611 $100,000 $100,000 $0
2019 $2,441 $110,000 $110,000 $0
2018 $2,619 $118,000 $118,000 $0
2017 $3,081 $118,000 $118,000 $0
2016 $2,856 $140,000 $140,000 $0
2015 $3,482 $125,800 $125,800 $0
2014 $3,482 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1635928

Golden Isles Association of REALTORS®

APN: 04-12358