NOT LISTED FOR SALE

3400 Frederica Rd Saint Simons Island, GA 31522

Estimated Value: $606,000 - $1,126,592

0.58 Acre
$1,444,221 Price per Acre
25,265 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $155,000

Est. 440% increase in value since last sale

Current estimated payment $5,044/month

406 Days on Market

About This Lot

As of June 2022

0.58 Acres outside of flood zone. Great mid-island location. Adjacent to Sea Palms and Fountain Cove. The site is zoned R-12 and could potentially be subdivided into 2 lots or as a single estate tract. There is 50'a buffer agreement along Frederica Road. Sellers are father and stepmother of listing broker. Legal description says Black Banks; however, the property is not part of the subdivision and is not subject to HOA.

Last Agent to Sell the Property

Dustin Lewis

St. Simons Sound Investments License #174280 Listed on: 05/02/2021

Last Buyer's Agent

Lisa Grimes

Maritime Realty Group LLC License #389104

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,044

Lot Details

  • 0.58 Acre Lot
  • Property fronts a county road
  • Zoning described as Res Single,Residential

Community Details

  • Black Banks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-00749

Property Details

Property Type

Land

Est. Annual Taxes

$1,044

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.58
  • Lot Size: ,100,250,251
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Asphalt
  • Ownership: Fee Simple
  • Subdivision Name: Black Banks
  • Directions: Frederica Road north of Sea Island Road intersection. Between Fountain Cove Subdivision and Glynn County Fires Station on Frederica Road. Sign on front of property.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • View: Other, Residential
  • Disclosures: Familial Relation

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Current Use: Other
  • Land Lease: No
  • Lot Size Sq Ft: 25265.0
  • Crops Included: No
  • Parcel #: 04-00749
  • Zoning Description: Res Single,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1044.0
  • Tax Book Number: 810/76
  • Tax Map Number: 0020-10 000-039
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 27, 2022
Sold by
Lewis Glenn Alan
Bought by
Hicks Marvin Paul and Hicks Leanne C
Seller's Agent
Dustin Lewis
St. Simons Sound Investments
Buyer's Agent
Lisa Grimes
Maritime Realty Group LLC
List Price
$300,000
Sold Price
$155,000
Premium/Discount to List
-$145,000
-48.33%
Current Estimated Value
$837,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,648
Avg. Annual Appreciation
67.52%
Original Mortgage
$116,250
Interest Rate
5.1%
Mortgage Type
New Conventional
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
Hicks Marvin Paul $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hicks Marvin Paul $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $155,000 -20.9% --
06/13/2022 06/13/22 Pending -- -- --
04/11/2022 04/11/22 Price Changed $196,000 -34.7% --
05/02/2021 05/02/21 For Sale $300,000 -- --
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 $7,036 $280,560 $108,480 $172,080
2023 $6,301 $251,320 $108,480 $142,840
2022 $1,003 $108,480 $108,480 $0
2021 $1,034 $40,000 $40,000 $0
2020 $1,044 $40,000 $40,000 $0
2019 $1,232 $56,640 $56,640 $0
2018 $1,232 $47,200 $47,200 $0
2017 $822 $31,480 $31,480 $0
2016 $756 $31,480 $31,480 $0
2015 $759 $31,480 $31,480 $0
2014 $759 $31,480 $31,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Lewis

    Seller's Agent in 2022

    Dustin Lewis

    St. Simons Sound Investments

    (912) 634-8330

    1 in this area

    3 Total Sales

    Dustin Lewis
    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Grimes

    Maritime Realty Group LLC

    (912) 230-4282

    11 in this area

    29 Total Sales

    Lisa Grimes
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1625710

Golden Isles Association of REALTORS®

APN: 04-00749

Georgia Glynn County Saint Simons Island 31522

3400 Frederica Rd, Saint Simons Island, GA

This home is located at 3400 Frederica Rd, Saint Simons Island, GA 31522 since 02 May 2021 and is currently estimated at $837,648. 3400 Frederica Rd 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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