NOT LISTED FOR SALE

342 Major Wright Rd Saint Simons Island, GA 31522

Estimated Value: $1,315,000 - $1,857,000

5 Beds
5.5 Baths
4,548 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,280,000 $281 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,792/month

13 Days on Market

Highlights

  • New Construction
  • Oglethorpe Point Elementary School Rated A
  • 3 Car Garage

About This Home

As of May 2023

Construction starting soon on this spacious classic designed home. The main house offers a welcoming front porch & 4 Bedrooms, 4 1/2 Baths. (5th Bedroom is Bonus over Garage. Perfect Guest Suite or office) Formal DR, Kitchen with Island flows to Breakfast area & Great Room which opens to the back porch. The Main Bedroom is on the first floor with walk-in closet, large shower, double vanities & linen closet. There is a half bath, laundry & mud room which opens to the breezeway leading to the 3 Car Garage with Bonus room & Bath above. Upstairs there are 3 large Bedrooms with private Baths. Buy now & select decor. X Flood zone & room to add a pool. Construction build time approximately 5-6 months. Photo is of similar home

Last Agent to Sell the Property

Pam Timbes

The Alsonett Co. License #103134 Listed on: 10/19/2022

Last Buyer's Agent

James Laurens

Compass360 Realty, Inc. License #312499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,402

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.45 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • 4,548 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Orange Grove Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-15648

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,402

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: ,,,
  • Subdivision Name: Orange Grove
  • Directions: Frederica Road to Major Wright
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 4548.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Home Warranty: Yes

Garage/Parking

  • Garage Spaces: 3.0

Lot Info

  • Development Status: Proposed
  • Parcel #: 04-15648
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
May 31, 2023
Sold by
Stwcate Llc
Bought by
Vensas Richard J and Vensas Judith E
Seller's Agent
Pam Timbes
The Alsonett Co.
Buyer's Agent
James Laurens
Compass360 Realty, Inc.
List Price
$1,250,000
Sold Price
$1,280,000
Premium/Discount to List
$30,000
2.4%
Views
62
Current Estimated Value
$1,488,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,978
Avg. Annual Appreciation
6.65%
Original Mortgage
$644,500
Outstanding Balance
$172,854
Interest Rate
6.39%
Mortgage Type
Mortgage Modification
Estimated Equity
$1,316,124
Source: Public Records

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
Vensas Richard J $1,280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vensas Richard J $644,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,280,000 +2.4% $281 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $1,250,000 -- $275 / 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 $10,402 $414,760 $51,960 $362,800
2023 $3,856 $151,840 $51,760 $100,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1636858

Golden Isles Association of REALTORS®

APN: 04-15648