NOT LISTED FOR SALE

392 Pikes Bluff Drive (Lot 209) St. Simons Island, GA 31522

Estimated Value: $3,668,000 - $5,683,092

1.4 Acres
$3,237,879 Price per Acre
60,984 Sq Ft Lot

Last Sold March 18, 2019

Last sale price $800,000

Est. 467% increase in value since last sale

Current estimated payment $28,045/month

374 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Waterfront
  • Community Lake

About This Lot

As of March 2019

Deep water access on the Frederica River, this home site is 1.48 acres with a beautiful live oak canopy. Located in Phase IV of Frederica Township, this home site is on the river with the ability to add a boat house and dock with lift. A celebrated and prestigious private club, Frederica offers an impressive list of amenities including fine dining, tennis, fitness center, boating, fishing and swimming. A Tom Fazio designed golf course complete with new golf learning center provides for an extraordinary golfing experience each time out on the course. Call for more information or to schedule a personal tour.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 02/07/2018

Co-Listed By

Thomas Elsberry

Frederica Realty License #11810

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 02/07/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,400

Lot Details

  • 1.4 Acre Lot
  • Waterfront
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $350 Monthly HOA Fees

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Additional Features

  • Water Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-13457

Community Details

Overview

  • Private Membership Available
  • Frederica Township Association, Phone Number (912) 634-1500
  • Frederica Golf Club Subdivision
  • Community Lake

Recreation

  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$9,400

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.4
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1143
  • Co List Office Phone: 912-634-1500
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left hand turn into the stables property. The Real Estate office is located on the stables property. Lot 209 is located on the river within the Frederica Township on Pikes Bluff Drive.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: 1 to 5 Acres
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community, Security Service
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Sewer Connected, Septic Available, Underground Utilities, Water Available, Sewer Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Amenities: Fitness Center, Gated, Private Membership
  • Association #2 Fee: 4200.0
  • Association #2 Fee Frequency: Annually
  • Association: Frederica Township Association
  • Association Phone #2: 912-634-1500

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-13457
  • Zoning Description: Res Single

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 9400.13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 19, 2019
Sold by
Frederica Development Grp Llc
Bought by
Veal Daniel D and Veal Elizabeth B
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$1,650,000
Sold Price
$800,000
Premium/Discount to List
-$850,000
-51.52%
Current Estimated Value
$4,533,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,733,031
Avg. Annual Appreciation
29.50%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Veal Daniel D $800,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $800,000 -51.5% --
02/16/2019 02/16/19 Pending -- -- --
02/07/2018 02/07/18 For Sale $1,650,000 -- --
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
2025 $45,925 $1,831,200 $580,000 $1,251,200
2024 $25,734 $1,026,120 $296,000 $730,120
2023 $24,710 $1,026,120 $296,000 $730,120
2022 $10,814 $1,448,440 $296,000 $1,152,440
2021 $11,280 $436,200 $360,000 $76,200
2020 $8,355 $320,000 $320,000 $0
2019 $7,102 $320,000 $320,000 $0
2018 $10,227 $391,680 $391,680 $0
2017 $10,227 $391,680 $391,680 $0
2016 $8,878 $435,200 $435,200 $0
2015 $8,915 $435,200 $435,200 $0
2014 $8,915 $435,200 $435,200 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller Co-Listing Agent in 2019

    Thomas Elsberry

    Frederica Realty

    (404) 213-7665

    73 Total Sales

    Thomas Elsberry
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1587383

Golden Isles Association of REALTORS®

APN: 04-13457

Georgia Glynn County Saint Simons Island 31522

392 Pikes Bluff Drive (Lot 209), Saint Simons Island, GA

Not Listed for Sale

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