NOT LISTED FOR SALE

400 Magnolia Ave Saint Simons Island, GA 31522

Estimated Value: $1,120,993 - $1,549,000

3 Beds
3 Baths
1,992 Sq Ft
$635/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $512,695 $257 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $7,363/month

184 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • St. Simons Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Mallery Park

About This Home

As of January 2019

Coastal Cottage located on a beautiful, oak-covered corner lot just steps from your favorite restaurants, shops, parks, pier and beach. Enjoy modern amenities such as updated bathrooms, remodeled kitchen with shaker-style white cabinets, quartz countertops & stainless steel appliances, beautiful hardwood floors, spacious master suite with large tile shower and claw-footed tub and vaulted ceilings with tongue & groove wood. Master suite and guest bedroom with bath are on the ground floor with large 3rd bedroom and private bath on second floor. The yard is completely fenced and has a spacious storage building and a two-car carport. Awesome location with authentic St. Simons Charm and has great vacation rental potential or a perfect primary or second home!

Last Agent to Sell the Property

Missy Neu

BHHS Hodnett Cooper Real Estate License #157223 Listed on: 06/15/2018

BHHS Hodnett Cooper Real Estate

Co-Listed By

Ken Haynes

BHHS Hodnett Cooper Real Estate License #380124

Last Buyer's Agent

Melissa Hallman

Engel & Volkers Golden Isles License #324533

Engel & Volkers Golden Isles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Zoning described as Res Single

Home Design

  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Paneling
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Unpaved Parking
  • Paved Parking
  • Guest Parking

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • No Home Owners Association
  • Island Retreat Sfr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-04439

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 139
  • Co List Office Phone: 912-638-5450
  • Ownership: Fee Simple
  • Subdivision Name: Island Retreat - SFR
  • Directions: From Frederica Academy: Start out going west on Demere Rd toward Sea Island Rd. Keep left at the fork to continue on Demere Rd. Turn slight left onto Kings Way. Turn left onto Park Ave. Take the 1st right onto Magnolia Ave. 400 Magnolia Ave, is on the right.
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Paneling/Wainscoting, Vaulted Ceiling(s)
  • Living Area: 1992.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone, Landscaped
  • View: Residential
  • Construction Type: Vinyl Siding, Wood Siding, Drywall
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Open
  • Roof: Shingle, Wood

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Covered, Guest, Paved, Unpaved

Utilities

  • Cooling: Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 04-04439
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1943.04
  • Tax Book Number: 2832/468
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jan 15, 2019
Sold by
Townsend Richard
Bought by
Balsamo Philip A and Balsamo Marsha B
Seller's Agent
Missy Neu
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Melissa Hallman
Engel & Volkers Golden Isles
List Price
$650,000
Sold Price
$512,695
Premium/Discount to List
-$137,305
-21.12%
Current Estimated Value
$1,265,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,803
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Palm Daniel B
Bought by
Townsend Richard and Townsend Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Palm Lacie D
Bought by
Palm Daniel B

Purchase Details

Closed on
Apr 24, 2007
Sold by
Lindow Llc
Bought by
Palm Daniel B and Palm Lacie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,925
Interest Rate
6.11%
Mortgage Type
New Conventional
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
Balsamo Philip A $512,695 --
Townsend Richard $355,000 --
Palm Daniel B -- --
Palm Daniel B $573,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Richard $337,250
Previous Owner Palm Daniel B $515,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $512,695 -21.1% $257 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $650,000 -- $326 / 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
2025 $8,155 $325,160 $105,600 $219,560
2024 $8,217 $327,640 $105,600 $222,040
2023 $8,176 $327,640 $105,600 $222,040
2022 $6,825 $267,160 $88,720 $178,440
2021 $4,930 $185,800 $88,720 $97,080
2020 $4,976 $185,800 $88,720 $97,080
2019 $1,943 $145,920 $79,200 $66,720
2018 $1,943 $145,920 $79,200 $66,720
2017 $1,943 $145,920 $79,200 $66,720
2016 $1,807 $102,640 $35,920 $66,720
2015 $1,815 $81,800 $35,920 $45,880
2014 $1,815 $81,800 $35,920 $45,880
Source: Public Records

Agents Affiliated with this Home

  • Missy Neu

    Seller's Agent in 2019

    Missy Neu

    BHHS Hodnett Cooper Real Estate

    (912) 269-0608

    43 in this area

    90 Total Sales

    Missy Neu
    Section Image
  • Ken Haynes

    Seller Co-Listing Agent in 2019

    Ken Haynes

    BHHS Hodnett Cooper Real Estate

    (912) 424-0826

    47 in this area

    77 Total Sales

    Ken Haynes
    Section Image
  • Melissa Hallman

    Buyer's Agent in 2019

    Melissa Hallman

    Engel & Volkers Golden Isles

    (912) 577-5388

    52 in this area

    74 Total Sales

    Melissa Hallman
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1589534

Golden Isles Association of REALTORS®

APN: 04-04439

Georgia Glynn County Saint Simons Island 31522

400 Magnolia Ave, Saint Simons Island, GA

Not Listed for Sale

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