NOT LISTED FOR SALE

402 W Island Square Dr Saint Simons Island, GA 31522

Estimated Value: $256,000 - $293,000

1 Bed
1 Bath
755 Sq Ft
871 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $275,000 $364 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,649/month

75 Days on Market

Highlights

  • Gated Community
  • Furnished
  • Tile Flooring
  • St. Simons Elementary School Rated A-
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of February 2024

This lovely condo located on beautiful St. Simons Island is the perfect getaway condo and/or investment opportunity! This second floor, 1 bedroom, 1 bath condo is located in the gated Island Square community. Completely updated kitchen. Furnishings throughout the condo are fresh and updated and convey with the property (minus a few pieces in the bedroom). The bedroom has an ensuite bathroom and walk-in closet. The sunroom is enclosed and has a bunk bed. Community pool and fitness center located close to this unit. The condo is in a great location and is conveniently located near shops, restaurants, and grocery store. It is about 1 mile from East Beach public beach access and the Pier/Village area.

Last Agent to Sell the Property

Freddy Stroud

Georgia Coast Realty License #150357 Listed on: 11/06/2023

Last Buyer's Agent

Nadia Johnson

DeLoach Sotheby's International Realty License #370039

DeLoach Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,605

Year Built

  • Built in 1984

Lot Details

  • 871

Interior Spaces

  • 755 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-12814

Community Details

Overview

  • Property has a Home Owners Association
  • Island Square Condos Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,605

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: ,,,
  • Subdivision Name: Island Square Condos
  • Directions: Once on the island, travel down Demere Rd. Turn right onto Island Square Drive (right before the McDonalds). Island Square Condos is on the left and a gate code is needed for entrance. 402 W Island Square unit is the second building on the right once you enter. Its an upstairs unit.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable TV
  • Living Area: 755.0
  • Stories: 2

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 04-12814
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1605.06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Feb 29, 2024
Sold by
Warbington Enterprises Inc
Bought by
Prodanov Nikolay S
Seller's Agent
Freddy Stroud
Georgia Coast Realty
Buyer's Agent
Nadia Johnson
DeLoach Sotheby's International Realty
List Price
$275,000
Sold Price
$275,000
Views
155
Current Estimated Value
$278,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,439
Avg. Annual Appreciation
-1.92%
Original Mortgage
$100,000
Outstanding Balance
$98,815
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$167,879

Purchase Details

Closed on
Jun 23, 2021
Sold by
Quail Country Rental Properties Llc
Bought by
Warbington Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,753
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2020
Sold by
Clark Pansy W
Bought by
Quail Country Rental Properties

Purchase Details

Closed on
Jun 28, 2005
Sold by
Coastal Island Associates
Bought by
Clark Henry H
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
Prodanov Nikolay S $275,000 --
Warbington Enterprises Inc $160,000 --
Quail Country Rental Properties $145,000 --
Clark Henry H $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prodanov Nikolay S $100,000
Previous Owner Warbington Enterprises Inc $139,753
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $275,000 0.0% $364 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
11/06/2023 11/06/23 For Sale $275,000 0.0% $364 / Sq Ft
10/02/2014 10/02/14 Rented -- -- --
10/02/2014 10/02/14 For Rent $775 +3.3% --
06/17/2013 06/17/13 Rented -- -- --
06/17/2013 06/17/13 For Rent $750 -- --
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 $2,078 $82,840 $0 $82,840
2023 $2,035 $82,800 $0 $82,800
2022 $1,605 $64,000 $0 $64,000
2021 $1,500 $58,000 $0 $58,000
2020 $1,389 $53,200 $0 $53,200
2019 $1,389 $53,200 $0 $53,200
2018 $1,389 $53,200 $0 $53,200
2017 $1,243 $47,600 $0 $47,600
2016 $806 $33,600 $0 $33,600
2015 $729 $35,600 $0 $35,600
2014 $729 $30,240 $0 $30,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1643197

Golden Isles Association of REALTORS®

APN: 04-12814