$435,000
SOLD JUN 27, 2025

408 Palmetto St Saint Simons Island, GA 31522

4 Beds
3 Baths
1,520 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

9% Below List Price

265 Days on Market

Highlights

  • Attic
  • Community Playground
  • Shed
  • Oglethorpe Point Elementary School Rated A
  • Park
  • Fire Pit

About This Home

As of June 2025

Well maintained mid-island home just two blocks from a county park and playground, sitting on a large lot and a half. This 4 BR/ 3 B ( JUST REDUCED PRICE to $459,000) home also includes a $10,000 PAINTING ALLOWANCE. Close to several island restaurants, golfing, shopping, and less than 5 miles to the beach or Pier Village shops and restaurants, and the St Simons Lighthouse and Museum. Perfect for an investment, second home, or full time Island home. There are four bedrooms, three baths with hard surface flooring throughout. Two bedrooms have private baths and walk-in closets. The kitchen features white cabinets, granite countertops, and stainless appliances. Fencing in back and on sides enclosing a private getaway with a fire pit. There is a large paved driveway providing parking for up to four vehicles.

Last Agent to Sell the Property

Rance Braswell

Commonwealth Realty, Inc. License #100759 Listed on: 09/10/2024

Last Buyer's Agent

Rance Braswell

Commonwealth Realty, Inc. License #100759 Listed on: 09/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1990

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • 1,520 Sq Ft Home
  • Slab Foundation
  • Ridge Vents on the Roof
  • Composition Roof
  • Wood Siding
  • Concrete Siding

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Fire Pit
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Attic

Listing and Financial Details

  • Assessor Parcel Number 04-09080

Community Details

Overview

  • Glynn Haven Estates Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: ,,,
  • Road Frontage Type: Public Road
  • Subdivision Name: Glynn Haven Estates
  • Directions: Coming onto St Simons, stay left onto Sea Island Rd. for about 3 miles. Left onto Frederica Rd, then approx 1/4 mile turn right onto Palmetto St. 408 will be in the second block after the park, on the right after Fourth Ave.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Attic
  • Living Area: 1520.0

Exterior Features

  • Fencing: Wood, Partial
  • Lot Features: Subdivision
  • Home Warranty: No
  • Construction Type: Concrete, Wood Siding
  • Exterior Features: Fire Pit, Paved Driveway
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Composition, Ridge Vents

Garage/Parking

  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Hall
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Amenities: Playground

Schools

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

Lot Info

  • Parcel #: 04-09080
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3332.0
  • Tax Book Number: 4811/224
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Jun 30, 2025
Sold by
Rx2 Investments Llc
Bought by
Kaps Maria and Meulman Shana
Seller's Agent
Rance Braswell
Commonwealth Realty, Inc.
Buyer's Agent
Rance Braswell
Commonwealth Realty, Inc.
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Views
294
Current Estimated Value
$459,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,071
Avg. Annual Appreciation
14.04%
Original Mortgage
$348,000
Outstanding Balance
$347,120
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$111,951

Purchase Details

Closed on
Mar 30, 2023
Sold by
Rx2 Investments Llc
Bought by
Rettstadt Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 23, 2015
Sold by
Driggers Suzy Ann
Bought by
Rx2 Investments Llc
Seller's Agent
Joan Lewis
Signature Properties Group Inc.
Buyer's Agent
Herb Miles
Commonwealth Realty, Inc.
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 5, 2015
Sold by
Driggers Gregory Oren
Bought by
Driggers Suzy Ann
Seller's Agent
Joan Lewis
Signature Properties Group Inc.
Buyer's Agent
Herb Miles
Commonwealth Realty, Inc.
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
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 Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed $450,000 --
Quit Claim Deed -- --
Warranty Deed $180,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Previous Owner $301,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 Sold $435,000 -5.2% $286 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/10/2025 05/10/25 Price Changed $459,000 -2.3% $302 / Sq Ft
04/17/2025 04/17/25 Price Changed $469,900 -1.9% $309 / Sq Ft
03/18/2025 03/18/25 For Sale $479,000 0.0% $315 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
12/02/2024 12/02/24 Price Changed $479,000 -3.2% $315 / Sq Ft
09/10/2024 09/10/24 For Sale $495,000 +175.0% $326 / Sq Ft
09/23/2015 09/23/15 Sold $180,000 -5.3% $118 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $190,000 -- $125 / 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 $3,251 $129,640 $47,000 $82,640
2024 $3,172 $126,480 $45,040 $81,440
2023 $3,233 $126,480 $45,040 $81,440
2022 $2,786 $106,120 $45,040 $61,080
2021 $2,357 $86,320 $30,360 $55,960
2020 $2,327 $84,320 $30,360 $53,960
2019 $2,323 $84,200 $36,240 $47,960
2018 $2,323 $84,200 $36,240 $47,960
2017 $1,991 $71,480 $23,520 $47,960
2016 $1,841 $71,480 $23,520 $47,960
2015 $1,671 $68,080 $23,520 $44,560
2014 $1,671 $64,160 $19,600 $44,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1649052

Golden Isles Association of REALTORS®

APN: 04-09080