NOT LISTED FOR SALE

409 Magnolia Ave Saint Simons Island, GA 31522

Estimated Value: $574,000 - $988,000

2 Beds
2 Baths
1,040 Sq Ft
$736/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $475,000 $457 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,569/month

2 Days on Market

Highlights

  • Shops
  • Tile Flooring
  • 4-minute walk to Mallery Park
  • St. Simons Elementary School Rated A-
  • 1-Story Property

About This Home

As of April 2023

This 1942 home is located in the heart of the Village - easy walking distance to restaurants, shops and the fishing pier.
Still in almost original condition, this home has not been occupied for many years, therefore has no connected utilities. Originally built as a duplex, it was converted at some point to single family and appears it was in the process of being remodeled when all work was stopped. According to Glynn County Planning and Zoning, the property is now considered single family and cannot be converted back to being a duplex. Any Buyer needs to be aware that the property is located in overlapping zoning districts of Village Residential and Island Preservation. Zoning information can be found in attached Documents or by contacting Glynn County Planning and Zoning. Any major changes to the structure, including demolition, would need to comply with the requirements found in the Island Preservation Zoning Ordinances and submitted for approval before the Island Planning Commission. The rare opportunity to purchase property in this location warrants the steps necessary to make this into a fabulous home or do the minimum and enjoy a 2 BR, 2 BA Island getaway. The property is in an estate and being sold by heirs that were not occupants, therefore there is no Seller's Disclosure. Any accepted sales contract shall be subject to approval by Probate Court in Glynn County, GA. Please allow closing time for this process. Buyer shall use William "Billy" Norse, with Weissman Law firm in Savannah. GA as closing attorney. Please use caution when viewing this property - flashlights are recommended. The grounds have recently been cleared, so watch for trip hazards. This is a rare opportunity for a prime village location.

Last Agent to Sell the Property

Joan Lewis

Signature Properties Group Inc. License #53147 Listed on: 02/07/2023

Co-Listed By

Mary Jo Prater

Signature Properties Group Inc. License #321758

Last Buyer's Agent

Ashley Seabolt

Keller Williams Realty Golden Isles License #273176

Keller Williams Realty Golden Isles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1942

Lot Details

  • 5,619 Sq Ft Lot
  • Property fronts a county road

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Island Retreat Sfr Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 04-04406

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,398

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 75,59,84,105
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Co List Office Mls Id: 52
  • Co List Office Phone: 912-634-9995
  • Subdivision Name: Island Retreat - SFR
  • Directions: From causeway stay on Kings Way to the Village. Turn left on Mallery Street, then turn left on Magnolia Ave. (by Frosty's) this property is on the right - look for the sign.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1942
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1040.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • View: Residential
  • Home Warranty: No
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Storage
  • Roof: Pitched

Condo/Co-op/Association

  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 5619.0
  • Parcel #: 04-04406
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3398.0
  • Tax Year: 2022

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Be Happy Group Llc $575,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $475,000 0.0% $457 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $475,000 -- $457 / 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 $4,765 $190,000 $106,560 $83,440
2023 $3,996 $157,520 $106,560 $50,960
2022 $3,398 $130,520 $89,520 $41,000
2021 $3,023 $112,080 $89,520 $22,560
2020 $3,051 $112,080 $89,520 $22,560
2019 $2,801 $102,480 $79,920 $22,560
2018 $2,801 $102,480 $79,920 $22,560
2017 $2,801 $102,480 $79,920 $22,560
2016 $1,536 $58,800 $36,240 $22,560
2015 $1,375 $51,880 $36,240 $15,640
2014 $1,375 $51,880 $36,240 $15,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1638280

Golden Isles Association of REALTORS®

APN: 04-04406