NOT LISTED FOR SALE

412 Ocean Blvd Saint Simons Island, GA 31522

Estimated Value: $902,122 - $1,607,000

2 Beds
2 Baths
2,148 Sq Ft
8,712 Sq Ft Lot

Last Sold September 30, 2013

Last sale price $339,000 $158 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $6,605/month

234 Days on Market

Highlights

  • Wood Siding
  • St. Simons Elementary School Rated A-
  • 5-minute walk to St Simons Village Park

About This Home

As of September 2013

This is a Commercial Building/Property currently being occupied as/by a medical practice.

Last Agent to Sell the Property

Tommy Stroud, Sr.

Brunswick-Glynn Properties License #345579 Listed on: 01/09/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1946

Lot Details

  • 8,712

Parking

  • 6 Parking Spaces

Home Design

  • 2,148 Sq Ft Home
  • Brick Exterior Construction
  • Wood Siding

Community Details

  • Island Retreat Condos Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,989

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.2
  • Lot Size: 0,0,0,0
  • Road Surface Type: Asphalt
  • Subdivision Name: Island Retreat Condos
  • Directions: From entrance onto St. Simons Island, travel SE on Kings Way and just before reaching Mallery Street (i.e the Village), turn right onto Prince Lane (55 ft.), and then right again onto Ocean Boulevard (154 Ft.). This Commercial Building/Property on Ocean Boulevard is located on the left (South) side.
  • Carport Y N: No
  • Year Built: 1946
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 0

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Total Parking Spaces: 6.0

Lot Info

  • Current Use: Office

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2013
Closed on
Sep 30, 2013
Sold by
Ameris Bank
Bought by
Mayhaw Investments Llc
Seller's Agent
Tommy Stroud, Sr.
Brunswick-Glynn Properties
List Price
$430,000
Sold Price
$339,000
Premium/Discount to List
-$91,000
-21.16%
Current Estimated Value
$1,175,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,531
Avg. Annual Appreciation
10.78%
Original Mortgage
$367,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2012
Sold by
Levy Properties Llc
Bought by
Ameris Bank

Purchase Details

Closed on
Jul 7, 2006
Sold by
Hodnett Roy K
Bought by
Levy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,894
Interest Rate
6.54%
Mortgage Type
Commercial
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
Mayhaw Investments Llc $339,000 --
Ameris Bank -- --
Levy Properties Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mayhaw Investments Llc $367,000
Previous Owner Levy Properties Llc $156,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $339,000 -21.2% $158 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $430,000 -- $200 / 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 $4,989 $198,920 $117,200 $81,720
2024 $4,987 $198,840 $117,200 $81,640
2023 $4,886 $198,840 $117,200 $81,640
2022 $4,987 $198,840 $117,200 $81,640
2021 $4,479 $173,200 $91,560 $81,640
2020 $4,522 $173,200 $91,560 $81,640
2019 $4,522 $173,200 $91,560 $81,640
2018 $4,413 $198,840 $117,200 $81,640
2017 $4,512 $172,800 $91,160 $81,640
2016 $4,147 $172,800 $91,160 $81,640
2015 $3,268 $172,800 $91,160 $81,640
2014 $3,268 $135,600 $65,080 $70,520
Source: Public Records

Agents Affiliated with this Home

  • Tommy Stroud, Sr.

    Seller's Agent in 2013

    Tommy Stroud, Sr.

    Brunswick-Glynn Properties

    (912) 223-3930

    2 Total Sales

    Tommy Stroud, Sr.
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1561926

Golden Isles Association of REALTORS®

APN: 04-04465

Georgia Glynn County Saint Simons Island 31522

412 Ocean Blvd, Saint Simons Island, GA

Not Listed for Sale

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