NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $2,063,000

4 Beds
3 Baths
1,886 Sq Ft
$927/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $1,475,000 $782 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,692/month

6 Days on Market

Highlights

  • Spa
  • St. Simons Elementary School Rated A-
  • No HOA

About This Home

As of October 2021

Exceptionally profitable vacation rental with almost $200k in income, a 3bed/2bath home PLUS a 1 bedroom 1 bath guest house has a heated/cooled pool. This sophisticated East Beach retreat is just one lot off the beach. Located on a corner lot facing the beach where you can catch the sea breezes, sit on the screened front porch, around the pool, or at the TIKI bar and hear the waves crashing while relaxing away from the crowds and noise in your own private oasis.

Last Agent to Sell the Property

Michael Banker

Banker Real Estate License #338485 Listed on: 09/12/2021

Last Buyer's Agent

Michael Banker

Banker Real Estate License #338485 Listed on: 09/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1952

Lot Details

  • 6,011 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 1,886 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Schools

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

Community Details

  • No Home Owners Association
  • East Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-03188

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,911

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: ,,,
  • Subdivision Name: East Beach
  • Directions: Corner lot located one lot off the beach on 5th Street.
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1886.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

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: 6011.0
  • Parcel #: 04-03188
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6911.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 15, 2021
Sold by
Dyke Michael A
Bought by
Coletti Marcy
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%
Total Days on Market
6
Current Estimated Value
$1,748,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,064
Avg. Annual Appreciation
4.09%
Original Mortgage
$995,000
Outstanding Balance
$935,301
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$771,566

Purchase Details

Closed on
Sep 15, 2016
Sold by
Robert F
Bought by
Dyke Michael A and Ceccoli Dyke Deborah L
Source: Public Records

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Range of Values:

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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
Coletti Marcy $1,475,000 --
Dyke Michael A $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coletti Marcy $995,000
Previous Owner Weber Robert F $417,000
Previous Owner Weber Robert F $50,000
Previous Owner Weber Robert F $100,000
Previous Owner Weber Robert F $417,000
Previous Owner Weber Robert $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,475,000 -1.7% $782 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $1,500,000 -- $795 / 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 $10,551 $420,720 $258,000 $162,720
2023 $11,322 $450,560 $283,800 $166,760
2022 $8,558 $331,280 $180,600 $150,680
2021 $6,847 $255,120 $180,600 $74,520
2020 $6,911 $255,120 $180,600 $74,520
2019 $6,911 $255,120 $180,600 $74,520
2018 $6,891 $254,360 $180,600 $73,760
2017 $5,753 $210,760 $137,600 $73,160
2016 $1,414 $171,640 $103,200 $68,440
2015 $1,414 $166,360 $103,200 $63,160
2014 $1,414 $166,360 $103,200 $63,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1629766

Golden Isles Association of REALTORS®

APN: 04-03188