NOT LISTED FOR SALE

Estimated Value: $2,144,919 - $2,349,000

5 Beds
2.5 Baths
1,660 Sq Ft
$1,354/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $375,000 $226 Per Sq Ft

Est. 499% increase in value since last sale

Current estimated payment $13,496/month

352 Days on Market

About This Home

As of July 2012

PRICED TO SELL!!! This home is on the beach side of East Beach - and is considered to be the second lot back from the ocean front lot. This is an old home but could be lovingly restored or torn down to build your dream home. GREAT PRICE for anything on East Beach!!! The house is occupied so call to see - it's just off Bruce Drive (ocean side) Square footage is apx.

Last Agent to Sell the Property

Phoebe Hoaster

DeLoach Sotheby's International Realty License #47715 Listed on: 06/16/2011

DeLoach Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,534

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Additional Features

  • 6,534 Sq Ft Lot
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, reserve fund
  • East Beach Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 55,55,120,120
  • Subdivision Name: East Beach
  • Directions: East Beach Causeway to Bruce Drive - take a right on Second Street - home is on your right. Look for sign in yard. Second lot back from what is considered ocean front.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 1660.0
  • Stories: 2

Exterior Features

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

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Reserve Fund

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Banker Michael
Bought by
Bacsardi Matthew and Bacsardi Shari
Current Estimated Value
$2,247,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Outstanding Balance
$1,822,759
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$425,221

Purchase Details

Listed on
Jun 16, 2011
Closed on
Jul 2, 2012
Sold by
Moody Ruth
Bought by
221 Magnolia Llc
Seller's Agent
Phoebe Hoaster
DeLoach Sotheby's International Realty
List Price
$525,000
Sold Price
$375,000
Premium/Discount to List
-$150,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$275,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bacsardi Matthew $2,300,000 --
221 Magnolia Llc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacsardi Matthew $1,840,000
Previous Owner 221 Magnolia Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $375,000 -28.6% $226 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $525,000 -- $316 / 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 $20,044 $799,240 $467,280 $331,960
2024 $13,617 $542,960 $297,000 $245,960
2023 $5,422 $569,400 $326,720 $242,680
2022 $5,919 $426,360 $207,920 $218,440
2021 $6,095 $320,160 $207,920 $112,240
2020 $6,151 $320,160 $207,920 $112,240
2019 $6,151 $320,160 $207,920 $112,240
2018 $6,151 $320,160 $207,920 $112,240
2017 $6,151 $231,040 $118,800 $112,240
2016 $5,684 $231,040 $118,800 $112,240
2015 $3,706 $143,400 $118,800 $24,600
2014 $3,706 $143,400 $118,800 $24,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1555121

Golden Isles Association of REALTORS®

APN: 04-03288