NOT LISTED FOR SALE

425 Magnolia Ave Unit B Saint Simons Island, GA 31522

Estimated Value: $357,000 - $806,000

2 Beds
1.5 Baths
1,024 Sq Ft
$350/mo HOA Fee

Last Sold March 08, 2024

Last sale price $399,000 $390 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,363/month

5 Days on Market

Highlights

  • Furnished
  • Crown Molding
  • Shops
  • St. Simons Elementary School Rated A-
  • Open Patio
  • 4-minute walk to Mallery Park

About This Home

As of March 2024

Location. Location. Location. Dreams do come true! Welcome home to this sought after south-end Pier Village area. Tastefully decorated and furnished condo offers the perfect blend of convenience and location. With immediate availability, fully furnished turnkey, it's ready for you to move in and start enjoying your own pied-à-terre lifestyle in the historic village of St Simons Island. The private-fenced yard with patio is ideal for enjoying balmy breezes and relaxing. As you enter through the sliding glass doors, the open concept living room and dining area, are adorned with cooling tile flooring. Upstairs the second level showcases plush carpeting, two inviting bedrooms, a newly resurfaced tub is in the hall bath, offering a fresh touch. The condo's location is truly second to none – just a block away from The Pier Village an array of recreational and leisure activities are at your doorstep. Explore the nearby lighthouse, park, beaches, fishing, restaurants, pubs, shopping, miniature golf, Neptune Water Park, and Arts & Crafts Fairs, but the attractions do not stop there. Just a block away in the other direction from the condo is St Simons Park, where you will discover even more opportunities for outdoor adventures; play tennis, pickle ball, include a picnic, take Fido to the doggy park, enjoy a catch or practice your swing at the baseball field, have a blast at the playground. The possibilities are endless. The condo's rental policy is flexible. Weekly rentals are allowed, with a minimum rental period of once per 7-day period – perfect for those seeking both short and long-term options. Recent renovations in 2023 include: a new roof, new windows, new stackable washer & dryer, new ceiling fan, and upgraded electrical cables and breaker panel. The HVAC and hot water heater systems were also replaced about four years ago, ensuring your comfort and peace of mind. In summary, this appealing and rare offering is an affordable dream-come-true residential or rental condo opportunity. With tasteful furnishings, a prime location, a comprehensive range of amenities, flexible rental options, it's the perfect place! Don't miss out on the chance to experience the best of Pier Village living.

Last Agent to Sell the Property

Diana Fisher

Maritime Realty Group LLC License #384306 Listed on: 02/05/2024

Last Buyer's Agent

Gary Grinstead

Driggers Commercial Group License #345866

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls
  • Fenced
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan

Kitchen

  • Range with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 04-04409

Community Details

Overview

  • Association fees include management, flood insurance, insurance, ground maintenance, maintenance structure, pest control, reserve fund, sewer, trash, water
  • Kingstown North Association
  • Kingstowne North Condos Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,608

Year Built

Built in 1970

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Inclusions: Alarm-Smoke/Fire,Dryer,Refrigerator,Washer
  • Subdivision Name: Kingstowne North Condos
  • Directions: From T.J. Torres Causeway stay to the right onto Kingsway. Go around the roundabout and take 2nd right continuing on Kingsway. Go Left at the traffic light at the intersection of Mallery & Kingsway, only 1 block go Left on Magnolia and 425 Magnolia Avenue is on the Right. Parking marked with a "V" for visitors.
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1970
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Some Electric Appliances, Dryer, Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Range, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Crown Molding, Other, See Remarks, Ceiling Fan(s)
  • Living Area: 1024.0
  • Stories: 2

Exterior Features

  • Fencing: Wood, Fenced
  • Lot Features: Landscaped
  • Pool Features: None
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete, Drywall
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Asbestos Shingle

Garage/Parking

  • Parking Features: Assigned, Guest, Parking Space(s)
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Kitchen, Stacked
  • 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: Unknown, Community/Coop Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Shopping, Street Lights
  • Amenities: Pets Allowed
  • Association #2 Fee: 4200.0
  • Association #2 Fee Frequency: Annually
  • Association Name: Kingstown North
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Flood Insurance, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Trash, Water

Schools

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

Lot Info

  • Current Use: Residential
  • Parcel #: 04-04409
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2608.0
  • Tax Book Number: 4596/79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 8, 2024
Sold by
Johnson Reba L
Bought by
Obrien Wright Geoffrey and Obrien Ann Wright
Seller's Agent
Diana Fisher
Maritime Realty Group LLC
Buyer's Agent
Gary Grinstead
Driggers Commercial Group
List Price
$399,000
Sold Price
$399,000
Views
134
Current Estimated Value
$500,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,182
Avg. Annual Appreciation
16.50%
Original Mortgage
$199,000
Outstanding Balance
$179,438
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$320,744

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 7, 2021
Sold by
Deck Ann
Bought by
Johnson Reba L and Morton Helen T
Seller's Agent
Len Hoshall
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Luke Pigge
BHHS Hodnett Cooper Real Estate
List Price
$349,000
Sold Price
$318,000
Premium/Discount to List
-$31,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Source: Public Records

Range of Values:

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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
Obrien Wright Geoffrey $399,000 --
Johnson Reba L $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Wright Geoffrey $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $399,000 0.0% $390 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $399,000 +25.5% $390 / Sq Ft
12/10/2021 12/10/21 Sold $318,000 -8.9% $311 / Sq Ft
11/12/2021 11/12/21 For Sale $349,000 -- $341 / 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 $3,511 $140,000 $0 $140,000
2023 $2,556 $104,000 $0 $104,000
2022 $2,608 $104,000 $0 $104,000
2021 $2,689 $104,000 $0 $104,000
2020 $2,287 $87,600 $0 $87,600
2019 $2,287 $87,600 $0 $87,600
2018 $1,744 $66,800 $0 $66,800
2017 $1,744 $66,800 $0 $66,800
2016 $1,219 $50,800 $0 $50,800
2015 $1,224 $50,800 $0 $50,800
2014 $1,224 $50,800 $0 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1644522

Golden Isles Association of REALTORS®

APN: 04-04409