$318,000
SOLD DEC 10, 2021

425 Magnolia Ave Unit B Saint Simons Island, GA 31522

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

Recently Sold

$311 Per Sq Ft

9% Below List Price

27 Days on Market

Highlights

  • Shops
  • St. Simons Elementary School Rated A-
  • 4-minute walk to Mallery Park

About This Home

As of March 2024

Just too cute in the Village of Saint Simons Island. What a neat getaway spot this townhome style condominium makes, in the heart of everything Saint Simons. The property is being sold nicely fully furnished. The carpet, paint, heating/cooling system, water heater, and tile floors are all recently updated. The kitchen has been remodeled. Not only will you enjoy the location and the interior of this home, but also the private back porch.

Last Agent to Sell the Property

Len Hoshall

BHHS Hodnett Cooper Real Estate License #134745 Listed on: 11/12/2021

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Luke Pigge

BHHS Hodnett Cooper Real Estate License #370814

BHHS Hodnett Cooper Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1970

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • 1,024 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-04409

Community Details

Overview

  • Association fees include flood insurance, insurance, ground maintenance, pest control, trash, water
  • Franklin Property Management Group Association, Phone Number (912) 434-1864
  • Kingstowne West Condos Subdivision

Amenities

  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,287

Year Built

Built in 1970

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Kingstowne West Condos
  • Directions: From FJ Torras Causeway: Exit Causeway and continue straight on Kings Way towards the Village. Turn left on Mallery Street, then left on Magnolia Avenue.
  • New Construction: No
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1024.0

Exterior Features

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

Condo/Co-op/Association

  • Community Features: Shopping
  • Association Fee: 4200.0
  • Association Fee Frequency: Annually
  • Association Name: Franklin Property Management Group
  • Phone: 912-434-1864
  • Association: Yes

Fee Information

  • Association Fee Includes: Flood Insurance, Insurance, Maintenance Grounds, Pest Control, 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
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2287.0
  • Tax Year: 2020

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
16.97%
Original Mortgage
$199,000
Outstanding Balance
$183,239
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$314,426

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

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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 Type Sale Price Title Company
Warranty Deed $399,000 --
Warranty Deed $318,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,000 New Conventional
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: 1631096

Golden Isles Association of REALTORS®

APN: 04-04409