NOT LISTED FOR SALE

44 Somerset Trace St. Simons Island, GA 31522

Estimated Value: $878,668 - $899,000

1.7 Acres
$522,844 Price per Acre
74,052 Sq Ft Lot

Last Sold June 19, 2024

Last sale price $840,000

Est. 6% increase in value since last sale

Current estimated payment $5,595/month

30 Days on Market

Highlights

  • Docks
  • Fitness Center
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Community Lake

About This Lot

As of June 2024

Gorgeous views from this Marsh front home site in Frederica. Enjoy the sunsets from this Western exposure with long marsh views. One of the most spectacular live oak canopy's available at Frederica, this home site is a gem. The adjacent home site 4 is available to create a true compound. Tucked away on the beautiful Somerset Trace, this property affords wonderful privacy. Located in Phase I of Frederica Township, this home site is on the marsh with convenient access to all that Frederica has to offer. Property offers Frederica Golf Club membership application rights with an $85,000 initiation deposit.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 04/08/2024

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 04/08/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,504

Lot Details

  • 1.7 Acre Lot
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $442 Monthly HOA Fees

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 04-12430

Community Details

Overview

  • Association fees include road maintenance
  • Private Membership Available
  • Frederica Township Association, Phone Number (912) 634-1500
  • Frederica Golf Club Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Docks

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,504

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 1.7
  • Lot Size: 0,169,0,0
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: Take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left hand turn into the stables property. The Real Estate office is located on the stables property.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1 to 5 Acres
  • Pool Features: Association
  • View: Marsh View
  • View: Yes
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community, Security Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Amenities: Dock, Fitness Center, Golf Course, Gated, Private Membership, Pool, Tennis Court(s)
  • Association Fee: 5300.0
  • Association Fee Frequency: Annually
  • Association Name: Frederica Township Association
  • Phone: 912-634-1500
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Current Use: Residential
  • Parcel #: 04-12430
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 17, 2024
Sold by
Smith Taylor W
Bought by
Chiles Christopher Grant
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Views
14
Current Estimated Value
$888,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,834
Avg. Annual Appreciation
4.93%
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
Chiles Christopher Grant $840,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2024 06/19/24 Sold $840,000 -1.2% --
05/09/2024 05/09/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $850,000 -- --
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 $5,504 $219,480 $219,480 $0
2023 $5,394 $219,480 $219,480 $0
2022 $3,231 $128,840 $128,840 $0
2021 $2,508 $97,000 $97,000 $0
2020 $2,900 $111,080 $111,080 $0
2019 $3,327 $127,440 $127,440 $0
2018 $3,327 $127,440 $127,440 $0
2017 $4,030 $154,360 $154,360 $0
2016 $3,705 $154,360 $154,360 $0
2015 $3,720 $154,360 $154,360 $0
2014 $3,720 $154,360 $154,360 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1645892

Golden Isles Association of REALTORS®

APN: 04-12430

Georgia Glynn County Saint Simons Island 31522

44 Somerset Trace, Saint Simons Island, GA

This home is located at 44 Somerset Trace, St. Simons Island, GA 31522 since 08 April 2024 and is currently estimated at $888,834. 44 Somerset Trace is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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