5 W Lake Dr Saint Simons Island, GA 31522
Saint Simons Neighborhood
3
Beds
3
Baths
2,344
Sq Ft
8,712
Sq Ft Lot
Highlights
- RV Access or Parking
- Gated Community
- Deck
- Oglethorpe Point Elementary School Rated A
- Golf Course View
- Wood Flooring
About This Home
As of March 2018Welcome to West Lake, the best kept secret on the island! Ideally suited for full-time living, or a second home in a small, friendly gated neighborhood with low HOA fees that include yard maintenance, this home is designed for entertaining and true Island Living away from all the noise & congestion. How good can it get when you can live on an island and have no yard maintenance? Large open Kitchen with Island, gas stove, open to casual living and dining area. Living Room with gas log Fireplace. 3 Bedrooms, 3 Baths, Fml Dining/Study, large 2 Car garage, large open deck overlooks #3 Green on Sea Palms West golf course. X FLOOD ZONE, Flood Insurance NOT Required. Priced BELOW recent appraisal. Contact your agent today! Ask about Sea Palms Resort membership incentives available with this home.
Last Agent to Sell the Property
Herb Miles
Commonwealth Realty, Inc. License #210232 Listed on: 01/29/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,467
Year Built
- Built in 1995
Lot Details
- 8,712 Sq Ft Lot
- Landscaped
- Sprinkler System
- Zoning described as Res Single
HOA Fees
- $127 Monthly HOA Fees
Parking
- 2 Car Garage
- RV Access or Parking
Home Design
- Slab Foundation
- Stucco
Interior Spaces
- 2,344 Sq Ft Home
- 1-Story Property
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Gas Log Fireplace
- Living Room with Fireplace
- Golf Course Views
- Pull Down Stairs to Attic
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Oglethorpe Elementary School
- Glynn Middle School
- Glynn Academy High School
Utilities
- Cooling Available
- Heat Pump System
- Underground Utilities
Additional Features
- Deck
- Property is near a golf course
Listing and Financial Details
- Assessor Parcel Number 04-08914
Community Details
Overview
- Association fees include ground maintenance, reserve fund
- West Lake Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2018
Closed on
Mar 23, 2018
Sold by
Mehegan Albert D
Bought by
Mehegan Albert D and Mehegan Patricia Meehan
Seller's Agent
Herb Miles
Commonwealth Realty, Inc.
Buyer's Agent
SHERRYE H GIBBS
Coldwell Banker Access Realty SSI
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,691
Avg. Annual Appreciation
8.72%
Original Mortgage
$365,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 29, 2018
Closed on
Mar 22, 2018
Sold by
Wolf Jeanne
Bought by
Mehegan Albert
Seller's Agent
Herb Miles
Commonwealth Realty, Inc.
Buyer's Agent
SHERRYE H GIBBS
Coldwell Banker Access Realty SSI
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 1, 2012
Closed on
May 29, 2013
Sold by
Burridge Madeline
Bought by
Wolf Jeanne E
Seller's Agent
Ruth Beall
Signature Properties Group Inc.
Buyer's Agent
Bill Kirby
BHHS Hodnett Cooper Real Estate
List Price
$395,000
Sold Price
$345,000
Premium/Discount to List
-$50,000
-12.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$50,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2007
Sold by
Anglin Jean W
Bought by
Burridge Madeline
Similar Home in Saint Simons Island, GA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $385,000 | -- | |
| Warranty Deed | $345,000 | -- | |
| Deed | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,886 | FHA | |
| Closed | $365,750 | New Conventional | |
| Closed | $365,750 | New Conventional | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $50,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2018 03/22/18 | Sold | $385,000 | +1.3% | $164 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $380,000 | +10.1% | $162 / Sq Ft |
| 05/29/2013 05/29/13 | Sold | $345,000 | -12.7% | $147 / Sq Ft |
| 04/30/2013 04/30/13 | Pending | -- | -- | -- |
| 05/01/2012 05/01/12 | For Sale | $395,000 | -- | $169 / Sq Ft |
Source: Golden Isles Association of REALTORS®
Tax History Compared to Growth
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 | $6,467 | $257,880 | $38,000 | $219,880 |
| 2023 | $3,589 | $257,880 | $38,000 | $219,880 |
| 2022 | $4,051 | $205,040 | $38,000 | $167,040 |
| 2021 | $3,801 | $176,000 | $26,000 | $150,000 |
| 2020 | $3,836 | $164,480 | $26,000 | $138,480 |
| 2019 | $3,836 | $152,920 | $26,000 | $126,920 |
| 2018 | $1,234 | $147,160 | $26,000 | $121,160 |
| 2017 | $1,234 | $147,160 | $26,000 | $121,160 |
| 2016 | $999 | $135,160 | $14,000 | $121,160 |
| 2015 | $999 | $129,400 | $14,000 | $115,400 |
| 2014 | $999 | $129,400 | $14,000 | $115,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Herb Miles
Commonwealth Realty, Inc.
(912) 223-9204
-
SHERRYE H GIBBS
S
Buyer's Agent in 2018
SHERRYE H GIBBS
Coldwell Banker Access Realty SSI
13 in this area
27 Total Sales
-
Seller's Agent in 2013
Ruth Beall
Signature Properties Group Inc.
(912) 269-5596
-
B
Buyer's Agent in 2013
Bill Kirby
BHHS Hodnett Cooper Real Estate
Map
Source: Golden Isles Association of REALTORS®
MLS Number: 1587202
APN: 04-08914
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