NOT LISTED FOR SALE

501 Atlantic Dr Saint Simons Island, GA 31522

Estimated Value: $551,000 - $648,000

3 Beds
3 Baths
2,300 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $575,000 $250 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,660/month

8 Days on Market

Highlights

  • Park
  • Oglethorpe Point Elementary School Rated A
  • Shops

About This Home

As of December 2023

UNIQUE OPPORTUNITY! Calling all investors or savvy buyers looking for something income producing! Check out this charming 2 BR/ 2BA home with an attached 1BR/1BA apartment with a full kitchen and laundry for each unit. Located on a corner lot, this home has a gorgeous custom, gourmet kitchen! The large-covered porch is a nice extension of the home and is a great spot to entertain or have your morning coffee. There's wood-looking tile flooring throughout the main level, including the bedrooms, each of which are en suite with their own private baths. The built-in bookshelves along the living room wall and the plantation shutters are nice upgrades that enhance the home. The 3rd bedroom and bath are downstairs in a separate apartment with it's own laundry and patio that's both open and covered. The apartment has a private entry at the back of the home and you can also access it through the garage.

Last Agent to Sell the Property

Amanda Duffey

DeLoach Sotheby's International Realty License #362179 Listed on: 10/31/2023

Last Buyer's Agent

Amanda Duffey

DeLoach Sotheby's International Realty License #362179 Listed on: 10/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 1990

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,300 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-05193

Community Details

Recreation

  • Park

Additional Features

  • Glynn Haven Estates Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,244

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: ,,,
  • Subdivision Name: Glynn Haven Estates
  • Directions: Head southeast on F.J. Torras Causeway toward SSI. Then bear left onto Sea Island Rd. Turn left onto Frederica Rd. Turn left onto Atlantic Dr. Arrive at house on corner of Atlantic Dr and 5th.
  • New Construction: No
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2300.0

Exterior Features

  • Home Warranty: No

Condo/Co-op/Association

  • Community Features: Park, Shopping, Street Lights

Schools

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

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 04-05193
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4243.97
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 28, 2023
Sold by
Gillman Joshua L
Bought by
Eppas Properties Llc
Seller's Agent
Amanda Duffey
DeLoach Sotheby's International Realty
Buyer's Agent
Amanda Duffey
DeLoach Sotheby's International Realty
List Price
$575,000
Sold Price
$575,000
Views
28
Current Estimated Value
$601,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,024
Avg. Annual Appreciation
2.55%
Original Mortgage
$431,250
Outstanding Balance
$424,080
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$176,944

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 19, 2021
Sold by
Mcdonough Larry L
Bought by
Gillman Joshua L and Gillman Eric D
Seller's Agent
Kathleen Haller
GardnerKeim Coastal Realty
Buyer's Agent
Amanda Duffey
DeLoach Sotheby's International Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$415,000
Interest Rate
2.93%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2017
Sold by
Mcdonough Larry L
Bought by
Mcdonough Larry L and Mcdonough Patsy L

Purchase Details

Listed on
May 26, 2010
Closed on
Feb 5, 2016
Sold by
Mcdonough Anne Lucille
Bought by
Mcdonough Larry L
List Price
$415,000
Sold Price
$245,000
Premium/Discount to List
-$170,000
-40.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$196,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Eppas Properties Llc $575,000 --
Gillman Joshua L $415,000 --
Mcdonough Larry L $245,000 --
Mcdonough Larry L $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eppas Properties Llc $431,250
Previous Owner Gillman Joshua L $415,000
Previous Owner Mcdonough Larry L $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $575,000 0.0% $250 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $575,000 +38.6% $250 / Sq Ft
07/19/2021 07/19/21 Sold $415,000 -2.4% $180 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $425,000 +73.5% $185 / Sq Ft
02/05/2016 02/05/16 Sold $245,000 -41.0% $108 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
05/26/2010 05/26/10 For Sale $415,000 -- $182 / 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 $5,688 $226,800 $39,760 $187,040
2023 $5,181 $205,760 $39,760 $166,000
2022 $4,244 $164,240 $39,760 $124,480
2021 $848 $110,560 $26,800 $83,760
2020 $867 $107,560 $26,800 $80,760
2019 $867 $103,760 $31,960 $71,800
2018 $867 $103,760 $31,960 $71,800
2017 $2,541 $92,520 $20,720 $71,800
2016 $2,345 $92,520 $20,720 $71,800
2015 $2,055 $83,520 $20,720 $62,800
2014 $2,055 $80,080 $17,280 $62,800
Source: Public Records

Agents Affiliated with this Home

  • Amanda Duffey

    Seller's Agent in 2023

    Amanda Duffey

    DeLoach Sotheby's International Realty

    (912) 222-3557

    95 in this area

    113 Total Sales

    Amanda Duffey
    Section Image

  • K

    Seller's Agent in 2021

    Kathleen Haller

    GardnerKeim Coastal Realty

    (912) 634-1613

    22 in this area

    25 Total Sales

    Kathleen Haller
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1643077

Golden Isles Association of REALTORS®

APN: 04-05193

Georgia Glynn County Saint Simons Island 31522

501 Atlantic Dr, Saint Simons Island, GA

This home is located at 501 Atlantic Dr, Saint Simons Island, GA 31522 since 31 October 2023 and is currently estimated at $601,024, approximately $261 per square foot. This property was built in 1990. 501 Atlantic Dr 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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