NOT LISTED FOR SALE

501 Kingsmarsh Way Saint Simons Island, GA 31522

Estimated Value: $516,051 - $635,000

3 Beds
3 Baths
1,845 Sq Ft
$375/mo HOA Fee

Last Sold September 16, 2019

Last sale price $387,500 $210 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,785/month

44 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Screened Porch
  • Oglethorpe Point Elementary School Rated A
  • Wood Flooring
  • Breakfast Bar

About This Home

As of September 2019

GROUND LEVEL & MARSH FRONT - A spectacular & spacious 3 Bedroom - 3 Bath villas with an open plan and plenty of natural light. Recently updated to include such features as hardwood floors, well appointed kitchen, stainless steel appliances, gas range, pantry, granite counter-tops, breakfast bar open to dining & living area, fireplace w/ gas logs, mantel, built-ins, remodeled master bath and walk-in closet with custom shelving and more. Attention to details throughout. The living area & master bedroom open to a screened porch overlooking the gorgeous marsh. Very Peaceful setting. Near the pool. Each unit has a covered parking place and nice size storage closet. Great location tucked in behind shopping, restaurants, entertainment, post office & local businesses. Enjoy walking or bike riding on nearby sidewalk located on Frederica Road. This location offers easy access around the Island or across to the mainland. Very accommodating seller makes showing this beautiful unit very easy.

Last Agent to Sell the Property

Lee Baxter

DeLoach Sotheby's International Realty License #138676 Listed on: 07/03/2019

DeLoach Sotheby's International Realty

Last Buyer's Agent

Lee Baxter

DeLoach Sotheby's International Realty License #138676 Listed on: 07/03/2019

DeLoach Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1999

Lot Details

  • Property fronts a marsh
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall

Interior Spaces

  • 1,845 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Guest Parking

Outdoor Features

  • Docks

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 04-11082

Community Details

Overview

  • Association fees include management, flood insurance, insurance, ground maintenance, pest control, reserve fund, water
  • Kingsmarsh Villas Condos Subdivision

Amenities

  • Shops

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,363

Year Built

Built in 1999

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Inclusions: Dryer,Gas Logs,Refrigerator,Washer
  • Subdivision Name: KingsMarsh Villas Condos
  • Directions: North on Frederica just past Post Office turn LEFT on Riverview at (Bank of the Ozarks) - LEFT on Longview then LEFT on KingsMarsh Way - Dead end into King Marsh Villas Condos - 501 is on LEFT downsize near the pool
  • Architectural Style: Flat
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1999
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Bar, Pantry, Ceiling Fan(s), Fireplace
  • Living Area: 1845.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Flood Zone, Garden, Landscaped
  • Pool Features: In Ground, None, Association
  • View: Marsh View, Residential
  • View: Yes
  • Waterfront Features: Dock Access, Marsh
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Drywall
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Covered, Guest, Paved, Storage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Hall
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Dock, Long Term Rental Allowed
  • Amenities: Dock, Pool
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Current Use: Residential
  • Parcel #: 04-11082
  • Zoning Description: Condo
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3363.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Sep 13, 2019
Sold by
Moses Mary Helen
Bought by
Brown Lawrence G
Seller's Agent
Lee Baxter
DeLoach Sotheby's International Realty
Buyer's Agent
Lee Baxter
DeLoach Sotheby's International Realty
List Price
$399,900
Sold Price
$387,500
Premium/Discount to List
-$12,400
-3.1%
Current Estimated Value
$578,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,013
Avg. Annual Appreciation
6.85%
Original Mortgage
$310,000
Outstanding Balance
$271,536
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$306,977

Purchase Details

Listed on
Jul 22, 2015
Closed on
Aug 8, 2016
Sold by
Richard K
Bought by
Moses Mary Helen
Seller's Agent
Tracy Nelson
The Condo Hut, LLC
Buyer's Agent
Ann Harrell
DeLoach Sotheby's International Realty
List Price
$360,000
Sold Price
$318,000
Premium/Discount to List
-$42,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$254,400
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2013
Closed on
Jan 14, 2014
Sold by
Failling Richard K
Bought by
Failing Richard K and Johnson June
Seller's Agent
Annie Harper
Don Wright & Associates
Buyer's Agent
Tracy Nelson
The Condo Hut, LLC
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$239,200
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2007
Sold by
Bishop Dorothy J
Bought by
Jones Kathy

Purchase Details

Closed on
Oct 2, 2007
Sold by
Tr
Bought by
Bishop Dorothy J
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
Brown Lawrence G $387,500 --
Moses Mary Helen $318,000 --
Failing Richard K -- --
Failing Richard K $299,000 --
Jones Kathy -- --
Bishop Dorothy J $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Lawrence G $310,000
Previous Owner Moses Mary Helen $254,400
Previous Owner Failing Richard K $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $387,500 -3.1% $210 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $399,900 +25.8% $217 / Sq Ft
08/08/2016 08/08/16 Sold $318,000 -11.7% $187 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
07/22/2015 07/22/15 For Sale $360,000 +20.4% $212 / Sq Ft
01/14/2014 01/14/14 Sold $299,000 0.0% $162 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/23/2013 11/23/13 For Sale $299,000 -- $162 / 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 $4,113 $164,000 $0 $164,000
2023 $991 $164,000 $0 $164,000
2022 $1,124 $164,000 $0 $164,000
2021 $1,154 $144,600 $0 $144,600
2020 $1,180 $144,600 $0 $144,600
2019 $3,238 $124,000 $0 $124,000
2018 $3,363 $124,000 $0 $124,000
2017 $3,363 $124,000 $0 $124,000
2016 $3,197 $128,000 $0 $128,000
2015 $2,424 $118,000 $0 $118,000
2014 $2,424 $100,000 $0 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Lee Baxter

    Seller's Agent in 2019

    Lee Baxter

    DeLoach Sotheby's International Realty

    (912) 230-2232

    25 in this area

    32 Total Sales

    Lee Baxter
    Section Image

  • T

    Seller's Agent in 2016

    Tracy Nelson

    The Condo Hut, LLC

    (404) 664-3662

    34 in this area

    41 Total Sales

    Tracy Nelson
    Section Image
  • Ann Harrell

    Buyer's Agent in 2016

    Ann Harrell

    DeLoach Sotheby's International Realty

    (912) 222-4002

    78 in this area

    109 Total Sales

    Ann Harrell
    Section Image

  • A

    Seller's Agent in 2014

    Annie Harper

    Don Wright & Associates

    (912) 222-4455

    2 in this area

    2 Total Sales

    Annie Harper
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1610585

Golden Isles Association of REALTORS®

APN: 04-11082

Georgia Glynn County Saint Simons Island 31522

501 Kingsmarsh Way, Saint Simons Island, GA

This home is located at 501 Kingsmarsh Way, Saint Simons Island, GA 31522 since 03 July 2019 and is currently estimated at $578,513, approximately $313 per square foot. This property was built in 1999. 501 Kingsmarsh Way 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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