$318,000
SOLD AUG 8, 2016

501 Kingsmarsh Way Saint Simons Island, GA 31522

3 Beds
3 Baths
1,700 Sq Ft
$350/mo HOA Fee

Recently Sold

$187 Per Sq Ft

12% Below List Price

329 Days on Market

Highlights

  • Docks
  • Screened Porch
  • Crown Molding
  • Oglethorpe Point Elementary School Rated A
  • Community Pool
  • Cooling Available

About This Home

As of September 2019

MARSHFRONT DOWNSTAIRS FLAT - 3 BEDROOMS/3 FULL BATHS!! Approximately 1700 square feet w/ gas stove& gas fireplace. Enjoy viewing coastal birds with a coastal breeze and a cool drink from the SCREENED PORCH! One covered parking place and plenty of guest parking in addition to a large storage room for bikes and beach toys. CRAB/BAIT DOCK & pool at end of cul-de-sac in this small complex. (No short term rentals allowed.) The following updates have just been completed as of July 21, 2015: entire unit painted, new lighting fixtures in dining room and all bathrooms, new water heater, new microwave (2012-new HVAC). (REDUCED $20K)

Last Agent to Sell the Property

Tracy Nelson

The Condo Hut, LLC License #184645 Listed on: 07/22/2015

Last Buyer's Agent

Ann Harrell

DeLoach Sotheby's International Realty License #126587

DeLoach Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,113

Year Built

  • Built in 2000

Lot Details

  • Property fronts a county road
  • Fenced
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Property Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Carport Space
  • Paved Parking
  • Guest Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Energy-Efficient Insulation
  • Docks

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 017
  • Assessor Parcel Number 04-11082

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,113

Year Built

Built in 2000

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: KingsMarsh Villas Condos
  • Directions: There are 2 ways to enter - the formal route: Turn West at Bank of the Ozarks off Frederica onto Riverview, turn left onto Longview Road just past the Inn, and ease left at the curve OR the informal route: Turn West at the light by BB&T. At stop sign, continue straight, keeping left of the Post Office. This will dead end into Kings Marsh Villas. #501 is near the end of cul-de-sac, downstairs on the left hand side.
  • Architectural Style: Flat
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Building Stories: 1
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Crown Molding
  • Living Area: 1700.0
  • Stories: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone, Landscaped
  • Pool Features: Association
  • View: Marsh View, Residential
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood Siding, Drywall
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle, Wood

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, Paved, Parking Space(s)

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Amenities: Dock, Pool, Pets Allowed
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 04-11082
  • Zoning Description: Condo,Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 045
  • Tax Book Number: 3267 95
  • Tax Lot: 017
  • Tax Map Number: 0031-20

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 Type Sale Price Title Company
Warranty Deed $387,500 --
Warranty Deed $318,000 --
Warranty Deed -- --
Warranty Deed $299,000 --
Deed -- --
Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Previous Owner $254,400 New Conventional
Previous Owner $239,200 New Conventional
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

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1574668

Golden Isles Association of REALTORS®

APN: 04-11082