NOT LISTED FOR SALE

Estimated Value: $485,000

0.82 Acre
$591,463 Price per Acre
35,719 Sq Ft Lot

Last Sold July 31, 2014

Last sale price $275,000

Est. 76% increase in value since last sale

Current estimated payment $2,574/month

1,135 Days on Market

About This Lot

As of July 2014

The property is .82+/- acres (35,632SF) zoned PD-G Planned Development General. The property is on the west side of Kings Marsh Way in a successful and established commercial and residential area of St. Simons Island. The site is lightly wooded, level and at grade with the frontage roads. 250+/- ft. Kings Marsh Way frontage and 200+/+- ft. Longview Road frontage. Bank owned property. PRICE REDUCED to $340,000.

Last Listed By

Pam Timbes

Palmetto Realty Group License #103134 Listed on: 05/23/2011

Property Details

Property Type

  • Land

Lot Details

  • 0.82 Acre Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.82
  • Lot Size: 0,0,0,0
  • Subdivision Name: No Recorded Subdivision
  • Directions: Located just west of St. Simons Post Office, across Kings Marsh Way, off of Frederica Road, St. Simons Island, GA.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2011
Closed on
Jul 31, 2014
Sold by
Suntrust Bank
Bought by
Palmetto Building Grp Llc
Seller's Agent
Pam Timbes
Palmetto Realty Group
Buyer's Agent
Robert Driggers, Jr., MAI, CCIM
Driggers Commercial Group
List Price
$650,000
Sold Price
$275,000
Premium/Discount to List
-$375,000
-57.69%
Total Days on Market
1135
Current Estimated Value
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,000
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
May 7, 2013
Sold by
Stevens Ethel
Bought by
Suntrust Bank

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
Palmetto Building Grp Llc $275,000 --
Suntrust Bank $247,324 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $275,000 -57.7% --
07/01/2014 07/01/14 Pending -- -- --
05/23/2011 05/23/11 For Sale $650,000 -- --
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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1554380

Golden Isles Association of REALTORS®

APN: 04-14793