NOT LISTED FOR SALE

502 Neptune Way Saint Simons Island, GA 31522

Estimated Value: $991,000 - $1,836,000

3 Beds
3 Baths
2,440 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $575,000 $236 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,021/month

63 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Breakfast Bar
  • St. Simons Elementary School Rated A-
  • Woodwork
  • 3-minute walk to St Simons Village Park

About This Home

As of July 2020

REDUCED!!! PRIME LOCATION FOR ST. SIMONS BEACH COTTAGE - Property includes 502 & 502 1/2 Neptune Way situated on charming corner lot. Short walking distance to heart of the village & less than 2 blocks to the beach, lighthouse, casino swimming pool, library, fishing pier, shopping & many wonderful restaurants. Located in the quaint St. Simons Historic District & the nearby St. Simons Park. Property has durable tabby & consists of 2 cottages - main cottage (502 Neptune) has 2 BR/2 BA /guest cottage (502 1/2 Neptune) has 1 BR/1 BA. Main cottage has spacious & open living room w/gas fireplace adjacent to the bright & delightful dining area w/expansive windows adjoining kitchen & breakfast bar. Master bath in main cottage has been newly remodeled w/beautiful tiled walk-in shower, new vanity combo & floor covering. Main cottage has an oversized covered back porch w/ceiling fan. Both cottages have back porches & are separated by garage w/automatic door opener

Last Agent to Sell the Property

Jeannie Kirkland, Broker

Bob Wooldridge Realty License #209554 Listed on: 04/28/2020

Last Buyer's Agent

Phoebe Hoaster

DeLoach Sotheby's International Realty License #47715

DeLoach Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,524

Year Built

  • Built in 1938

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Fire Rated Drywall
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-04585

Community Details

Overview

  • St Simons Park Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,524

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Inclusions: Dryer,Gas Logs,Refrigerator,Washer
  • Subdivision Name: St Simons Park
  • Directions: Turn beside Hot Dog Alley onto Neptune Way - first intersection is Neptune and Park Avenue. After stop sign - property is corner lot on your right
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Range Hood, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Pull Down Attic Stairs, Painted Woodwork, Ceiling Fan(s), Fireplace, Cable TV
  • Living Area: 2440.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Privacy, Partial
  • Construction Type: Concrete, Drywall
  • Exterior Features: Deck, Paved Driveway
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage Door Opener, Paved, On Street

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Trails/Paths

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-04585
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 4148 405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Sep 8, 2020
Sold by
Pearson P Frank
Bought by
Water Turkey Holdings Llc
Seller's Agent
Jeannie Kirkland, Broker
Bob Wooldridge Realty
Buyer's Agent
Phoebe Hoaster
DeLoach Sotheby's International Realty
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Current Estimated Value
$1,337,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,125
Avg. Annual Appreciation
17.19%
Original Mortgage
$635,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 31, 2020
Sold by
Mcbride Lynn
Bought by
Pearson P Frank P and Pearson Rhonda M
Seller's Agent
Jeannie Kirkland, Broker
Bob Wooldridge Realty
Buyer's Agent
Phoebe Hoaster
DeLoach Sotheby's International Realty
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Mcbride Carolyn M
Bought by
Mcbride Peggy Ellen and Mcbride Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Water Turkey Holdings Llc -- --
Pearson P Frank P $575,000 --
Mcbride Peggy Ellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pearson P Frank P $635,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $575,000 -8.0% $236 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $625,000 0.0% $256 / Sq Ft
09/22/2016 09/22/16 Rented $1,500 0.0% --
09/22/2016 09/22/16 For Rent $1,500 -- --
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
2025 $11,524 $459,520 $146,160 $313,360
2024 $9,806 $391,000 $104,400 $286,600
2023 $9,733 $391,000 $104,400 $286,600
2022 $9,699 $381,760 $104,400 $277,360
2021 $5,670 $214,440 $104,400 $110,040
2020 $5,173 $193,320 $104,400 $88,920
2019 $4,627 $172,440 $83,520 $88,920
2018 $4,137 $153,640 $64,720 $88,920
2017 $4,137 $153,640 $64,720 $88,920
2016 $3,812 $153,640 $64,720 $88,920
2015 $3,828 $153,640 $64,720 $88,920
2014 $3,828 $153,640 $64,720 $88,920
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeannie Kirkland, Broker

    Bob Wooldridge Realty

    (912) 258-4722

    4 in this area

    6 Total Sales

    Jeannie Kirkland, Broker
    Section Image
  • Phoebe Hoaster

    Buyer's Agent in 2020

    Phoebe Hoaster

    DeLoach Sotheby's International Realty

    (912) 270-5730

    97 in this area

    115 Total Sales

    Phoebe Hoaster
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1616921

Golden Isles Association of REALTORS®

APN: 04-04585

Georgia Glynn County Saint Simons Island 31522

502 Neptune Way, Saint Simons Island, GA

Not Listed for Sale

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