NOT LISTED FOR SALE

502 Palmetto St Saint Simons Island, GA 31522

Estimated Value: $462,765 - $481,000

4 Beds
2.5 Baths
1,472 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $350,000 $238 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,794/month

23 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Attic
  • Oglethorpe Point Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of December 2021

You'll love this convenient mid-island location. This great home features, 4 bedrooms and 2.5 baths (master on the main), the living room has hardwood floors, crown molding and judges paneling. There are great built-ins on the 2nd floor that provide extra storage. The awesome outdoor space is fully fenced, has an open deck, open patio and a great detached building that can be used for storing your tools or you could convert it to an outdoor bar for entertaining. Don't miss out on this one! Call your Realtor today for your private showing.

Last Agent to Sell the Property

Dana Tucker Hill

Georgia Coast Realty License #322409 Listed on: 10/22/2021

Last Buyer's Agent

Gregory Hawthorne

The Hawthorne Agency Inc License #288293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 2007

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts a county road
  • Privacy Fence
  • Fenced
  • Level Lot
  • Zoning described as Res Single

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Washer Hookup

Outdoor Features

  • Deck
  • Open Patio
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Glynn Haven Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-14237

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,880

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Glynn Haven Estates
  • Directions: Coming onto the island bear left onto Sea Island Causeway, go thru light and follow to the light at Frederica Rd. Turn left on Frederica. Palmetto will be on the left (near the fire station). House will be on the 5th block on the right.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic, Crown Molding, Pull Down Attic Stairs, Ceiling Fan(s), Cable TV
  • Living Area: 1472.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Privacy, Fenced
  • Lot Features: Level
  • View: Residential
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck, Open, Patio

Utilities

  • Laundry Features: Washer Hookup, Upper Level
  • 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

  • Association: No

Schools

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

Lot Info

  • Parcel #: 04-14237
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 15, 2021
Sold by
Martinez Angel G
Bought by
Gonzalez Maurice
Seller's Agent
Dana Tucker Hill
Georgia Coast Realty
Buyer's Agent
Gregory Hawthorne
The Hawthorne Agency Inc
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$469,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,441
Avg. Annual Appreciation
7.70%
Original Mortgage
$280,000
Outstanding Balance
$257,527
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$211,914

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 20, 2017
Sold by
Nybro Sala Llc
Bought by
Martinez Angel G and Martinez Erica Hulda
Seller's Agent
Nicholas Johnson
Home Buyers Choice Realty
Buyer's Agent
Dana Tucker Hill
Georgia Coast Realty
List Price
$229,900
Sold Price
$208,300
Premium/Discount to List
-$21,600
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$215,173
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 31, 2015
Sold by
Thrianta Holdings Llc
Bought by
Nybro Sala Llc

Purchase Details

Listed on
Feb 20, 2015
Closed on
Feb 27, 2015
Sold by
Abaco Ph 1007 Llc
Bought by
Thrianta Holdings Llc
Seller's Agent
Nicholas Johnson
Home Buyers Choice Realty
Buyer's Agent
Nicholas Johnson
Home Buyers Choice Realty
Sold Price
$1,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$122,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2014
Sold by
Merritt Casey J
Bought by
Abaco Ph 1007 Llc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Branch Banking & Trust Company
Bought by
Merritt Casey J and Merritt Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,899
Interest Rate
5.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Maurice $350,000 --
Martinez Angel G $208,300 --
Nybro Sala Llc -- --
Thrianta Holdings Llc $175,000 --
Abaco Ph 1007 Llc $145,081 --
Merritt Casey J $182,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Maurice $280,000
Previous Owner Martinez Angel G $215,173
Previous Owner Thrianta Holdings Llc $122,500
Previous Owner Merritt Casey J $178,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $350,000 -7.7% $238 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $379,000 +81.9% $257 / Sq Ft
01/17/2017 01/17/17 Sold $208,300 -9.4% $142 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $229,900 +31.4% $156 / Sq Ft
03/04/2015 03/04/15 Sold $175,000 0.0% $119 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Rented $1,295 0.0% --
03/01/2015 03/01/15 Under Contract -- -- --
02/20/2015 02/20/15 Pending -- -- --
02/20/2015 02/20/15 For Rent $1,295 0.0% --
11/13/2014 11/13/14 For Sale $189,900 -- $129 / 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
2025 $3,880 $154,720 $20,720 $134,000
2024 $3,826 $152,560 $19,880 $132,680
2023 $3,874 $152,560 $19,880 $132,680
2022 $3,118 $119,360 $19,880 $99,480
2021 $2,319 $84,840 $13,400 $71,440
2020 $2,273 $82,280 $13,400 $68,880
2019 $2,142 $77,240 $16,000 $61,240
2018 $2,142 $77,240 $16,000 $61,240
2017 $1,920 $68,760 $10,360 $58,400
2016 $1,775 $68,760 $10,360 $58,400
2015 $1,927 $76,480 $10,360 $66,120
2014 $1,927 $74,760 $8,640 $66,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1629750

Golden Isles Association of REALTORS®

APN: 04-14237