NOT LISTED FOR SALE

505 Magnolia St Saint Simons Island, GA 31522

Estimated Value: $425,947 - $498,000

3 Beds
2 Baths
1,170 Sq Ft
$399/Sq Ft Est. Value

Highlights

  • Ranch Style House
  • No HOA
  • Tile Flooring
  • Oglethorpe Point Elementary School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2023

This coastal cottage is ready for long term renters! 3 bed, 2 bath. Unfurnished. One-year lease. PET FRIENDLY. Bathrooms have recently been remodeled. Fully fenced backyard. Sought after community with new Glynn Haven Estates park. Property is non-smoking.

Last Agent to Rent the Property

Foster Hayes

BHHS Hodnett Cooper Real Estate License #414001 Listed on: 06/13/2023

BHHS Hodnett Cooper Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 2003

Lot Details

  • 3,920

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Additional Features

  • 3,920 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Glynn Haven Estates Subdivision

Listing and Financial Details

  • Property Available on 6/14/23
  • Tenant pays for all utilities, cable TV, electricity, grounds care, internet, pest control, sewer, telephone, water
  • The owner pays for common area maintenance, exterior maintenance, trash collection
  • Rent includes building maintenance, trash collection
  • Assessor Parcel Number 04-06514

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,916

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Grounds Care, Internet, Pest Control, Sewer, Telephone, Water
  • Available Date: 2023-06-14

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.09
  • Lot Size: ,,,
  • Subdivision Name: Glynn Haven Estates
  • Directions: From Frederica Road, Turn right onto Holly Street, Take first right onto Third Avenue, Turn left onto Magnolia Street, 505 Magnolia will be on your left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Trash Collection
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1170.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Concrete
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Hall, Laundry Room, Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Building Maintenance, Trash Collection
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 04-06514
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2005
Sold by
Royal Buick Cadillac Inc
Bought by
Colangelo Doreen
Current Estimated Value
$466,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$128,407
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$338,330

Purchase Details

Closed on
Mar 31, 2005
Sold by
Ghioto Robert J
Bought by
Royal Buick Cadillac Inc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Royal Buick Cadillac Inc
Bought by
Ghioto Robert J and Ghioto Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.61%
Mortgage Type
New Conventional
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
Colangelo Doreen $255,000 --
Royal Buick Cadillac Inc -- --
Ghioto Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colangelo Doreen $229,500
Previous Owner Ghioto Robert J $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Rented $2,500 0.0% --
07/12/2023 07/12/23 For Rent $2,500 0.0% --
07/10/2023 07/10/23 Off Market $2,500 -- --
06/27/2023 06/27/23 Price Changed $2,500 -3.8% $2 / Sq Ft
06/14/2023 06/14/23 Price Changed $2,600 -7.1% $2 / Sq Ft
06/13/2023 06/13/23 For Rent $2,800 -- --
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 $2,916 $116,280 $30,160 $86,120
2023 $1,260 $116,280 $30,160 $86,120
2022 $1,674 $94,760 $30,160 $64,600
2021 $1,722 $79,280 $20,320 $58,960
2020 $1,736 $77,160 $20,320 $56,840
2019 $1,736 $74,800 $24,280 $50,520
2018 $1,490 $74,800 $24,280 $50,520
2017 $1,490 $66,280 $15,760 $50,520
2016 $1,390 $66,280 $15,760 $50,520
2015 $1,395 $59,960 $15,760 $44,200
2014 $1,395 $57,320 $13,120 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1640493

Golden Isles Association of REALTORS®

APN: 04-06514