NOT LISTED FOR SALE

507 Vassar Point Saint Simons Island, GA 31522

Saint Simons Neighborhood

Estimated Value: $1,222,000 - $1,437,000

0.6 Acre
$2,205,365 Price per Acre
26,136 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $115,000

Est. 1,051% increase in value since last sale

Current estimated payment $7,651/month

395 Days on Market

Highlights

  • Gated Community
  • 0.6 Acre Lot
  • Shops
  • St. Simons Elementary School Rated A-

About This Lot

As of October 2021

Builders or homeowners' great opportunity to build in upscale neighborhood, mid-south island with marsh views and water feature. Close to shops, restaurants, and the beach. This lot is located on a beautiful and quiet street, not many left on mid-south island and especially for this great price. You can build a 4200 square foot home on right corner and/or a 4000 square foot home on the left corner. One of the widest lots in the subdivision; it has 181 feet frontage, making this lot very impressive compared to most lots in the neighborhood. Restrictions with DNR in building in the middle; however you can install a circular driveway and/or walking paths and a koi pond, or it could be perfect for outdoor entertaining, between a main and guest home. See approved survey and samples of footprints that are attached to the listing.

Last Agent to Sell the Property

Michael Harris

Michael Harris Team License #338638 Listed on: 08/25/2020

Last Buyer's Agent

Justin Wilder

Duckworth Properties BWK License #400917

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,157

Year Built

  • 2024

Lot Details

  • 0.6 Acre Lot
  • Street terminates at a dead end
  • Zoning described as Res Single

HOA Fees

  • $33 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-08446

Community Details

Overview

  • Vassar Point Subdivision

Additional Features

  • Shops
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,157

Year Built

2024

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Lot Size: 0,0,0,0
  • Road Frontage Type: City Street
  • Subdivision Name: Vassar Point
  • Directions: Take Demere Road and left on Frederica road, northbound, you'll find entrance to Vassar Point Subdivision on the right. Continue straight, lot is located on the back left with marsh views.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 2024

Exterior Features

  • Lot Features: Dead End
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Shopping
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 04-08446
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Chip Evans Construction Inc
Bought by
Evans & Varnadoe Construction Llc
Total Days on Market
395
Current Estimated Value
$1,323,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 22, 2021
Sold by
Riverbend Investments Llc
Bought by
Chip Evans Construction Inc
Seller's Agent
Michael Harris
Michael Harris Team
Buyer's Agent
Justin Wilder
Duckworth Properties BWK
List Price
$129,995
Sold Price
$115,000
Premium/Discount to List
-$14,995
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.91%

Purchase Details

Closed on
Apr 19, 2005
Sold by
Baker Frank Barnard
Bought by
Riverbend Investments Llc
Source: Public Records

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
Evans & Varnadoe Construction Llc -- --
Chip Evans Construction Inc $115,000 --
Riverbend Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evan & Varnadoe Construction L $1,030,000
Closed Evans & Varnadoe Construction Llc $835,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $115,000 -11.5% --
09/25/2021 09/25/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $129,995 -- --
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 $7,157 $285,360 $102,840 $182,520
2023 $5,885 $239,480 $102,840 $136,640
2022 $1,154 $46,000 $46,000 $0
2021 $2,417 $93,480 $93,480 $0
2020 $2,441 $93,480 $93,480 $0
2019 $2,075 $93,480 $93,480 $0
2018 $2,441 $93,480 $93,480 $0
2017 $2,441 $93,480 $93,480 $0
2016 $2,244 $93,480 $93,480 $0
2015 $2,253 $93,480 $93,480 $0
2014 $2,253 $93,480 $93,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Harris

    Seller's Agent in 2021

    Michael Harris

    Michael Harris Team

    (912) 584-0424

    36 in this area

    99 Total Sales

    Michael Harris
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Wilder

    Duckworth Properties BWK

    (912) 269-0203

    4 in this area

    24 Total Sales

    Justin Wilder
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1620898

Golden Isles Association of REALTORS®

APN: 04-08446

Georgia Glynn County Saint Simons Island 31522 Saint Simons

507 Vassar Point, Saint Simons Island, GA

This home is located at 507 Vassar Point, Saint Simons Island, GA 31522 since 25 August 2020 and is currently estimated at $1,323,219. This property was built in 2024. 507 Vassar Point is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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