NOT LISTED FOR SALE

512 Palmetto St Saint Simons Island, GA 31522

Estimated Value: $372,213 - $457,000

2 Beds
2 Baths
848 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $355,000 $419 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,328/month

20 Days on Market

About This Home

As of June 2024

Charming two-bedroom, two-bathroom tabby cottage nestled in the heart of Glynn Haven, boasting a new metal roof for added durability and style. Enjoy the freedom of no HOA, flood insurance requirements, or rental restrictions. The main living area features elegant tile flooring, while the kitchen dazzles with all-new stainless steel Whirlpool appliances. Both the guest room and owner's suite offer modern LPV flooring, with ensuite bathrooms. Enjoy the added convenience of a Murphy bed in the guest room, ready to convey with the property. Less than 5 miles from the beach this cottage is the perfect Island getaway!

Last Agent to Sell the Property

Colleen Martin

Duckworth Properties BWK License #381737 Listed on: 05/15/2024

Last Buyer's Agent

Tamara Green

BHHS Hodnett Cooper Real Estate License #327523

BHHS Hodnett Cooper Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1999

Lot Details

  • 2,396 Sq Ft Lot

Home Design

  • 848 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Glynn Haven Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-05191

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: ,,,
  • Subdivision Name: Glynn Haven Estates
  • Directions: Heading north on Frederica road take a left onto Palmetto Street. Home will be on the right hand side.
  • New Construction: No
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 848.0

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2396.0
  • Parcel #: 04-05191
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1450.25
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 25, 2024
Sold by
Balcer Matthew B
Bought by
Lee Margaret Lucinda
Seller's Agent
Colleen Martin
Duckworth Properties BWK
Buyer's Agent
Tamara Green
BHHS Hodnett Cooper Real Estate
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
49
Current Estimated Value
$400,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,053
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jun 24, 2022
Sold by
Russell Whit E
Bought by
Balcer Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2015
Sold by
Arnold Thomas G
Bought by
Russell Whit E
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
Lee Margaret Lucinda $355,000 --
Balcer Matthew B $273,000 --
Russell Whit E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balcer Matthew B $259,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $355,000 -2.7% $419 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $365,000 -2.7% $430 / Sq Ft
05/15/2024 05/15/24 For Sale $375,000 -- $442 / 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
2024 $2,484 $99,040 $19,880 $79,160
2023 $1,450 $99,040 $19,880 $79,160
2022 $1,994 $74,520 $19,880 $54,640
2021 $1,763 $63,360 $13,400 $49,960
2020 $1,732 $61,560 $13,400 $48,160
2019 $1,661 $58,840 $16,000 $42,840
2018 $1,661 $58,840 $16,000 $42,840
2017 $1,251 $43,120 $10,360 $32,760
2016 $1,160 $43,120 $10,360 $32,760
2015 -- $39,040 $10,360 $28,680
2014 -- $37,320 $8,640 $28,680
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Colleen Martin

    Duckworth Properties BWK

    (912) 297-8638

    9 in this area

    85 Total Sales

    Colleen Martin
    Section Image
  • Tamara Green

    Buyer's Agent in 2024

    Tamara Green

    BHHS Hodnett Cooper Real Estate

    (912) 312-3777

    31 in this area

    62 Total Sales

    Tamara Green
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1646632

Golden Isles Association of REALTORS®

APN: 04-05191

Georgia Glynn County Saint Simons Island 31522

512 Palmetto St, Saint Simons Island, GA

This home is located at 512 Palmetto St, Saint Simons Island, GA 31522 since 15 May 2024 and is currently estimated at $400,053, approximately $471 per square foot. This property was built in 1999. 512 Palmetto St is a home located in Glynn County with nearby schools including Oglethorpe Point 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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