NOT LISTED FOR SALE

518 Oak St St. Simons Island, GA 31522

Estimated Value: $984,316 - $1,301,000

0.15 Acre
$7,488,860 Price per Acre
6,878 Sq Ft Lot

Last Sold December 10, 2018

Last sale price $375,000

Est. 200% increase in value since last sale

Current estimated payment $6,493/month

96 Days on Market

Highlights

  • Park or Greenbelt View
  • No HOA
  • 2-minute walk to Mallery Recreation Park
  • St. Simons Elementary School Rated A-
  • Level Lot

About This Lot

As of December 2018

Rare opportunity to purchase a beautiful homesite in the heart of the Village - walk to restaurants, shops, fishing pier, etc. This corner lot overlooks a scenic County park. Note that this property is located in the Village Preservation District and is subject to the requirements in Section 709 "Island Preservation" of the Glynn County Zoning Ordinances. Water and sewer taps are in place and the fees have been paid by Sellers. Survey and tree survey has recently been completed - copies available from listing agent. This property is located in X flood zone.

Last Agent to Sell the Property

Joan Lewis

Signature Properties Group Inc. License #53147 Listed on: 08/05/2018

Last Buyer's Agent

Colleen Martin

Duckworth Properties BWK License #381737

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,728

Lot Details

  • 6,878 Sq Ft Lot
  • Property fronts a county road
  • Level Lot

Property Views

  • Park or Greenbelt Views

Schools

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

Community Details

  • No Home Owners Association
  • Demere Oaks Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 04-15081

Property Details

Property Type

Land

Est. Annual Taxes

$6,728

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.15
  • Lot Size: 70,69,97,101
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Demere Oaks
  • Directions: From Ocean Blvd. turn on to Oak Street (the corner where The Porch is located). The property is located on the right. The corner of Oak Street and Neptune Way.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • View: Park/Greenbelt, Other
  • View: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 6878.0
  • Parcel #: 04-15081
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 34/99
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Dec 10, 2018
Sold by
Horton Family Limited Partnership
Bought by
Marks Powell Properties Llc
Seller's Agent
Joan Lewis
Signature Properties Group Inc.
Buyer's Agent
Colleen Martin
Duckworth Properties BWK
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$1,123,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,329
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
Marks Powell Properties Llc $375,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $375,000 -3.6% --
11/10/2018 11/10/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $389,000 -- --
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 $6,728 $268,280 $268,280 $0
2023 $6,718 $268,280 $268,280 $0
2022 $3,285 $126,000 $126,000 $0
2021 $3,383 $126,000 $126,000 $0
2020 $2,045 $73,520 $73,520 $0
2019 $2,045 $73,520 $73,520 $0
2018 $2,084 $79,800 $79,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Lewis

    Seller's Agent in 2018

    Joan Lewis

    Signature Properties Group Inc.

    (912) 634-9995

    43 in this area

    87 Total Sales

    Joan Lewis
    Section Image

  • C

    Buyer's Agent in 2018

    Colleen Martin

    Duckworth Properties BWK

    (912) 297-8638

    9 in this area

    85 Total Sales

    Colleen Martin
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1601415

Golden Isles Association of REALTORS®

APN: 04-15081

Georgia Glynn County Saint Simons Island 31522

518 Oak St, Saint Simons Island, GA

This home is located at 518 Oak St, St. Simons Island, GA 31522 since 05 August 2018 and is currently estimated at $1,123,329. 518 Oak St 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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