NOT LISTED FOR SALE

540 Magnolia Ave Saint Simons Island, GA 31522

Estimated Value: $1,527,020 - $1,630,000

4 Beds
3.5 Baths
2,910 Sq Ft
$541/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $1,250,000 $430 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,465/month

105 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Porch
  • St. Simons Elementary School Rated A-
  • No HOA
  • 2-minute walk to St Simons Village Park

About This Home

As of April 2024

Convenience is at your doorstep with this Beach Cottage's unbeatable location. Walking distance to the Village, Beach, Pier, Park, Shopping and Restaurants. The home features four spacious bedrooms, three full baths and 1 half bath, making it perfect for permanent living or Vacation rentals. The main level offers the primary suite with doors opening to the covered porch which runs the length of the house. An additional bedroom and full bath and a half or also also on the main level. The Primary bath has a curbless walk in shower and dual vanities. Inside are beautiful hardwood floors, vaulted ceiling, fireplace, and all overlook the spacious kitchen which features gas cooking, center island, pantry, lots of great cabinets. A sunroom offers additional space for enjoyment and tranquility. Located on the second floor are two spacious bedrooms large bath and a second living area. This home is more than just a place to live it's a lifestyle. Don't miss the opportunity to make it yours.

Last Agent to Sell the Property

Evelyn Murphy

BHHS Hodnett Cooper Real Estate License #105308 Listed on: 11/14/2023

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Evelyn Murphy

BHHS Hodnett Cooper Real Estate License #105308 Listed on: 11/14/2023

BHHS Hodnett Cooper Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,796

Year Built

  • Built in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a county road

Parking

  • 2 Parking Spaces

Home Design

  • Fire Rated Drywall
  • Metal Roof
  • Concrete Siding
  • HardiePlank Type

Interior Spaces

  • 2,910 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Great Room with Fireplace
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • St Simons Park Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 04-14678

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,796

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.15
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Inclusions: Dryer,Refrigerator
  • Subdivision Name: St Simons Park
  • Directions: Kings Way to the village at the traffic light in the Village turn onto Mallory and take the first right onto Magnolia Avenue 540 will be on your right.
  • Architectural Style: Cottage
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessible Full Bath
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Great Room
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Kitchen Island, Pantry, Painted Woodwork, Vaulted Ceiling(s), Ceiling Fan(s), Fireplace, Cable TV
  • Living Area: 2910.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: None
  • View: Other, Residential
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Concrete, Drywall
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Hall
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected
  • 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

  • Parcel #: 04-14678
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: B
  • Tax Book Number: 3481/72
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Apr 8, 2024
Sold by
Mccall Peter B
Bought by
Magnolia Avenue Ssi Llc
Seller's Agent
Evelyn Murphy
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Evelyn Murphy
BHHS Hodnett Cooper Real Estate
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
75
Current Estimated Value
$1,574,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,505
Avg. Annual Appreciation
17.13%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Golden Isles Lodge 707
Bought by
Mecchella Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Magnolia Avenue Ssi Llc $1,250,000 --
Mecchella Edward $449,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccall Peter B $100,000
Previous Owner Mecchella Edward $710,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,250,000 -10.7% $430 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,400,000 +12.0% $481 / Sq Ft
12/11/2023 12/11/23 Off Market $1,250,000 -- --
11/14/2023 11/14/23 For Sale $1,400 -99.8% $0 / Sq Ft
08/24/2015 08/24/15 Sold $645,000 -4.4% $222 / Sq Ft
05/01/2015 05/01/15 For Sale $675,000 -- $233 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
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 $13,796 $550,120 $103,200 $446,920
2023 $2,141 $550,120 $103,200 $446,920
2022 $2,306 $535,760 $103,200 $432,560
2021 $2,370 $288,560 $103,200 $185,360
2020 $2,428 $288,560 $103,200 $185,360
2019 $2,428 $267,920 $82,560 $185,360
2018 $6,511 $249,360 $64,000 $185,360
2017 $2,428 $249,360 $64,000 $185,360
2016 $1,940 $249,360 $64,000 $185,360
2015 -- $64,000 $64,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1643280

Golden Isles Association of REALTORS®

APN: 04-14678