$645,000
SOLD AUG 24, 2015

540 Magnolia Ave Saint Simons Island, GA 31522

4 Beds
3.5 Baths
2,900 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

4% Below List Price

Highlights

  • 1 Fireplace
  • No HOA
  • Wood Siding
  • St. Simons Elementary School Rated A-
  • Under Construction
  • 2-minute walk to St Simons Village Park

About This Home

As of April 2024

New construction at the corner of Neptune Way and Magnolia.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,796

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 6,600 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Community Details

  • No Home Owners Association
  • St Simons Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-14678

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,796

Year Built

Built in 2015 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 60,60,110,110
  • Ownership: Fee Simple
  • Subdivision Name: St Simons Park
  • Directions: Corner of Neptune Way and Magnolia
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2900.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Crawlspace
  • Property Condition: Under Construction

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: 6600.0
  • Parcel #: 04-14678
  • ResoLotSizeUnits: Acres

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
$1,644,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,148
Avg. Annual Appreciation
14.95%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 --
Limited Warranty Deed $449,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $710,000 New Conventional
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: 1573510

Golden Isles Association of REALTORS®

APN: 04-14678