NOT LISTED FOR SALE

55 Forest Island Dr NE Townsend, GA 31331

Estimated Value: $65,000 - $155,000

1.13 Acres
$97,345 Price per Acre
49,223 Sq Ft Lot

Last Sold May 02, 2023

Last sale price $50,000

Est. 120% increase in value since last sale

Current estimated payment $636/month

8 Days on Market

Highlights

  • River View
  • No HOA
  • Property fronts a marsh

About This Lot

As of May 2023

Marshfront lot with Eastern exposure looking towards the Sapelo River. Lot 55 is located on Forest Island Drive, less than 5 minutes from Eulonia and 15 minutes from Darien. 1.13 acres provides plenty of space to build a coastal home. Zoned R2, so a mobile home could be permitted. Access to County water. Adjacent lot 56 is also available.

Last Listed By

Catherine Williams

Spartina Real Estate License #373979 Listed on: 04/02/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $278

Lot Details

  • 1.13 Acre Lot
  • Property fronts a marsh
  • Property fronts a county road

Property Views

  • River Views

Community Details

  • No Home Owners Association
  • Forest Marsh Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0048E 0019055

Property Details

Property Type

Land

Est. Annual Taxes

$278

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.13
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt
  • Subdivision Name: Forest Marsh
  • Directions: From Eulonia, take Hwy. 99 South 1.1 miles. Turn left on Forest Island Drive and follow for approximately 1 mile until road curves to the right. Turn left on Forest Island Drive and lot will be on your right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1 to 5 Acres, Additional Land Available, Subdivision
  • View: Marsh View, River, Water
  • View: Yes
  • Waterfront Features: Marsh, Other
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0048E 0019055
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 278.0
  • Tax Book Number: 645/47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 2, 2023
Sold by
White Will Don
Bought by
Mumford Karen
Seller's Agent
Catherine Williams
Spartina Real Estate
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Total Days on Market
8
Current Estimated Value
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,000
Avg. Annual Appreciation
47.75%

Purchase Details

Closed on
Apr 16, 2019
Sold by
White Perry Clinard
Bought by
White Will Don

Purchase Details

Closed on
Jan 9, 2015
Sold by
White Perry S
Bought by
White House Builders Inc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Clinard D Perry
Bought by
White Will

Purchase Details

Closed on
Oct 9, 1999
Sold by
Johns Tract
Bought by
Clinard D Perry

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
Mumford Karen $100,000 --
White Will Don -- --
White Will Don -- --
White House Builders Inc -- --
White Will -- --
Clinard D Perry $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Will D $126,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $50,000 -16.7% --
04/11/2023 04/11/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $60,000 -- --
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 $311 $11,200 $11,200 $0
2023 $278 $10,000 $10,000 $0
2022 $278 $10,000 $10,000 $0
2021 $266 $10,000 $10,000 $0
2020 $266 $10,000 $10,000 $0
2019 $266 $10,000 $10,000 $0
2018 $266 $10,000 $10,000 $0
2017 $266 $10,000 $10,000 $0
2016 $226 $10,000 $10,000 $0
2015 $128 $4,796 $4,796 $0
2014 $128 $4,796 $4,796 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1639222

Golden Isles Association of REALTORS®

APN: 0048E-0019055