NOT LISTED FOR SALE

Estimated Value: $1,287,000 - $1,579,717

3 Beds
3 Baths
2,800 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $533,000 $190 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $8,584/month

224 Days on Market

Highlights

  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • No HOA

About This Home

As of April 2014

This 3 bedroom, 3 bath island cottage is located on a quiet street across from the beach and a short walk to the village. Second floor deck offers ocean view. This cottage is being sold fully furnished.

Last Agent to Sell the Property

Freddy Stroud

Georgia Coast Realty License #150357 Listed on: 07/31/2013

Last Buyer's Agent

Dana Tucker Hill

Georgia Coast Realty License #322409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,337

Year Built

  • Built in 1948

Lot Details

  • 5,663

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Zoning described as Res Single,Resort
  • Cable TV Available

Community Details

  • No Home Owners Association
  • St Simons Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,337

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 52,52,110,110
  • Subdivision Name: St Simons Beach
  • Directions: East on Ocean Blvd to caution light at Demere Rd. Turn left toward ocean, the left again onto Oglethorpe.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 2800.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No
  • Foundation Details: Crawlspace

Utilities

  • Utilities: Cable Available, Electricity Available
  • 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

  • Zoning Description: Res Single,Resort
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Joesbury Michael Allen
Bought by
Scherer Robert N and Scherer Shannon B
Current Estimated Value
$1,416,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Apr 11, 2014
Sold by
Dixon Jimmy L
Bought by
Joesbury Michael Allen and Joesbury Linda B
Seller's Agent
Freddy Stroud
Georgia Coast Realty
Buyer's Agent
Dana Tucker Hill
Georgia Coast Realty
List Price
$675,000
Sold Price
$533,000
Premium/Discount to List
-$142,000
-21.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$172,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2013
Sold by
M2s2 Llc
Bought by
The Coastal Bank Of Georgia
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 Buyer Sale Price Title Company
Scherer Robert N $750,000 --
Joesbury Michael Allen $533,000 --
The Coastal Bank Of Georgia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Robert N $594,750
Closed Scherer Robert N $600,000
Previous Owner Joesbury Michael Allen $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $533,000 -21.0% $190 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
07/31/2013 07/31/13 For Sale $675,000 -- $241 / 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 $8,337 $332,440 $176,800 $155,640
2023 $7,435 $318,080 $176,800 $141,280
2022 $8,102 $318,080 $176,800 $141,280
2021 $5,536 $209,240 $135,200 $74,040
2020 $5,588 $209,240 $135,200 $74,040
2019 $5,588 $209,240 $135,200 $74,040
2018 $2,028 $209,240 $135,200 $74,040
2017 $2,028 $209,240 $135,200 $74,040
2016 $5,147 $209,240 $135,200 $74,040
2015 $5,168 $209,240 $135,200 $74,040
2014 $5,168 $209,240 $135,200 $74,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1564823

Golden Isles Association of REALTORS®

APN: 04-04780