NOT LISTED FOR SALE

777 Drum Point Way Midway, GA 31320

Estimated Value: $261,000 - $313,000

3 Beds
1 Bath
1,008 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $200,000 $198 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,703/month

8 Days on Market

Highlights

  • Waterfront
  • Wood Siding
  • 1-Story Property
  • Cooling Available
  • Wall Furnace

About This Home

As of April 2022

Rustic cottage on 1.61 Acres on marsh front with west water views. Use as your retreat or live here while you build something new. Enjoy the sunsets on the family size screened front porch. Community dock with boat slip. Oak trees and azalea abound.

Last Agent to Sell the Property

Linda Hawk

Ballast Real Estate, LLC License #246553 Listed on: 03/11/2022

Last Buyer's Agent

Linda Hawk

Ballast Real Estate, LLC License #246553 Listed on: 03/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 1940

Lot Details

  • 1.61 Acre Lot
  • Waterfront
  • Property is zoned R1

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • Half Moon Club Association
  • Colonials Island Half Moon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 355A-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

Built in 1940

Lot Details

1.61 Acres

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Water Heater
  • Original List Price: 250000.00
  • Architectural Style: Rustic
  • Living Area: 1008.00
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Laundry Features: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Road Surface Type: Asphalt, Dirt, Gravel
  • Waterfront Features: Marsh
  • Waterfront?: Yes

Garage/Parking

  • Has Attached Garage?: No

Utilities

  • Water Source: None
  • Cooling: Electric, Window Unit(s)
  • Has Cooling?: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Association Fees: 150.00
  • Association Fee Frequency: Annually
  • Association Name: Half Moon Club
  • Has H O A?: Yes

Lot Info

  • Zoning: R1
  • Lot Size Acres: 1.61
  • Lot Size Sq Ft: 70132.00
  • Parcel#: 355A-002

Rental Info

  • Restrictions: Restrictive Covenant

Tax Info

  • Tax Year: 2020
  • Tax Lot: 4
  • Tax Amount: 2131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Lormis Matthew A
Bought by
Lee Jacob Patrick and Lee Stephanie Scavo
Current Estimated Value
$280,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$174,399
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$105,944

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 18, 2022
Sold by
Nichols Judith Wilson
Bought by
Lormis Matthew A and Lormis Summer R
Seller's Agent
Linda Hawk
Ballast Real Estate, LLC
Buyer's Agent
Linda Hawk
Ballast Real Estate, LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$160,000
Interest Rate
3.76%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Oct 30, 2015
Sold by
Nichols Judith W
Bought by
Wilson V Ellen

Purchase Details

Closed on
Dec 10, 2004
Sold by
Wilson Virginia B
Bought by
Hatcher Ellen Wilson

Purchase Details

Closed on
Feb 4, 1969
Bought by
Wilson Virginia B
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Lee Jacob Patrick $275,000 --
Lormis Matthew A $200,000 --
Wilson V Ellen -- --
Nichols Judith W $45,000 --
Nichols Judith W $45,000 --
Hatcher Ellen Wilson $70,000 --
Hatcher Ellen Wilson $70,000 --
Wilson Virginia B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jacob Patrick $175,000
Previous Owner Lormis Matthew A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $200,000 -20.0% $198 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $250,000 -- $248 / Sq Ft
Source: Hive MLS

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 $2,770 $61,228 $44,352 $16,876
2023 $2,704 $59,374 $44,352 $15,022
2022 $2,147 $51,260 $44,352 $6,908
2021 $2,125 $50,874 $44,352 $6,522
2020 $2,131 $51,094 $44,352 $6,742
2019 $2,088 $51,310 $44,352 $6,958
2018 $2,073 $51,526 $44,352 $7,174
2017 $1,749 $53,127 $45,738 $7,389
2016 $2,003 $53,343 $45,738 $7,605
2015 $2,775 $57,501 $49,896 $7,605
2014 $2,775 $74,932 $66,528 $8,404
2013 -- $74,688 $66,528 $8,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: SA265326

Hive MLS

APN: 355A-002

Your Personal Tour Guide

Ask me questions while you tour the home.