NOT LISTED FOR SALE

Estimated Value: $634,218 - $1,053,000

4 Beds
2.5 Baths
1,746 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $600,000 $344 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,722/month

55 Days on Market

About This Home

As of September 2021

Rare find--duplex and the 4th property back from beach. Needs updating but with this super location you can't go wrong. Best beach area in the residential area of Jekyll. Both sides are long term rentals on a month-to-month basis. May take time to set up appointments and may show only one side to determine interest before showing other side. Property will be sold in "AS IS" condition.

Last Listed By

Skip Adamson

Seaside Realty, LLC License #5034 Listed on: 06/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1956

Lot Details

  • 0.36 Acre Lot
  • 1 Common Wall
  • Land Lease of $655 per year

Parking

  • Carport

Home Design

  • 1,746 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Satilla Marsh Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Community Details

  • Palmetto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-00237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,288

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: ,,,
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Ownership: Leasehold
  • Subdivision Name: Palmetto
  • Directions: From round-a-bout go north on Beachview Dr. approx 2 miles, property is on NE corner of Brice Lane and Beachview Drive
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1956
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1746.0

Exterior Features

  • View: Residential
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Block
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Metal

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Satilla Marsh
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease Amount Frequency: Annually
  • Land Lease Expiration Date: 2088-12-31
  • Land Lease: Yes
  • Lot Size Sq Ft: 15856.0
  • Parcel #: 06-00237
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 655.0
  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 2288.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 3, 2021
Sold by
Veal Properties Llc
Bought by
Blanc Cheryl Ann and Holdings Rev Tr
Seller's Agent
Skip Adamson
Seaside Realty, LLC
Buyer's Agent
LaDon Drury
Michael Harris Team
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Total Days on Market
55
Current Estimated Value
$791,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,555
Avg. Annual Appreciation
7.86%
Original Mortgage
$10,000,000
Outstanding Balance
$8,580,839
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$7,789,284

Purchase Details

Closed on
Aug 9, 2018
Sold by
Veal Jimmy D
Bought by
Veal Properties Llc

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
Blanc Cheryl Ann $600,000 --
Veal Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanc Cheryl Ann $10,000,000
Previous Owner Veal Jimmy D $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $600,000 -5.5% $344 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $635,000 -- $364 / 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 $3,751 $189,720 $65,440 $124,280
2023 $3,655 $189,720 $65,440 $124,280
2022 $3,086 $156,080 $65,440 $90,640
2021 $2,467 $119,680 $65,440 $54,240
2020 $2,288 $108,840 $65,440 $43,400
2019 $2,288 $108,840 $65,440 $43,400
2018 $2,416 $105,760 $65,440 $40,320
2017 $2,416 $105,760 $65,440 $40,320
2016 $2,170 $102,680 $65,440 $37,240
2015 $1,909 $102,680 $65,440 $37,240
2014 $1,909 $105,760 $65,440 $40,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1627439

Golden Isles Association of REALTORS®

APN: 06-00237