NOT LISTED FOR SALE

850 Mallery St Unit B-5 Saint Simons Island, GA 31522

Estimated Value: $489,000 - $531,302

3 Beds
2.5 Baths
1,400 Sq Ft
$327/mo HOA Fee

Last Sold April 21, 2017

Last sale price $257,200 $184 Per Sq Ft

58 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Pool
  • St. Simons Elementary School Rated A-
  • Clubhouse
  • 2-minute walk to Mallery Park

About This Home

As of April 2017

This renovated two story Ocean Walk townhouse-style unit has an updated kitchen, new windows, new doors, new floors, fresh paint and recently replaced (around 3 years old) refrigerator, dishwasher, HVAC and hot water heater. This unit overlooks lush plantings and has a very private patio. First floor has great room with large slider overlooking patio, dining room, laundry, kitchen, powder room. Upstairs is a master with private bath and 2 closets. Upstairs two additional bedrooms share a full bath. The complex has large duck pond, green spaces with large live oaks, 2 swimming pools (1 heated), tennis courts, clubhouse with gym, computer room with free wifi, and ample parking. Property is vacant and very easy to show. Ocean Walk is a hot rental area but also has full time residents as well.

Last Agent to Sell the Property

Michael Banker

Banker Real Estate License #338485 Listed on: 01/23/2017

Co-Listed By

Jennifer Banker

Banker Real Estate License #358057

Last Buyer's Agent

Michael Banker

Banker Real Estate License #338485 Listed on: 01/23/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 04-10811

Community Details

Overview

  • Association fees include management, flood insurance, insurance, ground maintenance, maintenance structure, pest control, recreation facilities, reserve fund, trash
  • Ocean Walk Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,534

Year Built

Built in 1975

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1152
  • Co List Office Phone: 912-638-1808
  • Subdivision Name: Ocean Walk Condos
  • Directions: From the Pier/Village travel north on Mallery Street for approximately 1/2 mile. You will see Ocean Walk Condos on your right. This unit is in the first building on your right as you turn into the complex.
  • Architectural Style: Saltbox
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Association
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1400.0
  • Stories: 2

Exterior Features

  • Lot Features: Landscaped, Pond on Lot
  • Pool Features: Association
  • Waterfront: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Paved

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 327.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Flood Insurance, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Reserve Fund, Trash

Lot Info

  • Parcel #: 04-10811
  • Zoning Description: Condo,Multi-Family

Rental Info

  • Lease Term: None

Tax Info

  • Tax Book Number: 2152/214

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Ham Ennis L
Bought by
Wiker Thomas J and Wiker Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$212,014
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$303,562

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 18, 2017
Sold by
Simpson William Tate
Bought by
Ham Ennis L and Ham Nancy H
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$289,900
Sold Price
$257,200
Premium/Discount to List
-$32,700
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$154,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Treadway Laura G
Bought by
Simpson William Tate and Simpson Theresa Mullins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wiker Thomas J $300,000 --
Ham Ennis L $257,200 --
Simpson William Tate $362,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiker Thomas J $240,000
Previous Owner Ham Ennis L $154,500
Previous Owner Simpson William Tate $289,600
Previous Owner Simpson William Tate $72,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $257,200 -11.3% $184 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $289,900 -- $207 / 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
2025 $4,534 $180,800 $0 $180,800
2024 $4,534 $180,800 $0 $180,800
2023 $3,706 $150,800 $0 $150,800
2022 $3,441 $137,200 $0 $137,200
2021 $2,793 $108,000 $0 $108,000
2020 $2,820 $108,000 $0 $108,000
2019 $2,632 $100,800 $0 $100,800
2018 $2,632 $100,800 $0 $100,800
2017 $2,559 $98,000 $0 $98,000
2016 $2,208 $92,000 $0 $92,000
2015 $1,969 $92,000 $0 $92,000
2014 $1,969 $81,720 $0 $81,720
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Banker

    Banker Real Estate

    (912) 638-1808

    79 in this area

    86 Total Sales

    Michael Banker
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jennifer Banker

    Banker Real Estate

    5 in this area

    5 Total Sales

    Jennifer Banker
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1581894

Golden Isles Association of REALTORS®

APN: 04-10811

Georgia Glynn County Saint Simons Island 31522

850 Mallery St Unit B-5, Saint Simons Island, GA

Not Listed for Sale

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