NOT LISTED FOR SALE

850 Mallery St Unit E8 Saint Simons Island, GA 31522

Estimated Value: $410,000 - $484,000

2 Beds
2 Baths
920 Sq Ft
$354/mo HOA Fee

Last Sold April 07, 2023

Last sale price $446,300 $485 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,307/month

1 Day on Market

Highlights

  • Heated Pool
  • Deck
  • Cooling Available
  • St. Simons Elementary School Rated A-
  • Covered patio or porch
  • 3-minute walk to Mallery Park

About This Home

As of April 2023

Desirable FULLY FURNISHED renovated end unit with new flooring, renovated kitchen, updated appliances, and renovated baths. Great quality renovation in The Ocean Walk complex. Special turnkey investment property, second home or nice place to live in the village. Ocean Walk has great amenities. There are two pools (one heated) and tennis/pickleball courts. Scenic lake with ducks, playground, clubhouse with workout room, two laundry facilities, and much more! The Ocean Walk has a great location where you can walk or bike to the Village or the beach. This complex is a great location for investment; these units have good short-term rental income.

Last Agent to Sell the Property

Michael Banker

Banker Real Estate License #338485 Listed on: 03/09/2023

Last Buyer's Agent

Jessica Spearman

eXp Realty, LLC License #427112

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1972

Lot Details

  • No Unit Above or Below
  • 1 Common Wall

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • 920 Sq Ft Home
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Ocean Walk Condominium Association
  • Ocean Walk Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-10844

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,709

Year Built

Built in 1972

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Inclusions: Refrigerator
  • Ownership: Condo
  • Subdivision Name: Ocean Walk Condos
  • Directions: From the Pier Village, drive North on Mallery Street. Ocean Walk Complex will be on your right. Turn left before you get to the clubhouse. E building is on the left.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1972
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Other
  • Living Area: 920.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Heated, Pool
  • Disclosures: Covenants/Restrictions Disclosure, Owner Is Listing Agent
  • Common Walls: 1 Common Wall, No One Above
  • Exterior Features: Deck
  • Patio And Porch Features: Covered, Deck
  • Roof: Asphalt

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee: 354.0
  • Association #2 Fee Frequency: Monthly
  • Association: Ocean Walk Condominium

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-10844
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 2709.0
  • Tax Book Number: 4317 / 164
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 7, 2023
Sold by
Lto Investments Llc
Bought by
Obenshain Michael and Culp Shelley
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Jessica Spearman
eXp Realty, LLC
List Price
$449,500
Sold Price
$446,300
Premium/Discount to List
-$3,200
-0.71%
Views
32
Current Estimated Value
$478,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,212
Avg. Annual Appreciation
-2.40%
Original Mortgage
$359,200
Outstanding Balance
$351,248
Interest Rate
6.73%
Mortgage Type
Mortgage Modification
Estimated Equity
$70,564

Purchase Details

Listed on
Oct 20, 2020
Closed on
Oct 30, 2020
Sold by
Fratella Raymond W
Bought by
Lto Investments Llc
Seller's Agent
Stacey Drury
eXp Realty, LLC
Buyer's Agent
Lester Odachowski
The Hawthorne Agency Inc
List Price
$274,500
Sold Price
$262,500
Premium/Discount to List
-$12,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.30%

Purchase Details

Closed on
Apr 24, 2017
Sold by
Horton Wasley Stephen
Bought by
Fratella Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 24, 2015
Sold by
Sanders Janney
Bought by
Horton Wesley
Buyer's Agent
Kay Power
Keller Williams Realty Golden Isles
List Price
$215,000
Sold Price
$160,000
Premium/Discount to List
-$55,000
-25.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$139,096
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

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
Obenshain Michael $446,300 --
Lto Investments Llc $262,500 --
Fratella Raymond W $195,000 --
Horton Wesley $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obenshain Michael $359,200
Previous Owner Fratella Raymond W $156,000
Previous Owner Horton Wesley $139,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $446,300 -0.7% $485 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $449,500 +71.2% $489 / Sq Ft
10/30/2020 10/30/20 Sold $262,500 -4.4% $276 / Sq Ft
10/20/2020 10/20/20 For Sale $274,500 +71.6% $289 / Sq Ft
04/24/2015 04/24/15 Sold $160,000 -25.6% $164 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
01/10/2012 01/10/12 For Sale $215,000 -- $221 / 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 $3,732 $148,800 $0 $148,800
2023 $3,047 $124,000 $0 $124,000
2022 $2,709 $108,000 $0 $108,000
2021 $2,483 $96,000 $0 $96,000
2020 $2,507 $96,000 $0 $96,000
2019 $2,319 $88,800 $0 $88,800
2018 $2,037 $78,000 $0 $78,000
2017 $2,037 $78,000 $0 $78,000
2016 $1,536 $64,000 $0 $64,000
2015 -- $66,000 $0 $66,000
2014 -- $66,000 $0 $66,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Banker

    Banker Real Estate

    (912) 638-1808

    103 in this area

    111 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jessica Spearman

    eXp Realty, LLC

    Section Image

  • S

    Seller's Agent in 2020

    Stacey Drury

    eXp Realty, LLC

    Section Image

  • L

    Buyer's Agent in 2020

    Lester Odachowski

    The Hawthorne Agency Inc

    (912) 269-1010

    8 in this area

    8 Total Sales

    Section Image
  • Kay Power

    Buyer's Agent in 2015

    Kay Power

    Keller Williams Realty Golden Isles

    (912) 222-0823

    3 in this area

    116 Total Sales

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1638794

Golden Isles Association of REALTORS®

APN: 04-10844

Georgia Glynn County Saint Simons Island 31522

850 Mallery St Unit E8, Saint Simons Island, GA

This home is located at 850 Mallery St Unit E8, Saint Simons Island, GA 31522 since 09 March 2023 and is currently estimated at $459,426, approximately $499 per square foot. This property was built in 1972. 850 Mallery St Unit E8 is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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