NOT LISTED FOR SALE

850 Mallery St Unit W12 Saint Simons Island, GA 31522

Estimated Value: $394,079 - $461,000

2 Beds
2 Baths
950 Sq Ft
$303/mo HOA Fee

Last Sold April 02, 2021

Last sale price $257,500 $271 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,869/month

26 Days on Market

Highlights

  • Home fronts a pond
  • 16 Acre Lot
  • Deck
  • St. Simons Elementary School Rated A-
  • Clubhouse
  • 3-minute walk to Mallery Park

About This Home

As of April 2021

W12 is overlooking the stocked lake, very desirable location. Owner has opened up the kitchen but most of condo is in original condition, clean and maintained well. This condo has only been used about 60 days per year since purchased in 1999!

Last Agent to Sell the Property

Theresa Taylor

American Dream SSI, Inc. License #254983 Listed on: 02/04/2021

Last Buyer's Agent

Theresa Taylor

American Dream SSI, Inc. License #254983 Listed on: 02/04/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1975

Lot Details

  • Home fronts a pond
  • Landscaped

HOA Fees

  • $303 Monthly HOA Fees

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Home Security System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-11026

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 21 Buildings
  • Ocean Walk Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,507

Year Built

Built in 1975

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 16.0
  • Lot Size: ,,,
  • Subdivision Name: Ocean Walk Condos
  • Directions: Heading away from pier Ocean Walk, 850 Mallery Street is on your right.
  • Building Name: W
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Number Of Buildings: 21
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 950.0
  • Stories: 2
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Landscaped, Pond
  • Pool Features: Association
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Patio And Porch Features: Deck

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Handicap Access
  • Amenities: Clubhouse, Laundry, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Recreation Facilities, Tennis Court(s)
  • Association Fee: 303.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 04-11026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2507.0
  • Tax Book Number: 554 14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 29, 2021
Sold by
Stuart Ruth N
Bought by
Emerick Geri L
Seller's Agent
Theresa Taylor
American Dream SSI, Inc.
Buyer's Agent
Theresa Taylor
American Dream SSI, Inc.
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%
Current Estimated Value
$413,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,270
Avg. Annual Appreciation
11.03%
Original Mortgage
$206,000
Outstanding Balance
$188,526
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$219,160
Source: Public Records

Range of Values:

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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
Emerick Geri L $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerick Geri L $206,000
Closed Emerick Geri L $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $257,500 -2.8% $271 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $265,000 -- $279 / 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 $2,583 $103,000 $0 $103,000
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 $2,319 $88,800 $0 $88,800
2017 $2,037 $78,000 $0 $78,000
2016 $1,584 $66,000 $0 $66,000
2015 $1,740 $72,200 $0 $72,200
2014 $1,740 $72,200 $0 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1624154

Golden Isles Association of REALTORS®

APN: 04-11026