NOT LISTED FOR SALE

Estimated Value: $795,043

5 Beds
3 Baths
1,577 Sq Ft
$504/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $680,000 $431 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,832/month

71 Days on Market

Highlights

  • Beach
  • Private Lot
  • Picket Fence
  • Satilla Marsh Elementary School Rated A-
  • No HOA
  • Shed

About This Home

As of February 2022

Located on the gorgeous Jekyll Island, across the street from the beach access, this beautiful beach cottage is located on a large lot with a private backyard. Offering 5 bedrooms, 3 downstairs, 2 upstairs, 2 living areas and a bonus room for entertainment, wooded backyard and a nice outdoor area. This property could be a vacation home, primary residence or investment property and it's being sold fully furnished. Price to sell, fairly easy to show.

Last Listed By

Nadia Johnson

DeLoach Sotheby's International Realty License #370039 Listed on: 11/15/2021

DeLoach Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Picket Fence
  • Private Lot
  • Land Lease

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 06-00195

Community Details

Overview

  • No Home Owners Association
  • Palmetto Subdivision

Recreation

  • Beach
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,307

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: ,,,
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Palmetto
  • Directions: DRIVING ON BEACHVIEW, ACROSS THE STREET FROM DEXTER, ON THE WEST SIDE OF THE STREET.
  • Architectural Style: Cottage
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1961
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Fencing: Picket
  • Lot Features: Private
  • Pool Features: None
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Total Parking Spaces: 4.0

Condo/Co-op/Association

  • Community Features: Beach, Street Lights, Sidewalks, Trails/Paths
  • Association: No

Schools

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

Lot Info

  • Land Lease Expiration Date: 2088-12-31
  • Land Lease: Yes
  • Parcel #: 06-00195
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3306.87
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 25, 2022
Sold by
Meadows Paul B
Bought by
Gilbert Zachary and Gilbert Stephanie
Seller's Agent
Nadia Johnson
DeLoach Sotheby's International Realty
Buyer's Agent
Will Duckworth
Duckworth Properties BWK
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
Total Days on Market
71
Current Estimated Value
$795,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,043
Avg. Annual Appreciation
5.02%
Original Mortgage
$480,000
Outstanding Balance
$452,458
Interest Rate
3.92%
Mortgage Type
Cash
Estimated Equity
$342,585

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
Gilbert Zachary $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gilbert Zachary A $100,000
Open Gilbert Zachary $480,000
Previous Owner Meadows Paul B $361,500
Previous Owner Meadows Carolyn J $401,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $680,000 -9.2% $431 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $749,000 -- $475 / 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 $5,084 $257,160 $60,920 $196,240
2023 $4,954 $257,160 $60,920 $196,240
2022 $3,276 $165,720 $60,920 $104,800
2021 $3,242 $157,320 $60,920 $96,400
2020 $2,902 $138,040 $60,920 $77,120
2019 $2,902 $138,040 $60,920 $77,120
2018 $3,028 $132,520 $60,920 $71,600
2017 $3,028 $132,520 $60,920 $71,600
2016 $2,801 $132,520 $60,920 $71,600
2015 $2,814 $132,520 $60,920 $71,600
2014 $2,814 $132,520 $60,920 $71,600
Source: Public Records

Agents Affiliated with this Home

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Source: Golden Isles Association of REALTORS®

MLS Number: 1631128

Golden Isles Association of REALTORS®

APN: 06-00195