$527,000
SOLD OCT 4, 2024

98 Thompson Cove Saint Simons Island, GA 31522

0.21 Acre
$2,509,524 Price per Acre
9,148 Sq Ft Lot

Recently Sold

4% Below List Price

81 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Level Lot
  • St. Simons Elementary School Rated A-

About This Lot

As of October 2024

Location, Location, Location! This perfect buildable deep lot measuring 60X160 in desirable Thompson Cove is the ideal spot for your Dream Home and pool on the south end of the island. This extra deep building lot is ready to go, with all the necessary hook-ups for water, sewer, electric, telephone, and cable at the street! It's less than a mile away and only a few minutes from East Beach, offering a perfect balance of convenience and tranquility. Whether you prefer biking, walking, or a short golf-cart ride, you are just minutes away from the beach, shopping, restaurants, pubs, entertainment, art center, and bike path. And for the adventurous, kayaking near East Beach is a mere .05 mile away! With this lot, you can start building your dream home with confidence!

Last Agent to Sell the Property

Diana Fisher

Signature Properties Group Inc License #384306 Listed on: 06/01/2024

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,671

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Open Lot

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Thompson Cove Subdivision

Listing and Financial Details

  • Tax Lot 13-B

Property Details

Property Type

Land

Est. Annual Taxes

$1,671

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 04
  • Financing Type: Other
  • Lot Size Acres: .21
  • Property Sub-Type: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot: 13-B
  • Deed Book: 65E
  • Deed Page: 320

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1671

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Oct 4, 2024
Sold by
Thompson Richard N
Bought by
98 Thompson Cove Llc
Seller's Agent
Diana Fisher
Signature Properties Group Inc
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$549,000
Sold Price
$527,000
Premium/Discount to List
-$22,000
-4.01%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
405.80%
Original Mortgage
$934,900
Outstanding Balance
$927,809
Interest Rate
6.35%
Mortgage Type
Mortgage Modification
Estimated Equity
$908,191
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 Type Sale Price Title Company
Warranty Deed $527,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $934,900 Mortgage Modification
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,799,000 -2.8% $549 / Sq Ft
06/09/2025 06/09/25 For Sale $1,850,000 +251.0% $565 / Sq Ft
10/04/2024 10/04/24 Sold $527,000 -4.0% --
08/21/2024 08/21/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $549,000 -- --
Source: Georgia MLS

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 $1,705 $68,000 $68,000 $0
2023 $1,671 $68,000 $68,000 $0
2022 $853 $34,000 $34,000 $0
2021 $879 $34,000 $34,000 $0
2020 $987 $50,000 $50,000 $0
2019 $987 $37,800 $37,800 $0
2018 $987 $37,800 $37,800 $0
2017 $987 $37,800 $37,800 $0
2016 $907 $37,800 $37,800 $0
2015 $911 $37,800 $37,800 $0
2014 $911 $37,800 $37,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10310584

Georgia MLS

APN: 04-09313