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1008 Silver Oaks Lane

1008 Silver Oaks Lane, Saint Simons Island, GA 31522
Property in Glynn
Sold Feb 26, 2021
$502,590
$477,460 by Pennymac Loan Services
Mortgage Due Jan 01, 2051
Local assessors in Saint Simons Island, GA have categorized 1008 Silver Oaks Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1008 Silver Oaks Lane has a total of 2,548 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. The building has a hip style roof that was made of asphalt. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Feb 26, 2021 for $502,590. That's $197.25 per sqft. 1008 Silver Oaks Lane was last assessed in 2023. The total value of the property was assessed at $266,240. Specifically, the land the property is located on was valued at $32,000. While improvements on the property were assessed at a total of $234,240. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,217. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Style: Contemporary
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,548
  • Building Area: 2,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S024-00
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 SILVER OAKS

Ownership

  • Current Owner : MERCER ROY H
  • Current Owner 2: MERCER MARISSA A
  • Previous Owner : FLANAGAN DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Glynn County School District
  • Census Tract: 000301

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: S024-00
  • Parcel: 04-15262
  • Block: 25
  • Lot: 13
  • Municipality: ST SIMONS ISLAND
  • Latitude: 31.2057
  • Longitude: -81.3696

    Address

  • Full Address: 1008 Silver Oaks Ln
  • Address - House Number: 1008
  • Address - Street Name: Silver Oaks
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Saint Simons Island
  • Carrier Code: R023
  • 4-Digit Zip Code: 5458
  • Zip Code: 31522

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,217
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 964,047
  • High Value: 1,198,169
  • Low Value: 729,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $477,460
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $477,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $665,600
  • Market Land Value: $80,000
  • Market Improvement Value: $585,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,240
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $234,240

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11824192839
  • Current Sale Price: $502,590
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2021-000890

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $477,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About St. Simons



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Nearby Rentals

Unit for rent at 404 Fairway Villas, St Simons Island, GA, 31522

$2,400 /mo

  • 2 Beds
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404 Fairway Villas #404, St Simons Island, GA, 31522 Listing by Renae Kirk

Frequently Asked Questions

What neighborhood is 1008 Silver Oaks Lane located in?
The 1008 Silver Oaks Lane is a located in the neighborhood of Glynn in St. Simons, Saint Simons Island.
What is the average sales price for listings in 1008 Silver Oaks Lane?
The average sales price for units in 1008 Silver Oaks Lane is $0 currently.

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