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225 Olive Way

225 Olive Way, Saint Simons Island, GA 31522
House in Glynn
Sold Dec 10, 2021
$1,499,000
$1,199,200 by United Wholesale
Mortgage Due Jan 01, 2052
Sold Jun 25, 2020
$1,110,000
$700,000 by Persons Banking
Mortgage Due Jan 01, 2027
225 Olive Way in Saint Simons Island, GA was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 225 Olive Way has 1,912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 220 sqft. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 225 Olive Way sold most recently in Dec 10, 2021 for a total of $1,499,000. If you work out the math, that's approximately a cost of $784.00 per sqft. Before that, the property was also sold for $1,110,000 in Jun 25, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,275 in taxes each year. 225 Olive Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $575,800. If we break it down further, the land itself was valued at $260,000. Improvements to the property, however, were assessed at a total of $315,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,912
  • Gross Building Area: 1,912
  • Building Area: 1,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERMARK SUBD
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 WATERMARK SUBD

Ownership

  • Current Owner : RUSSELL TYLER
  • Current Owner 2: RUSSELL CHRISTINE
  • Previous Owner : BELL PAMELA T
  • Owner Before Previous Owner: ANDERSON JOHN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Glynn County School District
  • Census Tract: 000101

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: S005-00
  • Parcel: 04-08378
  • Block: 17
  • Lot: 2
  • Municipality: ST SIMONS ISLAND
  • Latitude: 31.1444
  • Longitude: -81.3747

    Address

  • Full Address: 225 Olive Way
  • Address - House Number: 225
  • Address - Street Name: Olive
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Saint Simons Island
  • Carrier Code: C024
  • 4-Digit Zip Code: 3811
  • Zip Code: 31522

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,275
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 1,814,534
  • High Value: 2,234,828
  • Low Value: 1,394,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,199,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $1,199,200
  • 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, 2052

    Market Valuation

  • Market Total Value: $1,439,500
  • Market Land Value: $650,000
  • Market Improvement Value: $789,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,800
  • Assessed Land Value: $260,000
  • Assessed Improvements Value: $315,800

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11874593293
  • Current Sale Price: $1,499,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-006473
  • Previous Sale Recording Date: Jun 25, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $1,110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $1,199,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PERSONS BANKING
  • Previous Mortgage Transaction Date: Jun 25, 2020
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 78
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2027

About St. Simons



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Frequently Asked Questions

What neighborhood is 225 Olive Way located in?
The 225 Olive Way is a house located in the neighborhood of Glynn in St. Simons, Saint Simons Island.
What is the average sales price for listings in 225 Olive Way?
The average sales price for units in 225 Olive Way is $0 currently.

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