13 days on rocket

516 Palmetto St, Saint Simons Island, GA, 31522

$405,000

Home List Price

$4,809*

Closing Credit

2 Bedrooms
2 Full Baths
848 SqFt
$478/SqFt
House

Location

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516 Palmetto St, Saint Simons Island$405,000

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2018
HeatingElectric, Heat Pump
CoolingCeiling Fan(s), Electric, Heat Pump
MLS #1649932
Lot Size0.06 Acres
StatusActive

About 516 Palmetto St

This adorable home fits the bill for those who want a small, minimum maintenance, but upgraded property that is not encumbered by HOA dues and regulations. Built in 2018, this 2 BR, 2 BA home features granite counter tops, tile backsplash, stainless appliances, wide plank engineered flooring, trayed ceilings and split BR floor plan. Each bedroom has a walk-in closet. The primary bedroom has an attractive bath with double vanity and spacious shower. The guest bedroom has easy access to the guest bath. There is a stack washer/dryer located in a closet in the hallway. Side patio expands entertaining outdoors, secluded by privacy fence around sides and rear of house. Currently tenant occupied, this property currently tenant occupied and is being sold fully furnished with a few exclusions. Tenants will vacate prior to closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 2018
  • Stories: 1
  • Living Area: 848 SqFt

Listing Office:

  • Office Name: Signature Properties Group Inc.
  • Office Phone: (912) 634-9995
  • Listing Agent: Joan Lewis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Range Hood
  • Flooring Type: Wood
  • Interior: Coffered Ceiling(s), Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wood Fence, Fence, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 516 Palmetto St
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Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Electric, Heat Pump

Other

Directions Information:

  • Directions: Frederica road north to Palmetto Street - turn left on to Palmetto, 516 is on the right past the intersection of Palmetto and 5th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000
  • Price Per SqFt: $478/SqFt
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Housing Market Comparison

See how this home compares to others in Saint Simons Island, GA.

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Saint Simons Island, GA

City

Med. Sold Price

$755K

Med. Price/SqFt

$338

Avg. Days On Market

68

# of Sold Homes

4

516 Palmetto St vs Saint Simons Island

13 DAYS ON ROCKET

-55 Days

$405,000

-$350K Less

$478/SqFt

+$140 More

KEY TAKEAWAY

This property is $350K less than the Median Sold Price and $140/SqFt more than other homes in Saint Simons Island, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: GoldenIsles
  • MLS Number: #1649932

Listing Office:

  • Office Name: Signature Properties Group Inc.
  • Office Phone: (912) 634-9995
  • Listing Agent: Joan Lewis

Based on information from the Golden Isles Multiple Listing Service, Inc. This information is believed to be accurate, but without any warranty. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Golden Isles Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 9:16:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-230129
8
/10

  • Oglethorpe Point Elementary School

  • 6200 Frederica Rd

  • 2.10 miles

  • Public District Grades PK-5

school-card-donut-230130
7
/10

  • St. Simons Elementary School

  • 805 Ocean Blvd

  • 3.61 miles

  • Public District Grades PK-5

school-card-donut-230131
2
/10

  • Goodyear Elementary School

  • 3000 Roxboro Rd

  • 5.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,296. The most common annual income of people living in Saint Simons Island, GA is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Palmetto St

What is the listing price of this property?

The listing price of 516 Palmetto St property is $405,000.

What type of property is this?

The property 516 Palmetto St is a house located in Saint Simons Island, Georgia, 31522.

Is this property for sale now?

Active Listing: 516 Palmetto St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 516 Palmetto St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Palmetto St is 848 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Palmetto St is 2018.

Rocket Homes›Georgia›Glynn County›Saint Simons Island›31522›516 Palmetto St

This home is located at 516 Palmetto St in Saint Simons Island, GA and zip code 31522. This 848 square foot home, which was built in 2018, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $405,000.

In November 2024, from all listings sold in Saint Simons Island, GA there were more than 1 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. The number of listings in Saint Simons Island, GA decreased by 1.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $755,000, while the average time on the real estate market was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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