Owner
$444,982
850 MALLERY ST APT K3, SAINT SIMONS ISLAND, GA
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
2
baths
1
sq. ft.
1,092
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Living Area
2 Stories
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1972
Building Size
1,092 sq ft
Lot Size
0 sq ft
Lot Size (Acres)
—
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
04-10901
County
Glynn County, GA
Metro Area
Brunswick-St. Simons, GA
Zoning
PD
Neighborhood/Subdivision
S012-00
Lot Number
111
School District
Glynn County School District
Legal Description
3-K OCEAN WALK CONDO
Tax & Value Information
Market Value (Total)
$295,000
Building Value
$295,000
Land Value
$0
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$118,000
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
3/31/2022
Recording Date
4/1/2022
Sales Document #
2022.1554
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$17,218
Return on Investment
15.60%
After Repair Value
$489,480
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$400,484
Renovation Cost
$22,249
Closing Costs (buying)
$8,010
Holding Costs
$12,150
Selling Costs
$29,369
Total Investment
$110,356
After Repair Value (ARV)
$489,480
Total Costs
$472,262
Estimated Profit
$17,218
Cash Invested
$102,346
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area