tomo logo

$370,000

Beds
2
Baths
2.0
sq ft
1,166

1704 Frederica Rd Unit 428, Saint Simons Island, GA 31522

1704 Frederica Rd Unit 428

St. Simons, GA 31522

  • 62 days on market
Experience effortless island living in this elegant 2-bedroom, 2-bathroom condo in the highly sought-after Barnes Plantation. Located in the heart of mid-south St. Simons, this second-floor retreat offers the perfect blend of convenience and tranquility. The open kitchen features a breakfast bar and pantry, creating an inviting space for casual dining and entertaining. Enjoy resort-style amenities, including a heated swimming pool, a beautifully appointed clubhouse, a state-of-the-art fitness center, and a business center-all within this professionally managed, gated community. Just steps from charming shops, fine dining, and local landmarks, this coastal haven embodies sophistication and ease.Take a virtual tour today https://my.matterport.com/show/?m=NPkWHKus2hQ

Details

Property type

Condominium

Est. home value

$372,016

Lot size

Unknown

Price per sq ft

$318

Year built

1999

Annual property taxes

$3,509.17

Monthly HOA fee

$304

Price History

03/03/2025
GeorgiaMLS

GeorgiaMLS #10450954

Price change
$370,000
+3.06%
03/02/2025
GeorgiaMLS

GeorgiaMLS #10450954

Removed
$359,000
02/01/2025
GeorgiaMLS

GeorgiaMLS #10450954

Listed
$359,000

Schools & Community

Elementary school: 

Oglethorpe Point

Middle school: 

Glynn

High school: 

Glynn Academy

Community features: 

Fitness Center, Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$280,709
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$59,691
Cash to seller
$280,709

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Silverton Mortgage Specialists

Loan start date

June 2013

Original loan amount

$82,500

Est. remaining balance

$59,691

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

David R Olson and Joanne M Olson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 11:45 PM

Listing updated: 03/06/2025 at 1:09 AM

Listed by: Brian Watson, BHHS Hodnett Cooper RE

MLS: GeorgiaMLS #10450954

GeorgiaMLS logo