5 Bedroom, 5.5 Bathroom Single Family St. Simons Island Real Estate For Sale

Those looking for a great new piece of St. Simons Island real estate will find this months upscale listing special. The home itself carries a $1,899,000 asking price but what the home offers makes the price extremely fair. This 5 bedroom, 5 and a half bathroom single family home offers plenty of living space comprised of 4535 square feet. This means that even very large families will have more than enough room to move about comfortably without invading anybody's space. Every bedroom is spacious too making it possible to spend ample time in any of the homes rooms for long periods of time without discomfort.

This home is perfect for a First Time Home Buyer or Investor.

This home was custom built by Ernie Tuten in 2006 and was built to impress. The home has some of the most luxurious counter tops, flooring, appliances as well as fixtures that money can buy. These things not only add tremendous value to the home but make it impressive to both residents and visitors. This home also has a walk-in attic, over sized 2 car garage, and even application rights to a full Sea Island Membership! This St. Simons Island real estate home has it all!

Listing Details:

• Price: $1,899,000
• Property Type: Single Family
• MLS Number: 532956
• Year Built: 2006
• Square Feet: 4535
• Bedrooms: 5
• Bathrooms: 5.5
• Lot Size: .55
• Garage: 2
• Stories: 1
• Contact Dana Gardner (912) 638-7138
  
  

If you'd like to see this home or have questions about it, please contact Dana Gardner for assistance. You may also visit her St. Simons Island real estate to view a complete list of homes for sale in St. Simons Island.

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Dana Gardner

(912) 638-7138

St. Simons Island Real Estate Specialist

Buying A Home?? Start By Filling Out This Dream Home Finder

Selling A Home?? Find Out How Much Your Home is Worth For FREE!

Top 5 Home Improvements based on cost & return on investment Read more...

According to the HomeGain survey, the top five home improvements that Realtors recommend to home sellers based on cost and return on investment (from highest to lowest ROI) are:

1. Cleaning and de-cluttering ($200 cost / $1,700 price increase / 872% ROI)
2. Home staging ($300 cost / $1,780 price increase / 586% ROI)
3. Lightening and brightening ($230 cost / $1,300 price increase / 572% ROI)
4. Landscaping ($320 cost / $1,500 price increase / 473% ROI)
5. Repairing plumbing ($385 cost / $1,250 price increase / 327% ROI)

Dana Gardner

(912) 638-7138

St. Simons Island Real Estate Specialist

Buying A Home?? Start By Filling Out This Dream Home Finder

Selling A Home?? Find Out How Much Your Home is Worth For FREE!

Helpful Tips on the New Tax Credit Program for Homebuyers

Tax Credits for Homebuyers

First-Time Homebuyers: First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.

Current Owners: The tax credit program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years. Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.

Deadlines
In order to qualify for the credit, all contracts need to be in effect no later than April 30, 2010 and close no later than June 30, 2010.

Tax Credit Versus Tax Deduction
It’s important to remember that the tax credit is just that… a tax credit. The benefit of a tax credit is that it’s a dollar-for-dollar tax reduction, rather than a reduction in a tax liability that would only save you $1,000 to $1,500 when all was said and done. So, if a first-time homebuyer were to owe $8,000 in income taxes and would qualify for a tax credit of $8,000, she would owe nothing.
Better still, the tax credit is refundable, which means the homebuyer can receive a check for the credit if he or she has little income tax liability. For example, if a first-time homebuyer is eligible for a tax credit of $8,000 but is liable for $4,000 in income tax, she can still receive a check for the remaining $4,000!

Higher Income Caps
The amount of income someone can earn and qualify for the full amount of the credit has been increased. Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible
Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.

Maximum Purchase Price
Qualifying buyers may purchase a property with a maximum sale price of $800,000.

Dana Gardner

(912) 638-7138

St. Simons Island Real Estate Specialist

Buying A Home?? Start By Filling Out This Dream Home Finder

Selling A Home?? Find Out How Much Your Home is Worth For FREE!