NOT LISTED FOR SALE

Estimated Value: $2,620,609 - $3,246,000

3 Beds
3 Baths
3,000 Sq Ft
$967/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $1,600,000 $533 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $18,845/month

62 Days on Market

Highlights

  • Ocean View
  • Spa
  • Waterfront
  • St. Simons Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of March 2013

The 2003 Coastal Living Idea House is offered for sale on St. Simons Island's most spectacular ocean front home site. The lower level features two fabulous guest suites, and a state of the art kitchen with butler's pantry. This is the ultimate beach cottage for entertaining with a great room that opens up on three sides to a huge wraparound deck overlooking St. Simons' best beach. The property is connected by a short boardwalk to the fabulous Coast Cottages pool and pavilion facility. For those who must have the very best, this is arguably St. Simons most valuable ocean front home. This property is being sold “As Is”.

Last Agent to Sell the Property

Guerry Norwood

BHHS Hodnett Cooper Real Estate License #259249 Listed on: 01/04/2013

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Janice Morgan

Signature Properties Group Inc. License #345003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,828

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Property fronts a freeway
  • Landscaped
  • Sprinkler System
  • Zoning described as Res Single

HOA Fees

  • $986 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Metal Roof
  • Composite Building Materials

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Double Pane Windows
  • Screened Porch
  • Wood Flooring
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Spa
  • Deck
  • Open Patio

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 04-11802

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, reserve fund, trash
  • Coast Cottages Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Gazebo
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,828

Year Built

Built in 2003

Lot Details

0

HOA Fees

$986 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Frontage Type: County Road, Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Coast Cottages
  • Directions: East Beach Causeway to Wood Ave. Turn Right and the second Left will be Sea Oats Lane. Enter Gate and house is the very end on the cul de sac.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Windows
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Spa Features: Association
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Crown Molding
  • Living Area: 3000.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Flood Zone, Subdivision, Landscaped
  • Pool Features: Association
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Composite Siding
  • Exterior Features: Covered Patio, Storm/Security Shutters, Sprinkler/Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Covered, Deck, Open, Patio, Porch, Screened
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Amenities: Beach Rights, Gated, Gazebo, Pool, Spa/Hot Tub
  • Association Fee: 5913.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Reserve Fund, Trash

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-11802
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Schermerhorn Kate A
Bought by
Lowe Robin C and Lowe Archibald F
Current Estimated Value
$2,899,652

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 26, 2013
Sold by
Merrill Lynch Cr Corp
Bought by
Schermerhorn Kate A
Seller's Agent
Guerry Norwood
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Janice Morgan
Signature Properties Group Inc.
List Price
$1,749,000
Sold Price
$1,600,000
Premium/Discount to List
-$149,000
-8.52%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Hamby Denval
Bought by
Merrill Lynch Credit Corporation
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lowe Robin C $1,750,000 --
Schermerhorn Kate A $1,600,000 --
Merrill Lynch Credit Corporation $1,970,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $1,600,000 -8.5% $533 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $1,749,000 -- $583 / Sq Ft
Source: Golden Isles Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,828 $1,189,360 $649,440 $539,920
2023 $23,070 $933,720 $649,440 $284,280
2022 $23,542 $933,720 $649,440 $284,280
2021 $18,202 $699,040 $422,120 $276,920
2020 $16,812 $639,120 $422,120 $217,000
2019 $16,812 $639,120 $422,120 $217,000
2018 $16,812 $639,120 $422,120 $217,000
2017 $16,817 $639,280 $422,120 $217,160
2016 $15,472 $639,440 $422,120 $217,320
2015 $15,547 $639,920 $422,120 $217,800
2014 $15,547 $639,920 $422,120 $217,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1561808

Golden Isles Association of REALTORS®

APN: 04-11802