NOT LISTED FOR SALE

Estimated Value: $1,274,000 - $1,588,674

2 Beds
3 Baths
2,134 Sq Ft
$1,795/mo HOA Fee

Last Sold November 28, 2017

Last sale price $710,000 $333 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,582/month

236 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Fitness Center
  • Oglethorpe Point Elementary School Rated A
  • Docks
  • Gated Community

About This Home

As of November 2017

Residence 10 is just steps from the beach on Sea Island. Deeded quarter ownership in this spacious 2BR, 3BA oceanfront residence offers you one week of pampered vacationing per month! Fully equipped and elegantly furnished with luxury hotel touches and finishes. Your family will love the generous rooms that can accommodate up to 10 persons. Step directly off three private patios onto lush sod landscaping off the living room and bedrooms for a short walk to the pool or beach. Adjacent to oceanfront infinity-edge swimming pool pavilion with grilling and picnic areas. Private, climate-controlled owner storage allows your golf clubs and beach toys to always be ready for you. The sensible way to own an oceanfront Sea Island home that comes with a full Sea Island Club membership.

Last Agent to Sell the Property

Nicole Thompson

BHHS Hodnett Cooper Real Estat License #341257 Listed on: 03/13/2017

Last Buyer's Agent

Nicole Thompson

BHHS Hodnett Cooper Real Estat License #341257 Listed on: 03/13/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,297

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $1,795 Monthly HOA Fees

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Ocean Views
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • Paved Parking
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Docks
  • Covered Patio or Porch

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-01190

Community Details

Overview

  • Association fees include management, flood insurance, gas, insurance, ground maintenance, maintenance structure, pest control, phone, recreation facilities, reserve fund, sewer, trash, water
  • Private Membership Available
  • Cloister Ocean Residences Subdivision

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,297

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,795 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Ownership: Fractional Ownership
  • Subdivision Name: Cloister Ocean Residences
  • Directions: Sea Island Road to Sea Island. Turn right off Sea Island Drive onto Dune Avenue to The Cloister Ocean Residences. Sales office on corner of Dune Avenue and Sea Island Drive.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Association
  • Appliances: Washer/Dryer Stacked, Dishwasher, Freezer, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Beamed Ceilings
  • Living Area: 2134.0
  • Stories: 1

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • Pool Features: Association
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Exterior Features: Covered Patio
  • Patio And Porch Features: Covered, Patio
  • Roof: Tile

Garage/Parking

  • Parking Features: Guest, Paved

Utilities

  • Laundry Features: Stacked
  • Security: Security System, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, Electricity Available, Water Available, Phone Available

Condo/Co-op/Association

  • Community Features: Handicap Access
  • Amenities: Beach Rights, Clubhouse, Dock, Elevator(s), Fitness Center, Golf Course, Gated, Gazebo, Barbecue, Picnic Area, Playground, Private Membership, Pool, Pets Allowed, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Cable TV
  • Association Fee: 1795.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Flood Insurance, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Other, Pest Control, Phone, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 05-01190
  • Zoning Description: Condo,Multi-Family,Resort

Tax Info

  • Tax Annual Amount: 6297.2
  • Tax Year: 2017

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Veazey Monty M
Bought by
Greenbrier Park Llc
Current Estimated Value
$1,409,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$329,851
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,079,818

Purchase Details

Listed on
Mar 13, 2017
Closed on
Oct 20, 2017
Sold by
Sia Propco I Llc
Bought by
Veazey Monty M and Veazey Patty S
Seller's Agent
Nicole Thompson
BHHS Hodnett Cooper Real Estat
Buyer's Agent
Nicole Thompson
BHHS Hodnett Cooper Real Estat
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Mar 18, 2014
Sold by
Sea Island Acquisition Llc
Bought by
Sia Propco I Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Greenbrier Park Llc $695,000 --
Veazey Monty M $725,000 --
Sia Propco I Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenbrier Park Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2017 11/28/17 Sold $710,000 -2.1% $333 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
10/20/2017 10/20/17 Sold $725,000 -3.3% $340 / Sq Ft View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $750,000 +3.4% $351 / Sq Ft
08/03/2016 08/03/16 For Sale $725,000 -- $340 / 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
2025 $16,557 $656,000 $0 $656,000
2024 $16,557 $656,000 $0 $656,000
2023 $14,316 $578,800 $0 $578,800
2022 $14,608 $578,800 $0 $578,800
2021 $7,302 $280,000 $0 $280,000
2020 $7,320 $278,000 $0 $278,000
2019 $7,372 $280,000 $0 $280,000
2018 $7,372 $280,000 $0 $280,000
2017 $6,267 $280,000 $0 $280,000
2016 $6,054 $294,080 $0 $294,080
2015 $3,980 $271,440 $0 $271,440
2014 $3,980 $163,670 $0 $163,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1582770

Golden Isles Association of REALTORS®

APN: 05-01192