NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $3,258,117

2 Beds
3 Baths
1,853 Sq Ft
$1,604/mo HOA Fee

Last Sold May 16, 2017

Last sale price $625,000 $337 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $13,306/month

29 Days on Market

Highlights

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

About This Home

As of May 2017

Residence 12 is just steps from the beach on Sea Island. Deeded quarter ownership in this spacious 2BR, 3BA 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 two private patios onto lush sod landscaping off the living room and guest bedroom for a short walk to the beach. 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 full Sea Island Club and THIRDHOME memberships! THIRDHOME enables owners to vacation rent-free in over 8,000 luxurious private homes and resort properties

Last Agent to Sell the Property

Ellen McCaffrey

Al Brown Company License #130766 Listed on: 03/01/2017

Last Buyer's Agent

Ann Randel Masotti

Palmetto Realty Group License #361321

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $1,604 Monthly HOA Fees

Interior Spaces

  • 1,853 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

  • Spa
  • Property has ocean access
  • Docks
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-01198

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

$5,326

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,604 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: 1853.0
  • 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
  • Heating: Central, Electric
  • Heating Yn: 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: 1604.0
  • 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 #: 05-01198
  • Zoning Description: Condo,Multi-Family,Resort
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5326.27
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 16, 2017
Sold by
Sia Propco I Llc
Bought by
Wallace Mary B
Seller's Agent
Ellen McCaffrey
Al Brown Company
Buyer's Agent
Ann Randel Masotti
Palmetto Realty Group
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,996,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371,959
Avg. Annual Appreciation
9.20%

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:

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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
Wallace Mary B $625,000 --
Sia Propco I Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $625,000 0.0% $337 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/28/2017 03/28/17 Sold $625,000 0.0% $337 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $625,000 0.0% $337 / Sq Ft
12/15/2016 12/15/16 Sold $625,000 0.0% $337 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $625,000 -10.1% $337 / Sq Ft
03/02/2016 03/02/16 For Sale $695,000 -- $375 / 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 $8,076 $320,000 $0 $320,000
2023 $7,915 $320,000 $0 $320,000
2022 $6,088 $578,800 $0 $578,800
2021 $6,291 $241,200 $0 $241,200
2020 $6,351 $241,200 $0 $241,200
2019 $6,351 $241,200 $0 $241,200
2018 $6,351 $241,200 $0 $241,200
2017 $5,398 $241,200 $0 $241,200
2016 $5,326 $258,720 $0 $258,720
2015 $4,392 $238,800 $0 $238,800
2014 $4,392 $180,579 $0 $180,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1582841

Golden Isles Association of REALTORS®

APN: 05-01198