NOT LISTED FOR SALE

Estimated Value: $1,449,000 - $3,165,668

2 Beds
3 Baths
2,102 Sq Ft
$1,621/mo HOA Fee

Last Sold November 19, 2015

Last sale price $925,000 $440 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $14,054/month

19 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 November 2015

DEEDED QUARTER OWNERSHIP in Residence 22, on the top-level corner of the Sinclair Building of The Cloister Ocean Residences on Sea Island. Ownership includes full Sea Island Club Membership and Chairman's Club membership in 3RD HOME. Fully-furnished two-bedroom oceanfront residence includes full kitchen, vaulted ceilings, 3 private balconies with ocean views. Gated oceanfront enclave amenities include oceanfront swimming pool pavilion with whirlpool and grilling area; Owners' Lounge; beach access with 5 miles of private Sea Island beach. Property management and hospitality services by Sea Island. Resort amenities incl: 54 holes of championship golf; Beach Club; Spa & Fitness; Yacht Club; Shooting School; Equestrian Ctr.; dining; childrens' programs. Optional Sea Island rental program.

Last Agent to Sell the Property

Randy Burgess

Burnett Properties License #360235 Listed on: 10/01/2015

Last Buyer's Agent

Nicole Thompson

BHHS Hodnett Cooper Real Estate LGV License #341257

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $1,621 Monthly HOA Fees

Interior Spaces

  • 2,102 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ocean Views
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • Paved Parking
  • Guest Parking

Outdoor Features

  • Spa
  • Property has ocean access
  • Docks

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-01237

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

$5,907

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,621 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: Marble, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Living Area: 2102.0
  • 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: Balcony
  • Patio And Porch Features: Balcony
  • 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: 1621.0
  • 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 #: 05-01237
  • Zoning Description: Condo,Multi-Family,Resort
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5906.63
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Sia Propco I Llc
Bought by
Murphy Michael Patrick and Murphy Kay
Current Estimated Value
$2,135,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$406,091
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,017,911

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
Murphy Michael Patrick $950,000 --
Sia Propco I Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael Patrick $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $925,000 0.0% $440 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $925,000 0.0% $440 / Sq Ft
07/30/2015 07/30/15 Sold $925,000 0.0% $440 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $925,000 -- $440 / 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 $7,673 $304,000 $0 $304,000
2023 $7,519 $304,000 $0 $304,000
2022 $6,522 $304,000 $0 $304,000
2021 $7,928 $304,000 $0 $304,000
2020 $7,856 $351,000 $0 $351,000
2019 $9,242 $351,000 $0 $351,000
2018 $9,242 $351,000 $0 $351,000
2017 $7,856 $351,000 $0 $351,000
2016 $6,935 $344,520 $0 $344,520
2015 $6,111 $286,320 $0 $286,320
2014 $6,111 $251,255 $0 $251,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1576328

Golden Isles Association of REALTORS®

APN: 05-01234