NOT LISTED FOR SALE

Estimated Value: $5,859,748 - $8,423,000

4 Beds
4.5 Baths
6,065 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $4,500,000 $742 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $42,941/month

730 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • 3 Car Garage
  • Oglethorpe Point Elementary School Rated A

About This Home

As of May 2016

Cottage 6, in the original enclave of Sea Island cottages, is perfectly positioned on the ocean at 35th Street, offering vistas unlike any other on the island. Noted Miami architect Barry Sugarman, along with local legend Lamar Webb, have created a stunning seaside residence. The entire home is custom, from the cast coral stone and Vermont slate exterior to the cherry wood paneling in the master study and everywhere in between – carrera marble, both glossy and variegated, throughout the home, black nero marquina marble in the great room and kitchen, lutron smart house technology and Miami-Dade County compliant full pane windows, even a commercial elevator. Far too many features to list, the best way to experience Cottage 6 is a full tour of this one-of-a-kind Sea Island cottage.

Last Agent to Sell the Property

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 04/11/2014

Last Buyer's Agent

Michael Banker

Banker Real Estate License #338485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,052

Year Built

  • Built in 2008

Lot Details

  • 0.26 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Block Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 6,065 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00205

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,052

Year Built

Built in 2008

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to East 35th street, turn right, home is on the ocean on the left.
  • Architectural Style: Gambrel/Barn
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6065.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: No
  • Construction Type: Block, Concrete, Stone
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 3.0

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 05-00205
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 10, 2016
Sold by
Greene Warren E
Bought by
Cottage 6 Llc
Seller's Agent
R. Don Lewis, Jr.
Sea Island Properties
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$7,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$3,450,000
-43.4%
Current Estimated Value
$6,727,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,227,583
Avg. Annual Appreciation
5.47%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cottage 6 Llc $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Warren E $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $4,500,000 -43.4% $742 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/11/2014 04/11/14 For Sale $7,950,000 -- $1,311 / 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 $76,052 $3,013,280 $1,305,600 $1,707,680
2023 $74,655 $3,013,280 $1,305,600 $1,707,680
2022 $50,107 $3,013,280 $1,305,600 $1,707,680
2021 $51,773 $1,980,360 $1,142,400 $837,960
2020 $47,971 $1,817,160 $979,200 $837,960
2019 $47,971 $1,817,160 $979,200 $837,960
2018 $47,971 $1,817,160 $979,200 $837,960
2017 $46,058 $1,744,520 $913,920 $830,600
2016 $19,574 $803,000 $750,720 $52,280
2015 $18,066 $737,720 $685,440 $52,280
2014 $18,066 $737,720 $685,440 $52,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1568314

Golden Isles Association of REALTORS®

APN: 05-00205