NOT LISTED FOR SALE

1048 Captains Cove Way Saint Simons Island, GA 31522

Estimated Value: $623,481 - $658,000

5 Beds
3.5 Baths
2,456 Sq Ft
$261/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $610,000 $248 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,926/month

20 Days on Market

Highlights

  • New Construction
  • Community Lake
  • 2 Car Garage
  • Oglethorpe Point Elementary School Rated A

About This Home

As of October 2024

HUGE PRICE ADJUSTMENT! Best deal on a new home on the Island! LAKE FRONT NEW CONSTRUCTION! Flexible floor plan offering open Living area with vaulted ceiling & Fireplace, Kitchen with Island & Pantry, Dining area, half bath, laundry & Main Bedroom Suite on first floor. Upstairs you will find 4 Bedrooms (of which 1 would make a perfect office or play room) & 2 Baths. White Shaker cabinets with Quartz countertops throughout. Short distance to the public BOAT RAMP at Village Creek!

Last Agent to Sell the Property

Pam Timbes

The Alsonett Co. License #103134 Listed on: 08/14/2024

Last Buyer's Agent

Pam Timbes

The Alsonett Co. License #103134 Listed on: 08/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,098 Sq Ft Lot

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • 2,456 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Captain's Cove Subdivision
  • Community Lake

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-15375

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,026

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: ,,,
  • Subdivision Name: Captain's Cove
  • Directions: Frederica Road to N Harrington then turn right into Captains Cove. 1048 is down the road on right. Last house on right before curve in road.
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2024
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2456.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: Yes
  • Property Condition: New Construction

Garage/Parking

  • Garage Spaces: 2.0

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 650.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 04-15375
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 1, 2024
Sold by
Maritime Homes Llc
Bought by
Matthews James B
Seller's Agent
Pam Timbes
The Alsonett Co.
Buyer's Agent
Pam Timbes
The Alsonett Co.
List Price
$639,990
Sold Price
$610,000
Premium/Discount to List
-$29,990
-4.69%
Views
86
Current Estimated Value
$640,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,741
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Jan 13, 2021
Sold by
Mtg Of America Lenders Llc
Bought by
Towneclub Construction Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Matthews James B $610,000 --
Towneclub Construction Llc $4,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $610,000 -4.7% $248 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $639,990 +468.9% $261 / Sq Ft
08/08/2023 08/08/23 Sold $112,500 0.0% -- View Prior Sale
08/08/2023 08/08/23 Sold $112,500 -19.6% -- View Prior Sale
06/27/2023 06/27/23 Pending -- -- --
06/27/2023 06/27/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $139,900 0.0% --
05/25/2023 05/25/23 Price Changed $139,900 -22.2% --
05/08/2023 05/08/23 Price Changed $179,900 0.0% --
05/08/2023 05/08/23 For Sale $179,900 -10.0% --
04/20/2023 04/20/23 For Sale $199,900 -- --
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 $6,026 $240,280 $44,000 $196,280
2024 $1,103 $44,000 $44,000 $0
2023 $1,081 $44,000 $44,000 $0
2022 $1,003 $40,000 $40,000 $0
2021 $1,034 $40,000 $40,000 $0
2020 $1,044 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Timbes

    Seller's Agent in 2024

    Pam Timbes

    The Alsonett Co.

    (912) 222-6773

    171 in this area

    208 Total Sales

    Pam Timbes
    Section Image
  • LeAnn Duckworth

    Seller's Agent in 2023

    LeAnn Duckworth

    Duckworth Properties BWK

    (912) 266-7675

    140 in this area

    596 Total Sales

    LeAnn Duckworth
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1648396

Golden Isles Association of REALTORS®

APN: 04-15375

Georgia Glynn County Saint Simons Island 31522

1048 Captains Cove Way, Saint Simons Island, GA

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