Seller's Agent in 2015
Patrick Dunn
Sea Island Properties
(912) 638-5838
146 in this area
217 Total Sales
106 E 12th St Sea Island, GA 31561
Sea Island NeighborhoodEstimated Value: $5,146,000 - $7,349,987
8
Beds
8
Baths
6,500
Sq Ft
$1,006/Sq Ft
Est. Value
Highlights
- Ocean View
- Great Room with Fireplace
- No HOA
- Oglethorpe Point Elementary School Rated A
- Wood Flooring
- Hurricane or Storm Shutters
About This Home
As of December 2015Cottage 59, a newly renovated Mizner style cottage, is within minutes from the Five Star Cloister Hotel, Beach Club and Spa. The home is situated on a half acre ocean front lot and is perfect for individual or multiple families. The open floor plan provides great entertaining spaces with two large family rooms, two dining areas, sun/game room, eight bedrooms, eight baths, 6500 square feet, a master suite with panoramic views of the ocean, pool house with guest suite and a large heated swimming pool. Over 180 feet of ocean frontage on one of the nicest sections of beach on Sea Island. Lot size is 187' x 180'. Click here to view Drone Aerial video. http://www.youtube.com/watch?v=dg6APo410Pc
Last Agent to Sell the Property
Sea Island Properties License #295702 Listed on: 03/11/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $88,352
Year Built
- Built in 1932
Lot Details
- 0.75
Parking
- 2 Car Garage
Home Design
- Slab Foundation
- Fire Rated Drywall
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 6,500 Sq Ft Home
- 2-Story Property
- Woodwork
- Great Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Ocean Views
- Hurricane or Storm Shutters
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Schools
- Glynn Middle School
- Glynn Academy High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Underground Utilities
Additional Features
- Open Patio
- 0.75 Acre Lot
Community Details
- No Home Owners Association
- Sea Island Ex1 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2014
Closed on
Dec 10, 2015
Sold by
Wgs Properties Llc
Bought by
Holder C 59 Llc
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$7,950,000
Sold Price
$7,450,000
Premium/Discount to List
-$500,000
-6.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$913,004
Avg. Annual Appreciation
-1.40%
Purchase Details
Closed on
Dec 31, 2011
Sold by
Wright Fam Trust
Bought by
Wgs Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 1, 2010
Sold by
Lambert Shea R
Bought by
Gerald & Dorothy Wright Family Trust
Purchase Details
Closed on
Jan 15, 2010
Sold by
Wright L G
Bought by
Gardner Grady G
Purchase Details
Closed on
Nov 25, 2009
Sold by
Wright L G
Bought by
Sloan Andrew B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holder C 59 Llc | $7,450,000 | -- | |
| Wgs Properties Llc | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Gardner Grady G | -- | -- | |
| Lambert Shea R | -- | -- | |
| Sloan Andrew B | -- | -- | |
| Brandon Albin H | -- | -- | |
| Burke Justin P | -- | -- | |
| Wright Judy G | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- | |
| Sloan Andrew B | -- | -- | |
| Brandon Albin R | -- | -- | |
| Burke Justin P | -- | -- | |
| Lambert Shea R | -- | -- | |
| Gardner Grady G | -- | -- | |
| Wright Judy G | -- | -- | |
| Gerald & Dorothy Wright Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wright L G | $450,000 | |
| Previous Owner | Wright Leonard Gerald | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2015 12/10/15 | Sold | $7,450,000 | -6.3% | $1,146 / Sq Ft |
| 11/10/2015 11/10/15 | Pending | -- | -- | -- |
| 03/11/2014 03/11/14 | For Sale | $7,950,000 | -- | $1,223 / Sq Ft |
Source: Golden Isles Association of REALTORS®
Tax History Compared to Growth
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 | $88,352 | $3,500,600 | $2,380,408 | $1,120,192 |
| 2023 | $86,709 | $3,500,600 | $2,385,000 | $1,115,600 |
| 2022 | $88,477 | $3,500,600 | $2,385,000 | $1,115,600 |
| 2021 | $77,726 | $3,500,600 | $2,385,000 | $1,115,600 |
| 2020 | $92,296 | $3,500,600 | $2,385,000 | $1,115,600 |
| 2019 | $78,470 | $3,500,600 | $2,385,000 | $1,115,600 |
| 2018 | $62,963 | $4,589,520 | $2,385,000 | $2,204,520 |
| 2017 | $62,963 | $2,386,560 | $2,226,000 | $160,560 |
| 2016 | $42,178 | $2,590,760 | $1,828,520 | $762,240 |
| 2015 | $26,090 | $1,736,280 | $1,332,680 | $403,600 |
| 2014 | $26,090 | $1,736,280 | $1,332,680 | $403,600 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Dunn
Map
Source: Golden Isles Association of REALTORS®
MLS Number: 1567848
APN: 05-00446
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