NOT LISTED FOR SALE

Estimated Value: $5,345,000 - $7,779,000

5 Beds
6 Baths
5,466 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $5,500,000 $1,006 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $44,334/month

314 Days on Market

Highlights

  • Ocean View
  • Oglethorpe Point Elementary School Rated A
  • No HOA

About This Home

As of December 2017

Cottage 400 was designed by famed architect Frank McCall. This magnificent oceanfront cottage offersvast views of the ocean and is conveniently located on 16th Street. With five bedrooms and six baths, thistwo story home offers plenty of room for guests and family. The downstairs master suite, as well as thelarge family room, enjoy views of the ocean. A pool and upper deck overlook the large backyard, oceanand beach. The cottage has a beautiful Ludowici tile roof and a heart pine paneled library. The tranquilocean setting and living areas make this home one of the finest on the island.

Last Listed By

Brin Meredith

Sea Island Properties License #171868 Listed on: 12/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,798

Year Built

  • Built in 1981

Lot Details

  • 0.74 Acre Lot

Interior Spaces

  • 5,466 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Community Details

  • No Home Owners Association
  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00273

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,798

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to 16th Street, turn right - on your right on the beach.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 5466.0

Exterior Features

  • Lot Features: Flood Zone
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 05-00273
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Dec 6, 2017
Sold by
Mccook Thomas Harlan
Bought by
16Th Street Property Partners
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
Linton West
Sea Island Properties
List Price
$6,495,000
Sold Price
$5,500,000
Premium/Discount to List
-$995,000
-15.32%
Total Days on Market
314
Current Estimated Value
$6,719,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,769

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

Similar Homes in Sea Island, GA

  • 1704 Sea Island Dr, Sea Island, GA 31561

    $6,940,000

    • 6 Beds
    • 6.5 Baths
    • 5,493 Sq Ft
    • 1704 Sea Island Dr
    • Sea Island, GA

    The epitome of luxury living on Sea Island, introducing Cottage 232, nestled between 17th and 18th St., is freshly remodeled, one block from the beach on Sea Island Dr., and this house is sold furnished. Light and bright - open concept with a large kitchen this coveted address offers proximity to the ocean and the amenities of the Cloister at the Sea Island Beach Club. Freshly remodeled, boasts

    Patrick Dunn Sea Island Properties

    Section Image
  • 220 9th St, Sea Island, GA 31561

    $6,475,000

    • 7 Beds
    • 7.5 Baths
    • 4,753 Sq Ft
    • 220 9th St
    • Sea Island, GA

    Exclusive Coastal Retreat on Sea Island – Steps from the Beach Club & Cloister! Nestled on the coveted W. 9th St., this charming and updated coastal cottage offers the perfect blend of modern elegance and timeless charm. Surrounded by mature palm trees and lush, manicured grounds, this spacious 4,700+ sq. ft. home boasts an expansive pool deck, ideal for relaxation and entertaining. Designed with

    Patrick Dunn Sea Island Properties

    Section Image
  • 204 W 8th St, Sea Island, GA 31561

    $6,950,000

    • 5 Beds
    • 5.5 Baths
    • 3,838 Sq Ft
    • 204 W 8th St
    • Sea Island, GA

    Cottage 44. Vintage Sea Island on NW 8th Street. A complete restoration preserving all the old-world Spanish and Mediterranean charm. Five bedrooms, five and a half baths with high-end touches in every room including antique Mediterranean light fixtures, polished nickel plumbing fixtures, solid mahogany custom windows and doors, antique beam ceilings, wide plank hickory floors. Savannah grey

    Al Brown, Jr. Al Brown Company

    Section Image
  • 521 Hudson Place, Sea Island, GA 31561

    $7,500,000

    • 5 Beds
    • 6 Baths
    • 5,716 Sq Ft
    • 521 Hudson Place
    • Sea Island, GA

    Sea Island Gem! Ideally situated on 6th Street, just a short walk to The Cloister and The Beach Club, 521 Hudson Place offers the perfect blend of luxury, comfort, and convenience. This sprawling 5-bedroom, 6-bath home has been recently updated with modern features and high-end appliances, making it an exceptional retreat. Designed for effortless living, this home boasts all ground-floor

    Patrick Dunn Sea Island Properties

    Section Image
  • 268 River Club Dr Unit C, Sea Island, GA 31561

    $6,290,000

    • 5 Beds
    • 5.5 Baths
    • 4,288 Sq Ft
    • 268 River Club Dr
    • Unit C
    • Sea Island, GA

    River House on 5th Street is a 5 bedroom , 5.5 bath, three story completely furnished townhome that is within walking distance of all of the Sea Island amenities such as the Beach Club, Cloister and The Spa. Interior features include hardwood floors, a gourmet kitchen with a six-burner Thermador gas range, and all Thermador appliances, beautiful custom cabinetry, and Island. The living room and

    Patrick Dunn Sea Island Properties

    Section Image
  • 300 Elizabeth Ln, Sea Island, GA 31561

    $7,850,000

    • 4 Beds
    • 6 Baths
    • 7,000 Sq Ft
    • 300 Elizabeth Ln
    • Sea Island, GA

    Cottage 534: A Masterpiece of Classic Sea Island Luxury - Located at 300 Elizabeth Lane, this exquisite residence, inspired by the iconic designs of Addison Mizner, exemplifies the finest in coastal living on prestigious Sea Island, Georgia. Situated on a sprawling 1.12-acre lakefront parcel, this 7000-square-foot home is a sanctuary of timeless elegance and modern sophistication. Natural light

    Carew Rowell Carew Rowell Real Estate

    Section Image
  • 3907 Oglethorpe Dr Unit Cottage 449, Sea Island, GA 31561

    $5,250,000

    • 5 Beds
    • 5.5 Baths
    • 4,230 Sq Ft
    • 3907 Oglethorpe Dr
    • Unit Cottage 449
    • Sea Island, GA

    Experience the perfect blend of Southern charm and modern elegance at Cottage 449, a meticulously updated residence on the corner of 39th Street and the main drive, just a short stroll from the 36th Street Sea Island beach access. This 4,230-square-foot home boasts five bedrooms, each with its own ensuite bath, plus a convenient downstairs half bath. A canopy of live oaks welcomes you to this

    Laura Peebles Sea Island Properties

    Section Image
  • 450 Forest Rd, Sea Island, GA 31561

    $7,895,000

    • 5 Beds
    • 5.5 Baths
    • 6,806 Sq Ft
    • 450 Forest Rd
    • Sea Island, GA

    Luxury Golf Course Home designed by Josh Youngner and built by Flanagan Development – Scheduled for Completion Fall 2025. Located on the 6th hole of the prestigious Ocean Forest Golf Course, this stunning new construction offers the perfect blend of luxury, comfort, and island-inspired living. Property Features:• 5 Bedrooms | 5.5 Baths• Inground Pool – Ideal for relaxing and

    Patrick Dunn Sea Island Properties

    Section Image
  • 541 Forest Rd, Sea Island, GA 31561

    $6,695,000

    • 6 Beds
    • 7 Baths
    • 6,562 Sq Ft
    • 541 Forest Rd
    • Sea Island, GA

    Luxurious Ocean Forest living awaits at 541 Forest Road. This stunning lakeside cottage, with Mizner influences throughout, is made for living and entertaining. The first level plan is highlighted by the two story foyer, which opens to the living room, family room and kitchen. All have lake views, and the kitchen features a center island with sink, Wolf and Sub Zero appliances and loads of

    R. Don Lewis, Jr. Sea Island Properties

    Section Image

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
16Th Street Property Partners $5,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $5,500,000 -15.3% $1,006 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $6,495,000 -- $1,188 / 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 $82,798 $3,280,560 $2,163,680 $1,116,880
2023 $81,266 $3,280,560 $2,163,680 $1,116,880
2022 $62,856 $3,314,520 $2,163,680 $1,150,840
2021 $64,946 $2,485,480 $1,903,680 $581,800
2020 $58,722 $2,225,480 $1,643,680 $581,800
2019 $52,396 $1,985,240 $1,643,680 $341,560
2018 $52,602 $1,993,040 $1,643,680 $349,360
2017 $48,243 $1,827,480 $1,539,680 $287,800
2016 $37,665 $1,549,960 $1,279,680 $270,280
2015 $35,291 $1,445,960 $1,175,680 $270,280
2014 $35,291 $1,445,960 $1,175,680 $270,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1581569

Golden Isles Association of REALTORS®

APN: 05-00273