NOT LISTED FOR SALE

Estimated Value: $5,015,000 - $9,085,549

5 Beds
5.5 Baths
8,174 Sq Ft
$866/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $9,100,000 $1,113 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $49,748/month

101 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Waterfront
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Private Membership Available

About This Home

As of October 2017

Cottage 558. Extensive renovation completed in 2016! This truly exquisite custom home on the beach is a must see! Gorgeous views of the pool and ocean from every room. Beautiful details throughout include reclaimed pine floors, custom picky cypress accents & exposed brick in the kitchen. French doors in the keeping room & living room lead to a covered porch overlooking the ocean. Oversized master with sitting area, includes kitchenette and private balcony with ocean views. 4 additional bedrooms up with ensuite baths and laundry. 3rd floor has gym & access to the roof top deck. List of features include poured concrete block construction- all three floors, wired for a generator, impact rated windows and doors, hurricane certified and foam insulation walls, attic & all floors.

Last Listed By

Comer Jennings

Ansley Real Estate License #165488 Listed on: 06/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,354

Year Built

  • Built in 2007

Lot Details

  • 0.76 Acre Lot
  • Waterfront
  • Fenced
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Zoning described as Res Multi

Parking

  • 2 Car Garage
  • Driveway
  • Unpaved Parking
  • Guest Parking

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Block Foundation
  • Slab Foundation
  • Concrete Siding
  • Block Exterior
  • Concrete Perimeter Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 8,174 Sq Ft Home
  • 3-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 9 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Open Patio

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Heating System Uses Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 500792

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Sea Island Ex1 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,354

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size: ,,,
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1245
  • Co List Office Phone: 404-480-4663
  • Ownership: Fee Simple
  • Subdivision Name: Sea Island Ex1
  • Directions: From Sea Island gate, turn right onto 18th Street, home is the last one on the left.
  • Architectural Style: Spanish
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Insulation, Windows
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Dishwasher, Freezer, Disposal, Oven, Range, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Dining Room, Family Room, Gas Log, Living Room, Master Bedroom, Other, Outside
  • Fireplaces: 9
  • Fireplace: Yes
  • Flooring: Brick, Hardwood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Tray Ceiling(s), Coffered Ceiling(s), Kitchen Island, Vaulted Ceiling(s)
  • Living Area: 8174.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone, Level, Landscaped
  • Pool Features: Heated, In Ground, Pool
  • View: Ocean, Residential
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Brick, Plaster, Stucco
  • Exterior Features: Balcony, Covered Patio, Outdoor Shower, Sprinkler/Irrigation
  • Foundation Details: Block, Concrete Perimeter, Raised, Slab
  • Patio And Porch Features: Balcony, Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Guest, Unpaved

Utilities

  • Security: Gated Community
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Septic Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Amenities: Beach Rights, Gated, Private Membership
  • Association: No

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 500792
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 41354.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 23, 2017
Sold by
Wainright Susan C
Bought by
Lowe Kenneth W Trustee and Lowe Kenneth W Revocable Trust
Seller's Agent
Comer Jennings
Ansley Real Estate
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$10,000,000
Sold Price
$9,100,000
Premium/Discount to List
-$900,000
-9%
Total Days on Market
101
Current Estimated Value
$7,075,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,024,817
Avg. Annual Appreciation
-3.27%

Purchase Details

Closed on
Jul 15, 2005
Sold by
18Th Street Beach Llc
Bought by
Wainright Susan Corn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
5.59%
Mortgage Type
New Conventional

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
Lowe Kenneth W Trustee $9,100,000 --
Wainright Susan Corn $6,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenneth W Lowe Revocable Trust $11,365,000
Previous Owner Wainright Susan C $7,200,000
Previous Owner Wainright Susan Corn $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $9,100,000 -9.0% $1,113 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $10,000,000 -- $1,223 / 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 $124,005 $4,913,240 $1,424,840 $3,488,400
2023 $11,897 $6,693,200 $1,928,160 $4,765,040
2022 $80,847 $3,206,400 $1,528,400 $1,678,000
2021 $83,748 $3,206,400 $1,528,400 $1,678,000
2020 $76,334 $3,405,160 $1,528,440 $1,876,720
2019 $89,783 $3,405,160 $1,528,440 $1,876,720
2018 $47,394 $3,405,160 $1,528,440 $1,876,720
2017 $44,855 $1,795,240 $1,134,160 $661,080
2016 $41,281 $1,795,240 $1,134,160 $661,080
2015 $35,051 $1,703,920 $1,042,680 $661,240
2014 $35,051 $1,695,000 $1,042,680 $652,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1584243

Golden Isles Association of REALTORS®

APN: 05-00792