NOT LISTED FOR SALE

Estimated Value: $3,947,000 - $4,415,000

5 Beds
7.5 Baths
4,932 Sq Ft
$850/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $4,000,000 $811 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $26,417/month

195 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Golf Course View
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of June 2024

Introducing Forest Cottage 105 - a charming, very spacious, and meticulously well-maintained retreat that promises a peaceful and relaxing haven. With five bedrooms and seven and a half bathrooms its the perfect place for family and friends to gather and enjoy the serene beauty of Ocean Forest. This extraordinary property features a guest house that can be used for guests, a studio, or even as a private office, providing versatility to suit your needs. The master suite is situated upstairs, offering privacy and tranquility, with a sitting room and his and hers bath. The additional bedrooms downstairs and one at the rear of the house ensure comfort and convenience for all. Step outside, and you'll be greeted by a lovely pool overlooking the 8th hole at the Ocean Forest golf course, creating a picturesque view and an inviting atmosphere for relaxation. Inside you'll discover the charm of the Saltillo tile floors and stucco walls, keeping the interior cool and comfortable. Not only does Forest Cottage 105 offer a truly wonderful living experience, but its also part of the exclusive and private Ocean Forest community, nestled with the gated community of Sea Island. Come see for yourself what makes Ocean Forest so uniquely special, and discover the extraordinary lifestyle that Forest Cottage 105 has to offer. Your dream retreat awaits.

https://unbranded.youriguide.com/108_fife_ln_sea_island_ga/

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/02/2023

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,951

Year Built

  • Built in 2002

Lot Details

  • 0.49 Acre Lot
  • Property fronts a private road
  • Property fronts a freeway
  • Partially Fenced Property
  • Decorative Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,242 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Stucco

Interior Spaces

  • 4,932 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Golf Course Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Deck
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 05-00729

Community Details

Overview

  • Association fees include management, ground maintenance
  • Ocean Forest Property Owners Association, Phone Number (912) 638-5102
  • Ocean Forest Subdivision

Recreation

  • Beach
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,951

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,242 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: ,,,
  • Road Frontage Type: Freeway, Private Road
  • Road Surface Type: Asphalt
  • Inclusions: Dryer,Gas Logs,Refrigerator,Washer,Wired Speakers
  • Subdivision Name: Ocean Forest
  • Directions: Gate pass required for both Sea Island and Ocean Forest. Once onto Sea Island, continue through the first round about down Sea Island Drive to the second round about and go through to the Ocean Forest Gate House. Once through you will veer to the left and continue on Forest Rd until Fife Lane on the right. Fife lane will dead end and you till turn left and the home will be at the end on the right. Forest Cottage 105
  • Architectural Style: Spanish
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Built-In Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Wine Cooler, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Gas Log, Gas Starter, Great Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Kitchen Island, Ceiling Fan(s), Fireplace, Cable TV
  • Living Area: 4932.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Decorative, Metal, Partial
  • Lot Features: Subdivision, Sprinkler System, Near Golf Course, Landscaped
  • Pool Features: In Ground, Pool
  • View: Golf Course, Other, Residential
  • View: Yes
  • Waterfront Features: Beach Access
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Courtyard, Deck, Patio, Curb, Landscape Lights, Paved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Guest House, Storage
  • Patio And Porch Features: Deck, Enclosed, Open, Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, Driveway, Garage, Garage Door Opener, Guest, Paved, Rear/Side/Off Street, Storage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, Sink
  • Security: Gated Community, Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities, Sewer Available
  • Water Source: Community/Coop, Shared Well, Public

Condo/Co-op/Association

  • Community Features: Beach, Gated, Trails/Paths, Curbs, Gutter(s)
  • Amenities: Gated, Pets Allowed
  • Association Fee: 1242.0
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Forest Property Owners Association
  • Phone: 912-638-5102
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Other

Lot Info

  • Lot Size Sq Ft: 21170.0
  • Parcel #: 05-00729
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15951.05
  • Tax Book Number: 1070/412
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jun 24, 2024
Sold by
Atlantic Union Bank
Bought by
Plazza Harrison
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$4,875,000
Sold Price
$4,000,000
Premium/Discount to List
-$875,000
-17.95%
Views
117
Current Estimated Value
$4,194,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,005
Avg. Annual Appreciation
4.57%
Original Mortgage
$3,200,000
Outstanding Balance
$3,171,741
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,022,264

Purchase Details

Listed on
Nov 2, 2023
Closed on
Apr 25, 2024
Sold by
Atlantic Union Bank
Bought by
Atlantic Union Bank and Ford Hampton Harrell
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$4,875,000
Sold Price
$4,000,000
Premium/Discount to List
-$875,000
-17.95%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$3,171,741
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,022,264
Source: Public Records

Range of Values:

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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
Plazza Harrison $4,000,000 --
Atlantic Union Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plazza Harrison $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $4,000,000 -10.6% $811 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $4,475,000 -8.2% $907 / Sq Ft
11/02/2023 11/02/23 For Sale $4,875,000 -- $988 / 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 $24,145 $956,640 $200,000 $756,640
2023 $15,632 $632,000 $200,000 $432,000
2022 $15,951 $632,000 $200,000 $432,000
2021 $14,235 $642,120 $200,000 $442,120
2020 $18,825 $714,960 $260,000 $454,960
2019 $18,825 $714,960 $260,000 $454,960
2018 $16,225 $724,960 $260,000 $464,960
2017 $17,120 $764,960 $260,000 $504,960
2016 $16,205 $669,080 $260,000 $409,080
2015 $14,874 $669,080 $260,000 $409,080
2014 $14,874 $719,520 $260,000 $459,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1643060

Golden Isles Association of REALTORS®

APN: 05-00729