NOT LISTED FOR SALE

1102 Residence Ln Saint Simons Island, GA 31522

Estimated Value: $1,699,000 - $2,008,000

3 Beds
3.5 Baths
2,464 Sq Ft
$1,304/mo HOA Fee

Last Sold February 01, 2021

Last sale price $1,225,000 $497 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $12,135/month

174 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Gourmet Kitchen
  • St. Simons Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of February 2021

Privacy, luxury, security and serenity at the oceanfront development on St. Simons Island, GA. The Residences at Coast Cottages is a 9 unit development built to the highest and strongest construction standards. This unit features an open and flowing floor plan with 3 bedrooms, 3.5 baths, all on the same floor. Large porch overlooking the ocean and views from almost every room. Professionally decorated, all the furnishings remain and are almost new! Gourmet kitchen and large laundry room. This development features multiple gated entries for security, parking garage, private swimming pool, private elevator, and extra storage for each unit. Professional photos coming soon!

Last Agent to Sell the Property

Patsy Bryan

BHHS Hodnett Cooper Real Estate License #150160 Listed on: 07/11/2020

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Margie Stockton

Harry Norman, REALTORS License #16021

Harry Norman, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,908

Year Built

  • Built in 2009

Lot Details

  • Property fronts a county road
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,304 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,464 Sq Ft Home
  • Furnished
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Outdoor Shower
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting
  • Porch

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 04-14254

Community Details

Overview

  • Association fees include management, flood insurance, insurance, ground maintenance, reserve fund
  • The Residences At Coast Cottages Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,908

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,304 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Subdivision Name: The Residences at Coast Cottages
  • Directions: Turn off Wood Ave. onto Residence Lane towards the Ocean. Last Building on the left. Gated.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Windows
  • Year Built: 2009
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Some Gas Appliances, Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Gourmet Kitchen, High Ceilings, Kitchen Island, Elevator, Fireplace
  • Living Area: 2464.0
  • Window Features: Double Pane Windows, Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Pool Features: In Ground, Pool, Salt Water
  • View: Beach, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Beach Access, Beach Front, Ocean Front
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Stucco, Drywall, Steel Siding
  • Exterior Features: Outdoor Shower, Porch, Sprinkler/Irrigation, Landscape Lights
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Parking Space(s), Storage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s), Gated, Pets Allowed
  • Association Fee: 1304.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Flood Insurance, Insurance, Maintenance Grounds, Reserve Fund

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 04-14254
  • Zoning Description: Resort
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8908.0
  • Tax Book Number: 3595/37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Ludwig Nancy G
Bought by
Ludwig John and Ludwig Nancy G
Current Estimated Value
$1,851,117

Purchase Details

Listed on
Jul 11, 2020
Closed on
Feb 1, 2021
Sold by
Coast Residences Llc
Bought by
Ludwig Nancy G
Seller's Agent
Patsy Bryan
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Margie Stockton
Harry Norman, REALTORS
List Price
$1,325,000
Sold Price
$1,225,000
Premium/Discount to List
-$100,000
-7.55%

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 9, 2016
Sold by
Jw Grant Robertson
Bought by
Kim Paul and Koo Ji
Seller's Agent
Betty Ellis
Betty Ellis Realtors
Buyer's Agent
Betty Ellis
Betty Ellis Realtors
List Price
$935,000
Sold Price
$885,000
Premium/Discount to List
-$50,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$663,750
Interest Rate
3.6%

Purchase Details

Closed on
May 10, 2010
Sold by
Branch Banking & Trust Company
Bought by
Robertson Jw Grant
Source: Public Records

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
Ludwig John -- --
Ludwig Nancy G $1,225,000 --
Kim Paul -- --
Robertson Jw Grant $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Paul $663,750
Previous Owner Kim Paul --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $1,225,000 -7.5% $497 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
07/11/2020 07/11/20 For Sale $1,325,000 0.0% $538 / Sq Ft
02/24/2017 02/24/17 Rented $6,000 +20.0% --
01/25/2017 01/25/17 Under Contract -- -- --
12/05/2016 12/05/16 For Rent $5,000 -99.4% --
10/01/2016 10/01/16 Rented -- -- --
09/01/2016 09/01/16 Under Contract -- -- --
06/07/2016 06/07/16 Sold $885,000 0.0% $340 / Sq Ft
06/07/2016 06/07/16 For Rent $6,000 0.0% --
05/08/2016 05/08/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $935,000 -- $360 / 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 $12,198 $486,400 $0 $486,400
2023 $7,812 $486,400 $0 $486,400
2022 $8,361 $486,400 $0 $486,400
2021 $8,824 $336,400 $0 $336,400
2020 $8,908 $336,400 $0 $336,400
2019 $8,908 $336,400 $0 $336,400
2018 $8,783 $336,400 $0 $336,400
2017 $8,908 $336,400 $0 $336,400
2016 $6,083 $248,240 $0 $248,240
2015 $6,108 $248,240 $0 $248,240
2014 $6,108 $248,240 $0 $248,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1620130

Golden Isles Association of REALTORS®

APN: 04-14254