NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $9,585,813

5 Beds
7 Baths
6,530 Sq Ft
$830/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $10,650,000 $1,631 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $36,616/month

132 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Pool
  • Oglethorpe Point Elementary School Rated A
  • Beach
  • Gated Community

About This Home

As of August 2021

Beachfront doesn't get any better than this! A beautiful open porch, large deck and living area with lots of natural light are perfect gathering spots for scenic and tranquil views of the ocean and pool. Great for evening entertaining and family cookouts! This cottage features a 5 bedrooms, 5 full baths, 2 half baths, including guest suite above the garage. Renovated in 1993-1995 and boasts a strong rental history. This property has possibilities of subdividing and the Cloister and Beach Club are easily reached by bicycle or a beautiful stroll down the beach.

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 03/17/2021

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 03/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,525

Year Built

  • Built in 1954

Lot Details

  • 1.1 Acre Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,530 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Ocean Views
  • Dryer

Kitchen

  • Microwave
  • Freezer
  • Ice Maker
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Deck
  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 05-00305

Community Details

Overview

  • Sea Island Property Owners Association
  • Sea Island Cottages Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,525

Year Built

Built in 1954

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 150,150,0,318
  • Ownership: Fee Simple
  • Subdivision Name: Sea Island Cottages
  • Directions: Sea Island Drive to 21st St. Last house on right. Cottage 126
  • Architectural Style: Colonial, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Freezer, Disposal, Ice Maker, Microwave
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Master Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Kitchen Island
  • Living Area: 6530.0
  • Stories: 2

Exterior Features

  • Lot Features: 1 to 5 Acres, Flood Zone
  • Pool Features: In Ground, Pool
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Beach Access, Ocean Front
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Exterior Features: Porch
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Phone Available, Septic Available

Condo/Co-op/Association

  • Community Features: Beach, Gated, Street Lights, Sidewalks
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association Name: Sea Island Property Owners Association
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Parcel #: 05-00305
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2621 215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Miller Richard A
Bought by
Miller Jennifer M
Current Estimated Value
$5,422,907

Purchase Details

Listed on
Mar 17, 2021
Closed on
Aug 27, 2021
Sold by
Grigg S Tucker
Bought by
Miller Richard A and Miller Jennifer M
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$13,500,000
Sold Price
$10,650,000
Premium/Discount to List
-$2,850,000
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.55%
Original Mortgage
$7,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Miller Jennifer M -- --
Miller Richard A -- --
Miller Richard A $10,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Richard A $7,000,000
Previous Owner Miller Richard A $800,000
Previous Owner Grigg S Tucker $4,600,000
Previous Owner Grigg S Tucker $4,500,000
Previous Owner Grigg S Tucker $303,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $10,650,000 -21.1% $1,631 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $13,500,000 -- $2,067 / 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 $92,525 $3,665,960 $2,808,000 $857,960
2023 $90,799 $3,665,960 $2,808,000 $857,960
2022 $61,103 $3,665,960 $2,808,000 $857,960
2021 $63,135 $2,416,040 $2,192,400 $223,640
2020 $55,493 $2,102,840 $1,879,200 $223,640
2019 $52,194 $1,977,560 $1,753,920 $223,640
2018 $52,194 $1,977,560 $1,753,920 $223,640
2017 $39,960 $1,977,560 $1,753,920 $223,640
2016 $36,768 $1,512,920 $1,315,440 $197,480
2015 $31,662 $1,512,920 $1,315,440 $197,480
2014 $31,662 $1,525,600 $1,315,440 $210,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1624737

Golden Isles Association of REALTORS®

APN: 05-00305