NOT LISTED FOR SALE

118 E 16th St Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $4,343,000 - $9,274,636

5 Beds
5.5 Baths
4,160 Sq Ft
$1,745/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $9,450,000 $2,272 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $45,064/month

18 Days on Market

Highlights

  • In Ground Pool
  • Oglethorpe Point Elementary School Rated A
  • 2 Car Garage

About This Home

As of August 2022

Beautiful home built in 2020 just steps to the beach. Spacious open living and kitchen with gorgeous wood floors and beamed ceilings and an abundance of natural light overlooking the backyard with pool and putting green.

Last Listed By

Victor Long

Banker Real Estate License #358373 Listed on: 07/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,305

Year Built

  • Built in 2020

Lot Details

  • 0.48

Parking

  • 2 Car Garage

Home Design

  • 4,160 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • In Ground Pool
  • 0.48 Acre Lot

Community Details

  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00272

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,305

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: ,,,
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island to East 16th. Cottage 293 is on the left.
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 4160.0

Exterior Features

  • Pool Features: In Ground, Pool
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Garage/Parking

  • Garage Spaces: 2.0

Lot Info

  • Lot Size Sq Ft: 20778.0
  • Parcel #: 05-00272
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23305.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 3, 2022
Sold by
Scileppi Gregory
Bought by
Beach Dog Properties Llc
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Mackay Cate
Ansley Real Estate
List Price
$9,450,000
Sold Price
$9,450,000
Total Days on Market
18
Current Estimated Value
$7,260,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,189,455
Avg. Annual Appreciation
-9.05%

Purchase Details

Closed on
Dec 27, 2012
Sold by
George John P
Bought by
Wiley Pack Properties Lp

Range of Values:

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Average Value
Not Available
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
Beach Dog Properties Llc $9,450,000 --
Wiley Pack Properties Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scileppi Gregory $1,800,000
Previous Owner George John P $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $9,450,000 0.0% $2,272 / Sq Ft
07/16/2022 07/16/22 For Sale $9,450,000 +384.6% $2,272 / Sq Ft
01/10/2018 01/10/18 Sold $1,950,000 -11.2% $464 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $2,195,000 -- $523 / 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 $55,419 $2,195,760 $647,680 $1,548,080
2023 $37,245 $1,500,760 $647,680 $853,080
2022 $22,557 $1,139,920 $647,680 $492,240
2021 $23,305 $1,099,920 $647,680 $452,240
2020 $17,540 $661,400 $441,600 $219,800
2019 $19,597 $739,520 $441,600 $297,920
2018 $17,829 $672,400 $441,600 $230,800
2017 $17,829 $672,400 $441,600 $230,800
2016 $16,411 $672,400 $441,600 $230,800
2015 $15,762 $642,960 $412,160 $230,800
2014 $15,762 $642,960 $412,160 $230,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victor Long

    Banker Real Estate

    (912) 266-2650

    9 in this area

    187 Total Sales

    Victor Long
    Section Image
  • Mackay Cate

    Buyer's Agent in 2022

    Mackay Cate

    Ansley Real Estate

    (912) 571-0364

    7 in this area

    85 Total Sales

    Mackay Cate
    Section Image

  • L

    Seller's Agent in 2018

    Linton West

    Sea Island Properties

    (912) 222-0318

    13 in this area

    43 Total Sales

    Linton West
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1635604

Golden Isles Association of REALTORS®

APN: 05-00272

Georgia Glynn County Sea Island 31561 Sea Island

118 E 16th St, Sea Island, GA

Homes for Sale in Sea Island, GA

This home is located at 118 E 16th St, Sea Island, GA 31561 since 16 July 2022 and is currently estimated at $7,260,545, approximately $1,745 per square foot. This property was built in 2020. 118 E 16th St is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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