$1,950,000
SOLD JAN 10, 2018

118 E 16th St Sea Island, GA 31561

Sea Island Neighborhood
4 Beds
5 Baths
4,200 Sq Ft
0.51 Acres

Recently Sold

$464 Per Sq Ft

11% Below List Price

107 Days on Market

Highlights

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

About This Home

As of August 2022

Cottage 293 is a true Sea Island beach cottage, with its open floor plan, wall of windows and east side location.A grand living room opens to a large terrace that covers the expanse of the cottage and reveals a wide pool deck and party area. A large kitchen with island and breakfast nook also adjoins the living room, while a rough hewn cypress study affords a quiet retreat. Four guest rooms, all with private bath offer privacy and comfort, and a smaller maid's room has a full bath that also serves as the pool bath. The Atlantic Ocean and Sea Island beach are just steps away from this newly renovated, move-in ready Sea Island family cottage.

Last Agent to Sell the Property

Linton West

Sea Island Properties License #332862 Listed on: 08/26/2017

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,419

Year Built

  • Built in 1974

Lot Details

  • 0.51 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 05-00272

Community Details

Overview

  • Sea Island Ex1 Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,419

Year Built

Built in 1974

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to East 16th Street, turn right, one from the beach on the left side of the street
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Association
  • Private Spa: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4200.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0

Condo/Co-op/Association

  • Amenities: Spa/Hot Tub
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 05-00272
  • ResoLotSizeUnits: Acres

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
Current Estimated Value
$7,646,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,803,697
Avg. Annual Appreciation
-7.11%

Purchase Details

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

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 Type Sale Price Title Company
Warranty Deed $9,450,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,800,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
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

    172 Total Sales

    Section Image
  • Mackay Cate

    Buyer's Agent in 2022

    Mackay Cate

    Ansley Real Estate

    (912) 571-0364

    7 in this area

    83 Total Sales

    Section Image

  • L

    Seller's Agent in 2018

    Linton West

    Sea Island Properties

    (912) 222-0318

    12 in this area

    41 Total Sales

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1585390

Golden Isles Association of REALTORS®

APN: 05-00272

Georgia Glynn County Sea Island 31561 Sea Island

118 E 16th St, Sea Island, GA

This home is located at 118 E 16th St, Sea Island, GA 31561 and is currently priced at $1,950,000, approximately $464 per square foot. This property was built in 1974. 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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