NOT LISTED FOR SALE

Estimated Value: $2,502,000 - $2,958,000

2 Beds
3 Baths
2,352 Sq Ft
$1,875,192/mo HOA Fee

Last Sold March 30, 2023

Last sale price $2,300,000 $978 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,892,260/month

63 Days on Market

Highlights

  • Gated Community
  • River View
  • Furnished
  • Oglethorpe Point Elementary School Rated A
  • Deck
  • Breakfast Area or Nook

About This Home

As of March 2023

This residence is located in the River Club Community of Sea Island. It is a short walk to the Beach Club, the ocean and Sea Island amenities. These residences rarely come on the market. This one is all about the views!! This residence overlooks the Black Banks River and has magnificent views. Imagine sitting out on the deck and enjoying the beautiful sunsets over the marsh. This two bedroom, 3 bath unit comes completely furnished. The kitchen consists of all stainless steel appliances with double ovens, separate cooktop, microwave, dishwasher and refrigerator. Both bedrooms are upstairs. The large master bedroom has three closets, a sitting area and views of the River. The great room looks out over the marsh with a fireplace. There is a two car garage that adjoins the property through a private courtyard. This residence has new flooring and many upgrades, and offers the possibility of conversion into a 3 bedroom unit. The rear deck offers great privacy and a grilling area. Visit the virtual tour here: https://youriguide.com/1205_river_club_dr_sea_island_ga/

Last Agent to Sell the Property

Brin Meredith

Sea Island Properties License #171868 Listed on: 12/12/2022

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,558

Year Built

  • Built in 1975

HOA Fees

  • Condo Association YN

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Stucco

Interior Spaces

  • 2,352 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room with Fireplace
  • River Views
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Deck

Additional Features

  • Property fronts a freeway
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 05-00559

Community Details

Overview

  • Association fees include ground maintenance
  • Sea Island River Club Association, Phone Number (912) 638-5102
  • Sea Island River Club Subdivision

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,558

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,875,192 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Sea Island River Club
  • Directions: Follow Sea Island Road through the gatehouse, continue on Sea Island Road and take a left onto 5th street, take the 1st left onto River Club, follow the signs to 1205.
  • Architectural Style: Spanish
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1975
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Some Electric Appliances, Built-In Oven, Cooktop, Double Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Galley Kitchen, Ceiling Fan(s), Fireplace
  • Living Area: 2352.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • View: Marsh View, River
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Courtyard
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Deck, Open
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: In Garage, Washer Hookup, Dryer Hookup
  • Security: Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer, Community/Coop Sewer
  • Utilities: Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1875192.0
  • Association Fee Frequency: Monthly
  • Association Name: Sea Island River Club
  • Phone: 912-638-5102
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Current Use: Residential
  • Parcel #: 05-00559
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Mar 30, 2023
Sold by
Restagno Richard Dennis Estate
Bought by
Allgood James L and Allgood Katherine
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$2,750,000
Sold Price
$2,300,000
Premium/Discount to List
-$450,000
-16.36%
Views
69
Current Estimated Value
$2,809,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,245
Avg. Annual Appreciation
8.31%
Original Mortgage
$1,725,000
Outstanding Balance
$1,686,238
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,110,643
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
Allgood James L $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allgood James Lanier $850,000
Open Allgood James L $1,725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $2,300,000 -9.8% $978 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $2,550,000 -7.3% $1,084 / Sq Ft
12/12/2022 12/12/22 For Sale $2,750,000 -- $1,169 / 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 $22,558 $893,760 $0 $893,760
2023 $14,451 $579,200 $0 $579,200
2022 $14,743 $579,200 $0 $579,200
2021 $11,746 $445,600 $0 $445,600
2020 $9,902 $371,320 $0 $371,320
2019 $9,902 $371,320 $0 $371,320
2018 $9,902 $371,320 $0 $371,320
2017 $9,902 $371,320 $0 $371,320
2016 $9,118 $371,320 $0 $371,320
2015 $8,224 $357,200 $0 $357,200
2014 $8,224 $333,000 $0 $333,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1637510

Golden Isles Association of REALTORS®

APN: 05-00559