NOT LISTED FOR SALE

Estimated Value: $4,466,610 - $6,169,000

5 Beds
7 Baths
4,776 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $2,000,000 $419 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $32,824/month

330 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 2 Car Garage
  • Oglethorpe Point Elementary School Rated A
  • Family Room with Fireplace

About This Home

As of February 2014

Just one house from the beach, Cottage 506 offers great location and huge curb appeal. The large eat-in kitchen opens to a family room with fireplace, and beyond is a wall of windows leading to the pergola covered pool terrace. On the other side is a living room with another fireplace, also opening to the pool terrace. Opposite this area is a dining room or study/den with a third fireplace. The master suite is on the first level, featuring a cozy bay window and access to the outdoor space as well. Upstairs are three bedrooms, all with full bath, and the bonus room above the garage could serve as a second master if desired. An elevator services the master wing and the upstairs bedrooms. The outdoor space includes a very nice pool with tumbled stone deck, walled yard and outdoor shower.

Last Agent to Sell the Property

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 02/12/2013

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,857

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,776 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck

Community Details

  • Sea Island Ex2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00684

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,857

Year Built

Built in 1998

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Ownership: Fee Simple
  • Subdivision Name: Sea Island Ex2
  • Directions: Sea Island Drive to East 34th Street, turn right, second on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Kitchen, Living Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4776.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Patio And Porch Features: Deck, Open

Garage/Parking

  • Garage Spaces: 2.0

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 05-00684
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
Feb 7, 2014
Sold by
Toland Lance P
Bought by
Acg Diversified Llc
Seller's Agent
R. Don Lewis, Jr.
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$2,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$495,000
-19.84%
Current Estimated Value
$5,203,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,203,203
Avg. Annual Appreciation
8.66%
Original Mortgage
$1,800,000
Interest Rate
4.55%
Mortgage Type
New Conventional
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
Acg Diversified Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acg Diversified Llc $2,000,000
Closed Acg Diversified Llc $1,800,000
Previous Owner Toland Lance P $1,971,310
Previous Owner Toland Lance P $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Sold $2,000,000 -19.8% $419 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
02/12/2013 02/12/13 For Sale $2,495,000 -- $522 / 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 $48,857 $1,935,760 $418,000 $1,517,760
2023 $32,666 $1,315,640 $471,200 $844,440
2022 $33,330 $1,315,640 $471,200 $844,440
2021 $30,666 $1,171,040 $380,000 $791,040
2020 $27,957 $1,057,040 $266,000 $791,040
2019 $27,957 $1,057,040 $266,000 $791,040
2018 $20,420 $770,800 $266,000 $504,800
2017 $20,420 $770,800 $266,000 $504,800
2016 $18,794 $770,800 $266,000 $504,800
2015 $13,944 $635,520 $216,600 $418,920
2014 $13,944 $568,200 $216,600 $351,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1562445

Golden Isles Association of REALTORS®

APN: 05-00684