NOT LISTED FOR SALE

Estimated Value: $1,695,766 - $1,971,000

4 Beds
3.5 Baths
2,944 Sq Ft
$623/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,195,000 $406 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,789/month

288 Days on Market

Highlights

  • Beach View
  • Beach
  • Contemporary Architecture
  • St. Simons Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2021

Satilla Cottage was custom built in 2001 only 150 steps from St. Simons Island's favorite beach. It's one of the larger homes in Coast Cottages, coastal Georgia's premier vacation neighborhood. Satilla has four bedrooms, 3.5 baths with 2,944 sf h/c. The master suite takes up the entire third floor! The living, dining and kitchen areas flow together so family can easily interact. You'll love the beautiful furnishings (included), high ceilings, Bermuda shutters, and rich pine flooring. Over 1000 sf of outdoor space with five breezy porches, four covered, and several with ocean views! Satilla guests enjoy full privileges at Coast Cottages' fabulous beach front pools and pavilion. The neighborhood fronts St. Simons magnificent Coast Guard beach, the island's widest stretch of sand where you can walk the beach at high tide, low tide, any tide! If you're looking for a very special cottage for your family, Satilla is the perfect choice. Solid rental history, too! Check our 3-d virtual tour.

Last Agent to Sell the Property

Patrick Anderson

Patrick Anderson and Associates License #212861 Listed on: 08/02/2020

Last Buyer's Agent

Karen Ann Mumford

Georgia Coast Realty License #384099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,737

Year Built

  • Built in 2001

Lot Details

  • 3,600 Sq Ft Lot
  • Property fronts a private road
  • Picket Fence
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Zoning described as Resort

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,944 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wired For Data
  • Woodwork
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Beach Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Outdoor Shower
  • Courtyard
  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11249

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund, road maintenance
  • Saint Simons Coast Cottages Neighborhood Assoc. Association, Phone Number (912) 223-3263
  • Coast Cottages Subdivision

Amenities

  • Community Gazebo

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,737

Year Built

Built in 2001

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.08
  • Lot Size: 36,36,100,100
  • Road Frontage Type: Private Road
  • Inclusions: Alarm-Smoke/Fire
  • Subdivision Name: Coast Cottages
  • Directions: Take East Beach Causeway to Wood Avenue and turn right. Go one block to Coast Cottage Lane and turn left. Go 1-1/2 blocks toward the ocean and look for Satilla Cottage on the right ... 15 Coast Cottage Lane.
  • Architectural Style: Cottage, Contemporary
  • Building Name: Satilla Cottage
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Insulation, Windows
  • Building Stories: 3
  • Structure Type: Other
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Painted Woodwork, Ceiling Fan(s), Wired for Data
  • Living Area: 2944.0
  • Stories: 3
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Picket, Wood, Partial
  • Lot Features: Garden, Level, Subdivision, Landscaped
  • Pool Features: Association
  • View: Beach, Residential
  • View: Yes
  • Waterfront Features: Beach Access
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Wood Siding, Drywall
  • Exterior Features: Courtyard, Deck, Gas Grill, Outdoor Shower, Sprinkler/Irrigation
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Off Street, Paved, Parking Space(s)
  • Total Parking Spaces: 4.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 110 Volts, Circuit Breakers, 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Park, Street Lights
  • Amenities: Beach Rights, Gazebo, Playground, Pool
  • Association Fee: 333.33
  • Association Fee Frequency: Monthly
  • Association Name: Saint Simons Coast Cottages Neighborhood Assoc.
  • Phone: 912-223-3263
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Reserve Fund, Road Maintenance

Lot Info

  • Lot Size Sq Ft: 3600.0
  • Parcel #: 04-11249
  • Zoning Description: Resort
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 10737.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Jun 17, 2021
Sold by
Baker James O
Bought by
Kavuri Sravan Kumar and Burns Donald Scott
Seller's Agent
Patrick Anderson
Patrick Anderson and Associates
Buyer's Agent
Karen Ann Mumford
Georgia Coast Realty
List Price
$1,175,000
Sold Price
$1,195,000
Premium/Discount to List
$20,000
1.7%
Total Days on Market
288
Current Estimated Value
$1,835,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,442
Avg. Annual Appreciation
11.40%
Original Mortgage
$956,000
Outstanding Balance
$882,322
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$958,005
Source: Public Records

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Range of Values:

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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
Kavuri Sravan Kumar -- --
Kavuri Sravan Kumar $1,195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavuri Sravan Kumar $956,000
Closed Kavuri Sravan Kumar $956,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,195,000 +1.7% $406 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
08/02/2020 08/02/20 For Sale $1,175,000 -- $399 / 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 $14,418 $574,920 $200,000 $374,920
2023 $13,578 $547,440 $160,000 $387,440
2022 $11,313 $446,120 $160,000 $286,120
2021 $10,636 $406,440 $160,000 $246,440
2020 $10,737 $406,440 $160,000 $246,440
2019 $10,737 $406,440 $160,000 $246,440
2018 $10,737 $406,440 $160,000 $246,440
2017 $10,737 $406,440 $160,000 $246,440
2016 $9,235 $379,600 $160,000 $219,600
2015 $7,912 $323,120 $160,000 $163,120
2014 $7,912 $323,120 $160,000 $163,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1620506

Golden Isles Association of REALTORS®

APN: 04-11249