NOT LISTED FOR SALE

16 Somerset Trace Saint Simons Island, GA 31522

Estimated Value: $3,111,000 - $3,801,892

5 Beds
5.5 Baths
4,735 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $3,150,000 $665 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $19,964/month

206 Days on Market

Highlights

  • Water Views
  • Boat Facilities
  • Gated Community
  • Oglethorpe Point Elementary School Rated A
  • Gourmet Kitchen
  • Private Membership Available

About This Home

As of February 2024

Back on Market through no fault of Sellers! Home did not get to inspection process. Are you looking for Fabulous Marshfront Views in an exclusive community on the Georgia Coast? Built by Nate Brock and Van Waters who are known for their artistry and craftsmanship, this exquisite 5 bedroom, 5 and a half bathroom features a Artisan Hardi-board exterior, Savannah Grey brick floors and porches & Cedar shake roof. Adding to the low country architecture are the painted heavy timber brackets and rafters and wood burning fireplace. The Main level includes a living/dining room off of the Foyer, powder room, Great Room lined with windows, gourmet kitchen and space for casual dining. The Primary room and a guest suite, or use this room as an office, is also on the Main floor. Upstairs has a central living area and two large guest suites. The 5th Guest Suite is above the Garage and there is room to add a pool if you like! Club amenities include Golf, Tennis, Dining, Fitness Room, and Swimming.

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 06/19/2023

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 06/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,008

Year Built

  • Built in 2023

Lot Details

  • 2.74 Acre Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Property fronts a freeway
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Zoning described as Res Single

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Exterior Columns
  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • 4,735 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Double Convection Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Boat Facilities
  • Exterior Lighting

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 04-12427

Community Details

Overview

  • Association fees include management
  • Private Membership Available
  • Frederica Township Assn Association, Phone Number (912) 634-1500
  • Built by Van Waters
  • Frederica Golf Club Subdivision
  • Community Lake

Recreation

  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,008

Year Built

Built in 2023

Lot Details

0

HOA Fees

$408 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 2.74
  • Lot Size: ,,,
  • Road Frontage Type: Freeway, Private Road
  • Road Surface Type: Asphalt, Paved
  • Water Body Name: Frederica River
  • Inclusions: Alarm-Smoke/Fire,Dryer,Refrigerator,Security System,Washer
  • Ownership: Fee Simple
  • Subdivision Name: Frederica Golf Club
  • Directions: From the Sea Island Rd and Frederica Rd intersection, continue onto Frederica road for about 3 miles until you reach the traffic circle at Lawrence Rd. Take the first right/exit onto Lawrence Road and continue to the main entrance for Frederica at Pikes Bluff Rd. Inside Frederica, travel Pikes Bluff Drive. Soon after the Boathouse and the Clubhouse, you will see Saint Annie's Lane on your right. Travel St. Annie's Lane until the first left which will be Somerset Trace. Home will be the first drive on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Insulation, Windows
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: 4098

Interior Features

  • Private Spa: No
  • Appliances: Some Electric Appliances, Some Gas Appliances, Built-In Oven, Convection Oven, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Washer
  • Accessibility Features: Low Threshold Shower
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Gas Starter, Great Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Brick, Hardwood
  • Interior Amenities: Attic, Breakfast Bar, Breakfast Area, Gourmet Kitchen, Kitchen Island, Pantry, Ceiling Fan(s), Fireplace, Programmable Thermostat, Wired for Data
  • Living Area: 4735.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: 1 to 5 Acres, Garden, Landscaped, Level, Subdivision, Sprinkler System, Estate Lot
  • Pool Features: None
  • View: Marsh View, Water
  • View: Yes
  • Waterfront Features: Marsh, Other
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: Van Waters
  • Construction Type: HardiPlank Type
  • Exterior Features: Columns, Porch, Sprinkler/Irrigation, Landscape Lights, Paved Driveway
  • Foundation Details: Slab
  • Other Structures: Garage(s), Guest House
  • Patio And Porch Features: Front Porch, Porch, Screened, Wrap Around
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Covered, Driveway, Detached, Garage Door Opener, Guest, Kitchen Level, Paved, Storage
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System, Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Grinder Pump, Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated, Lake, Park, Trails/Paths
  • Amenities: Gated, Private Membership, Pets Allowed
  • Association Fee: 4900.0
  • Association Fee Frequency: Annually
  • Association Name: Frederica Township Assn
  • Phone: 912-634-1500
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Lot Size Sq Ft: 119398.0
  • Parcel #: 04-12427
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13007.97
  • Tax Book Number: 4595/74
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Feb 9, 2024
Sold by
Davidson Gerald Dallas
Bought by
Penn Owen Clinton and Owen Gwen P
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$3,400,000
Sold Price
$3,150,000
Premium/Discount to List
-$250,000
-7.35%
Views
318
Current Estimated Value
$3,313,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,973
Avg. Annual Appreciation
0.59%
Original Mortgage
$766,550
Outstanding Balance
$758,612
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$2,421,945

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 7, 2021
Sold by
Guyton Robert Allan
Bought by
Davidson Gerald Dallas and Davidson Natalia
Seller's Agent
Ann Harrell
DeLoach Sotheby's International Realty
Buyer's Agent
Ann Harrell
DeLoach Sotheby's International Realty
List Price
$2,500,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,000,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.54%
Original Mortgage
$2,000,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Curtis Christopher C
Bought by
Guyton Robert Allan and Guyton Mary Elizabeth
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
Penn Owen Clinton $3,150,000 --
Davidson Gerald Dallas $1,500,000 --
Guyton Robert Allan $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Gerald Dallas $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $3,150,000 -5.3% $665 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $3,325,000 -2.2% $702 / Sq Ft
07/05/2023 07/05/23 For Sale $3,400,000 0.0% $718 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $3,400,000 +126.7% $718 / Sq Ft
12/07/2021 12/07/21 Sold $1,500,000 -40.0% $330 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $2,500,000 -- $550 / 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 $24,659 $983,240 $339,280 $643,960
2023 $24,713 $1,000,560 $339,280 $661,280
2022 $13,008 $518,680 $199,200 $319,480
2021 $3,877 $149,920 $149,920 $0
2020 $4,484 $171,720 $171,720 $0
2019 $5,144 $197,000 $197,000 $0
2018 $5,144 $197,000 $197,000 $0
2017 $6,229 $238,560 $238,560 $0
2016 $5,725 $238,560 $238,560 $0
2015 $5,175 $214,720 $214,720 $0
2014 $5,175 $214,720 $214,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Dunn

    Seller's Agent in 2024

    Patrick Dunn

    Sea Island Properties

    (912) 638-5838

    218 Total Sales

    Patrick Dunn
    Section Image
  • Ann Harrell

    Seller's Agent in 2021

    Ann Harrell

    DeLoach Sotheby's International Realty

    (912) 222-4002

    110 Total Sales

    Ann Harrell
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1640396

Golden Isles Association of REALTORS®

APN: 04-12427

Georgia Glynn County Saint Simons Island 31522

16 Somerset Trace, Saint Simons Island, GA

This home is located at 16 Somerset Trace, Saint Simons Island, GA 31522 since 19 June 2023 and is currently estimated at $3,313,973, approximately $699 per square foot. This property was built in 2023. 16 Somerset Trace 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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