NOT LISTED FOR SALE

Estimated Value: $635,000 - $884,000

0.14 Acre
$5,683,457 Price per Acre
6,098 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $100,000

Est. 696% increase in value since last sale

Current estimated payment $4,832/month

146 Days on Market

About This Lot

As of March 2019

This is a beautifully shaded home site within Sea Palms North Cottages, and the only home site available within the community. According to the new FEMA maps, this is located within an X zone, so no flood insurance required. The sellers have a current survey and even house plans drawn specifically for the site that could be available to you if you like them. It is an extremely livable one story three bedroom home. Their plans have changed and they are unable to move here, so you have the opportunity to enjoy your new home site and future home without all the legwork!

Last Agent to Sell the Property

Lisa Wilson

BHHS Hodnett Cooper Real Estate License #255225 Listed on: 09/19/2018

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Luke Pigge

BHHS Hodnett Cooper Real Estate License #370814

BHHS Hodnett Cooper Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,771

Year Built

  • 2023

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as Res Single

HOA Fees

  • $46 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-12563

Community Details

Overview

  • Association fees include management, reserve fund
  • Sea Palms North Cottages HOA
  • Sea Palms North Cottages Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,771

Year Built

2023

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.14
  • Lot Size: ,,,
  • Ownership: Fee Simple
  • Subdivision Name: Sea Palms North Cottages
  • Directions: On St Simons Island, travel north on Frederica Road to the entrance to Sea Palms North Cottages on your right. Once through the gates, take your second right onto Brighton Place. This home site will be to your left at the cul-de-sac.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 2023

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Gated
  • Association Fee: 550.0
  • Association Fee Frequency: Annually
  • Association Name: Sea Palms North Cottages HOA
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Other, Reserve Fund

Schools

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

Lot Info

  • Parcel #: 04-12563
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3287/390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Flanagan B F
Bought by
Flake Chelsea and Flake Patrick
Total Days on Market
146
Current Estimated Value
$795,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$630,641
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$185,684

Purchase Details

Closed on
Mar 27, 2023
Sold by
Kaufmann Colby Station Llc
Bought by
Flanagan Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,605
Interest Rate
6.5%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Sep 19, 2018
Closed on
Mar 15, 2019
Sold by
Koehler Pete G
Bought by
Kaufmann Colby Station Llc
Seller's Agent
Lisa Wilson
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Luke Pigge
BHHS Hodnett Cooper Real Estate
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.93%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Bunn Gary R
Bought by
Koehler Pete G and Koehler Lenore R

Purchase Details

Closed on
Feb 28, 2006
Sold by
Plantation Creek Communiti
Bought by
Bunn Gary R and Bunn Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
6.19%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Flake Chelsea $675,000 --
Flanagan Development Llc $125,000 --
Kaufmann Colby Station Llc $100,000 --
Koehler Pete G $57,500 --
Bunn Gary R $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flake Chelsea $100,000
Open Flake Chelsea $641,250
Previous Owner Flanagan Development Llc $582,605
Previous Owner Bunn Gary R $179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $100,000 -23.0% --
02/13/2019 02/13/19 Pending -- -- --
09/19/2018 09/19/18 For Sale $129,900 -- --
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 $6,771 $270,000 $36,000 $234,000
2023 $1,051 $36,000 $36,000 $0
2022 $903 $36,000 $36,000 $0
2021 $931 $36,000 $36,000 $0
2020 $940 $36,000 $36,000 $0
2019 $627 $24,000 $24,000 $0
2018 $627 $24,000 $24,000 $0
2017 $627 $24,000 $24,000 $0
2016 $576 $24,000 $24,000 $0
2015 $511 $23,000 $23,000 $0
2014 $511 $21,200 $21,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1603177

Golden Isles Association of REALTORS®

APN: 04-12563