NOT LISTED FOR SALE

198 Olive Way St. Simons Island, GA 31522

Estimated Value: $624,331 - $1,837,000

4 Beds
5 Baths
2,982 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $2,300,000 $771 Per Sq Ft

Current estimated payment $6,445/month

14 Days on Market

Highlights

  • Beach View
  • Under Construction
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • In Ground Pool
  • Double Pane Windows

About This Home

As of December 2023

COMMING SOON-CAN NOT BE SHOWN NOR RECEIVE OFFERS PRIOR TO ACTIVE FOR-SALE DATE MAY 16, 2023. Beach Views from both second & third floors. Three Large front porchs, 4 bedroms, 3 full baths & 2 half baths. Ground floor entry foyer. Two guest bedrooms with baths on first floor. Great room with fireplace, dining room & kitchen & half bath on second floor with large open porch. Large master bedroom on third floor with large open porch. Four stop elevator. 9 & 10 foot ceilings, In-ground pool, wood fence, Cat 6 wiring. Best beach access on Island with wooden crossover. Active construction site. Listing agent must be present for all showings.

Last Agent to Sell the Property

Marie Sigman

Roland Daniel Properties License #46438 Listed on: 05/09/2023

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 5,102 Sq Ft Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Zoning described as Res Single,Resort

Parking

  • 2 Car Garage

Home Design

  • Fire Rated Drywall
  • Composition Roof
  • Metal Roof
  • Board and Batten Siding
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,982 Sq Ft Home
  • Elevator
  • Wired For Data
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Beach Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Seaside Cottages Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 04-10501

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Ownership: Fee Simple
  • Subdivision Name: Seaside Cottages
  • Directions: From East Beach Causeway Round About, turn right onto Ocean Blvd heading South, proceed to second Street on left which is Olive Way, turn left, go one block & turn right, go 25 feet & turn left. Go to end of Olive Way and 198 Olive Way is on left side and will be only house under construction
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Insulation, Windows
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098

Interior Features

  • Private Spa: Yes
  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood
  • Other Equipment: Air Purifier
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Kitchen Island, Ceiling Fan(s), Elevator, Fireplace, Instant Hot Water, Cable TV, Wired for Data
  • Living Area: 2982.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Partial
  • Pool Features: In Ground, Pool
  • View: Beach
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure, Owner Is Listing Agent
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Board & Batten Siding, Concrete, Stucco, Drywall
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction
  • Roof: Composition, Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5102.0
  • Parcel #: 04-10501
  • Zoning Description: Res Single,Resort
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Dec 5, 2023
Sold by
Seaside Cottages 1 Llc
Bought by
Dewitt Lane Llc
Seller's Agent
Marie Sigman
Roland Daniel Properties
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$2,400,000
Sold Price
$2,300,000
Premium/Discount to List
-$100,000
-4.17%
Views
85
Current Estimated Value
$1,134,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,165,318
Avg. Annual Appreciation
-26.62%

Purchase Details

Closed on
Dec 5, 2022
Sold by
Seaside Cottages 1 Llc
Bought by
Brock Sabina

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 22, 2016
Sold by
Seaside Cottages Llc
Bought by
Seaside Cottages 1 Llc
Seller's Agent
Marie Sigman
Roland Daniel Properties
Buyer's Agent
Marie Sigman
Roland Daniel Properties
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Branch Banking & Trust C
Bought by
Seaside Cottages Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Branch Banking & Trust Company
Bought by
Brannen Linda D and Brannen Dorothy B

Purchase Details

Closed on
Apr 6, 2010
Sold by
Branch Banking & Trust Company
Bought by
Gandersman Richard C and Gandersman Nancy A

Purchase Details

Closed on
Feb 23, 2010
Sold by
Branch Banking & Trust Company
Bought by
Wright Thomas F and Wright Patricia H

Purchase Details

Closed on
Jan 5, 2010
Sold by
Olive Wood Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 4, 2006
Sold by
Veranda Breeze Llc
Bought by
Olive Wood Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dewitt Lane Llc $2,300,000 --
Brock Sabina $525,000 --
Seaside Cottages 1 Llc -- --
Seaside Cottages 1 Llc -- --
Sigman Appraisal Co -- --
Seaside Cottages Llc $850,000 --
Seaside Cottages Llc -- --
Brannen Linda D $1,100,000 --
Gandersman Richard C $995,000 --
Wright Thomas F $1,400,000 --
Branch Banking & Trust Company $10,600,000 --
Olive Wood Inc $11,055,920 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $2,300,000 -4.2% $771 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $2,400,000 +1500.0% $805 / Sq Ft
06/22/2016 06/22/16 Sold $150,000 0.0% -- View Prior Sale
06/01/2016 06/01/16 For Sale $150,000 -- --
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
2025 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $5,784 $235,360 $215,800 $19,560
2022 $10,824 $431,600 $431,600 $0
2021 $6,868 $265,600 $265,600 $0
2020 $6,935 $265,600 $265,600 $0
2019 $6,935 $265,600 $265,600 $0
2018 $6,935 $265,600 $265,600 $0
2017 $6,935 $265,600 $265,600 $0
2016 $2,868 $265,600 $265,600 $0
2015 $8,715 $119,520 $119,520 $0
2014 $8,715 $361,600 $361,600 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marie Sigman

    Roland Daniel Properties

    (912) 399-0851

    9 in this area

    19 Total Sales

    Marie Sigman
    Section Image

  • A

    Buyer's Agent in 2023

    Angela Suzanne Harrison

    Frederica Realty

    (912) 634-1500

    20 in this area

    178 Total Sales

    Angela Suzanne Harrison
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1639885

Golden Isles Association of REALTORS®

APN: 04-10501

Georgia Glynn County Saint Simons Island 31522

198 Olive Way, Saint Simons Island, GA

Not Listed for Sale

Detached

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