NOT LISTED FOR SALE

203 Black Banks Dr Saint Simons Island, GA 31522

Estimated Value: $1,557,000 - $5,519,000

4 Beds
6 Baths
4,050 Sq Ft
$3,230/mo HOA Fee

Last Sold April 26, 2013

Last sale price $2,500,000 $617 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $22,898/month

58 Days on Market

Highlights

  • River Access
  • River View
  • Wood Flooring
  • Gated Community
  • Private Membership Available
  • Community Pool

About This Home

As of April 2013

At 203 Black Banks Lane enjoy magnificent sunsets, expansive views of the Black Banks River and the sweeping marshes beyond, all while being just steps from the resort amenities – the Cloister Spa, Tennis Center and Beach Club are just a short stroll away from this private, gated enclave. Onyx is used throughout the residence as surface tops, dark wood floors blend seamlessly with the open beamed ceilings, stone fireplace mantle and marble bath components. The her side of the master bath even has a chandelier for that added touch of understated elegance. Four bedrooms, all with full bath, are included in 203 Black Banks Lane, in addition to a full gourmet kitchen, river view patio and private underground parking with climate controlled storage.

Last Agent to Sell the Property

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 01/28/2013

Last Buyer's Agent

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 01/28/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,306

Year Built

  • Built in 2005

Lot Details

  • Property fronts a freeway
  • Landscaped

HOA Fees

  • $3,230 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Exterior Columns
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,050 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • River Views
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • River Access

Listing and Financial Details

  • Assessor Parcel Number 05-00868

Community Details

Overview

  • Private Membership Available
  • Black Banks River Residence Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,306

Year Built

Built in 2005

Lot Details

0

HOA Fees

$3,230 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Subdivision Name: Black Banks River Residence
  • Directions: Sea Island Drive to Black Banks River Residences - adjacent to Ballroom entrance at The Cloister
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Kitchen Island
  • Living Area: 4050.0
  • Stories: 1

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • Pool Features: Association
  • View: Marsh View, River
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony, Columns
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Assigned, Parking Space(s)

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Elevator(s), Gated, Barbecue, Private Membership, Pool, Pets Allowed
  • Association Fee: 38756.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 05-00868
  • Zoning Description: Condo,Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Apr 26, 2013
Sold by
Synovus Mtg Corp
Bought by
Rollins Arthur W and Rollins Catherine C
Seller's Agent
R. Don Lewis, Jr.
Sea Island Properties
Buyer's Agent
R. Don Lewis, Jr.
Sea Island Properties
List Price
$2,500,000
Sold Price
$2,500,000
Total Days on Market
58
Current Estimated Value
$3,198,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,735
Avg. Annual Appreciation
4.41%
Original Mortgage
$2,000,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2012
Sold by
Mclamb Sheila K
Bought by
Synovus Mtg Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rollins Arthur W $2,500,000 --
Synovus Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollins Arthur W $1,260,000
Closed Rollins Arthur W $2,000,000
Previous Owner Mclamb Sheila K $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $2,500,000 0.0% $617 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $2,500,000 -- $617 / 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 $32,306 $1,280,000 $0 $1,280,000
2023 $31,785 $1,280,000 $0 $1,280,000
2022 $32,431 $1,280,000 $0 $1,280,000
2021 $33,507 $1,280,000 $0 $1,280,000
2020 $33,827 $1,280,000 $0 $1,280,000
2019 $33,827 $1,280,000 $0 $1,280,000
2018 $27,508 $1,480,000 $0 $1,480,000
2017 $27,508 $1,040,000 $0 $1,040,000
2016 $24,345 $1,000,000 $0 $1,000,000
2015 $20,797 $1,000,000 $0 $1,000,000
2014 $20,797 $1,000,000 $0 $1,000,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1562319

Golden Isles Association of REALTORS®

APN: 05-00868