NOT LISTED FOR SALE

Estimated Value: $3,235,000 - $6,267,000

3 Beds
3.5 Baths
3,346 Sq Ft
$1,442/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $1,400,000 $418 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $29,063/month

1,930 Days on Market

Highlights

  • Gated Community
  • Private Membership Available
  • Screened Porch
  • Oglethorpe Point Elementary School Rated A
  • Vaulted Ceiling
  • 2 Car Garage

About This Home

As of August 2016

A signature Sea Island beach cottage. Quaint yet spacious, this three bedroom, three and one half bath home is in a prime location. Cottage 8 is situated on a large home site with beautiful mature oaks, located on West 8th street. This cottage is within walking distance to all of the Sea Island amenities. Lots of possibilities to add a fourth bedroom. This home comes with application rights to the Sea island Club.

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 03/18/2011

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 03/18/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,264

Year Built

  • Built in 1929

Lot Details

  • 0.46 Acre Lot
  • Property fronts a freeway
  • Fenced

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,346 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Screened Porch

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 05-00484

Community Details

Overview

  • Private Membership Available
  • Sea Island Ex1 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,264

Year Built

Built in 1929

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 136,136,120,120
  • Road Frontage Type: Freeway
  • Ownership: Fee Simple
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Road to West 8th, on southwest corner of Drive
  • Architectural Style: Cottage, Spanish
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1929
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, High Ceilings, Vaulted Ceiling(s)
  • Living Area: 3346.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Zone
  • View: Residential
  • Waterfront: No
  • Patio And Porch Features: Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Gated Community
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Amenities: Gated, Private Membership
  • Association Fee: 220.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 05-00484
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2011
Closed on
Aug 29, 2016
Sold by
Peter
Bought by
Borders James R and Borders Sarah R
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$2,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$1,250,000
-47.17%
Current Estimated Value
$4,824,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,424,946
Avg. Annual Appreciation
14.55%
Original Mortgage
$1,000,000
Outstanding Balance
$804,764
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$4,020,182

Purchase Details

Closed on
Jun 15, 2007
Sold by
Imhoff Lynne Henson
Bought by
Moister Peter and Moister Whitney Jones
Source: Public Records

Range of Values:

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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
Borders James R $1,400,000 --
Moister Peter $2,895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borders James R $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $1,400,000 -47.2% $418 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
03/18/2011 03/18/11 For Sale $2,650,000 -- $792 / 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
2025 $41,264 $1,634,920 $810,000 $824,920
2024 $44,645 $1,768,880 $810,000 $958,880
2023 $28,866 $1,162,000 $675,000 $487,000
2022 $29,453 $1,162,000 $675,000 $487,000
2021 $24,498 $1,209,960 $675,000 $534,960
2020 $24,732 $934,560 $399,600 $534,960
2019 $24,732 $934,560 $399,600 $534,960
2018 $15,543 $585,560 $388,800 $196,760
2017 $14,545 $547,680 $388,800 $158,880
2016 $15,116 $618,960 $388,800 $230,160
2015 $13,819 $563,080 $351,000 $212,080
2014 $13,819 $563,080 $351,000 $212,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1555532

Golden Isles Association of REALTORS®

APN: 05-00484