NOT LISTED FOR SALE

Estimated Value: $3,683,000 - $4,305,000

4 Beds
4 Baths
3,313 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $1,550,000 $468 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $24,503/month

436 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Bar
  • Oglethorpe Point Elementary School Rated A
  • Crown Molding
  • Open Patio

About This Home

As of June 2014

This charming 1929 Sea Island stucco and terra cotta tile cottage is ideally located on the SW corner of Ninth St. and Sea Island Dr. An easy walk to the Beach Club and Spa/Racquet Club, the cottage is also convenient to the beach as well, approx 100 yards in distance. Along with 3 Bedrooms and 3 baths in the main house, there is a complete guest suite that includes 1 bedroom/ 1 bathroom with a sitting area and a summer kitchen. This cottage offers ample living areas featuring hardwood floors, a fireplace in the family room that opens to a private courtyard terrace ideal for entertaining. The bedrooms are well separated with the master suite enjoying a ground floor location overlooking the courtyard. Each guest room opens to a sundeck overlooking the courtyard.

Last Agent to Sell the Property

Freddy Stroud

Georgia Coast Realty License #150357 Listed on: 02/25/2013

Last Buyer's Agent

Freddy Stroud

Georgia Coast Realty License #150357 Listed on: 02/25/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,542

Year Built

  • Built in 1929

Lot Details

  • 0.3 Acre Lot
  • Property fronts a freeway
  • Partially Fenced Property
  • Sprinkler System
  • Zoning described as Res Single

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 3,313 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Family Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Open Patio

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00486

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,542

Year Built

Built in 1929

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 115,111,112,113
  • Road Frontage Type: Freeway
  • Ownership: Fee Simple
  • Subdivision Name: Sea Island Ex1
  • Directions: Located on the SW corner of Ninth St. and Sea Island Drive
  • Architectural Style: Cottage
  • 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

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Breakfast Bar, Crown Molding
  • Living Area: 3313.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Corner Lot, Flood Zone, Interior Lot
  • View: Residential
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Stucco, Drywall
  • Exterior Features: Outdoor Shower, Sprinkler/Irrigation
  • Foundation Details: Crawlspace, Slab
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 05-00486
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 2, 2014
Sold by
Moses Susan Scarborough
Bought by
Scarborough Sydney P
Seller's Agent
Freddy Stroud
Georgia Coast Realty
Buyer's Agent
Freddy Stroud
Georgia Coast Realty
List Price
$1,925,000
Sold Price
$1,550,000
Premium/Discount to List
-$375,000
-19.48%
Current Estimated Value
$4,070,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,520,150
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,000,000
Outstanding Balance
$725,547
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,344,603
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
Scarborough Sydney P $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Sydney P $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2014 06/04/14 Sold $1,550,000 -19.5% $468 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
02/25/2013 02/25/13 For Sale $1,925,000 -- $581 / 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 $34,542 $1,368,600 $828,000 $540,600
2024 $30,002 $1,188,720 $720,000 $468,720
2023 $11,298 $1,188,720 $720,000 $468,720
2022 $11,920 $1,188,720 $720,000 $468,720
2021 $12,313 $849,960 $600,000 $249,960
2020 $12,427 $605,160 $355,200 $249,960
2019 $12,427 $605,160 $355,200 $249,960
2018 $13,655 $522,040 $345,600 $176,440
2017 $13,655 $522,040 $345,600 $176,440
2016 $12,847 $532,600 $345,600 $187,000
2015 $10,502 $455,360 $312,000 $143,360
2014 $10,502 $426,680 $312,000 $114,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1562534

Golden Isles Association of REALTORS®

APN: 05-00486