NOT LISTED FOR SALE

Estimated Value: $829,000 - $6,129,000

0.62 Acre
$5,886,394 Price per Acre
27,000 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $800,000

Est. 336% increase in value since last sale

Current estimated payment $24,162/month

609 Days on Market

Highlights

  • Docks
  • Fitness Center
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • No HOA

About This Lot

As of April 2012

Beautiful large lot on W. 22nd Street (Sutherland Road) within the gates of Sea Island. All of the amenities of a 5-star resort await the new owner: Cloister Hotel, Sea Island Beach Club, Sea Island Spa, golf, tennis, shooting school, and activities for all ages. Membership rights to a Sea Island Membership are available with the purchase of this property. Located mid-island off of the beautifully tree canopied Sea Island Drive. Take a stroll or bike to The Beach Club, Spa, or other Sea Island activities from the conveniently located biking/walking path on the west side of the drive. Located on a quiet street that features lovely newer cottages. Build the cottage of your dreams on this beautiful property or hold it for future development.

Last Agent to Sell the Property

Nancy Wainwright

DeLoach Sotheby's International Realty License #246387 Listed on: 07/21/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,746

Lot Details

  • 0.62 Acre Lot
  • Property fronts a freeway
  • Street terminates at a dead end
  • Privacy Fence
  • Landscaped
  • Zoning described as Res Single

Schools

  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Sea Island Ex1 Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Docks

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$60,746

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size: 180,180,150,150
  • Road Frontage Type: Freeway
  • Subdivision Name: Sea Island Ex1
  • Directions: Through the gate at Sea Island proceed straight on Sea Island Drive. Turn left on 22nd Street, lot is on the left.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: Privacy
  • Lot Features: Dead End, Flood Zone, Interior Lot, Private, Wooded, Landscaped
  • Pool Features: Association
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community
  • Utilities: Phone Available, Septic Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Rights, Dock, Fitness Center, Golf Course, Gated, Private Membership, Pool, Recreation Facilities, Tennis Court(s)
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 27000.0
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Hoffhag Shack Llc
Bought by
Sunnymoon Seaside Investments
Current Estimated Value
$3,488,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,050,000
Outstanding Balance
$2,580,725
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2015
Sold by
Gfm Trading Llc
Bought by
Hoffhag Shck Llc

Purchase Details

Listed on
Jul 21, 2010
Closed on
Apr 20, 2012
Sold by
Jacobson Gary J
Bought by
Gfm Trading Llc
Seller's Agent
Nancy Wainwright
DeLoach Sotheby's International Realty
List Price
$1,500,000
Sold Price
$800,000
Premium/Discount to List
-$700,000
-46.67%
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
Sunnymoon Seaside Investments $3,353,000 --
Hoffhag Shck Llc $995,000 --
Gfm Trading Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunnymoon Seaside Investments $3,050,000
Previous Owner Jacobson Gary K $272,149
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $800,000 -46.7% --
03/21/2012 03/21/12 Pending -- -- --
07/21/2010 07/21/10 For Sale $1,500,000 -- --
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
2024 $60,746 $2,406,840 $724,000 $1,682,840
2023 $59,641 $2,411,280 $506,800 $1,904,480
2022 $60,858 $2,411,280 $506,800 $1,904,480
2021 $39,513 $1,515,080 $506,800 $1,008,280
2020 $32,024 $1,216,240 $405,440 $810,800
2019 $32,024 $1,216,240 $405,440 $810,800
2018 $32,024 $1,216,240 $405,440 $810,800
2017 $16,853 $640,080 $333,040 $307,040
2016 $14,353 $592,600 $412,680 $179,920
2015 $8,531 $412,680 $412,680 $0
2014 $8,531 $412,680 $412,680 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1550329

Golden Isles Association of REALTORS®

APN: 05-00317