NOT LISTED FOR SALE

Estimated Value: $3,021,000 - $5,042,000

0.61 Acre
$6,738,269 Price per Acre
26,572 Sq Ft Lot

Last Sold May 05, 2017

Last sale price $915,000

Est. 349% increase in value since last sale

Current estimated payment $25,121/month

61 Days on Market

Highlights

  • Marina
  • Gated Community
  • Community Pool
  • Oglethorpe Point Elementary School Rated A
  • Private Membership Available
  • Tennis Courts

About This Lot

As of May 2017

Wooded homesite just off of Sea Island Drive on West 29th Street. A very short distance to the beach and to the entrance of Ocean Forest Golf Club. Buyer will have application rights to Sea Island Club membership.

Last Listed By

John Wright

DeLoach Sotheby's International Realty License #120085 Listed on: 02/03/2017

DeLoach Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,155

Lot Details

  • 0.61 Acre Lot
  • Zoning described as Res Single

HOA Fees

  • $17 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 05-00140

Community Details

Overview

  • Private Membership Available
  • Sea Island Ex1 Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$25,155

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.61
  • Lot Size: 175,123,150,150
  • Subdivision Name: Sea Island Ex1
  • Directions: Norht on Sea Island Drive, turn left on West 29th Street, lot is just beyond first home on left.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Flood Zone, Interior Lot, Wooded
  • Pool Features: Association
  • View: Other, Residential
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Amenities: Beach Rights, Marina, Golf Course, Gated, Private Membership, Pool, Tennis Court(s)
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 24481.0
  • Parcel #: 05-00140
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
May 5, 2017
Sold by
Hotze Steven F
Bought by
217 West Twenty Ninth Llc
Seller's Agent
John Wright
DeLoach Sotheby's International Realty
Buyer's Agent
Al Brown, Jr.
Al Brown Company
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
Total Days on Market
61
Current Estimated Value
$4,110,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,195,344
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Mcbride Timothy B
Bought by
Hotze Steven F and Hotze Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
5.57%
Mortgage Type
New Conventional

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
217 West Twenty Ninth Llc $915,000 --
Hotze Steven F $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hotze Steven F $1,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $915,000 -8.0% --
04/05/2017 04/05/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $995,000 -- --
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 $25,155 $996,680 $632,000 $364,680
2023 $13,255 $535,920 $442,400 $93,520
2022 $11,166 $442,400 $442,400 $0
2021 $9,230 $442,400 $442,400 $0
2020 $9,319 $353,920 $353,920 $0
2019 $9,319 $353,920 $353,920 $0
2018 $7,921 $353,920 $353,920 $0
2017 $9,205 $349,600 $349,600 $0
2016 $10,492 $433,200 $433,200 $0
2015 $10,535 $433,200 $433,200 $0
2014 $10,535 $433,200 $433,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1582344

Golden Isles Association of REALTORS®

APN: 05-00140