NOT LISTED FOR SALE

223 Fifth Street (Cottage 134) Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $2,485,000 - $3,836,066

4 Beds
4 Baths
2,305 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $1,600,000 $694 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $19,763/month

280 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Community
  • Oglethorpe Point Elementary School Rated A
  • Spa
  • Waterfront

About This Home

As of March 2018

Location, location, location! Cottage 134 is situated on a large lot in a great location on 5th street, just a short walk to the beach, The Cloister, Beach Club and many other Sea Island amenities. Renovated in the 2013, this home has great natural light and open living spaces. Stainless steel appliances and granite counter tops in the updated kitchen. Two living areas, four bedrooms, four baths, and room for a pool. This is very a cute, Sea Island "beach" style cottage that is ready for you and your family to move in and make fun Sea Island memories. C-134 is hooked up to Sea Island sewer.

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 04/19/2017

Last Buyer's Agent

Linton West

Sea Island Properties License #332862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,507

Year Built

  • Built in 1952

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2,305 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Ocean Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-00470

Community Details

Overview

  • Private Membership Available
  • Sea Island Ex1 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,507

Year Built

Built in 1952

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: ,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to Fifth Street. Turn left onto Fifth Street and Cottage 134 is third on the left.
  • Architectural Style: Cottage, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Disposal, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Tray Ceiling(s), Coffered Ceiling(s)
  • Living Area: 2305.0
  • Stories: 1

Exterior Features

  • Lot Features: Flood Zone, Subdivision
  • Pool Features: Association
  • View: Ocean, Residential
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Brick, Wood Siding, Drywall
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Open, Patio
  • Roof: Shingle, Wood

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Laundry Features: Stacked
  • Security: Gated Community
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Beach Rights, Fitness Center, Gated, Playground, Private Membership, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 05-00470
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2938/389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Mar 1, 2018
Sold by
Lloyd Eric
Bought by
Ragnar Enterprises Llc
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Linton West
Sea Island Properties
List Price
$1,970,000
Sold Price
$1,600,000
Premium/Discount to List
-$370,000
-18.78%
Current Estimated Value
$3,280,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,680,517
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Mcintyre James Michael
Bought by
Lloyd Eric and Lloyd Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
New Conventional
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
Ragnar Enterprises Llc $1,600,000 --
Lloyd Eric $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lloyd Eric $1,000,000
Previous Owner Lloyd Eric $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $1,600,000 -18.8% $694 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,970,000 -- $855 / 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 $22,507 $891,760 $480,000 $411,760
2023 $18,763 $753,520 $480,000 $273,520
2022 $19,143 $753,520 $480,000 $273,520
2021 $19,115 $728,160 $480,000 $248,160
2020 $16,770 $632,160 $384,000 $248,160
2019 $15,506 $584,160 $336,000 $248,160
2018 $16,738 $630,960 $336,000 $294,960
2017 $16,738 $630,960 $336,000 $294,960
2016 $15,407 $630,960 $336,000 $294,960
2015 $13,214 $598,520 $312,000 $286,520
2014 $13,214 $538,200 $312,000 $226,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1583411

Golden Isles Association of REALTORS®

APN: 05-00470