NOT LISTED FOR SALE

236 W Eighth Street (Cottage 224) Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $4,470,000 - $6,212,750

5 Beds
6.5 Baths
6,277 Sq Ft
$895/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $2,090,000 $333 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $33,432/month

272 Days on Market

Highlights

  • Marina
  • Spa
  • Living Room with Fireplace
  • Oglethorpe Point Elementary School Rated A
  • Waterfront
  • Wood Flooring

About This Home

As of January 2016

Located on desirable Eighth Street, just a short walk to The Cloister, Spa, Beach Club and the Atlantic Ocean,this five bedroom home is a classic Sea Island retreat. This home offers an abundance of natural light with large “window walls,” bay windows and an impressive solarium. The first level boasts a formal dining room, living room, library, open kitchen and breakfast nook. The grand master suite features his- and her-bathrooms, a sitting area with a fireplace and ample closet space. This traditional family-style home is situated on a large,well landscaped home site.

Last Agent to Sell the Property

Brin Meredith

Sea Island Properties License #171868 Listed on: 03/26/2015

Last Buyer's Agent

Nancy Pandolfi

Sea Island Properties License #152022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,657

Year Built

  • Built in 1967

Lot Details

  • 0.74 Acre Lot
  • Waterfront
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 6,277 Sq Ft Home
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 05-00495

Community Details

Overview

  • No Home Owners Association
  • Sea Island Ex1 Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,657

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Lot Size: 0,0,0,0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to West 8th, turn left and it's the third cottage on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Library, Living Room, Master Bedroom
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tray Ceiling(s), Crown Molding, Coffered Ceiling(s)
  • Living Area: 6277.0

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • Waterfront: Yes
  • Construction Type: Brick, Shake Siding, Wood Siding, Drywall
  • Exterior Features: Covered Patio
  • Patio And Porch Features: Covered, Open, Patio

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Available, Phone Available, Septic Available

Condo/Co-op/Association

  • Amenities: Beach Rights, Marina, Golf Course, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel #: 05-00495
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jan 22, 2016
Sold by
Riverplace Holdings Partne
Bought by
Cottage 224 Llc
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
Nancy Pandolfi
Sea Island Properties
List Price
$2,350,000
Sold Price
$2,090,000
Premium/Discount to List
-$260,000
-11.06%
Current Estimated Value
$5,619,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,529,583
Avg. Annual Appreciation
10.68%
Original Mortgage
$1,672,000
Outstanding Balance
$1,303,964
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$4,315,619

Purchase Details

Closed on
Jan 31, 2014
Sold by
Riverplace Holdings Partne
Bought by
Brandt Robert S and Brandt Hilary M

Purchase Details

Closed on
Dec 20, 2011
Sold by
Boardman Ann Carter Burdell
Bought by
Riverplace Holdings Partnership Lllp

Purchase Details

Closed on
Jun 20, 2008
Sold by
Boardman Victoria Goodwin
Bought by
Boardman Braye C

Purchase Details

Closed on
Jun 9, 2008
Sold by
Brown Maxcy Paul
Bought by
Brown Carter B and Brown Boardman

Purchase Details

Closed on
Apr 24, 2008
Sold by
Willig Caldwell Russell
Bought by
Willig Hollis Boradman

Purchase Details

Closed on
Jan 2, 2008
Sold by
Boardman Ann Carter B
Bought by
Boardman Clayton P and Boardman Braye C

Purchase Details

Closed on
Dec 21, 2007
Sold by
Boardman Ann Carter B
Bought by
Boardman Clayton P and Willing Ann Lawson

Purchase Details

Closed on
Dec 3, 2007
Sold by
Boardman Clayton P
Bought by
Boardman Ann
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
Cottage 224 Llc $2,090,000 --
Brandt Robert S $1,275,000 --
Riverplace Holdings Partnership Lllp -- --
Boardman Braye C -- --
Brown Carter B -- --
Willig Hollis Boradman -- --
Boardman Clayton P -- --
Boardman Clayton P -- --
Boardman Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottage 224 Llc $1,672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $2,090,000 -11.1% $333 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $2,350,000 -- $374 / 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 $43,657 $1,729,760 $966,000 $763,760
2024 $38,319 $1,518,240 $840,000 $678,240
2023 $31,533 $1,269,840 $840,000 $429,840
2022 $32,174 $1,269,840 $840,000 $429,840
2021 $32,463 $1,239,960 $840,000 $399,960
2020 $28,350 $1,071,960 $672,000 $399,960
2019 $26,138 $987,960 $588,000 $399,960
2018 $26,138 $987,960 $588,000 $399,960
2017 $22,137 $836,000 $516,000 $320,000
2016 $20,064 $968,520 $588,000 $380,520
2015 $20,710 $926,520 $546,000 $380,520
2014 $20,710 $846,440 $546,000 $300,440
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brin Meredith

    Sea Island Properties

    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Pandolfi

    Sea Island Properties

    (912) 230-8943

    1 in this area

    12 Total Sales

    Nancy Pandolfi
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1572930

Golden Isles Association of REALTORS®

APN: 05-00495

Georgia Glynn County Sea Island 31522 Sea Island

236 W Eighth Street (Cottage 224), Sea Island, GA

This home is located at 236 W Eighth Street (Cottage 224), Sea Island, GA 31561 since 26 March 2015 and is currently estimated at $5,619,583, approximately $895 per square foot. This property was built in 1967. 236 W Eighth Street (Cottage 224) is a home located in Glynn County with nearby schools including Oglethorpe Point Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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