NOT LISTED FOR SALE

24 Sea Island Lake Cottages Dr Saint Simons Island, GA 31522

Estimated Value: $895,000 - $3,400,030

0.2 Acre
$12,601,715 Price per Acre
9,235 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $332,142

Est. 659% increase in value since last sale

Current estimated payment $15,408/month

24 Days on Market

About This Lot

As of October 2021

Multiple lots sold together. Entered for comp purposes.

Last Agent to Sell the Property

Victor Long

Banker Real Estate License #358373 Listed on: 09/03/2021

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373 Listed on: 09/03/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,394

Lot Details

  • 9,235 Sq Ft Lot

Community Details

  • Sea Island Lake Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-13475

Property Details

Property Type

Land

Est. Annual Taxes

$3,394

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: ,,,
  • Subdivision Name: Sea Island Lake Cottages
  • Directions: Enter Sea Island Lake Cottages from Sea Island Road.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure

Lot Info

  • Lot Size Sq Ft: 9235.0
  • Parcel #: 04-13475
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3394.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Vcyojo Llc
Bought by
Clark David D and Clark Melissa
Current Estimated Value
$2,520,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Outstanding Balance
$1,548,670
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$971,673

Purchase Details

Closed on
Feb 15, 2022
Sold by
Lake Cottages Investors Llc
Bought by
Vcyojo Llc

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 27, 2021
Sold by
Pinehurst Lake Cottages Investments Llc
Bought by
Vcyojo Llc
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$332,145
Sold Price
$332,143
Premium/Discount to List
-$2
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.26%

Purchase Details

Closed on
Jun 16, 2017
Bought by
Pinehurst Lake Cottages Invest

Purchase Details

Closed on
Aug 30, 2007
Sold by
Sea Island Coastal Propert
Bought by
Lake Cottages Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Clark David D $2,475,000 --
Vcyojo Llc -- --
Vcyojo Llc $2,325,000 --
Pinehurst Lake Cottages Invest -- --
Lake Cottages Iii Llc $4,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark David D $1,625,000
Previous Owner Lake Cottages Iii Llc $2,730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $332,143 0.0% --
09/27/2021 09/27/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $332,145 -- --
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 $23,915 $953,600 $180,000 $773,600
2023 $11,281 $453,960 $110,000 $343,960
2022 $2,759 $110,000 $110,000 $0
2021 $2,845 $110,000 $110,000 $0
2020 $2,872 $110,000 $110,000 $0
2019 $2,872 $110,000 $110,000 $0
2018 $2,872 $110,000 $110,000 $0
2017 $2,872 $110,000 $110,000 $0
2016 $2,640 $110,000 $110,000 $0
2015 $1,722 $165,600 $165,600 $0
2014 $1,722 $71,466 $71,466 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Victor Long

    Banker Real Estate

    (912) 266-2650

    145 in this area

    170 Total Sales

    Victor Long
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1629870

Golden Isles Association of REALTORS®

APN: 04-13475

Georgia Glynn County Saint Simons Island 31522

24 Sea Island Lake Cottages Dr, Saint Simons Island, GA

This home is located at 24 Sea Island Lake Cottages Dr, Saint Simons Island, GA 31522 since 03 September 2021 and is currently estimated at $2,520,343. 24 Sea Island Lake Cottages Dr is a home located in Glynn County with nearby schools including St. Simons 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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