$5,675,000
SOLD FEB 24, 2023

268 River Club Dr Unit C Sea Island, GA 31561

Sea Island Neighborhood
5 Beds
5.5 Baths
4,288 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$1,323 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Family Room with Fireplace
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of February 2023

River House on 5th Street is a 5 bedroom , 5.5 bath, three story completely furnished townhome that is within walking distance of all of the Sea Island amenities such as the Beach Club, Cloister and The Spa. Interior features include hardwood floors, a gourmet kitchen with a six-burner Thermador gas range, and all Thermador appliances, beautiful custom cabinetry, and Island. The living room and dining room are coupled together and have a gas fireplace, beamed ceilings and a wet bar. There is also an elevator for your convenience. All bedrooms are upstairs, and each bedroom comes with an en suite bath. The large primary bedroom has a private balcony, beamed ceilings and the primary bath consists of double sinks, a separate shower, and a soaking tub. This beautiful Townhome also features a loggia that has a fireplace, lots of outdoor seating and dining options and a view of your very own private pool. There is plenty of outdoor space and the lush, landscaped grounds are meticulously maintained. More pictures coming soon.

Last Agent to Sell the Property

Brin Meredith

Sea Island Properties License #171868 Listed on: 01/18/2023

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a freeway
  • Fenced
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • 4,288 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-01341

Community Details

Overview

  • Association Phone (912) 638-5102
  • The River House Subdivision

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: ,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Asphalt
  • Subdivision Name: The River House
  • Directions: Take Sea Island Road through the Security gatehouse onto Sea Island. Take a left on fifth street and the River House is on your right.
  • Architectural Style: Spanish
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2016
  • Property Sub Type Additional: Townhouse
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Gourmet Kitchen, Kitchen Island, Ceiling Fan(s), Elevator, Fireplace
  • Living Area: 4288.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Masonry, Fenced
  • Lot Features: Landscaped, Sprinkler System
  • Pool Features: In Ground, Pool
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Covered Patio, Courtyard
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Patio
  • Roof: Slate, Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage Door Opener, Paved, Parking Space(s)
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Hall, Laundry Room, Upper Level
  • Security: Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Gated, Street Lights, Sidewalks
  • Phone: 912-638-5102

Lot Info

  • Parcel #: 05-01341
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1523054.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 24, 2023
Sold by
Cakebread Properties Llc
Bought by
Nql Investments Llc
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$5,750,000
Sold Price
$5,675,000
Premium/Discount to List
-$75,000
-1.3%
Views
33
Current Estimated Value
$5,388,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$286,386
Avg. Annual Appreciation
-2.01%
Original Mortgage
$2,812,500
Outstanding Balance
$2,721,560
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$2,667,054

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 4, 2020
Sold by
Sea Island River House Llc
Bought by
Cakebread Properties Llc
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
Brin Meredith
Sea Island Properties
List Price
$3,795,000
Sold Price
$3,425,000
Premium/Discount to List
-$370,000
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%

Purchase Details

Listed on
Jun 17, 2015
Closed on
May 5, 2017
Sold by
Sea Island Investors Llc
Bought by
Sea Island River House Llc
Seller's Agent
Linton West
Sea Island Properties
Buyer's Agent
Brin Meredith
Sea Island Properties
List Price
$2,850,000
Sold Price
$3,125,000
Premium/Discount to List
$275,000
9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$2,656,250
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,675,000 --
Warranty Deed $3,425,000 --
Limited Warranty Deed $3,125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,812,500 New Conventional
Previous Owner $2,656,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $5,675,000 -1.3% $1,323 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $5,750,000 +67.9% $1,341 / Sq Ft
08/04/2020 08/04/20 Sold $3,425,000 -9.7% $833 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
07/01/2019 07/01/19 For Sale $3,795,000 +21.4% $923 / Sq Ft
05/05/2017 05/05/17 Sold $3,125,000 +9.6% $760 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
06/17/2015 06/17/15 For Sale $2,850,000 -- $693 / 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 $40,883 $1,619,840 $320,000 $1,299,840
2023 $35,021 $1,415,920 $320,000 $1,095,920
2022 $35,736 $1,415,920 $320,000 $1,095,920
2021 $34,639 $1,328,200 $320,000 $1,008,200
2020 $28,952 $1,099,600 $149,360 $950,240
2019 $25,044 $1,119,000 $149,360 $969,640
2018 $29,463 $1,119,000 $149,360 $969,640
2017 $26,837 $1,019,240 $149,360 $869,880
2016 $3,618 $149,360 $149,360 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1637919

Golden Isles Association of REALTORS®

APN: 05-01341