NOT LISTED FOR SALE

27 Coast Cottage Ln Saint Simons Island, GA 31522

Estimated Value: $1,139,434 - $1,424,000

3 Beds
2 Baths
1,122 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $495,000 $441 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $8,139/month

479 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of June 2013

Missoe Cottage is a bungalow style beach house in the classic tradition. Just a short walk to the ocean along Coast Cottage' charming brick road, Missoe features a large screened front porch to capture gentle sea breezes. Once inside, you'll enter the roomy living/dining area with its vaulted ceiling. The first floor also has a full kitchen, full bath and two guest bedrooms. Upstairs you'll find a cozy sitting area outside the master suite and a full bath. Missoe Cottage enjoys an excellent history of rental income. Ownership includes use of Coast Cottages'fabulous beachside pool, pavilion & dune overwalk. For long, sweet summers in St. Simons' favorite beach front neighborhood, Missoe Cottage is your most affordable choice.

Last Agent to Sell the Property

Patrick Anderson

Patrick Anderson and Associates License #212861 Listed on: 01/13/2012

Last Buyer's Agent

Patrick Anderson

Patrick Anderson and Associates License #212861 Listed on: 01/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,321

Year Built

  • Built in 1994

Lot Details

  • 2,880 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Zoning described as Resort

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Screened Porch
  • Wood Flooring
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Assigned Parking

Pool

  • Outdoor Shower

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-09708

Community Details

Overview

  • Association fees include recreation facilities, reserve fund
  • Coast Cottages Subdivision

Amenities

  • Community Gazebo

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,321

Year Built

Built in 1994

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 36,36,80,80
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Coast Cottages
  • Directions: Take Ocean Boulevard to Olive Way. Go East on Olive Way for 1 block. Then Left on Wood Avenue for 1 block. Then Right on Coast Cottage Lane. Missoe Cottage is the 6th house on the right.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s)
  • Living Area: 1122.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Flood Zone, Interior Lot, Subdivision, Landscaped
  • Pool Features: Association
  • View: Ocean, Residential
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Wood Siding, Drywall
  • Exterior Features: Outdoor Shower
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Parking Space(s), On Street

Utilities

  • Laundry Features: Stacked
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Rights, Gazebo, Pool, Pets Allowed
  • Association Fee: 1350.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, Recreation Facilities, Reserve Fund

Lot Info

  • Lot Size Sq Ft: 2880.0
  • Parcel #: 04-09708
  • Zoning Description: Resort
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Jun 5, 2013
Sold by
Farrell Carole M
Bought by
Anderson Patrick J
Seller's Agent
Patrick Anderson
Patrick Anderson and Associates
Buyer's Agent
Patrick Anderson
Patrick Anderson and Associates
List Price
$595,000
Sold Price
$495,000
Premium/Discount to List
-$100,000
-16.81%
Current Estimated Value
$1,346,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,109
Avg. Annual Appreciation
7.87%
Original Mortgage
$420,750
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Anderson Patrick J $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Anderson Patrick J $420,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $495,000 -16.8% $441 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $595,000 -- $530 / 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 $9,321 $371,680 $200,000 $171,680
2023 $7,350 $294,000 $120,000 $174,000
2022 $6,357 $248,480 $120,000 $128,480
2021 $5,598 $211,640 $120,000 $91,640
2020 $5,651 $211,640 $120,000 $91,640
2019 $5,651 $211,640 $120,000 $91,640
2018 $5,651 $211,640 $120,000 $91,640
2017 $5,651 $211,640 $120,000 $91,640
2016 $5,204 $211,640 $120,000 $91,640
2015 $4,658 $188,080 $120,000 $68,080
2014 $4,658 $188,080 $120,000 $68,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1557242

Golden Isles Association of REALTORS®

APN: 04-09708