NOT LISTED FOR SALE

2720 Sea Island Drive (East 28th St) Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $5,896,000 - $8,531,515

0.47 Acre
$14,886,889 Price per Acre
20,473 Sq Ft Lot

Last Sold March 06, 2015

Last sale price $1,200,000

Est. 483% increase in value since last sale

Current estimated payment $42,127/month

174 Days on Market

About This Lot

As of March 2015

150x150 lot on Sea Island Drive. Cleared lot, generous size and ready to build your home. Sea Island application rights. East side of the Sea Island Drive (more desirable to buyers).

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 08/14/2014

Last Buyer's Agent

Linton West

Sea Island Properties License #332862

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57,973

Lot Details

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

HOA Fees

  • $18 Monthly HOA Fees

Schools

  • Oglethorpe Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Community Details

  • Private Membership Available
  • Sea Island Ex1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$57,973

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.47
  • Lot Size: 150,150,0,0
  • Road Frontage Type: Freeway
  • Subdivision Name: Sea Island Ex1
  • Directions: Travel Sea Island Drive. Homiest is on SE corner of Sea Island Drive and 28th Street.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Flood Zone
  • View: Residential
  • Waterfront: No

Condo/Co-op/Association

  • Amenities: Private Membership
  • Association Fee: 220.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oglethorpe
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Parcel #: 00-0000
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Mar 6, 2015
Sold by
Tarrasch Michael A
Bought by
Pin High Linville Llc
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Linton West
Sea Island Properties
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Current Estimated Value
$6,996,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,796,838
Avg. Annual Appreciation
17.80%

Purchase Details

Closed on
Jul 11, 2013
Sold by
Rl Bb Acq Ii Sc Myrtle Bea
Bought by
Tarrasch Michael A

Purchase Details

Closed on
Oct 4, 2011
Sold by
Mcdonald Kenneth F
Bought by
Rl Bb Acq Ii Sc Myrtle Beach Llc
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
Pin High Linville Llc $1,200,000 --
Tarrasch Michael A $960,000 --
Rl Bb Acq Ii Sc Myrtle Beach Llc $869,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pin High Linville Llc $2,000,000
Previous Owner Mcdonald Kenneth F $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $1,200,000 -11.1% --
02/04/2015 02/04/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $1,350,000 -- --
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 $57,973 $2,296,960 $855,000 $1,441,960
2023 $45,880 $1,849,880 $855,000 $994,880
2022 $57,754 $2,283,320 $855,000 $1,428,320
2021 $30,858 $1,178,400 $421,800 $756,600
2020 $31,152 $1,178,400 $421,800 $756,600
2019 $16,674 $1,250,960 $421,800 $829,160
2018 $16,549 $628,520 $410,400 $218,120
2017 $10,806 $410,400 $410,400 $0
2016 $9,940 $410,400 $410,400 $0
2015 $9,011 $370,520 $370,520 $0
2014 $9,011 $370,520 $370,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1569994

Golden Isles Association of REALTORS®

APN: 05-00176