NOT LISTED FOR SALE

308 Elizabeth Ln Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $311,000 - $6,195,460

6 Beds
7 Baths
4,230 Sq Ft
$910/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $2,200,000 $520 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $22,755/month

183 Days on Market

About This Home

As of February 2014

The two-story foyer opens to a formal living room with marble fireplace and a small dining area convenient to the adjacent kitchen. With old brick flooring and granite countertops, the kitchen is both spacious and functional, offering views of the patio, pool, and lagoon. A formal dining room and large den complete the first floor. The enormous downstairs master suite has his and hers closets, a marble bath with Jacuzzi tub and separate shower. The right hand staircase leads to a sitting area with a full bath. The left hand staircase leads to two additional bedrooms with a private bath. The middle staircase opens to a large sitting area separating the final two bedrooms, each with a bath. Cottage 278 is truly an ideal home for entertaining family and friends.

Last Agent to Sell the Property

Nancy Pandolfi

Sea Island Properties License #152022 Listed on: 07/16/2013

Last Buyer's Agent

Joe Wills

BHHS Hodnett Cooper Real Estate License #247268

BHHS Hodnett Cooper Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,077

Year Built

  • Built in 1973

Lot Details

  • 0.97 Acre Lot

Home Design

  • 4,230 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Community Details

  • No Home Owners Association
  • Sea Island Ex2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00087

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,077

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex2
  • Directions: Sea Island Drive to 33rd, turn left, top of T, turn right, third on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 4230.0

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 05-00087
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2021
Sold by
Raines Bruce R
Bought by
Hidden Oaks South Llc
Current Estimated Value
$3,850,487

Purchase Details

Closed on
Apr 16, 2019
Sold by
Raines Bianca A
Bought by
Raines Bruce R

Purchase Details

Listed on
Jul 16, 2013
Closed on
Feb 14, 2014
Sold by
Smith Robert H
Bought by
Raines Bruce R and Raines Bianca A
Seller's Agent
Nancy Pandolfi
Sea Island Properties
Buyer's Agent
Joe Wills
BHHS Hodnett Cooper Real Estate
List Price
$3,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,295,000
-37.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,320,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Ocean Water Properties Llc
Bought by
Smith Robert H

Purchase Details

Closed on
Aug 1, 2005
Sold by
Watermark Llc
Bought by
Ocean Water Properties 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
Hidden Oaks South Llc -- --
Raines Bruce R -- --
Raines Bruce R $2,200,000 --
Smith Robert H $3,300,000 --
Ocean Water Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raines Bruce R $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $2,200,000 -37.1% $520 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
07/16/2013 07/16/13 For Sale $3,495,000 -- $826 / 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 $28,077 $1,112,440 $677,960 $434,480
2023 $23,589 $948,640 $542,520 $406,120
2022 $24,785 $977,040 $601,920 $375,120
2021 $25,606 $977,040 $601,920 $375,120
2020 $24,131 $1,072,640 $512,160 $560,480
2019 $28,368 $1,072,640 $512,160 $560,480
2018 $23,507 $888,040 $512,160 $375,880
2017 $23,507 $888,040 $512,160 $375,880
2016 $21,633 $888,040 $512,160 $375,880
2015 $25,800 $876,240 $512,160 $364,080
2014 $25,800 $1,055,720 $512,160 $543,560
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Pandolfi

    Sea Island Properties

    (912) 230-8943

    1 in this area

    12 Total Sales

    Nancy Pandolfi
    Section Image

  • J

    Buyer's Agent in 2014

    Joe Wills

    BHHS Hodnett Cooper Real Estate

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1564626

Golden Isles Association of REALTORS®

APN: 05-00087

Georgia Glynn County Sea Island 31561 Sea Island

308 Elizabeth Ln, Sea Island, GA

This home is located at 308 Elizabeth Ln, Sea Island, GA 31561 since 16 July 2013 and is currently estimated at $3,850,487, approximately $910 per square foot. This property was built in 1973. 308 Elizabeth Ln 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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