NOT LISTED FOR SALE

324 Thirty First Street (Cottage 369) Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $1,375,000 - $4,860,544

4 Beds
4.5 Baths
4,796 Sq Ft
$655/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $775,000 $162 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $18,903/month

863 Days on Market

Highlights

  • Lake View
  • Oglethorpe Point Elementary School Rated A
  • No HOA

About This Home

As of May 2018

Looking for a cottage with an open floor plan, tons of light and a great lagoon view? Cottage 369 fits the bill perfectly. Just under 5,000 square feet, the cottage offers four bedrooms, all with private bath, a half bath, massive kitchen and a truly open palate for decorating. Towering natural wood beamed ceilings and a wall of windows on the lagoon bring the outdoors in, and the double sided kitchen opens up to a great room with rich terra cotta tiles and a large fireplace. The architectural details are striking and grand, both inside and out. A little updating can turn Cottage 369 into a spectacular Sea Island retreat.

Last Agent to Sell the Property

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 11/23/2015

Last Buyer's Agent

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 11/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,329

Year Built

  • Built in 1980

Lot Details

  • 0.75 Acre Lot

Interior Spaces

  • 4,796 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association
  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00066

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,329

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex1
  • Directions: Take Sea Island Drive to 31st Street. Turn left, home is 6th on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4796.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 05-00066
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
May 4, 2018
Sold by
Franklin Street Trust Co T
Bought by
Cochran James and Cochran Mary Alice
Seller's Agent
R. Don Lewis, Jr.
Sea Island Properties
Buyer's Agent
R. Don Lewis, Jr.
Sea Island Properties
List Price
$1,950,000
Sold Price
$775,000
Premium/Discount to List
-$1,175,000
-60.26%
Current Estimated Value
$3,143,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,368,136
Original Mortgage
$542,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2017
Bought by
Franklin Street Trust Co Trust
Source: Public Records

Range of Values:

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Average Value
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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
Cochran James $775,000 --
Cochran James -- --
Franklin Street Trust Co Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran James $500,000
Closed Cochran James $542,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $775,000 -60.3% $162 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
11/23/2015 11/23/15 For Sale $1,950,000 -- $407 / 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 $21,329 $845,080 $531,320 $313,760
2023 $11,049 $728,360 $425,040 $303,320
2022 $11,665 $728,360 $425,040 $303,320
2021 $12,050 $709,560 $425,040 $284,520
2020 $11,415 $428,800 $386,400 $42,400
2019 $14,235 $630,480 $386,400 $244,080
2018 $14,583 $549,120 $386,400 $162,720
2017 $14,583 $549,120 $386,400 $162,720
2016 $13,425 $549,120 $386,400 $162,720
2015 $13,202 $537,720 $386,400 $151,320
2014 $13,202 $537,720 $386,400 $151,320
Source: Public Records

Agents Affiliated with this Home

  • R. Don Lewis, Jr.

    Seller's Agent in 2018

    R. Don Lewis, Jr.

    Sea Island Properties

    (912) 222-4575

    39 in this area

    81 Total Sales

    R. Don Lewis, Jr.
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1576389

Golden Isles Association of REALTORS®

APN: 05-00066

Georgia Glynn County Sea Island 31561 Sea Island

324 Thirty First Street (Cottage 369), Sea Island, GA

This home is located at 324 Thirty First Street (Cottage 369), Sea Island, GA 31561 since 23 November 2015 and is currently estimated at $3,143,136, approximately $655 per square foot. This property was built in 1980. 324 Thirty First Street (Cottage 369) 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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