NOT LISTED FOR SALE

331 Elizabeth Ln Unit (Lot 39) Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $6,011,000 - $8,452,000

0.6 Acre
$12,953,815 Price per Acre
26,136 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $825,000

Est. 842% increase in value since last sale

Current estimated payment $49,103/month

101 Days on Market

Highlights

  • Gated Community
  • Private Membership Available
  • Trails
  • Oglethorpe Point Elementary School Rated A
  • Security Service

About This Lot

As of March 2019

Just a short bike ride or walk to The Cloister, Beach Club and Spa. Oversized Corner lot - approx 170x155. Nice tree canopies and privacy. A great Sea Island homesite.

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/13/2018

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/13/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,341

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 05-00088

Community Details

Overview

  • Private Membership Available
  • Sea Island Property Owners Assoc. Association
  • Sea Island Ex1 Subdivision

Recreation

  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,341

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Lot Size: 173,174,149,149
  • Road Frontage Type: Freeway
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Drive to West 33rd st. Last lot on right before you get to Elizabeth Lane.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Flood Zone, Subdivision
  • View: Other, Residential
  • Waterfront: No

Utilities

  • Security: Security Service

Condo/Co-op/Association

  • Community Features: Gated, Street Lights, Sidewalks, Trails/Paths
  • Amenities: Private Membership
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association Name: Sea Island Property Owners Assoc.
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 26130.0
  • Parcel #: 05-00088
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8341.34
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Mj Elizabeth Land Llc
Bought by
Wettach Lukens Ann and Pennell Lukens Howard
Current Estimated Value
$7,772,289

Purchase Details

Closed on
Jun 10, 2022
Sold by
Berte Michael R
Bought by
Mj Elizabeth Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,887,500
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2021
Sold by
Lakadama Properties Llc
Bought by
Berte Family Tr

Purchase Details

Listed on
Nov 13, 2018
Closed on
Mar 25, 2019
Sold by
Mccaffrey R Lawrence
Bought by
Lakadama Properties Llc
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.01%
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
Wettach Lukens Ann $8,300,000 --
Mj Elizabeth Lane Llc -- --
Mj Elizabeth Lane Llc $8,125,000 --
Berte Family Tr $2,850,000 --
Lakadama Properties Llc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mj Elizabeth Lane Llc $5,887,500
Previous Owner Lakadama Properties Llc $1,700,000
Previous Owner Lakadama Properties Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $825,000 -7.8% --
02/23/2019 02/23/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $895,000 -- --
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 $73,984 $2,931,320 $704,000 $2,227,320
2023 $72,837 $2,939,760 $492,800 $2,446,960
2022 $46,229 $1,831,720 $492,800 $1,338,920
2021 $14,560 $558,280 $492,800 $65,480
2020 $8,341 $316,800 $316,800 $0
2019 $8,341 $316,800 $316,800 $0
2018 $8,341 $316,800 $316,800 $0
2017 $7,415 $281,600 $281,600 $0
2016 $6,820 $281,600 $281,600 $0
2015 $6,849 $281,600 $281,600 $0
2014 $6,849 $281,600 $281,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Dunn

    Seller's Agent in 2019

    Patrick Dunn

    Sea Island Properties

    (912) 638-5838

    151 in this area

    225 Total Sales

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1604026

Golden Isles Association of REALTORS®

APN: 05-00088

Georgia Glynn County Sea Island 31561 Sea Island

331 Elizabeth Ln Unit (Lot 39), Sea Island, GA

This home is located at 331 Elizabeth Ln Unit (Lot 39), Sea Island, GA 31561 since 13 November 2018 and is currently estimated at $7,772,289. 331 Elizabeth Ln Unit (Lot 39) 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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