NOT LISTED FOR SALE

Estimated Value: $6,549,000 - $9,573,000

4 Beds
6 Baths
6,110 Sq Ft
$1,354/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $8,250,000 $1,350 Per Sq Ft

Current estimated payment $50,088/month

19 Days on Market

Highlights

  • Beach
  • Outdoor Pool
  • Wood Flooring
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Golf Cart Garage

About This Home

As of August 2023

Welcome to cottage 487, this tranquil marsh front setting provides the peaceful retreat you've been looking for. Upon entering the front door you are welcomed by stunning views, the open floor plan is designed to highlight the marsh front beauty of coastal Georgia. The home offers the ideal layout for entertaining or gathering with family. The well appointed kitchen features a breakfast area and opens to a large family room. The primary bedroom is also designed to highlight the views and features a luxurious bathroom with heated floors. On the main level you will also find a bar/game room finished with gorgeous pecky cypress and everything you need to entertain guest. Going upstairs you have a second living room with wet bar along with 3 bedrooms all with en suite bath.

Last Agent to Sell the Property

Mackay Cate

Maritime Realty Group LLC License #365844 Listed on: 06/13/2023

Co-Listed By

Bonneau Ansley

Ansley Real Estate License #213204

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,616

Year Built

  • Built in 1993

Lot Details

  • 0.84 Acre Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Golf Cart Garage

Interior Spaces

  • 6,110 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Property Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-00639

Community Details

Overview

  • Sea Island Ex2 Subdivision

Recreation

  • Beach

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,616

Year Built

Built in 1993

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Lot Size: ,,,
  • Co List Office Mls Id: 1245
  • Co List Office Phone: 404-480-4663
  • Subdivision Name: Sea Island Ex2
  • Directions: After entering the gates of Sea Island continue to 56th street, cottage 487 is at the end of street to left
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood, Water Softener
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Elevator, Fireplace, Cable TV
  • Living Area: 6110.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Pool
  • View: Marsh View
  • View: Yes
  • Waterfront Features: Beach Access
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Exterior Features: Fire Pit, Gas Grill, Outdoor Shower
  • Patio And Porch Features: Open, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Golf Cart Garage

Utilities

  • Security: Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated, Sidewalks
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 36590.0
  • Parcel #: 05-00639
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 11, 2023
Sold by
Sea Island Cottage Llc
Bought by
Kailbourne Beth A and Kailbourne Erland D
Seller's Agent
Mackay Cate
Maritime Realty Group LLC
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$8,500,000
Sold Price
$8,250,000
Premium/Discount to List
-$250,000
-2.94%
Views
81
Current Estimated Value
$8,272,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,216
Avg. Annual Appreciation
-0.23%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Paul William
Bought by
Sea Island Cottage Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
The Bank Of New York Trust Company
Bought by
Paul William

Purchase Details

Closed on
Nov 8, 2006
Sold by
Clark Henry Cartan
Bought by
Clark Henry Cartan and Clark Helen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Kailbourne Beth A $8,250,000 --
Sea Island Cottage Llc -- --
Paul William $1,580,000 --
The Bank Of New York Mellon Trust Compan -- --
Clark Henry Cartan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $8,250,000 -2.9% $1,350 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $8,500,000 -- $1,391 / 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 $74,616 $2,956,360 $772,200 $2,184,160
2023 $44,802 $1,806,280 $526,520 $1,279,760
2022 $45,575 $2,145,720 $526,520 $1,619,200
2021 $47,090 $1,800,800 $294,840 $1,505,960
2020 $34,064 $1,289,000 $526,520 $762,480
2019 $33,140 $1,253,880 $491,400 $762,480
2018 $26,614 $1,006,040 $491,400 $514,640
2017 $28,045 $1,060,400 $561,600 $498,800
2016 $23,604 $969,400 $561,600 $407,800
2015 $21,487 $969,400 $561,600 $407,800
2014 $21,487 $878,360 $561,600 $316,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1640486

Golden Isles Association of REALTORS®

APN: 05-00639