NOT LISTED FOR SALE

370 W 40th St Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $4,896,000 - $5,621,000

4 Beds
4.5 Baths
5,216 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $3,175,000 $609 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $31,870/month

26 Days on Market

Highlights

  • Docks
  • Water Access
  • Creek or Stream View
  • Oglethorpe Point Elementary School Rated A
  • Heated In Ground Pool
  • Private Membership Available

About This Home

As of December 2016

Enjoy sunset views over the marsh/river and tidal creek from this gorgeous Tuscan style home with high-end, updated finish and fixtures. Wide doorways, wood planked and beamed ceiling and fireplace give the living room a cozy feel. Also downstairs is a formal dining room with fireplace, modern kitchen, half bath, laundry room, a guest suite, and master suite. Upstairs you will find an office with fireplace and two more guest suites. Cottage 481 offers a desirable floor plan with great flow for families and entertaining. Enjoy the backyard under either of the covered porches or patio that overlooks the heated pool and a dock on the tidal creek. Home is handicap accessible. This cottage is a must see and one of only a few move-in ready cottages offered on the beautiful Sea Island marsh!

Last Agent to Sell the Property

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/03/2016

Last Buyer's Agent

Patrick Dunn

Sea Island Properties License #295702 Listed on: 11/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,789

Year Built

  • Built in 1992

Lot Details

  • 0.64 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Zoning described as Res Single

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Block Exterior

Interior Spaces

  • 5,216 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Creek or Stream Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Docks
  • Open Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Phone Available
  • Cable TV Available

Community Details

  • Private Membership Available
  • Sea Island Ex1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,789

Year Built

Built in 1992

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Lot Size: ,170,228,
  • Road Surface Type: Paved
  • Subdivision Name: Sea Island Ex1
  • Directions: Sea Island Road to the turn-about at Ocean Forest. Follow turnabout to the left to Oglethorpe Drive. Turn left on 40th Street and go to end of street, turn left and Cottage 481 will be second house on the right - 370 W. 40th St.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Gas Log, Library, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Crown Molding, High Ceilings, Painted Woodwork, Vaulted Ceiling(s)
  • Living Area: 5216.0
  • Stories: 3

Exterior Features

  • Lot Features: Cul-De-Sac, Flood Zone, Wetlands, Landscaped
  • Pool Features: Heated, In Ground, Pool
  • View: Marsh View, Creek/Stream, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Deep Water, Water Access, Bulkhead, Seawall
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Brick, Block, Drywall
  • Exterior Features: Balcony, Dock, Porch, Sprinkler/Irrigation
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Septic Available

Condo/Co-op/Association

  • Community Features: Handicap Access
  • 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 #: 05-00018
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Dec 29, 2016
Sold by
Nancy N
Bought by
Fownes Richard Mckenna Joy
Seller's Agent
Patrick Dunn
Sea Island Properties
Buyer's Agent
Patrick Dunn
Sea Island Properties
List Price
$3,350,000
Sold Price
$3,175,000
Premium/Discount to List
-$175,000
-5.22%
Current Estimated Value
$5,225,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,050,133
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Oct 31, 2007
Sold by
Reiser Margaret C
Bought by
Coverdell Nancy N
Source: Public Records

Range of Values:

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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
Fownes Richard Mckenna Joy $3,175,000 --
Coverdell Nancy N $3,103,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $3,175,000 -5.2% $609 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $3,350,000 -- $642 / 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 $49,789 $1,972,720 $830,280 $1,142,440
2023 $42,531 $1,714,480 $566,120 $1,148,360
2022 $43,397 $1,714,480 $566,120 $1,148,360
2021 $36,461 $1,393,240 $317,000 $1,076,240
2020 $31,600 $1,195,400 $603,840 $591,560
2019 $31,600 $1,195,400 $603,840 $591,560
2018 $30,965 $1,171,280 $603,840 $567,440
2017 $30,965 $1,171,280 $603,840 $567,440
2016 $17,583 $728,120 $476,000 $252,120
2015 $17,522 $725,600 $476,000 $249,600
2014 $17,522 $725,600 $476,000 $249,600
Source: Public Records

Agents Affiliated with this Home

  • Patrick Dunn

    Seller's Agent in 2016

    Patrick Dunn

    Sea Island Properties

    (912) 638-5838

    145 in this area

    213 Total Sales

    Patrick Dunn
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1580997

Golden Isles Association of REALTORS®

APN: 05-00018

Georgia Glynn County Sea Island 31561 Sea Island

370 W 40th St, Sea Island, GA

This home is located at 370 W 40th St, Sea Island, GA 31561 since 03 November 2016 and is currently estimated at $5,225,133, approximately $1,001 per square foot. This property was built in 1992. 370 W 40th St 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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