NOT LISTED FOR SALE

46 Southerland Lane (Lot 108) Saint Simons Island, GA 31522

Estimated Value: $3,469,000 - $5,729,000

2.43 Acres
$1,783,252 Price per Acre
105,851 Sq Ft Lot

Last Sold December 12, 2019

Last sale price $300,000

Est. 1,344% increase in value since last sale

Current estimated payment $26,657/month

1,744 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Community Lake
  • Oglethorpe Point Elementary School Rated A
  • Private Membership Available

About This Lot

As of December 2019

Expansive lake views on a beautiful 2.43 acre home site in Frederica on desirable Southerland Lane. Offering over 500 feet of lake frontage with north and western orientations and views to the golf course from the right side of the property, this home site is a one of a kind. Located on Southerlan Lane in Frederica Township, this home site is on the lake with convenient access to all that Frederica has to offer. A celebrated and prestigious private club, Frederica offers an impressive list of amenities including fine dining, tennis, fitness center, boating, fishing and swimming. A Tom Fazio designed golf course complete with new golf learning center provides for an extraordinary golfing experience each time out on the course. Call for more information or to schedule a personal tour.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 02/02/2015

Co-Listed By

Thomas Elsberry

Frederica Realty License #11810

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 02/02/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,077

Lot Details

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

HOA Fees

  • $350 Monthly HOA Fees

Schools

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

Additional Features

  • Lake Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-12722

Community Details

Overview

  • Private Membership Available
  • Frederica Township Association, Phone Number (912) 634-1500
  • Frederica Golf Club Subdivision
  • Community Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$41,077

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.43
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1143
  • Co List Office Phone: 912-634-1500
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left hand turn into the stables property. The Real Estate office is located on the stables property. Lot 108 is located within the Frederica Township on beautiful Southerland Lane.
  • Carport Y N: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: 1 to 5 Acres, Flood Zone
  • View: Lake
  • View: Yes
  • Waterfront Features: Dock Access, Lake
  • Waterfront: No

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Sewer Connected, Septic Available, Underground Utilities
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Amenities: Gated, Private Membership
  • Association #2 Fee: 4200.0
  • Association #2 Fee Frequency: Annually
  • Association: Frederica Township
  • Association Phone #2: 912-634-1500

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Parcel #: 04-12722
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Frederica Cove Limited Liability Co
Bought by
Wallace Tonya M and Tonya M Wallace Living Trust
Current Estimated Value
$4,333,303

Purchase Details

Listed on
Feb 2, 2015
Closed on
Dec 12, 2019
Sold by
Carter William B
Bought by
Frederica Cove Llc and C/O Sapp Charles Patrick
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$650,000
Sold Price
$300,000
Premium/Discount to List
-$350,000
-53.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Jeffrey O Capes Investment
Bought by
Carter William B and Carter Linda J

Purchase Details

Closed on
Jan 24, 2005
Sold by
Sea Island Coastal Propert
Bought by
Jeffrey O Capes Investments Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,352,950
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Wallace Tonya M $550,000 --
Frederica Cove Llc $300,000 --
Carter William B $440,000 --
Jeffrey O Capes Investments Ll $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeffrey O Capes Investments Ll $1,352,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $300,000 -53.8% --
11/12/2019 11/12/19 Pending -- -- --
02/02/2015 02/02/15 For Sale $650,000 -- --
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 $41,077 $1,637,920 $180,000 $1,457,920
2023 $4,423 $180,000 $180,000 $0
2022 $3,511 $140,000 $140,000 $0
2021 $2,896 $112,000 $112,000 $0
2020 $2,611 $100,000 $100,000 $0
2019 $3,655 $140,000 $140,000 $0
2018 $4,700 $180,000 $180,000 $0
2017 $4,700 $180,000 $180,000 $0
2016 $4,320 $180,000 $180,000 $0
2015 $4,097 $176,000 $176,000 $0
2014 $4,097 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller Co-Listing Agent in 2019

    Thomas Elsberry

    Frederica Realty

    (404) 213-7665

    78 Total Sales

    Thomas Elsberry
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1572305

Golden Isles Association of REALTORS®

APN: 04-12722

Georgia Glynn County Saint Simons Island 31522

46 Southerland Lane (Lot 108), Saint Simons Island, GA

This home is located at 46 Southerland Lane (Lot 108), Saint Simons Island, GA 31522 since 02 February 2015 and is currently estimated at $4,333,303. 46 Southerland Lane (Lot 108) 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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