NOT LISTED FOR SALE

46 Southerland Ln St. 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 August 30, 2022

Last sale price $550,000

Est. 688% increase in value since last sale

Current estimated payment $26,699/month

15 Days on Market

Highlights

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

About This Lot

As of August 2022

This exceptional lot has approx. 475 feet of lake frontage, a lovely oak canopy and numerous old growth magnolias! The 2.4 acre lot has common area to its right which has 425 ft. of lake frontage making the lot seem even larger and offering considerable privacy. The lot is on Southerland which is a very well treed, private street conveniently located to Frederica's fabulous amenities, the Boathouse, pool, tennis courts and Frederica golf club house. Homes along Southerland are beautiful. This is the perfect spot for living happily ever after!

Last Agent to Sell the Property

Ann Harrell

DeLoach Sotheby's International Realty License #126587 Listed on: 07/12/2022

DeLoach Sotheby's International Realty

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,077

Lot Details

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

HOA Fees

  • $392 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-12722

Community Details

Overview

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

Recreation

  • Park

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$41,077

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.43
  • Lot Size: 475,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Water Body Name: Frederica Lake
  • Subdivision Name: Frederica Golf Club
  • Directions: Enter St. Simons Island and follow the sign toward Sea Island. At the intersection of Sea Island and Frederica Roads, turn left on Frederica and travel north toward the roundabout at the Frederica stables. Travel northward from the roundabout on Lawrence Road. Lawrence Road becomes Hampton Point Drive to the south of the Frederica main gate which is on the left soon after you see the entrance to Butler Plantation. The listing agent will meet you at the main gate to take you to the lot on Southerland.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1 to 5 Acres
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community, Security Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake, Park, Street Lights
  • Amenities: Gated, Private Membership
  • Association Fee: 4700.0
  • Association Fee Frequency: Annually
  • Association Name: Frederica Township Association
  • Phone: 912-634-1500
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, Road Maintenance

Schools

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

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Parcel #: 04-12722
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 4130/88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 30, 2022
Sold by
Frederica Cove Limited Liability Co
Bought by
Wallace Tonya M and Tonya M Wallace Living Trust
Seller's Agent
Ann Harrell
DeLoach Sotheby's International Realty
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$4,333,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,783,303
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Dec 12, 2019
Sold by
Carter William B
Bought by
Frederica Cove Llc and C/O Sapp Charles Patrick

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 3, 2014
Sold by
Jeffrey O Capes Investment
Bought by
Carter William B and Carter Linda J
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

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
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
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
08/30/2022 08/30/22 Sold $550,000 -7.6% --
07/28/2022 07/28/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $595,000 +35.2% --
01/03/2014 01/03/14 Sold $440,000 -11.8% --
12/04/2013 12/04/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $499,000 -- --
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

  • Ann Harrell

    Seller's Agent in 2022

    Ann Harrell

    DeLoach Sotheby's International Realty

    (912) 222-4002

    110 Total Sales

    Ann Harrell
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    Thomas Elsberry

    Frederica Realty

    (404) 213-7665

    78 Total Sales

    Thomas Elsberry
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1635164

Golden Isles Association of REALTORS®

APN: 04-12722

Georgia Glynn County Saint Simons Island 31522

46 Southerland Ln, Saint Simons Island, GA

This home is located at 46 Southerland Ln, St. Simons Island, GA 31522 since 12 July 2022 and is currently estimated at $4,333,303. 46 Southerland Ln 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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