$698,500
SOLD JAN 8, 2021
3 Beds
3 Baths
1,430 Sq Ft
2,875 Sq Ft Lot

Recently Sold

$488 Per Sq Ft

4% Below List Price

61 Days on Market

Highlights

  • Deck
  • Community Pool
  • Landscaped
  • St. Simons Elementary School Rated A-
  • Community Gazebo

About This Home

As of April 2023

Magnolia Cottage of the Coast Cottage subdivision offers a great opportunity to purchase a turn-key home. Fully furnished and ready for you to move in or use as a rental property. Just steps to the best beaches on St. Simons. Coast Cottages is one of the cutest neighborhoods with colorful beach cottages lining brick paved streets that lead down to a neighborhood pavilion with two pools and beach boardwalk. Magnolia Cottage offers double front porches to enjoy coastal breezes. The first level offers 2 bedrooms and 2 full baths, laundry, a porch and an outdoor shower. The second level offers the master suite, living room, dining room and kitchen combination with a balcony. Family and friends will surely enjoy having their morning coffee or afternoon cocktail on either porch!

Last Agent to Sell the Property

Victor Long

Banker Real Estate License #358373 Listed on: 10/08/2020

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373 Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,274

Year Built

  • Built in 1998

Lot Details

  • 2,875 Sq Ft Lot
  • Landscaped

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • 1,430 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Listing and Financial Details

  • Assessor Parcel Number 04-09691

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund
  • Coast Cottages Subdivision

Amenities

  • Community Gazebo

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,274

Year Built

Built in 1998

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: ,,,
  • Subdivision Name: Coast Cottages
  • Directions: Turn onto Clover Marsh Lane from Ocean Boulevard. Magnolia Cottage is the second cottage on the right.
  • Architectural Style: Cottage
  • New Construction: No
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1430.0

Exterior Features

  • Lot Features: Landscaped
  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Patio And Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Amenities: Beach Rights, Gazebo, Pool
  • Association Fee: 2000.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Reserve Fund

Lot Info

  • Lot Size Sq Ft: 2875.0
  • Parcel #: 04-09691
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6274.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 12, 2023
Sold by
47 Clover Marsh Llc
Bought by
Tin Roof Property Llc
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Carla Jernigan
Signature Properties Group Inc.
List Price
$995,000
Sold Price
$1,016,000
Premium/Discount to List
$21,000
2.11%
Total Days on Market
61
Views
117
Current Estimated Value
$1,244,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,195
Avg. Annual Appreciation
9.79%

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 8, 2021
Sold by
Young Joseph S
Bought by
47 Clover Marsh Llc
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$725,000
Sold Price
$698,500
Premium/Discount to List
-$26,500
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,016,000 --
Warranty Deed -- --
Warranty Deed $698,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $1,016,000 +2.1% $710 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $995,000 +42.4% $696 / Sq Ft
01/08/2021 01/08/21 Sold $698,500 -3.7% $488 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $725,000 -- $507 / 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 $10,192 $406,400 $200,000 $206,400
2023 $7,877 $315,440 $92,400 $223,040
2022 $6,573 $257,120 $92,400 $164,720
2021 $6,216 $235,520 $92,400 $143,120
2020 $6,274 $235,520 $92,400 $143,120
2019 $6,274 $235,520 $92,400 $143,120
2018 $6,274 $235,520 $92,400 $143,120
2017 $6,274 $235,520 $92,400 $143,120
2016 $5,349 $217,680 $92,400 $125,280
2015 $4,595 $185,480 $92,400 $93,080
2014 $4,595 $185,480 $92,400 $93,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1622545

Golden Isles Association of REALTORS®

APN: 04-09691