NOT LISTED FOR SALE

5 Coast Cottage Ln Saint Simons Island, GA 31522

Estimated Value: $1,931,919 - $2,482,000

4 Beds
4.5 Baths
3,338 Sq Ft
$659/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,240,000 $371 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $13,294/month

62 Days on Market

Highlights

  • Ocean View
  • Beach
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • Deck
  • High Ceiling

About This Home

As of January 2021

Three Friends Cottage is located second home from the beach in St. Simons' favorite oceanfront neighborhood Coast Cottages. 4 bedrooms, 4.5 baths, 3 living areas, and several ocean view positions. High ceilings, elegant fixtures, dark mahogany floors, limestone coral tile and plantation shutters highlight the architecture by Larry Evans. Large gourmet kitchen features granite counters, Sub-Zero refrigerator, Bosch dishwasher, double oven, gas range, wine cooler and trash compactor. Three distinct living areas including a special den for the kids to watch movies and play games. Take the elevator to the incredible third floor master suite with ocean through the walk-thru shower! Savor ocean breezes and hear the waves from the large front deck. Offered completely furnished, the property comes with full privileges at Coast Cottages' fabulous pools, pavilion and ramped boardwalk to St Simons' finest beach. Outstanding rental income!

Last Agent to Sell the Property

Patrick Anderson

Patrick Anderson and Associates License #212861 Listed on: 10/28/2020

Last Buyer's Agent

Angel Hobby

Banker Real Estate License #168660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,624

Year Built

  • Built in 2001

Lot Details

  • 3,600 Sq Ft Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Zoning described as Resort

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • HardiePlank Type

Interior Spaces

  • 3,338 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Double Pane Windows
  • Wood Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11244

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund, road maintenance
  • St Simons Coast Cottages Neighborhood Assn Inc Association, Phone Number (912) 223-3263
  • Coast Cottages Subdivision

Amenities

  • Community Gazebo

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,624

Year Built

Built in 2001

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 36,36,100,100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Coast Cottages
  • Directions: Take East Beach Causeway to Wood Avenue. Turn Right. Go one block to Coast Cottage Lane and turn left. Three Friends Cottage is second from the end on the right near the pool, pavilion and beach boardwalk. 5 Coast Cottage Lane.
  • Architectural Style: Cottage
  • Building Name: Three Friends Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 3
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Bar, Crown Molding, High Ceilings
  • Living Area: 3338.0
  • Stories: 3
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Wrought Iron, Fenced, Partial
  • Lot Features: Flood Zone, Garden, Landscaped
  • Pool Features: Association
  • View: Ocean, Residential
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Shake Siding, Wood Siding, Drywall
  • Exterior Features: Deck, Gas Grill, Outdoor Grill, Outdoor Shower, Sprinkler/Irrigation
  • Foundation Details: Pillar/Post/Pier, Raised, Slab
  • Patio And Porch Features: Deck, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Paved, Parking Space(s)
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Street Lights
  • Amenities: Beach Rights, Gazebo, Pool
  • Association Fee: 333.33
  • Association Fee Frequency: Monthly
  • Association Name: St Simons Coast Cottages Neighborhood Assn Inc
  • Phone: 912-223-3263
  • Association: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 3600.0
  • Parcel #: 04-11244
  • Zoning Description: Resort
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Weekly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 29, 2021
Sold by
Cegala Joseph J
Bought by
Rockett Alan Ernest and Rockett Luann Taylor
Seller's Agent
Patrick Anderson
Patrick Anderson and Associates
Buyer's Agent
Angel Hobby
Banker Real Estate
List Price
$1,275,000
Sold Price
$1,240,000
Premium/Discount to List
-$35,000
-2.75%
Current Estimated Value
$2,198,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,980
Avg. Annual Appreciation
12.25%
Original Mortgage
$750,000
Outstanding Balance
$681,921
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,442,513
Source: Public Records

Range of Values:

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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
Rockett Alan Ernest $1,240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockett Alan Ernest $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,240,000 -2.7% $371 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $1,275,000 -- $382 / 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 $15,624 $623,000 $200,000 $423,000
2023 $15,443 $623,360 $200,000 $423,360
2022 $12,564 $496,000 $200,000 $296,000
2021 $11,722 $448,440 $200,000 $248,440
2020 $11,834 $448,440 $200,000 $248,440
2019 $11,834 $448,440 $200,000 $248,440
2018 $11,834 $448,440 $200,000 $248,440
2017 $11,834 $448,440 $200,000 $248,440
2016 $10,830 $446,040 $200,000 $246,040
2015 $8,727 $356,920 $200,000 $156,920
2014 $8,727 $356,920 $200,000 $156,920
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patrick Anderson

    Patrick Anderson and Associates

    (912) 223-3263

    20 in this area

    20 Total Sales

    Patrick Anderson
    Section Image

  • A

    Buyer's Agent in 2021

    Angel Hobby

    Banker Real Estate

    (478) 972-9737

    82 in this area

    104 Total Sales

    Angel Hobby
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1622807

Golden Isles Association of REALTORS®

APN: 04-11244

Georgia Glynn County Saint Simons Island 31522

5 Coast Cottage Ln, Saint Simons Island, GA

This home is located at 5 Coast Cottage Ln, Saint Simons Island, GA 31522 since 28 October 2020 and is currently estimated at $2,198,980, approximately $658 per square foot. This property was built in 2001. 5 Coast Cottage Ln is a home located in Glynn County with nearby schools including St. Simons 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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