NOT LISTED FOR SALE

50 Cheapside Ln Saint Simons Island, GA 31522

Estimated Value: $3,074,000 - $4,427,000

5 Beds
7 Baths
8,636 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $2,000,000 $232 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $21,655/month

330 Days on Market

Highlights

  • Docks
  • Heated In Ground Pool
  • Family Room with Fireplace
  • Oglethorpe Point Elementary School Rated A
  • Creek or Stream View
  • Traditional Architecture

About This Home

As of September 2016

Seldom does a more protected, more secluded island property become available-5.96 acres of complete privacy canopied by specimen Oak Trees on a tidal creek that takes you to the Hampton River and the Ocean. A memorable home, built with outstanding materials of Cypress walls, butternut cabinetry, pine floors and antique brick, offers expansive family gathering areas like the Great Room with vaulted beamed ceiling and twin fireplaces and the large view oriented screen porch. A charming 2 bedroom guest cottage on the view is close by. The caretaker is available to assist a new homeowner. An extraordinary opportunity to own one of the islands outstanding one-of-a- kind properties surrounded by Cannon's Point, which is 608 acres of permanently preserved land owned by The St. Simons Land Trust.

Last Agent to Sell the Property

Ellen McCaffrey

Al Brown Company License #130766 Listed on: 09/27/2015

Last Buyer's Agent

Ellen McCaffrey

Al Brown Company License #130766 Listed on: 09/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,813

Year Built

  • Built in 2004

Lot Details

  • 5.96 Acre Lot
  • Property fronts a freeway
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Zoning described as Res Single

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Georgian Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,636 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Paneling
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • 6 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Creek or Stream Views
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Heated In Ground Pool
  • Docks

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available

Community Details

  • No Home Owners Association
  • Cannon's Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-01242

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,813

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.96
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Cannon's Point
  • Directions: Call Baba 222 3001 or Al 222 4545 for detailed directions and access.Follow Lawrence Road North to Cannons Point Drive .This property is almost 6 acres of privacy off of Cannons Point Drive .
  • Architectural Style: Georgian, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Windows
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Double Oven, Dishwasher, Freezer, Disposal, Oven, Range, Refrigerator, Range Hood, Self Cleaning Oven, Trash Compactor
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Family Room, Library, Living Room, Master Bedroom, Outside
  • Fireplaces: 6
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood
  • Interior Amenities: Attic, Beamed Ceilings, Tray Ceiling(s), Crown Molding, Cathedral Ceiling(s), Coffered Ceiling(s), High Ceilings, Kitchen Island, Paneling/Wainscoting, Central Vacuum
  • Living Area: 8636.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Privacy, Fenced
  • Lot Features: 5-10 Acres, Flood Zone, Private, Wooded, Wetlands
  • Pool Features: Heated, In Ground, Pool
  • View: Marsh View, Creek/Stream, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Other
  • Waterfront: No
  • Construction Type: Concrete, Wood Siding, Brick, Drywall
  • Exterior Features: Dock, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Crawlspace
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Paved

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Utilities: Electricity Available, Phone Available, Septic Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 04-01242
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2015
Closed on
Nov 11, 2016
Bought by
1270 Spring Street Llc
Seller's Agent
Ellen McCaffrey
Al Brown Company
Buyer's Agent
Ellen McCaffrey
Al Brown Company
List Price
$5,995,000
Sold Price
$2,000,000
Premium/Discount to List
-$3,995,000
-66.64%
Current Estimated Value
$3,710,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,186
Avg. Annual Appreciation
-8.62%

Purchase Details

Listed on
Sep 27, 2015
Closed on
Sep 19, 2016
Sold by
Paul F
Bought by
Cheapside Inc
Seller's Agent
Ellen McCaffrey
Al Brown Company
Buyer's Agent
Ellen McCaffrey
Al Brown Company
List Price
$5,995,000
Sold Price
$2,000,000
Premium/Discount to List
-$3,995,000
-66.64%
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
1270 Spring Street Llc $5,100,000 --
Cheapside Inc $2,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $2,000,000 -66.6% $232 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
09/27/2015 09/27/15 For Sale $5,995,000 -- $694 / 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 $23,813 $949,520 $208,894 $740,626
2023 $23,334 $949,520 $211,360 $738,160
2022 $23,813 $949,520 $211,360 $738,160
2021 $21,522 $1,394,080 $211,360 $1,182,720
2020 $21,730 $832,240 $211,360 $620,880
2019 $21,730 $832,240 $211,360 $620,880
2018 $21,730 $832,240 $211,360 $620,880
2017 $21,730 $832,240 $211,360 $620,880
2016 $6,386 $832,240 $211,360 $620,880
2015 $6,386 $832,240 $211,360 $620,880
2014 $6,386 $832,240 $211,360 $620,880
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ellen McCaffrey

    Al Brown Company

    (912) 268-2671

    21 Total Sales

    Ellen McCaffrey
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1575521

Golden Isles Association of REALTORS®

APN: 04-12042

Georgia Glynn County Saint Simons Island 31522

50 Cheapside Ln, Saint Simons Island, GA

This home is located at 50 Cheapside Ln, Saint Simons Island, GA 31522 since 27 September 2015 and is currently estimated at $3,710,186, approximately $429 per square foot. This property was built in 2004. 50 Cheapside 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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