NOT LISTED FOR SALE

503 Forest Rd Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $6,452,000 - $8,131,292

5 Beds
8 Baths
6,993 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $6,250,000 $894 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $40,385/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Lagoon View
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Waterfront

About This Home

As of February 2022

A Keith Sumerour masterpiece exuding the comfortable elegance you would expect from the highest quality Sea Island home. Sitting gracefully on a high lake front site in Ocean Forest, the ground floor master bedroom has an adjacent office with its own full bath. Direct access to the heated spa and pool. The salon encompasses gracious and spacious dining and living areas with fireplace. High coffered ceilings establish the mood. The homes flow extends to the sun porch and its high beamed ceilings and stone floors complement the salon. The chef's kitchen and great room with fireplace include a bright breakfast area. Upstairs are 4 bedrooms with private baths. 12' ceilings. Sitting room. The next level has a private exercise room or game room. Then, a stairway to The Tower, offering distant views of the Hampton River and Little SSI. This home is served by an elevator, water softener, and filteration system, geothermal HVAC, central vacuum, security system, intercom system and generator.

Last Agent to Sell the Property

Al Brown, Jr.

Al Brown Company License #11144 Listed on: 01/07/2022

Last Buyer's Agent

Ellen McCaffrey

Al Brown Company License #130766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,046

Year Built

  • Built in 2003

Lot Details

  • 0.66 Acre Lot
  • Waterfront
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Plaster

Interior Spaces

  • 6,993 Sq Ft Home
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lagoon Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Open Patio
  • Porch

Schools

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

Utilities

  • Underground Utilities
  • Water Softener
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-00757

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Forest Subdivision
  • Community Lake

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,046

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 169,140,177,186
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Forest
  • Directions: Call for access to Ocean Forest. After passing through security gate, follow Forest Road to 503 Forest Road. Dune Cottage 503 will be on the right.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: HVAC, Water Heater
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Dryer, Dishwasher, Disposal, Indoor Grill, Ice Maker, Microwave, Refrigerator, Water Softener, Wine Cooler, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Tray Ceiling(s), Coffered Ceiling(s), Gourmet Kitchen, High Ceilings, Kitchen Island, Ceiling Fan(s), Central Vacuum, Instant Hot Water
  • Living Area: 6993.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Heated, In Ground, Pool
  • View: Lagoon
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Plaster
  • Exterior Features: Gas Grill, Porch, Sprinkler/Irrigation
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Pool House
  • Patio And Porch Features: Open, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Security System, Smoke Detector(s), Security Service
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 28749.0
  • Parcel #: 05-00757
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 1, 2022
Sold by
Jp Morgan Trust Co Of Delaware Suc
Bought by
503 Forest Llc
Seller's Agent
Al Brown, Jr.
Al Brown Company
Buyer's Agent
Ellen McCaffrey
Al Brown Company
List Price
$6,250,000
Sold Price
$6,250,000
Current Estimated Value
$7,066,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$816,323
Avg. Annual Appreciation
4.64%
Original Mortgage
$4,500,000
Outstanding Balance
$4,155,168
Interest Rate
2.25%
Mortgage Type
Cash
Estimated Equity
$3,227,925
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
503 Forest Llc $6,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 503 Forest Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $6,250,000 0.0% $894 / Sq Ft
01/07/2022 01/07/22 For Sale $6,250,000 -- $894 / 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 $35,046 $1,388,560 $246,000 $1,142,560
2023 $34,345 $1,388,560 $246,000 $1,142,560
2022 $25,283 $1,388,560 $246,000 $1,142,560
2021 $26,125 $1,319,920 $246,000 $1,073,920
2020 $26,373 $1,250,800 $176,880 $1,073,920
2019 $26,373 $1,250,800 $176,880 $1,073,920
2018 $26,373 $1,250,800 $176,880 $1,073,920
2017 $26,373 $1,183,200 $244,000 $939,200
2016 $24,281 $1,183,200 $244,000 $939,200
2015 $24,074 $1,183,200 $244,000 $939,200
2014 $24,074 $1,001,280 $244,000 $757,280
Source: Public Records

Agents Affiliated with this Home

  • Al Brown, Jr.

    Seller's Agent in 2022

    Al Brown, Jr.

    Al Brown Company

    (912) 222-4545

    43 in this area

    70 Total Sales

    Al Brown, Jr.
    Section Image

  • E

    Buyer's Agent in 2022

    Ellen McCaffrey

    Al Brown Company

    (912) 268-2671

    8 in this area

    21 Total Sales

    Ellen McCaffrey
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1631850

Golden Isles Association of REALTORS®

APN: 05-00757

Georgia Glynn County Sea Island 31561 Sea Island

503 Forest Rd, Sea Island, GA

This home is located at 503 Forest Rd, Sea Island, GA 31561 since 07 January 2022 and is currently estimated at $7,066,323, approximately $1,010 per square foot. This property was built in 2003. 503 Forest Rd 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.

Nearby Homes