NOT LISTED FOR SALE

510 Forest Rd Sea Island, GA 31561

Sea Island Neighborhood

Estimated Value: $5,220,000 - $8,073,425

7 Beds
7.5 Baths
7,616 Sq Ft
$892/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $4,025,000 $528 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $41,960/month

17 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Heated In Ground Pool
  • Oglethorpe Point Elementary School Rated A
  • Docks
  • RV Access or Parking

About This Home

As of February 2020

Gorgeous cottage nestled on the Hampton River offers a deep water dock, as well as beautiful views of little St. Simons Island, Atlantic Ocean and marshes of Glynn. Entrance foyer leads to living room with fireplace, light-filled kitchen with custom cabinets, granite countertop, island and opens to the den looking the river. Manicured grounds consist of outside fireplace, pool, hot tub, bar area and deep water dock- ideal for entertaining.

Last Agent to Sell the Property

Bonneau Ansley

Ansley Real Estate License #213204 Listed on: 01/03/2020

Ansley Real Estate

Co-Listed By

Brooke Budd

Banker Real Estate License #393660

Last Buyer's Agent

Brooke Budd

Banker Real Estate License #393660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,111

Year Built

  • Built in 2007

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront
  • Landscaped
  • Private Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $2,499 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • River

Home Design

  • Exterior Columns
  • Block Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 7,616 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Hallway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • River Access
  • Docks
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-00794

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, pest control, reserve fund
  • Private Membership Available
  • Ocean Forest Association, Phone Number (912) 638-5102
  • Built by Walter Murphy
  • Ocean Forest Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,111

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,499 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: ,,,
  • Co List Office Mls Id: 1245
  • Co List Office Phone: 404-480-4663
  • Inclusions: Alarm-Smoke/Fire,Dryer,Gas Logs,Refrigerator,Security System,Washer,Wired Speakers
  • Subdivision Name: Ocean Forest
  • Directions: In Ocean Forest, take Forest Road to Forest Lane.
  • Architectural Style: Other
  • Building Name: River Cottage 501
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Doors, Insulation, Windows
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Number Of Buildings: 1
  • Spa Features: Association, Hot Tub
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessible Hallway(s)
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Gas, Gas Log, Gas Starter, Living Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Other, Tile
  • Interior Amenities: Beamed Ceilings, Butler's Pantry, Breakfast Area, Crown Molding, Gourmet Kitchen, Kitchen Island, Other, Vaulted Ceiling(s), Ceiling Fan(s), Programmable Thermostat
  • Living Area: 7616.0
  • Stories: 3
  • Window Features: Double Pane Windows, Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Flood Zone, Level, Private, Sprinkler System, Landscaped
  • Pool Features: Heated, In Ground, Pool, Association
  • View: Marsh View, Ocean, River, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Dock Access, Deep Water, Ocean Access, Water Access, Other, River Access
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Builder Name: Walter Murphy
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Drywall
  • Exterior Features: Columns, Covered Patio, Deck, Dock, Gas Grill, Outdoor Grill, Sprinkler/Irrigation, Landscape Lights, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Pool House
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage Door Opener, Kitchen Level, Paved, RV Access/Parking
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Hall, Laundry Room, Laundry Tub, Other, Sink, Upper Level
  • Security: Security System, Gated Community, Smoke Detector(s), Security Lights, Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer, Community/Coop Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Water Source: Community/Coop, Shared Well, Well

Condo/Co-op/Association

  • Community Features: Gated, Street Lights, Dock
  • Amenities: Adjacent Water, Dock, Elevator(s), Golf Course, Gated, Barbecue, Private Membership, Pool, Spa/Hot Tub, Tennis Court(s), Cable TV
  • Association Fee: 2499.0
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Forest
  • Phone: 912-638-5102
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund

Schools

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

Lot Info

  • Parcel #: 05-00794
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 20, 2020
Sold by
Poston A Milburn
Bought by
Markwalter John S and Markwalter Juanita H
Seller's Agent
Bonneau Ansley
Ansley Real Estate
Buyer's Agent
Brooke Budd
Banker Real Estate
List Price
$4,575,000
Sold Price
$4,025,000
Premium/Discount to List
-$550,000
-12.02%
Current Estimated Value
$6,796,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,771,808
Avg. Annual Appreciation
9.77%
Original Mortgage
$2,817,500
Outstanding Balance
$2,439,523
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,357,285

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sea Island Coastal Propert
Bought by
Morgan Bob
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
Markwalter John S $4,025,000 --
Morgan Bob $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markwalter John S $2,817,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $4,025,000 -12.0% $528 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $4,575,000 -- $601 / 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 $41,111 $1,628,880 $497,040 $1,131,840
2023 $37,866 $1,628,880 $497,040 $1,131,840
2022 $39,033 $1,628,880 $497,040 $1,131,840
2021 $40,544 $1,554,600 $497,040 $1,057,560
2020 $38,909 $1,477,760 $284,000 $1,193,760
2019 $38,909 $1,477,760 $284,000 $1,193,760
2018 $38,909 $1,477,760 $284,000 $1,193,760
2017 $40,974 $1,556,160 $469,200 $1,086,960
2016 $37,690 $1,556,160 $469,200 $1,086,960
2015 $37,846 $1,556,160 $469,200 $1,086,960
2014 $37,846 $1,556,160 $469,200 $1,086,960
Source: Public Records

Agents Affiliated with this Home

  • Bonneau Ansley

    Seller's Agent in 2020

    Bonneau Ansley

    Ansley Real Estate

    (404) 906-3161

    9 in this area

    429 Total Sales

    Bonneau Ansley
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Brooke Budd

    Banker Real Estate

    (404) 405-6125

    6 in this area

    55 Total Sales

    Brooke Budd
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1615148

Golden Isles Association of REALTORS®

APN: 05-00794

Georgia Glynn County Sea Island 31522 Sea Island

510 Forest Rd, Sea Island, GA

This home is located at 510 Forest Rd, Sea Island, GA 31561 since 03 January 2020 and is currently estimated at $6,796,808, approximately $892 per square foot. This property was built in 2007. 510 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.

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