5115 Oglethorpe Dr Sea Island, GA 31561
Sea Island NeighborhoodEstimated Value: $4,342,000 - $6,732,468
6
Beds
7.5
Baths
6,730
Sq Ft
$816/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Gourmet Kitchen
- Family Room with Fireplace
- Oglethorpe Point Elementary School Rated A
- Gated Community
- Vaulted Ceiling
About This Home
As of December 2021Cottage 530 is a grand example of modern, move in ready Sea Island living – open floor plan, high ceilings, indoor and outdoor entertainment areas, and lots of natural light. A huge master bedroom along with five generous guest rooms, all with en suite bath, allow privacy and comfort. A gourmet kitchen with new appliances opens to a large family room and the lanai, pool and cabana beyond. The outdoor kitchen also sports new appliances, and the pool has been recently resurfaced. Additional upgrades include new hardwood floors, new electronics, A/C in the garage, landscape upgrades and other new appliances throughout the cottage. And speaking of move in ready, the cottage comes complete with all the furnishings, window treatments and fixtures currently in the cottage, right down to the plates, cups and utensils. If you truly want move in ready living on Sea Island, Cottage 530 is ready for you.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,801
Year Built
- Built in 2002
Lot Details
- 0.63 Acre Lot
- Property fronts a private road
- Property fronts a freeway
- Partially Fenced Property
- Landscaped
HOA Fees
- $13 Monthly HOA Fees
Parking
- 6 Parking Spaces
Home Design
- Exterior Columns
- Stucco
Interior Spaces
- 6,730 Sq Ft Home
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Vaulted Ceiling
- Family Room with Fireplace
- 4 Fireplaces
- Great Room with Fireplace
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven
- Range with Range Hood
- Microwave
- Ice Maker
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Covered patio or porch
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 05-00621
Community Details
Overview
- Sea Island Property Owners Association, Phone Number (912) 269-3197
- Sea Island Cottages Subdivision
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2021
Closed on
Dec 28, 2021
Sold by
Sires Robert D
Bought by
5115 Oglethorpe Drive Llc
Seller's Agent
R. Don Lewis, Jr.
Sea Island Properties
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$3,950,000
Sold Price
$3,450,000
Premium/Discount to List
-$500,000
-12.66%
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,043,867
Avg. Annual Appreciation
15.94%
Purchase Details
Listed on
Jan 17, 2013
Closed on
Mar 31, 2017
Sold by
Smith Rankin M
Bought by
Sires Robert D and Sires Tara Ann
Seller's Agent
Brin Meredith
Sea Island Properties
Buyer's Agent
R. Don Lewis, Jr.
Sea Island Properties
List Price
$2,695,000
Sold Price
$2,035,350
Premium/Discount to List
-$659,650
-24.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$1,450,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2006
Sold by
Rees 505 Llc
Bought by
Smith Rankin M and Smith Angela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,190
Interest Rate
6.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2005
Sold by
Island Vest Llc
Bought by
Rees 505 Llc
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Similar Homes in Sea Island, GA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5115 Oglethorpe Drive Llc | $3,450,000 | -- | |
| Sires Robert D | -- | -- | |
| Sires Robert D | $2,035,350 | -- | |
| Smith Rankin M | $2,972,857 | -- | |
| Rees 505 Llc | $2,950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sires Robert D | $1,450,000 | |
| Previous Owner | Smith Rankin M | $2,000,190 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $3,450,000 | -12.7% | $513 / Sq Ft |
| 11/28/2021 11/28/21 | Pending | -- | -- | -- |
| 10/18/2021 10/18/21 | For Sale | $3,950,000 | +94.1% | $587 / Sq Ft |
| 03/31/2017 03/31/17 | Sold | $2,035,350 | -24.5% | $291 / Sq Ft |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- |
| 01/17/2013 01/17/13 | For Sale | $2,695,000 | -- | $385 / Sq Ft |
Source: Golden Isles Association of REALTORS®
Tax History Compared to Growth
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 | $33,801 | $1,339,240 | $455,000 | $884,240 |
| 2023 | $33,250 | $1,339,240 | $455,000 | $884,240 |
| 2022 | $33,926 | $1,339,240 | $455,000 | $884,240 |
| 2021 | $22,756 | $867,760 | $210,000 | $657,760 |
| 2020 | $20,504 | $774,000 | $315,000 | $459,000 |
| 2019 | $20,504 | $774,000 | $315,000 | $459,000 |
| 2018 | $18,343 | $814,000 | $315,000 | $499,000 |
| 2017 | $28,414 | $1,074,400 | $280,000 | $794,400 |
| 2016 | $22,349 | $917,600 | $280,000 | $637,600 |
| 2015 | $17,968 | $733,680 | $280,000 | $453,680 |
| 2014 | $17,968 | $733,680 | $280,000 | $453,680 |
Source: Public Records
Agents Affiliated with this Home
-
R. Don Lewis, Jr.
Seller's Agent in 2021
R. Don Lewis, Jr.
Sea Island Properties
(912) 222-4575
43 in this area
87 Total Sales
-
N
Buyer's Agent in 2021
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
-
B
Seller's Agent in 2017
Brin Meredith
Sea Island Properties
(912) 291-2185
Map
Source: Golden Isles Association of REALTORS®
MLS Number: 1629325
APN: 05-00621
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