NOT LISTED FOR SALE

Estimated Value: $4,342,000 - $6,732,468

6 Beds
7.5 Baths
6,730 Sq Ft
$816/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $3,450,000 $513 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $33,582/month

40 Days on Market

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 2021

Cottage 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.

Last Listed By

R. Don Lewis, Jr.

Sea Island Properties License #247953 Listed on: 10/18/2021

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,801

Year Built

Built in 2002

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Lot Size: 0,0,0,0
  • Road Frontage Type: City Street, Freeway, Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Sea Island Cottages
  • Directions: Sea Island Drive to West 52nd Street,turn left SW corner
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Private Spa: No
  • Appliances: Some Gas Appliances, Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Great Room, Library, Master Bedroom
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Tray Ceiling(s), Crown Molding, Coffered Ceiling(s), Gourmet Kitchen, Kitchen Island, Vaulted Ceiling(s), Fireplace
  • Living Area: 6730.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Masonry, Partial
  • Lot Features: Flood Zone, Landscaped, Subdivision
  • Pool Features: In Ground, Pool
  • View: Residential
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Columns, Covered Patio, Outdoor Grill
  • Other Structures: Pool House
  • Patio And Porch Features: Covered, Patio
  • Roof: Slate, Tile

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Laundry Room, Upper Level
  • Security: Security Service
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Public

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association Name: Sea Island Property Owners Association
  • Phone: 912-269-3197
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 05-00621
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3721 / 410

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
$5,493,867

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

Range of Values:

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Average Value
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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
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

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 $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

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1629325

Golden Isles Association of REALTORS®

APN: 05-00621