$2,035,350
SOLD MAR 31, 2017

5115 Oglethorpe Dr Sea Island, GA 31561

Sea Island Neighborhood
6 Beds
7.5 Baths
7,000 Sq Ft
0.63 Acres

Recently Sold

$291 Per Sq Ft

24% Below List Price

1,504 Days on Market

About This Home

As of December 2021

Cottage 530 on West 52nd street has too many wonderful amenities to count. A beautiful circular staircase greets you as you enter the home. The Master suite is located on the main level with a large sitting area, large closets and a spacious his and hers bath. Four fireplaces, trayed ceilings in all six bedrooms, an elevator, paneled wall in the library, and a wet bar are just a few of the great amenities this home has to offer. An open floor plan allows for easy flow along with a gourmet kitchen with Granite counter tops and top of the line appliances make this home great for entertaining. The back yard boasts a swimming pool with an outdoor cabana with a half bath. The veranda allows you to enjoy the quietness and serenity of the Island.

Last Agent to Sell the Property

Brin Meredith

Sea Island Properties License #171868 Listed on: 01/17/2013

Last Buyer's Agent

R. Don Lewis, Jr.

Sea Island Properties License #247953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,801

Year Built

  • Built in 2002

Lot Details

  • 0.63 Acre Lot

Home Design

  • 7,000 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • No Home Owners Association
  • Sea Island Ex2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00621

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,801

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Lot Size: 0,0,0,0
  • Subdivision Name: Sea Island Ex2
  • 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
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 7000.0

Exterior Features

  • Lot Features: Flood Zone
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 05-00621
  • ResoLotSizeUnits: Acres

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%
Current Estimated Value
$6,030,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,580,653
Avg. Annual Appreciation
10.93%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $3,450,000 --
Warranty Deed -- --
Warranty Deed $2,035,350 --
Deed $2,972,857 --
Deed $2,950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,450,000 New Conventional
Previous Owner $2,000,190 New Conventional
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

  • R. Don Lewis, Jr.

    Seller's Agent in 2021

    R. Don Lewis, Jr.

    Sea Island Properties

    (912) 222-4575

    40 in this area

    85 Total Sales

    Section Image

  • 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

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1562440

Golden Isles Association of REALTORS®

APN: 05-00621

Georgia Glynn County Sea Island 31561 Sea Island

5115 Oglethorpe Dr, Sea Island, GA

This home is located at 5115 Oglethorpe Dr, Sea Island, GA 31561 and is currently priced at $2,035,350, approximately $290 per square foot. This property was built in 2002. 5115 Oglethorpe Dr 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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