NOT LISTED FOR SALE

Estimated Value: $2,138,000 - $2,825,000

4 Beds
4.5 Baths
3,748 Sq Ft
$628/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $2,111,550 $563 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,498/month

Highlights

  • Under Construction
  • Gated Community
  • Traditional Architecture
  • Oglethorpe Point Elementary School Rated A
  • Private Membership Available
  • Landscaped

About This Home

As of October 2024

Modern Tudor with coastal flare, this cottage offers a fresh perspective on a traditional palette. With its soaring, double height living space, chef's kitchen and cozy nooks, this home has everything a family needs to spread out, relax and refocus. Frederica Marsh Cottages is an intimate gated community of 27 luxury homes adjacent to the prestigious Frederica Golf Club on beautiful Saint Simons Island. Cottages start at $1,745,000, range from approximately 3,300-4,200 square feet, and have at least 4 bedrooms, all with ensuite baths. Most cottages can accommodate a pool and all cottages can accommodate an outdoor kitchen, firepit, and many other exterior enhancements. All cottages include a full landscaping package and designer curated selections throughout, full selections sheets for each cottage are available upon request and include complete room by room selection details and visuals. A variety of lateral change options are also available for all selections including fixtures, finishes, and exterior materials. Tucked under the stately oaks of Georgia’s Golden Isles and surrounded by acres of protected wetlands, Frederica Marsh Cottages is designed to be the ultimate island enclave, with convenient access to Frederica Golf Club via a private, gated golf cart path. Although you are not required to be a Frederica Golf Club member to own property in Frederica Marsh Cottages, access to the club’s amenities and grounds is only available to club members. The original purchaser of each Frederica Marsh Cottages will be offered application rights for a Full Golf Membership at Frederica Golf Club, which includes discounted developer initiation fees, subject to acceptance by the club. Please inquire for more details on club memberships and additional cottage upgrade options. One member of seller's LLC is a licensed agent in the state of Georgia

Last Agent to Sell the Property

CC Hightower

Situs Real Estate, LLC License #415870 Listed on: 01/24/2024

Co-Listed By

Michael Kaufman

Situs Real Estate, LLC License #384550

Last Buyer's Agent

Michael Kaufman

Situs Real Estate, LLC License #384550

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Landscaped

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 3,748 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-15728

Community Details

Overview

  • Association fees include ground maintenance
  • Private Membership Available
  • Frederica Marsh Cottages Homeowners Association
  • Built by Flanagan Development
  • Frederica Marsh Cottages Subdivision, Cottage E Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: ,,,
  • Co List Office Mls Id: 203
  • Co List Office Phone: 912-571-9092
  • Subdivision Name: Frederica Marsh Cottages
  • Directions: Head north on Frederica road. At the traffic circle, take the first exit to Lawrence Road. Continue approximately 3.5 miles on Lawrence Road to Hampton Point Drive. The development is located approx. .25 miles past the Frederica Golf Club main entrance on the left. 7 Fred Drive is the first lot on the left at the back portion of the development.
  • Architectural Style: Tudor, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Master Model: Cottage E
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2024
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3748.0
  • Stories: 2
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: Covenants/Restrictions Disclosure, Owner Is Listing Agent
  • Home Warranty: Yes
  • Builder Name: Flanagan Development
  • Foundation Details: Raised, Slab
  • Property Condition: Under Construction

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Gated, Private Membership
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Name: Frederica Marsh Cottages Homeowners Association
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other

Schools

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

Lot Info

  • Parcel #: 04-15728
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Nov 11, 2024
Sold by
Murray John M
Bought by
7 Fred Drive Llc
Seller's Agent
CC Hightower
Situs Real Estate, LLC
Buyer's Agent
Michael Kaufman
Situs Real Estate, LLC
List Price
$1,995,000
Sold Price
$2,111,550
Premium/Discount to List
$116,550
5.84%
Views
10
Current Estimated Value
$2,352,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,042
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Jan 24, 2024
Closed on
Oct 11, 2024
Sold by
Flanagan Development Llc
Bought by
Murray John M and Murray Patrick W
Seller's Agent
CC Hightower
Situs Real Estate, LLC
Buyer's Agent
Michael Kaufman
Situs Real Estate, LLC
List Price
$1,995,000
Sold Price
$2,111,550
Premium/Discount to List
$116,550
5.84%
Views
10
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 Fred Drive Llc -- --
Murray John M $2,111,550 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $2,111,550 +5.8% $563 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $1,995,000 -- $532 / 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
2025 $20,071 $800,320 $180,000 $620,320
2024 $1,505 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1644429

Golden Isles Association of REALTORS®

APN: 04-15728