NOT LISTED FOR SALE

78 Southerland Ln Saint Simons Island, GA 31522

Estimated Value: $653,098

2.85 Acres
$229,157 Price per Acre
124,146 Sq Ft Lot

Last Sold December 09, 2021

Last sale price $475,000

Est. 37% increase in value since last sale

Current estimated payment $4,206/month

32 Days on Market

Highlights

  • Docks
  • Fitness Center
  • Private Membership Available
  • Oglethorpe Point Elementary School Rated A
  • Gated Community
  • Community Pool

About This Lot

As of December 2021

Expansive lake views on a beautiful 2.85 acre home site in Frederica in one of our most sought-after locations, Southerland Lane. This lake front home site offers over 331 feet of lake frontage with long lake views. Easy access to the boathouse and all of Frederica Golf Club's amenities. Offering a great tree canopy and wide lake setting and privacy that over 2.5 acres affords. Wonderful street with prominent homes all on two or more acres. A celebrated and prestigious private club, Frederica offers an impressive list of amenities including fine dining, tennis, fitness center, boating, fishing and swimming. A Tom Fazio designed golf course complete with new golf learning center provides for an extraordinary golfing experience each time out on the course.

Last Agent to Sell the Property

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 10/07/2021

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567 Listed on: 10/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,514

Lot Details

  • 2.85 Acre Lot
  • Property fronts a freeway
  • Zoning described as Res Single

HOA Fees

  • $367 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-12724

Community Details

Overview

  • Private Membership Available
  • Frederica Golf Club Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Docks

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,514

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.85
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Subdivision Name: Frederica Golf Club
  • Directions: Access to Frederica is arranged through the Frederica Real Estate office: take Frederica Road North to the roundabout and take the first right turn onto Lawrence Road. You will see the Frederica Stables on your left. Take the first left hand turn into the stables property. The Real Estate office is located on the stables property. Lot 110 is located within the Frederica Township on beautiful Southerland Lane.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Pool Features: Association
  • Waterfront Features: Lake
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Dock, Fitness Center, Golf Course, Gated, Private Membership, Pool, Tennis Court(s)
  • Association Fee: 4400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 04-12724
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 9, 2021
Sold by
Freeman Samuel Brian
Bought by
Martin George D and Martin Katherine K
Seller's Agent
Angela Suzanne Harrison
Frederica Realty
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$653,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,098
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
May 29, 2018
Sold by
Bhb Investments
Bought by
Freeman Samuel Brian and Freeman Stacey

Purchase Details

Closed on
Jan 31, 2005
Sold by
Sea Island Coastal Propert
Bought by
Bhb Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

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
Martin George D $475,000 --
Freeman Samuel Brian $390,000 --
Bhb Investments -- --
Bhb Investments $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhb Investments $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $475,000 -4.0% --
11/09/2021 11/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $495,000 -- --
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 $4,514 $180,000 $180,000 $0
2023 $4,423 $180,000 $180,000 $0
2022 $3,511 $140,000 $140,000 $0
2021 $2,896 $112,000 $112,000 $0
2020 $2,611 $100,000 $100,000 $0
2019 $3,655 $140,000 $140,000 $0
2018 $4,700 $180,000 $180,000 $0
2017 $4,700 $180,000 $180,000 $0
2016 $4,320 $180,000 $180,000 $0
2015 $4,097 $180,000 $180,000 $0
2014 $4,097 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1629525

Golden Isles Association of REALTORS®

APN: 04-12724