8 Stewart Ln Jekyll Island, GA 31527
Jekyll Island NeighborhoodEstimated Value: $942,000 - $1,421,000
4
Beds
3
Baths
1,298
Sq Ft
$936/Sq Ft
Est. Value
Highlights
- Ocean View
- Cape Cod Architecture
- Cul-De-Sac
- Satilla Marsh Elementary School Rated A-
- No HOA
- Ceramic Tile Flooring
About This Home
As of September 2023Attention investors, this property is producing in excess of 10% ROI !!! Seize this exceptional opportunity to acquire a radiant, meticulously restored beachfront haven nestled right on the tranquil shores of Jekyll Island Beach. This Cape Cod-style sanctuary comes with the Atlantic as its constant, breathtaking backdrop. Step into a charming four-bedroom, three-bathroom residence crafted to leave an indelible impression on even the most discerning real estate investors. The property includes an inviting, spacious additional living room area that seamlessly blends comfort with charm and a convenient, one-car garage offering ample space for your vehicle or storage needs. The cottage's status as an established short-term rental property with an exceptional track record is an additional allure for those seeking a lucrative investment opportunity. Enjoy a steady income flow, underlined by the perpetual demand for serene, beachside escapes. Every inch of this charismatic Cape Cod cottage has been tastefully renovated to combine modern elegance with classic beach charm. It's not just a house, it's a jewel awaiting its new owner. Set in the desirable X flood zone, the property is free of Homeowners Association (HOA) commitments. This kind of opportunity is a rarity on the market - a testament to the unique allure of this coastal gem!
Last Agent to Sell the Property
DeLoach Sotheby's International Realty License #370039 Listed on: 05/20/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,761
Year Built
- Built in 1962
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
- Partially Fenced Property
- Land Lease of $2,300 per year
Parking
- 1 Car Garage
Property Views
- Ocean
- Beach
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Slab Foundation
- Shake Siding
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Satilla Marsh Elementary School
- Glynn Middle School
- Glynn Academy High School
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Jekyll Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2018
Closed on
Jun 17, 2019
Sold by
Crowe House Llc
Bought by
Korthas Donald J and Korthas Kristina B
Seller's Agent
C. J. Jefferies
Jekyll Realty
Buyer's Agent
Lori Mccormick
Keller Williams Realty Golden Isles
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%
Total Days on Market
84
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
$615,118
Avg. Annual Appreciation
12.48%
Original Mortgage
$480,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2013
Sold by
Middleton Laurie Crowe
Bought by
Crowe House Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2012
Sold by
Crowe House Llc
Bought by
Middleton Laurie Crowe and Crowe Curtis
Purchase Details
Closed on
Jun 2, 2009
Sold by
Crowe Elizabeth Rhett
Bought by
Crowe House Llc
Purchase Details
Closed on
Mar 20, 2009
Sold by
Cubbedge Edwin W
Bought by
Middleton Laurie Crowe and Crowe Margaret Lyons
Similar Homes in Jekyll Island, GA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Korthas Donald J | -- | -- | |
| Korthas Donald J | $600,000 | -- | |
| Crowe House Llc | -- | -- | |
| Middleton Laurie Crowe | -- | -- | |
| Crowe House Llc | -- | -- | |
| Middleton Laurie Crowe | -- | -- | |
| Cubbedge Edwin W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcpr Rentals Llc | $1,000,000 | |
| Closed | Korthas Donald J | $480,000 | |
| Previous Owner | Middleton Laurie Crowe | $78,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $1,210,000 | -3.2% | $932 / Sq Ft |
| 08/12/2023 08/12/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $1,250,000 | 0.0% | $963 / Sq Ft |
| 07/23/2023 07/23/23 | Pending | -- | -- | -- |
| 05/20/2023 05/20/23 | For Sale | $1,250,000 | +108.3% | $963 / Sq Ft |
| 06/17/2019 06/17/19 | Sold | $600,000 | -13.7% | $313 / Sq Ft |
| 05/18/2019 05/18/19 | Pending | -- | -- | -- |
| 04/26/2018 04/26/18 | For Sale | $695,000 | -- | $363 / 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 | $8,425 | $426,160 | $231,200 | $194,960 |
| 2023 | $6,588 | $342,000 | $231,200 | $110,800 |
| 2022 | $6,761 | $342,000 | $231,200 | $110,800 |
| 2021 | $4,841 | $234,880 | $136,000 | $98,880 |
| 2020 | $4,819 | $229,240 | $136,000 | $93,240 |
| 2019 | $4,455 | $211,920 | $136,000 | $75,920 |
| 2018 | $4,618 | $202,120 | $136,000 | $66,120 |
| 2017 | $4,450 | $194,760 | $136,000 | $58,760 |
| 2016 | $4,117 | $194,760 | $136,000 | $58,760 |
| 2015 | $4,136 | $194,760 | $136,000 | $58,760 |
| 2014 | $4,136 | $194,760 | $136,000 | $58,760 |
Source: Public Records
Agents Affiliated with this Home
-
Nadia Johnson
Seller's Agent in 2023
Nadia Johnson
DeLoach Sotheby's International Realty
(912) 771-9500
6 in this area
96 Total Sales
-
Pat Hodnett Cooper
Buyer's Agent in 2023
Pat Hodnett Cooper
BHHS Hodnett Cooper Real Estate
(912) 270-3366
2 in this area
97 Total Sales
-
C. J. Jefferies
C
Seller's Agent in 2019
C. J. Jefferies
Jekyll Realty
(912) 635-3303
64 in this area
69 Total Sales
-
Anita Crockett
A
Seller Co-Listing Agent in 2019
Anita Crockett
Jekyll Realty
(912) 635-3301
29 in this area
29 Total Sales
-
Lori Mccormick
Buyer's Agent in 2019
Lori Mccormick
Keller Williams Realty Golden Isles
(912) 222-1878
1 in this area
136 Total Sales
Map
Source: Golden Isles Association of REALTORS®
MLS Number: 1640100
APN: 06-00008
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