NOT LISTED FOR SALE

Estimated Value: $1,527,497

3 Beds
4.5 Baths
3,863 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $950,000 $246 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,505/month

43 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • New Construction
  • Satilla Marsh Elementary School Rated A-

About This Home

As of March 2022

RARE FIND! JEKYLL ISLAND OCEANFRONT READY TO BUILD RESIDENTIAL LOT - X FLOOD ZONE! The opportunity awaits to custom build the oceanfront home of your dreams! 100 linear feet on the ocean with unobstructed spectacular views of the Atlantic and access to the beach at your doorsteps. Enjoy morning sunrise and evening moon rise from your balcony, veranda or pool lanai. The possibilities are endless in this rare opportunity to custom build on Jekyll Island. By design, Jekyll is one of the few barrier islands on the east coast which is protected by legislature with controlled development accessible by car. This opportunity is rare and may never come again. PROPOSED CONSTRUCTION WITH PLANS APPROVED BY JEKYLL ISLAND AUTHORITY. PRICE IS FOR LAND ONLY - NO IMPROVEMENTS.

Last Listed By

Juliana Germano

Parker Kaufman- Jekyll License #172401 Listed on: 12/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Land Lease

Property Views

  • Ocean
  • Beach

Home Design

  • 3,863 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Property has ocean access
  • Beach Access

Community Details

  • Jekyll Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-01155

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.28
  • Lot Size: ,,,
  • Road Surface Type: Asphalt
  • Water Body Name: Atlantic Ocean
  • Subdivision Name: Jekyll Beach
  • Directions: Once on Jekyll at the round-a-bout take the third right and head north on Beachview Drive. Ellis Lane is appX 3 miles down on the right. 9 Ellis is vacant lot nearest beach access.
  • New Construction: Yes
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 3863.0

Exterior Features

  • View: Beach, Ocean, Water
  • View: Yes
  • Waterfront Features: Ocean Access, Beach Access, Beach Front, Ocean Front, Other
  • Waterfront: Yes
  • Home Warranty: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Development Status: Proposed
  • Land Lease Amount Frequency: Annually
  • Land Lease Expiration Date: 2088-12-31
  • Land Lease: Yes
  • Lot Size Sq Ft: 12110.0
  • Parcel #: 06-01155
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Mar 11, 2022
Sold by
Pinell Michael Cal
Bought by
Lacagnin Stephen
Seller's Agent
Juliana Germano
Parker Kaufman- Jekyll
Buyer's Agent
Juliana Germano
Parker Kaufman- Jekyll
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Total Days on Market
43
Current Estimated Value
$1,527,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,497
Avg. Annual Appreciation
16.96%

Purchase Details

Listed on
Feb 21, 2021
Closed on
Apr 30, 2021
Sold by
Seaside Cottages At Jekyll Llc
Bought by
Pinell Michael C and Pinell Michelle
Seller's Agent
Marie Sigman
Roland Daniel Properties
Buyer's Agent
Juliana Germano
Parker Kaufman- Jekyll
List Price
$869,000
Sold Price
$700,000
Premium/Discount to List
-$169,000
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.05%
Original Mortgage
$10,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Lacagnin Stephen $950,000 --
Pinell Michael C $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacagnin Stephen M $700,000
Previous Owner Pinell Michael C $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $950,000 -20.8% $246 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $1,200,000 +71.4% $311 / Sq Ft
04/29/2021 04/29/21 Sold $700,000 -19.4% --
03/30/2021 03/30/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $869,000 -- --
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 $11,944 $604,160 $244,800 $359,360
2023 $9,143 $474,640 $244,800 $229,840
2022 $4,839 $244,800 $244,800 $0
2021 $2,968 $144,000 $144,000 $0
2020 $3,027 $144,000 $144,000 $0
2019 $3,027 $144,000 $144,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1631651

Golden Isles Association of REALTORS®

APN: 06-01155