NOT LISTED FOR SALE

98 Sea Island Lake Cottages Dr St. Simons Island, GA 31522

Estimated Value: $3,215,737 - $4,713,000

7 Beds
7.5 Baths
5,800 Sq Ft
$83/mo HOA Fee

Last Sold January 07, 2015

Last sale price $1,750,000 $302 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $23,461/month

279 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Vaulted Ceiling
  • St. Simons Elementary School Rated A-
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of January 2015

Breathtaking Lakefront Cottage each residence is an architectural masterpiece. Enjoy voluminous interiors boasting soaring ceilings and generously-scaled floor plans of over 5,000 sq. ft. of living space. The open floor plan flows seamlessly featuring a grand foyer, great room, cozy living room, and open kitchen with Butlers Pantry. The home has two bedroom and two baths on the first level, two bedrooms two and half baths on the main level and two bedroom two baths, plus the amazing master suite on the third level. This homes includes a spacious terrace with lakefront views.

Last Agent to Sell the Property

Adair Allen

DeLoach Sotheby's International Realty License #257258 Listed on: 03/04/2014

DeLoach Sotheby's International Realty

Last Buyer's Agent

John Hallman

Engel & Volkers Golden Isles License #182381

Engel & Volkers Golden Isles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,661

Year Built

  • Built in 2006

Lot Details

  • Property fronts a freeway
  • Landscaped

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 5,800 Sq Ft Home
  • 3-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Range with Range Hood
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Home Security

Utilities

  • Heating System Uses Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 04-12717

Community Details

Overview

  • Sea Island Lake Cottages Subdivision

Amenities

  • Community Gazebo
  • Community Barbecue Grill

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,661

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Subdivision Name: Sea Island Lake Cottages
  • Directions: Sea Island Causeway to Lake Cottages. Turn right after passing through guard gate. Unit is #98 on the right.
  • Architectural Style: Spanish
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Ice Maker, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Tray Ceiling(s), Coffered Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 5800.0
  • Stories: 3

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • Pool Features: Association
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Porch, Screened
  • Roof: Pitched, Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Gated Community, Smoke Detector(s)
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Amenities: Gated, Gazebo, Barbecue, Pool, Recreation Facilities
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 04-12717
  • Zoning Description: Condo,Multi-Family,Resort

Tax Info

  • Tax Block: 001
  • Tax Lot: 019
  • Tax Map Number: 0020-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Georgia Vacations Llc
Bought by
Hallman Family Dgt Trusts Dated February and Hallman John F Iii Tr
Current Estimated Value
$4,002,184

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jan 7, 2015
Sold by
Wallace Glenn E
Bought by
Georgia Vacations Llc
Seller's Agent
Adair Allen
DeLoach Sotheby's International Realty
Buyer's Agent
John Hallman
Engel & Volkers Golden Isles
List Price
$2,300,000
Sold Price
$1,750,000
Premium/Discount to List
-$550,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
May 31, 2013
Sold by
Rref Snv Ga Rmj Llc
Bought by
Wallace Glenn E and Wallace Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2012
Sold by
Jones Robert N
Bought by
Rref Ga Snv Rmj Llc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Williams Jay A
Bought by
Jones Robert N and Jones Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hallman Family Dgt Trusts Dated February -- --
Georgia Vacations Llc $1,750,000 --
Wallace Glenn E $1,765,000 --
Rref Ga Snv Rmj Llc -- --
Jones Robert N $1,486,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Glenn E $1,412,000
Previous Owner Jones Robert N $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2015 01/07/15 Sold $1,750,000 -23.9% $302 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $2,300,000 -- $397 / 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 $27,661 $1,102,960 $99,266 $1,003,694
2024 $27,661 $1,102,960 $99,266 $1,003,694
2023 $33,774 $1,369,280 $130,000 $1,239,280
2022 $22,549 $894,120 $130,000 $764,120
2021 $17,162 $658,800 $130,000 $528,800
2020 $16,239 $617,160 $130,000 $487,160
2019 $16,239 $617,160 $130,000 $487,160
2018 $16,239 $617,160 $130,000 $487,160
2017 $13,336 $505,960 $130,000 $375,960
2016 $16,569 $685,160 $234,600 $450,560
2015 $17,140 $716,400 $234,600 $481,800
2014 $17,140 $706,000 $234,600 $471,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Adair Allen

    DeLoach Sotheby's International Realty

    (912) 571-6399

    26 in this area

    39 Total Sales

    Adair Allen
    Section Image
  • John Hallman

    Buyer's Agent in 2015

    John Hallman

    Engel & Volkers Golden Isles

    (404) 219-1063

    5 in this area

    37 Total Sales

    John Hallman
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1567922

Golden Isles Association of REALTORS®

APN: 04-12717

Georgia Glynn County Saint Simons Island 31522

98 Sea Island Lake Cottages Dr, Saint Simons Island, GA

Not Listed for Sale

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.

Nearby Homes