NOT LISTED FOR SALE

1 2nd Ave Tybee Island, GA 31328

Estimated Value: $919,000 - $1,231,000

6 Beds
4 Baths
2,381 Sq Ft
$472/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,266,000 $532 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,058/month

49 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Deck
  • Howard Elementary School Rated A-
  • Boat Ramp
  • Traditional Architecture

About This Home

As of March 2023

BRAND NEW ROOF!! One part Tybee and one part Hollywood! Owned by one family for 70 years, this three unit multifamily beachfront home was used for filming the hit movie Magic Mike! These three separate units all feature open floor plan with separate kitchens, two bedrooms, one bathroom (unit C has two bathrooms), laundry room, private porches, private off street parking, and an individual STVR license per unit. This property is located directly across the street from the boardwalk to the beach and is protected from storms by a large berm. This property is turn key, ready to immediately continue renting, and furniture/appliances will convey in the sale. In addition, it is within walking distance of the surf break, Fort Screven, North Beach Bar & Grill, etc. 3d Matterport tour for all three units is available upon request.

Last Agent to Sell the Property

Nicholas Oliver

Keller Williams Coastal Area P License #377482 Listed on: 02/10/2023

Keller Williams Coastal Area P

Last Buyer's Agent

Patrick Bergen

Salt Marsh Realty LLC License #389447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,700

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,381 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 6 Car Attached Garage
  • 6 Carport Spaces

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch

Schools

  • Islands Elementary School
  • Coastal Middle School
  • Johnson High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Boat Ramp
  • Community Beach Access
  • Marina
  • Community Playground
  • Park
  • Jogging Path

Listing and Financial Details

  • Assessor Parcel Number 4000315006

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,700

Year Built

Built in 1935

Lot Details

0

Listing Details

  • GarageYN: No
  • Construction: Siding, Vinyl
  • Current Zoning: R1
  • Flood Insurance: Yes
  • Inclusions: Ceiling Fans, Dryer, Refrigerator
  • Legal Description: LOT 47A WD 1 SAVANNAH BEACH
  • Legal Subdivision: Tybee Island
  • List Price Per Sq Ft: 577.49
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Marina/Dock, Playground
  • Style: Traditional
  • Year Built: 1935
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Total Sq Ft: 2381

Exterior Features

  • Other Structures: Storage Building
  • Exterior House: Balcony, Deck, Front Porch, Porch, Wrap Porch
  • Roof: Asphalt
  • Water Frontage Type: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Num Carport Spaces: 6
  • Garage Spaces: 6
  • Parking Description: Attached

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 3
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Boat Ramp, Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk To Shopping

Lot Info

  • List Price Per Acre: 12500000.00
  • Lot Size Sq Ft: 4792
  • Num Acres: 0.1100
  • Parcel Number: 4000315006

MLS Schools

  • Elementary School: ISLANDS
  • HighSchool: JOHNSON
  • Middle School: COASTAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Pfh Propco Llc
Bought by
Pfh Propco Al1 Llc
Current Estimated Value
$1,124,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,154
Outstanding Balance
$509,844
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$614,823

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 29, 2023
Sold by
Gambrell Tracy P
Bought by
Pfh Propco Llc
Seller's Agent
Nicholas Oliver
Keller Williams Coastal Area P
Buyer's Agent
Patrick Bergen
Salt Marsh Realty LLC
List Price
$1,375,000
Sold Price
$1,266,000
Premium/Discount to List
-$109,000
-7.93%
Views
298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.48%

Purchase Details

Closed on
Jan 8, 2016
Sold by
Penny Joseph E
Bought by
Gambrell Tracy P and Penny Elizabeth
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
Pfh Propco Al1 Llc -- --
Pfh Propco Llc $1,266,000 --
Gambrell Tracy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfh Propco Al1 Llc $851,154
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,266,000 -7.9% $532 / Sq Ft
02/10/2023 02/10/23 For Sale $1,375,000 -- $577 / Sq Ft
Source: Savannah Multi-List Corporation

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 $25,700 $406,760 $150,000 $256,760
2024 $25,700 $407,400 $150,000 $257,400
2023 $14,676 $351,720 $150,000 $201,720
2022 $5,154 $220,040 $150,000 $70,040
2021 $5,037 $153,360 $83,200 $70,160
2020 $5,389 $156,840 $76,800 $80,040
2019 $5,388 $156,840 $76,800 $80,040
2018 $5,358 $155,960 $76,800 $79,160
2017 $4,990 $154,880 $76,800 $78,080
2016 $4,918 $152,640 $76,800 $75,840
2015 $4,348 $134,760 $75,840 $58,920
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Oliver

    Seller's Agent in 2023

    Nicholas Oliver

    Keller Williams Coastal Area P

    (912) 655-3986

    2 in this area

    150 Total Sales

    Nicholas Oliver
    Section Image
  • Patrick Bergen

    Buyer's Agent in 2023

    Patrick Bergen

    Salt Marsh Realty LLC

    (803) 237-0342

    3 in this area

    64 Total Sales

    Patrick Bergen
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 283206

Savannah Multi-List Corporation

APN: 4000315006

Georgia Chatham County Tybee Island 31328

1 2nd Ave, Tybee Island, GA

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