NOT LISTED FOR SALE

1002 E 40th St Savannah, GA 31401

Midtown Savannah Neighborhood

Estimated Value: $467,000 - $533,000

3 Beds
2 Baths
1,480 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $390,000 $264 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,795/month

16 Days on Market

About This Home

As of November 2021

SWOON WORTHY-CRAFTSMAN BUNGALOW c. 1923 -BALDWIN PARK-Melding historic charm with modern flair & conveniences. Restored hardwood floors greet you as you enter. Large family room with original fireplace, oversized dining room, built-in bookcases, and a modern updated kitchen with butcher block countertops. The owner's suite features a deluxe en-suite with a dedicated on-demand hot water heater, double vanities, dual shower zones, & Bluetooth speakers. Two spacious guest rooms share a fully renovated guest. The home was professionally renovated to include a NEW ROOF, NEW HVAC, NEW DUCTWORK, NEW WINDOWS, & CUSTOM WOOD BLINDS. An 8FT wood fence provides privacy to the outside sanctuary! Wind down in the 5 person HOT TUB surrounded by a custom-built, screened, spa-like shelter, that spills onto a huge deck. The yard is a garden oasis, filled with a variety of fruit trees, and fragrant plants that bloom year-round. Quick easy access to Historic Savannah, Tybee Island, Daffin Park.

Last Buyer's Agent

Stewart Marshall

Daniel Ravenel SIR License #181579

Home Details

Home Type

Single Family

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Water Heater
  • Original List Price: 400000.00
  • Architectural Style: Bungalow
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Laundry Features: Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Waterfront?: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Street

Utilities

  • Utilities: Underground Utilities
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Has H O A?: No

Lot Info

  • Zoning: RIP
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.00
  • Parcel#: 2006325014

Tax Info

  • Tax Lot: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 29, 2021
Sold by
Frye Michael E
Bought by
Burk Stephanie A
Buyer's Agent
Stewart Marshall
Daniel Ravenel SIR
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$495,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,681
Avg. Annual Appreciation
5.95%
Original Mortgage
$273,000
Outstanding Balance
$250,026
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$245,655

Purchase Details

Closed on
Aug 21, 2015
Sold by
Albert Andrew
Bought by
Frye Michael E and Frye Angela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Not Provided
Bought by
Lara Albert Andrew and Lara Albert

Purchase Details

Closed on
Jan 11, 2005
Sold by
Cb Mortgage Co
Bought by
Southerland John B and Smith Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1992
Sold by
Savannah Mortgage Co Inc
Bought by
Cb Mortgage Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burk Stephanie A $390,000 --
Frye Michael E $185,000 --
Lara Albert Andrew $163,500 --
Southerland John B $41,000 --
Southerland John B $41,000 --
Cb Mortgage Co $15,622 --
Cb Mortgage Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burk Stephanie A $273,000
Previous Owner Frye Michael E $165,000
Previous Owner Southerland John B $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $390,000 -2.5% $264 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $400,000 -- $270 / Sq Ft
Source: Hive MLS

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 $2,623 $208,480 $41,600 $166,880
2024 $20 $173,000 $41,600 $131,400
2023 $941 $178,360 $41,600 $136,760
2022 $2,437 $149,320 $28,000 $121,320
2021 $0 $89,400 $20,000 $69,400
2020 $0 $84,640 $20,000 $64,640
2019 $1,416 $84,640 $20,000 $64,640
2018 $0 $75,040 $20,000 $55,040
2017 $0 $71,880 $15,440 $56,440
2016 $1,416 $65,200 $15,440 $49,760
2015 $2,803 $67,200 $15,440 $51,760
2014 $3,728 $67,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2021

    Stewart Marshall

    Daniel Ravenel SIR

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Map

Source: Hive MLS

MLS Number: SA258195

Hive MLS

APN: 2006325014

Georgia Chatham County Savannah 31401 Midtown Savannah

1002 E 40th St, Savannah, GA

Not Listed for Sale

Detached

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