1002 E 40th St Savannah, GA 31401
Midtown Savannah NeighborhoodEstimated Value: $467,000 - $522,000
3
Beds
2
Baths
1,480
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Central Heating and Cooling System
- Savannah Arts Academy Rated A+
- Bungalow
- 4-minute walk to Daffin Park
About This Home
As of November 2021SWOON 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 Agent to Sell the Property
Susanne Ridgeway
Engel & Volkers License #369196 Listed on: 10/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,623
Year Built
- Built in 1923
Lot Details
- 4,356 Sq Ft Lot
- Property is zoned RIP
Parking
- On-Street Parking
Home Design
- Bungalow
Interior Spaces
- 1,480 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 250
- Assessor Parcel Number 2006325014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2021
Closed on
Nov 29, 2021
Sold by
Frye Michael E
Bought by
Burk Stephanie A
Seller's Agent
Susanne Ridgeway
Engel & Volkers
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,892
Avg. Annual Appreciation
7.00%
Original Mortgage
$273,000
Outstanding Balance
$252,714
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$243,484
Purchase Details
Listed on
Apr 16, 2015
Closed on
Aug 21, 2015
Sold by
Albert Andrew
Bought by
Frye Michael E and Frye Angela G
Seller's Agent
Carolyn Ezelle
Daniel Ravenel SIR
Buyer's Agent
Jacqueline Mason
Keller Williams Coastal Area P
List Price
$196,000
Sold Price
$185,000
Premium/Discount to List
-$11,000
-5.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
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
Similar Homes in Savannah, GA
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Home Values in the Area
Average Home Value in this Area
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 | |
| Closed | Burk Stephanie A | $273,000 | |
| Previous Owner | Frye Michael E | $167,000 | |
| Previous Owner | Frye Michael E | $165,000 | |
| Previous Owner | Southerland John B | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $390,000 | -2.5% | $264 / Sq Ft |
| 11/26/2021 11/26/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $400,000 | +116.2% | $270 / Sq Ft |
| 08/21/2015 08/21/15 | Sold | $185,000 | -5.6% | $125 / Sq Ft |
| 07/22/2015 07/22/15 | Pending | -- | -- | -- |
| 04/16/2015 04/16/15 | For Sale | $196,000 | -- | $132 / Sq Ft |
Source: Savannah Multi-List Corporation
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 | $2,623 | $173,000 | $41,600 | $131,400 |
| 2023 | $941 | $178,360 | $41,600 | $136,760 |
| 2022 | $1,091 | $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
-
Seller's Agent in 2021
Susanne Ridgeway
Engel & Volkers
(912) 596-7450
-
Stewart Marshall
Buyer's Agent in 2021
Stewart Marshall
Daniel Ravenel SIR
(912) 655-5599
1 in this area
89 Total Sales
-
Carolyn Ezelle
Seller's Agent in 2015
Carolyn Ezelle
Daniel Ravenel SIR
(912) 272-9711
2 in this area
71 Total Sales
-
Lavinia Strong
Seller Co-Listing Agent in 2015
Lavinia Strong
Daniel Ravenel SIR
(912) 272-3250
1 in this area
80 Total Sales
-
Jacqueline Mason
Buyer's Agent in 2015
Jacqueline Mason
Keller Williams Coastal Area P
(912) 232-8580
11 in this area
94 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 258195
APN: 2006325014
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