NOT LISTED FOR SALE

1002 E 40th St Savannah, GA 31401

Midtown Savannah Neighborhood

Estimated Value: $463,000 - $517,000

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 $2,970/month

42 Days on Market

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 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 Listed By

Susanne Ridgeway

Engel & Völkers License #369196 Listed on: 10/13/2021

Engel & Völkers

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,623

Year Built

Built in 1923

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1923
  • ResoLaundryFeatures: Laundry Room
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Bungalow
  • Property Attached Yn: No
  • Master Plan Zoning: RIP
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Acres: 0.1

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Parcel Number: 2006325014
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 250

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 & Völkers
Buyer's Agent
Stewart Marshall
Daniel Ravenel SIR
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Total Days on Market
42
Current Estimated Value
$496,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,198
Avg. Annual Appreciation
7.25%
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

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
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

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 $2,623 $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

  • Susanne Ridgeway

    Seller's Agent in 2021

    Susanne Ridgeway

    Engel & Völkers

    (912) 596-7450

    Section Image
  • Stewart Marshall

    Buyer's Agent in 2021

    Stewart Marshall

    Daniel Ravenel SIR

    (912) 655-5599

    1 in this area

    88 Total Sales

    Stewart Marshall
    Section Image
  • Carolyn Ezelle

    Seller's Agent in 2015

    Carolyn Ezelle

    Daniel Ravenel SIR

    (912) 272-9711

    2 in this area

    71 Total Sales

    Carolyn Ezelle
    Section Image
  • Lavinia Strong

    Seller Co-Listing Agent in 2015

    Lavinia Strong

    Daniel Ravenel SIR

    (912) 272-3250

    1 in this area

    82 Total Sales

    Lavinia Strong
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  • Jacqueline Mason

    Buyer's Agent in 2015

    Jacqueline Mason

    Keller Williams Coastal Area P

    (912) 232-8580

    11 in this area

    91 Total Sales

    Jacqueline Mason
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Map

Source: Savannah Multi-List Corporation

MLS Number: 258195

Savannah Multi-List Corporation

APN: 2006325014

Georgia Chatham County Savannah 31401 Midtown Savannah

1002 E 40th St, Savannah, GA

Homes for Sale in Savannah, GA

This home is located at 1002 E 40th St, Savannah, GA 31401 since 13 October 2021 and is currently estimated at $496,198, approximately $335 per square foot. This property was built in 1923. 1002 E 40th St is a home located in Chatham County with nearby schools including Shuman Elementary School, Hubert Middle School, and Savannah Arts Academy.

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.

Savannah Multi-List Corporation 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.

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