NOT LISTED FOR SALE

1002 Wilmington Island Rd Savannah, GA 31410

Estimated Value: $2,551,000 - $3,609,323

5 Beds
3.5 Baths
3,958 Sq Ft
$774/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $3,277,200 $828 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $17,975/month

55 Days on Market

Highlights

  • Marina
  • Boat Dock
  • RV Access or Parking
  • Howard Elementary School Rated A-
  • Deep Water Access
  • Primary Bedroom Suite

About This Home

As of June 2024

This gorgeous Savannah property sits on close to 3 acres on the Wilmington River. With 200 feet of waterfront and a new dock, the property offers direct access to coastal activities such as boating, fishing, and water sports. The main house is 3,958 square feet with a detached garage and a separate income producing 700 square foot apartment. The main house features 4 bedrooms with two and a half baths. The dock was completely rebuilt in 2016. The home has all new electrical, HVAC, doors and windows. The presence of a 700 square foot apartment that is income-producing adds significant value to the property. Given the desirable coastal location and the increasing demand for waterfront properties, the home has the potential for long-term appreciation, making it a valuable investment opportunity. The waterfront location provides stunning views and opportunities for waterfront activities, enhancing the overall lifestyle appeal of the property!

Last Agent to Sell the Property

Anna Young

Corcoran Austin Hill Realty License #413552 Listed on: 04/03/2024

Corcoran Austin Hill Realty

Last Buyer's Agent

Maureen O'Connor Simmons

Re/Max Savannah License #148262

Re/Max Savannah

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,739

Year Built

  • Built in 1969

Lot Details

  • 2.85 Acre Lot
  • Waterfront
  • Irrigation
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 3,958 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Screened Porch
  • River Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deep Water Access

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1010704005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,739

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Dryer,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1969
  • ResoLaundryFeatures: Dryer Hookup, Laundry Room
  • Reso View: River, Water
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Reso Interior Features: Bathtub, Ceiling Fan(s), Double Vanity, Primary Suite, Tub Shower
  • Property Attached Yn: No
  • Tax Year: 2023
  • Master Plan Zoning: R1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas, Great Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Other Structures: Workshop
  • Waterfront: Yes
  • Acres: 2.85
  • View: Yes
  • Waterfront Features: Deep Water, Water Access
  • Home Warranty: No
  • Construction Type: Stick Built
  • Exterior Features: Porch, Sprinkler/Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Front Porch, Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Dock, Marina

Lot Info

  • Lot Size Area: 2.85
  • Lot Size Sq Ft: 124146.0
  • Parcel Number: 1010704005
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 12, 2024
Sold by
Triplett Hunter T
Bought by
Tuggle Everedith Silva and Tuggle Ronald David
Seller's Agent
Anna Young
Corcoran Austin Hill Realty
Buyer's Agent
Maureen O'Connor Simmons
Re/Max Savannah
List Price
$3,500,000
Sold Price
$3,277,200
Premium/Discount to List
-$222,800
-6.37%
Views
108
Current Estimated Value
$3,064,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,759
Avg. Annual Appreciation
-5.07%
Original Mortgage
$977,200
Outstanding Balance
$964,896
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$2,099,545
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
Tuggle Everedith Silva $3,277,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuggle Everedith Silva $977,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $3,277,200 -6.4% $828 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $3,500,000 -- $884 / 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 $20,739 $948,040 $540,000 $408,040
2024 $20,739 $999,840 $540,000 $459,840
2023 $19,501 $684,880 $450,000 $234,880
2022 $13,666 $614,960 $450,000 $164,960
2021 $13,982 $581,240 $450,000 $131,240
2020 $13,735 $0 $0 $0
2019 $13,819 $186,432 $0 $0
2018 $12,096 $578,680 $450,000 $128,680
2017 $11,745 $587,480 $450,000 $137,480
2016 $11,719 $578,680 $450,000 $128,680
2014 $17,048 $578,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 309507

Savannah Multi-List Corporation

APN: 1010704005