$1,450,000
SOLD APR 14, 2025
10 Beds
10 Baths
5,357 Sq Ft
6,708 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

9% Below List Price

160 Days on Market

Highlights

  • 6,708 Sq Ft lot
  • Wood Flooring
  • No HOA
  • Savannah Arts Academy Rated A+
  • Victorian Architecture
  • Cooling Available

About This Home

As of April 2025

Prime Corner Lot in Thomas Square district: Zoned TC-1, this versatile property is perfect for various business ventures, including restaurants, coffee shops, medical spas, and offices. Also ideal for a 10 room Bead and Breakfast / Inn or AirBnB. Located within walking distance to popular dining spots and SCAD buildings, it features a main house and 3 unit carriage house totaling approximately 5,400 sq. ft., with additional outdoor dining space. The total lot size is 6,708 sq. ft., offering room for an extra carriage house, or off-street parking. Cosmetic updating needed, big value-add upside. Sold as-is. Seller will also consider a lease. This could be an owner occupied business, Owner could live upstairs and operate a business downstairs.

Last Agent to Sell the Property

Shane Litts

BHHS Bay Street Realty Group License #375076 Listed on: 11/05/2024

BHHS Bay Street Realty Group

Last Buyer's Agent

Catherine Cooper

Daniel Ravenel SIR License #392756

Daniel Ravenel SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,574

Year Built

  • Built in 1910

Lot Details

  • 6,708 Sq Ft Lot
  • No Common Walls
  • No Unit Above or Below
  • Privacy Fence

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,357 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Schools

  • Shuman Elementary School
  • Hubert Middle School
  • School Of Liber High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2006504001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,574

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1910
  • Lease Assignable: No
  • Road Surface Type: Asphalt
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Victorian
  • Reso Flooring: Hardwood
  • Property Attached Yn: No
  • Master Plan Zoning: TC-1
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Common Walls: No One Above, No One Below, No Common Walls
  • Full Bathrooms: 10
  • Total Bedrooms: 10
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Other Structures: Other
  • Roof: Composition
  • Waterfront: No
  • Acres: 0.154
  • Construction Type: Stucco
  • Foundation Details: Raised

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: hubert

Lot Info

  • Fencing: Privacy
  • Land Lease: No
  • Lot Size Area: 0.154
  • Lot Size Sq Ft: 6708.0
  • Parcel Number: 2006504001
  • Lot Dimensions: 120x60
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial,Multi Family
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Shuman
  • HighSchool: School of Liber

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Apr 14, 2025
Sold by
Yap Lee Fong
Bought by
101 Starland East Llc
Seller's Agent
Shane Litts
BHHS Bay Street Realty Group
Buyer's Agent
Catherine Cooper
Daniel Ravenel SIR
List Price
$1,590,000
Sold Price
$1,450,000
Premium/Discount to List
-$140,000
-8.81%
Views
55
Current Estimated Value
$1,777,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,022
Avg. Annual Appreciation
38.82%
Original Mortgage
$1,724,670
Outstanding Balance
$1,601,771
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$175,251

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 30, 2024
Sold by
Cheng Karen Nazon
Bought by
Yap Lee Fong
Seller's Agent
Kenneth Sadler
Keller Williams Coastal Area P
Buyer's Agent
Kenneth Sadler
Keller Williams Coastal Area P
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.80%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Not Provided
Bought by
Cheng Nazon and Cheng Karen & Xu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.38%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Limited Warranty Deed $1,450,000 --
Warranty Deed -- --
Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,724,670 New Conventional
Previous Owner $340,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Sold $1,450,000 -8.8% $271 / Sq Ft
11/05/2024 11/05/24 For Sale $1,590,000 +54.4% $297 / Sq Ft
04/30/2024 04/30/24 Sold $1,030,000 -6.4% $192 / Sq Ft View Prior Sale
02/15/2024 02/15/24 For Sale $1,100,000 -- $205 / 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 $7,574 $330,000 $64,000 $266,000
2024 $7,574 $380,600 $64,000 $316,600
2023 $6,787 $372,320 $32,000 $340,320
2022 $3,391 $300,240 $32,000 $268,240
2021 $10,423 $263,880 $14,000 $249,880
2020 $9,837 $238,360 $14,000 $224,360
2019 $9,865 $238,360 $14,000 $224,360
2018 $6,755 $235,960 $14,000 $221,960
2017 $6,163 $231,960 $27,080 $204,880
2016 $6,199 $286,480 $27,080 $259,400
2015 $9,104 $247,160 $27,080 $220,080
2014 $10,770 $201,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 321819

Savannah Multi-List Corporation

APN: 2006504001