NOT LISTED FOR SALE

112 2nd Ave Tybee Island, GA 31328

Estimated Value: $677,000 - $824,000

4 Beds
3 Baths
1,728 Sq Ft
$429/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $459,000 $266 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,810/month

21 Days on Market

Highlights

  • Community Beach Access
  • Traditional Architecture
  • Park
  • Howard Elementary School Rated A-
  • Covered patio or porch
  • Central Heating and Cooling System

About This Home

As of January 2021

This is a newly updated tri-plex close to the beach, restaurants and shopping! Downstairs is a 2 bedroom, 1 bath apartment with eat-in kitchen. Upstairs are two separate 1 bedroom, 1 bath apartments with a covered porch. Freshly painted interior and exterior with awesome beach cottage scheme. This is an investment property that could be used for vacation rental to create a great income stream. You could also use one apartment for yourself and lease the others! Off street parking for 4 or more vehicles. Newly landscaped also!

Last Listed By

Pamela Chance

Keller Williams Coastal Area P License #260812 Listed on: 11/06/2020

Keller Williams Coastal Area P

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1977

Lot Details

  • 4,792

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 4,792 Sq Ft Lot
  • City Lot

Community Details

  • Community Beach Access
  • Park

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 4-0004-01-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,910

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Construction: Cinder Block, Vinyl, Wood
  • Current Zoning: R2
  • Flood Insurance: Yes
  • Home Warranty: Negotiable
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Refrigerator
  • Legal Description: LOT 33B WD 1 TYBEE
  • Legal Subdivision: Ward 1
  • List Price Per Sq Ft: 277.20
  • Property Sub Type: Tri-Plex
  • Property Type: Multifamily
  • Road Surface: Asphalt
  • Style: Traditional
  • Year Built: 1977
  • Zoning Description: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric, Range, Refrigerator
  • Attic: Scuttle
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1728

Exterior Features

  • Exterior House: Patio-Covered, Porch
  • Foundation: Slab
  • Roof: Asphalt

Garage/Parking

  • Num Parking Pad: 4
  • Parking Description: Off Street

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 3
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Park, Sidewalks, Walk To School, Walk To Shopping

Lot Info

  • List Price Per Acre: 4354545.45
  • Lot Description: City
  • Lot Num: 33b
  • Lot Size Sq Ft: 4792
  • Num Acres: 0.1100
  • Parcel Number: 4-0004-01-005

Tax Info

  • Annual Tax: 4910

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 22, 2021
Sold by
112 2Nd Avenue Llc
Bought by
Poole Gregory D and Poole Rainbow J
Seller's Agent
Pamela Chance
Keller Williams Coastal Area P
Buyer's Agent
Gregory Poole
Century 21 Results
List Price
$479,000
Sold Price
$459,000
Premium/Discount to List
-$20,000
-4.18%
Total Days on Market
21
Current Estimated Value
$741,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,224
Avg. Annual Appreciation
11.68%
Original Mortgage
$344,250
Outstanding Balance
$310,897
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$430,327

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 7, 2017
Sold by
Moesch Dean V
Bought by
112 2Nd Avenue Llc
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Jennifer Collins
Whitley & Associates, Inc
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$258,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 24, 2017
Sold by
Sanders Elizabeth P
Bought by
Moesch Dean V
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Jennifer Collins
Whitley & Associates, Inc
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2016
Sold by
Vera Lou
Bought by
Sanders Elizabeth P

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
Poole Gregory D $459,000 --
112 2Nd Avenue Llc -- --
Moesch Dean V $345,000 --
Sanders Elizabeth P $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Gregory D $344,250
Previous Owner Moesch Dean V $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $459,000 -4.2% $266 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $479,000 +38.8% $277 / Sq Ft
07/24/2017 07/24/17 Sold $345,000 -2.8% $200 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $355,000 -- $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
2024 $7,932 $238,040 $130,000 $108,040
2023 $7,085 $223,560 $120,000 $103,560
2022 $4,801 $183,600 $103,280 $80,320
2021 $4,618 $142,840 $54,000 $88,840
2020 $5,165 $150,320 $54,000 $96,320
2019 $5,164 $150,320 $54,000 $96,320
2018 $3,956 $126,560 $54,000 $72,560
2017 $3,097 $80,000 $50,880 $29,120
2016 $3,097 $96,120 $64,480 $31,640
2015 $3,142 $97,360 $64,480 $32,880
2014 $4,715 $98,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 238089

Savannah Multi-List Corporation

APN: 4000401005