NOT LISTED FOR SALE

116 Butler Ave Unit B Tybee Island, GA 31328

Estimated Value: $634,000 - $821,000

2 Beds
1.5 Baths
978 Sq Ft
$477/mo HOA Fee

Last Sold July 26, 2023

Last sale price $760,000 $777 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,901/month

2 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Breakfast Area or Nook
  • Howard Elementary School Rated A-
  • Deep Water Access
  • Jogging Path

About This Home

As of July 2023

Spectacular Oceanview 2 Bedroom/1.5 Bathroom 978Sqft Condo Directly on Beach at Tybee Lights! Ready to Rent Out with ACTIVE STVR License in Place & Fully Furnished. Located on Beachside of Butler Ave w/ 2022 Income of over $108K+. Highest Income for Price of Condo on Island! Incredible Investment Opportunity for Buyer who is looking for Primary Residence with Oceanviews or to Supplement Cost of a Beach Condo or Strictly as an Investment. Just steps to Beach! Coastal Beach Color Scheme. Open Living Area with Plenty of Natural Light from Patio Overlooking Atlantic Ocean. Full-Size Kitchen is Open to Living Room & Dining Area w/Laminate Wood Floors! Stunning Unobstructed Views from Deck of Beach! Both Bedrooms are Upstairs & Full Bathroom Upstairs. Private Balcony to enjoy Stunning Sunrises, Watch Dolphins Swim, Ships Coming into Port & Fireworks. HOA includes Flood Insurance, Hazard Insurance, Exterior Insurance + Assigned Parking Spot! Easy 5-minute walk to Restaurants, Shopping & More.

Last Agent to Sell the Property

Jenny Rutherford

Jenny Rutherford Real Estate, License #343627 Listed on: 06/30/2023

Last Buyer's Agent

Bryant Mason

Jenny Rutherford Real Estate, License #419327

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • Two or More Common Walls

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Siding

Interior Spaces

  • 978 Sq Ft Home
  • 2-Story Property

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deep Water Access
  • Balcony

Schools

  • May Howard Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4000403027

Community Details

Overview

  • Tybee Lights Condo Association

Recreation

  • Community Beach Access
  • Park
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,568

Year Built

Built in 1977

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • GarageYN: No
  • Construction: Siding
  • Current Zoning: R1
  • Flood Insurance: Yes
  • Legal Description: UNIT 116B TYBEE LIGHTS SAVANNAH BEACH
  • Legal Subdivision: Tybee Lights Sub
  • List Price Per Sq Ft: 741.31
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface: Asphalt
  • Year Built: 1977
  • Advertised Subdivision: Mid Island
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Common Walls: 2 Commonwalls
  • Interior: Foyer; Entrance
  • Kitchen / Breakfast: Breakfast Area, Galley Kitchen, Pantry
  • Laundry: Dryer Connection, Kitchen, Washer Connection
  • Primary Bathroom Features: Tub/Shower
  • Room Count: 6
  • Total Sq Ft: 978

Exterior Features

  • Exterior House: Balcony
  • Water Frontage Type: Deep Water, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Parking Description: Parking Lot

Utilities

  • Cooling Type: Central
  • Heating Type: Forced Air
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 477
  • Association Fee Frequency: Monthly
  • Association Name: Tybee Lights Condo Association
  • Association: Yes
  • Community: Beach Access, Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk To School, Walk To Shopping

Schools

  • Elementary School: May Howard
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • List Price Per Acre: 10357142.86
  • Lot Dimension: 489
  • Lot Size Sq Ft: 3049
  • Lot View: Ocean
  • Num Acres: 0.0700
  • Parcel Number: 4000403027
  • Property Attached: Yes
  • Property Description: Built As Condominium

Tax Info

  • Annual Tax: 5568

MLS Schools

  • Elementary School: May Howard
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 26, 2023
Sold by
Davis Lauren K
Bought by
Denis Heidi and Denis Roberto
Seller's Agent
Jenny Rutherford
Jenny Rutherford Real Estate,
Buyer's Agent
Bryant Mason
Jenny Rutherford Real Estate,
List Price
$725,000
Sold Price
$760,000
Premium/Discount to List
$35,000
4.83%
Views
65
Current Estimated Value
$732,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,363
Avg. Annual Appreciation
-2.84%
Original Mortgage
$570,000
Outstanding Balance
$549,835
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$166,624

Purchase Details

Closed on
Feb 17, 2006
Sold by
Not Provided
Bought by
Davis Lauren K

Purchase Details

Closed on
Nov 24, 2004
Sold by
Rozier Julie R
Bought by
Davis Larry A and Jett John H
Source: Public Records

Range of Values:

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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
Denis Heidi $760,000 --
Davis Lauren K $77,500 --
Davis Larry A $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denis Heidi Michelle $570,000
Previous Owner Davis Lauren K $394,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $760,000 +4.8% $777 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $725,000 -- $741 / 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 $4,950 $245,840 $140,000 $105,840
2023 $4,950 $156,200 $124,000 $32,200
2022 $5,568 $163,480 $124,000 $39,480
2021 $5,557 $165,680 $144,000 $21,680
2020 $5,589 $162,680 $144,000 $18,680
2019 $5,589 $162,680 $144,000 $18,680
2018 $5,582 $162,480 $144,000 $18,480
2017 $5,243 $162,720 $144,000 $18,720
2016 $5,820 $180,640 $162,000 $18,640
2015 $5,848 $181,240 $0 $181,240
2014 $8,708 $182,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Rutherford

    Seller's Agent in 2023

    Jenny Rutherford

    Jenny Rutherford Real Estate,

    (912) 800-9004

    96 in this area

    177 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Bryant Mason

    Jenny Rutherford Real Estate,

    (912) 667-3592

    13 in this area

    15 Total Sales

    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 290109

Savannah Multi-List Corporation

APN: 4000403027

Georgia Chatham County Tybee Island 31328

116 Butler Ave Unit B, Tybee Island, GA

This home is located at 116 Butler Ave Unit B, Tybee Island, GA 31328 since 30 June 2023 and is currently estimated at $701,955, approximately $717 per square foot. This property was built in 1977. 116 Butler Ave Unit B is a home located in Chatham County with nearby schools including Howard Elementary School, Coastal Middle School, and Islands High School.

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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