NOT LISTED FOR SALE

Estimated Value: $742,534 - $879,000

4 Beds
3 Baths
2,016 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $740,000 $367 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,716/month

25 Days on Market

About This Home

As of May 2024

Duplex with 2 (two) Non-owner Occupied STVR certificates and recent approval for an ADU located in the heart of the Victorian District. Remarkable value add opportunity for one looking to partake in the growth and upside of the southern Victorian District and Historic Streetcar District. Only two blocks away from Savannah’s landmark historic Forsyth Park, 116 E Henry’s location makes it appealing for a multitude of reasons including: walkability to major points of interest, proximity to SCAD buildings, popular restaurants and nightlife. Once repositioned, similar STVR comps indicate an annual average gross revenue of $127,000. Unit Mix: (Downstairs - 2 Bed/2 Bath) and (Upstairs - 2 Bed/ 1 Bath). Don’t miss this opportunity to acquire 2 investment units with the potential of 3 with an ADU in one of the most booming areas of Savannah.

Last Agent to Sell the Property

Brett Strickland

DAI Commercial Realty LLC License #389644 Listed on: 03/09/2024

Last Buyer's Agent

David Johnson

eXp Realty LLC License #385650

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Basement: Crawl Space
  • Elementary School: East Broad
  • Fencing: Wood
  • High School: Liberal Studies
  • Listing I D: SA307338
  • Tax Year: 2021
  • Year Built: 1910
  • Zoning: TN-1
  • Property Sub Type: Duplex
  • Universal Property Id: US-13051-N-2005303004-R-N
  • Ownership Type: Investor
  • Community Features: Playground, Park, Shopping, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths
  • Horses: No
  • Lot Size Acres: 0.07
  • Lot Size: 25x105
  • Lot Size Sq Ft: 3049.00
  • Number Of Pads: 4
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Warming Drawer, Washer
  • Has H O A?: No
  • Listing Agent Email: brett.strickland@evrealestate.com
  • Co List Office Mls Id: 1341
  • List Office Name: Engel & Volkers
  • List Office Phone: 912-238-0874
  • Disclosures: Licensed Vacation Rental
  • Special Conditions: Standard
  • Contingent: 2024-03-28
  • Major Change: 2024-05-08
  • Major Change: Closed
  • Modification Timestamp: 2024-05-08
  • Temp Off Market: 2024-05-03
  • Off Market: 2024-05-03
  • Status Change: 2024-05-08
  • Listing Contract: Exclusive Right To Sell
  • Sign: Yes
  • Branded Virtual Tour: https://my.matterport.com/show/?m=qUGLtetjneD&mls=1
  • Unbranded Virtual Tour: https://my.matterport.com/show/?m=qUGLtetjneD&mls=1
  • Doc Change: 2024-03-09
  • Doc Count: 3
  • Photos Change Timestamp: 2024-03-11
  • M L S Status: Closed
  • Orig Sys Key: 11175211
  • Close Price: 740000.00
  • Original List Price: 785000.00
  • Original List Price: 785000.00
  • Prev List Price: 785000.00
  • Standard Status: Closed
  • Directions: Harry Truman Parkway N, Anderson Street Exit toward Henry/Wheaton, Left onto Henry. Property on the right before Drayton.
  • Middle Or Junior School: East Broad
  • Occupant: Tenant
  • Architectural Style: Victorian
  • Common Walls: No Common Walls
  • Construction Type: Wood Siding
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Fireplace Features: Decorative
  • Has Fireplace?: Yes
  • Foundation Details: Brick/Mortar, Raised
  • Is New Construction?: No
  • Patio And Porch Features: Balcony, Front Porch
  • Property Attached Yn: No
  • Stories: 2
  • Parcel#: 2-0053-03-004
  • Zoning Description: Mixed use
  • Electric: 220 Volts
  • @id: https://api.sourceredb.com/odata/Property('6278de1f8833225bccf8a30f3925d8a9')
  • @etag: W/"YmluYXJ5J0FBQUFBQkFrSFVJPSc="
  • Sewer Provider: Public Sewer
  • Current Price: 740000.00
  • Country Subdivision: 13051
  • Estimated Close Date: 2024-04-26
  • Human Modified Y N: No
  • Originating System Buyer Agent Member Key: 8011669
  • Originating System Buyer Office Key: 5759915
  • Originating System List Agent Member Key: 7638602
  • Originating System List Office Key: 1010483
  • Originating System Sub Name: SAV_SAV
  • Record Signature: -1760507111
  • Universal Parcel Id: urn:reso:upi:2.0:US:13051:2-0053-03-004
  • Property Sub Type Additional: Duplex
  • A P I Modification Timestamp: 2025-08-07T01:08:32.582Z
  • Permitted Use: Public
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Pull Down Attic Stairs, Fireplace
  • Laundry Features: Washer Hookup, Dryer Hookup, In Bathroom, Laundry Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Attic Features: Pull-Down Stairs

Exterior Features

  • Exterior Features: Balcony
  • Roof: Asphalt
  • Waterfront?: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Off Street, On Street

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Heating: Central, Electric
  • Heating Yn: Yes

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 3, 2024
Sold by
Coody Hannah
Bought by
Fpt Marketing 2003 Llc
Seller's Agent
Brett Strickland
DAI Commercial Realty LLC
Buyer's Agent
David Johnson
eXp Realty LLC
List Price
$785,000
Sold Price
$740,000
Premium/Discount to List
-$45,000
-5.73%
Views
104
Current Estimated Value
$784,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,634
Avg. Annual Appreciation
3.46%
Original Mortgage
$460,000
Outstanding Balance
$451,843
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$332,791

Purchase Details

Closed on
May 19, 2023
Sold by
Coody Hannah
Bought by
Coody Hannah and Coody Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 30, 2022
Sold by
Coody Hannah
Bought by
Coody Hannah and Coody Andrew
Seller's Agent
Ed Yannett
Epique Realty
Buyer's Agent
Brett Strickland
DAI Commercial Realty LLC
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$487,500
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2018
Sold by
Martin Capers S
Bought by
Jonelle Forte Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,850
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Not Provided
Bought by
Martin Capers S

Purchase Details

Closed on
Dec 3, 2004
Sold by
Lanier Renaissance Inc
Bought by
Tax Free Exchange Co Llc and 1031 Accommodator For Satterlee Properti
Source: Public Records
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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
Fpt Marketing 2003 Llc $740,000 --
Coody Hannah -- --
Coody Hannah -- --
Coody Hannah $650,000 --
Jonelle Forte Trust $335,500 --
Martin Capers S -- --
Tax Free Exchange Co Llc $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fpt Marketing 2003 Llc $460,000
Closed Fpt Marketing 2003 Llc $460,000
Previous Owner Coody Hannah $487,500
Previous Owner Coody Hannah $487,500
Previous Owner Jonelle Forte Trust $234,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $740,000 -5.7% $367 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $785,000 +20.8% $389 / Sq Ft
10/07/2022 10/07/22 Sold $650,000 -1.4% $322 / Sq Ft View Prior Sale
09/07/2022 09/07/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $659,000 -- $327 / Sq Ft
Source: Hive MLS

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 $7,839 $281,520 $56,000 $225,520
2024 $57 $232,400 $40,600 $191,800
2023 $5,666 $194,000 $34,040 $159,960
2022 $4,086 $162,120 $22,400 $139,720
2021 $5,731 $132,560 $14,360 $118,200
2020 $4,174 $132,200 $14,360 $117,840
2019 $5,874 $132,200 $14,360 $117,840
2018 $5,039 $112,040 $14,360 $97,680
2017 $4,357 $114,440 $14,360 $100,080
2016 $2,929 $100,400 $14,360 $86,040
2015 $3,900 $93,520 $14,360 $79,160
2014 $3,331 $94,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: SA307338

Hive MLS

APN: 2005303004