NOT LISTED FOR SALE

116 E Oglethorpe Ave Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $3,037,000 - $3,579,000

10 Beds
11 Baths
6,668 Sq Ft
$500/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $2,400,000 $360 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $19,629/month

About This Home

Beautiful Brick Home in the heart of the Historic District with double porches and a lovely side garden with small heated pool. This property has two 1 bedroom carriage houses, three 1 bedroom garden level apartments that are licensed for short term rentals and a four car garage. The main House has 3 bedrooms, a media room and office. Original Hardwood floors and crown molding throughout the home. Tons of storage and natural light! Property was completely restored in 1997 and received Historic Tax benefits. Centrally located and walking distance to restaurants and stores. Can be sold mostly furnished. Property in short term rental program.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
116 E Oglethorpe Llc
Bought by
116 E Oglethorpe Savannah Llc
Current Estimated Value
$3,335,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,540,000
Outstanding Balance
$717,747
Interest Rate
3.22%
Mortgage Type
Mortgage Modification
Estimated Equity
$2,617,783

Purchase Details

Closed on
Nov 7, 2018
Sold by
Gierke Wayne M
Bought by
116 E Oglethorpe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2006
Sold by
Not Provided
Bought by
Gierke Wayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Buyer Sale Price Title Company
116 E Oglethorpe Savannah Llc -- --
116 E Oglethorpe Savannah Llc -- --
116 E Oglethorpe Llc $2,400,000 --
Gierke Wayne M $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 116 E Oglethorpe Savannah Llc $2,540,000
Previous Owner 116 E Oglethorpe Llc $1,920,000
Previous Owner Gierke Wayne M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2018 11/08/18 Sold $2,400,000 -15.8% $332 / Sq Ft View Prior Sale
10/18/2018 10/18/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $2,850,000 +18.8% $394 / Sq Ft
08/31/2018 08/31/18 Off Market $2,400,000 -- --
02/12/2018 02/12/18 For Sale $2,850,000 -- $394 / Sq Ft

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 $25,013 $865,300 $192,000 $673,300
2024 $25,013 $865,300 $192,000 $673,300
2023 $23,272 $937,480 $192,000 $745,480
2022 $21,550 $818,920 $129,600 $689,320
2021 $19,736 $699,080 $129,600 $569,480
2020 $25,176 $0 $0 $0
2019 $46,391 $752 $0 $0
2018 $26,592 $700,600 $129,600 $571,000
2017 $29,275 $627,720 $129,600 $498,120
2016 $21,440 $741,200 $129,600 $611,600
Source: Public Records

Agents Affiliated with this Home

  • Helen Johnson

    Seller's Agent in 2018

    Helen Johnson

    Daniel Ravenel SIR

    (912) 658-4638

    Helen Johnson
    Section Image

  • M

    Buyer's Agent in 2018

    Matthew Allan KW

    Keller Williams Coastal Area P

    (912) 401-4663

    Matthew Allan KW
    Section Image
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Map

Georgia Chatham County Savannah 31401 Historic Savannah

116 E Oglethorpe Ave, Savannah, GA

Not Listed for Sale

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