NOT LISTED FOR SALE

116 Rainbow Ln Savannah, GA 31419

Estimated Value: $650,000 - $2,431,000

3 Beds
5 Baths
4,190 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $1,222,000 $292 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,725/month

Highlights

  • Marina
  • Waterfront
  • Spanish Architecture
  • Deep Water Access
  • 2.23 Acre Lot
  • Private Yard

About This Home

As of June 2021

Stunning waterfront home on the Grove River offers 350 feet of water frontage and a private dock with 1200 sqft dock house ( Leased Separate ) Features include in ground pool and soaring ceilings, formal dining room, keeping room and reading nook. The gourmet kitchen boasts stainless steel appliances, oversized island, office and wet-bar area. The master suite has a walk-in custom closet, luxurious bath with Carera Marble and stairs leading to the crow's nest office with wet bar. Additional living space, perfect for guests can be found in the dock house which offers an open concept living room, kitchen, bathroom and bedroom. Spend evenings watching the sunset from the porch at the dock house, the swing over looking the water or from a chair by the pool. Owner also has available for rent with rental, 5 Harley Davidsons , boat, jet ski and canoe rentals with or without you own private captain and security detail.

Last Agent to Rent the Property

Betty Pinckney

Cora Bett Thomas Rentals and M License #46589 Listed on: 06/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,700

Year Built

  • Built in 1998

Lot Details

  • 2.23 Acre Lot
  • Waterfront
  • Private Yard

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deep Water Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Marina
  • Community Pool

Listing and Financial Details

  • Security Deposit $6,000
  • Assessor Parcel Number 1-0995-01-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,700

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Pet Deposit: 250
  • Pets Allowed: Yes
  • Security Deposit: 6000
  • Security Deposit: Yes

Listing Details

  • Construction: Stucco-Hard Coat
  • Legal Description: lot 2 rowland sub
  • List Price Per Sq Ft: 2.39
  • Property Sub Type: Stick Built
  • Property Type: Rental
  • Recreation Facilities: Marina/Dock, Pool-Community
  • Style: Spanish
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Laundry: Laundry Room
  • Total Sq Ft: 4190

Exterior Features

  • Water Frontage Type: Deep Water
  • Waterfront: Yes

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Co-Op Fee: 100.00
  • Co-Op Info: 100.00

Lot Info

  • List Price Per Acre: 4484.30
  • Lot Description: Private Backyard
  • Lot Size Sq Ft: 97139
  • Lot View: Deep Water
  • Num Acres: 2.2300
  • Parcel Number: 1-0995-01-023
  • Property Description: Full Size Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Oct 25, 2017
Sold by
Rowland Lisa B
Bought by
Devey Wayne and Devey Ruth
Seller's Agent
Robin Boaen
Keller Williams Coastal Area P
Buyer's Agent
Heather Booth
BHHS Bay Street Realty Group
List Price
$1,499,900
Sold Price
$1,222,000
Premium/Discount to List
-$277,900
-18.53%
Current Estimated Value
$1,508,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,939
Avg. Annual Appreciation
2.24%
Source: Public Records

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
Devey Wayne $1,222,000 --
Devey Wayne -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Rented $10,000 0.0% --
06/10/2019 06/10/19 For Rent $10,000 0.0% --
10/25/2017 10/25/17 Sold $1,222,000 -18.5% $292 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,499,900 -- $358 / 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 $32,700 $722,200 $226,400 $495,800
2024 $32,700 $556,200 $226,400 $329,800
2023 $18,760 $573,960 $226,400 $347,560
2022 $15,659 $540,240 $226,400 $313,840
2021 $23,573 $446,440 $228,080 $218,360
2020 $16,290 $0 $0 $0
2019 $16,373 $2,790 $0 $0
2017 $9,168 $464,280 $255,760 $208,520
2016 $8,716 $400,000 $151,520 $248,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 208303

Savannah Multi-List Corporation

APN: 1099501023