NOT LISTED FOR SALE

Estimated Value: $911,104 - $1,069,000

3 Beds
2.5 Baths
1,612 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $575,000 $357 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,252/month

339 Days on Market

Highlights

  • Community Beach Access
  • Boat Ramp
  • Deck
  • Howard Elementary School Rated A-
  • RV Parking in Community
  • Screened Porch

About This Home

As of June 2020

Welcome to 12 8th Lane on Tybee Island. If you have been looking for something on the beach side of Butler Avenue, consider this opportunity. Positioned on a large lot this 3 bedroom, 2 bath cottage has been meticulously maintained and ready for you to start enjoying Living A Coastal Lifestyle. Interiors feature large kitchen and great room with pine floors and Savannah Grey brick fireplace. You'll love spending time outside and the ocean breezes on the generous screen porch and deck. Downstairs has a beach shower and an enclosed area with half bath that could double as workshop or storage for all the beach toys and more. Located mid island on one of the widest sections of the beach, it’s convenient to everything Tybee has to offer. Dining, entertainment, shopping, the YMCA, library and Park are all just a short walk or bike ride away. 8th Lane is a private lane with no public parking or access to the beach, shared with only 4 other homeowners. Annual flood premium of $757.

Last Listed By

Cindy Meyer

Seabolt Real Estate License #237139 Listed on: 07/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,921

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 90 x 81 x 90 x81
  • Interior Lot
  • Level Lot

Parking

  • 2 Carport Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,612 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Storage Room
  • Basement Storage
  • Pull Down Stairs to Attic

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on upper level
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4-0006-03-008

Community Details

Overview

  • RV Parking in Community

Recreation

  • Boat Ramp
  • Community Beach Access
  • Marina
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,921

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Annual Flood Insurance: 757
  • Construction: Siding
  • Flood Insurance: Yes
  • Inclusions: Ceiling Fans
  • Legal Description: E 90 FT OF W 175 FT OF 53 WD 2 T YBEE
  • List Price Per Sq Ft: 395.78
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Marina/Dock, Playground, Pool-Community, Tennis Courts, Volleyball
  • Road Surface: Gravel
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker Connection, Microwave, Range/Oven, Refrigerator, Washer
  • Attic: Pull Down
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace Location: Great Room
  • Kitchen / Breakfast: Breakfast Area, Galley Kitchen, Island
  • Laundry: Dryer Connection, Kitchen, Upstairs, Washer Connection
  • Primary Bathroom Features: Double Vanities, Separate Shower
  • Master Bedroom Description: Master Up
  • Fireplaces: 1
  • Total Sq Ft: 1612

Exterior Features

  • Exterior House: Deck, Screen Porch
  • Foundation: Pier
  • Roof: Composition

Garage/Parking

  • Num Carport Spaces: 2
  • Num Parking Pad: 2
  • Parking Description: Drive Under/Basement, Storage Room

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Boat Ramp, Boat/Camper/Van Parking, Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk To Shopping

Schools

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

Lot Info

  • List Price Per Acre: 3752941.18
  • Lot Description: City, Interior, Level
  • Lot Dimension: 90 x 81 x 90 x81
  • Lot Size Sq Ft: 7405
  • Num Acres: 0.1700
  • Parcel Number: 4-0006-03-008
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 6921

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jun 24, 2020
Sold by
Jaja Llc
Bought by
Krieger Andrew and Krieger Colleen
Seller's Agent
Cindy Meyer
Seabolt Real Estate
Buyer's Agent
Melissa Groves
Keller Williams Coastal Area P
List Price
$638,000
Sold Price
$575,000
Premium/Discount to List
-$63,000
-9.87%
Total Days on Market
339
Current Estimated Value
$959,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,440
Avg. Annual Appreciation
11.86%
Original Mortgage
$510,400
Outstanding Balance
$457,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$533,925

Purchase Details

Closed on
May 26, 2005
Sold by
Not Provided
Bought by
Jaja Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.69%
Mortgage Type
New Conventional

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
Krieger Andrew $575,000 --
Jaja Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krieger Andrew $129,500
Open Krieger Andrew $510,400
Previous Owner Jaja Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $575,000 -9.9% $357 / Sq Ft
01/20/2020 01/20/20 For Sale $638,000 +11.0% $396 / Sq Ft
12/31/2019 12/31/19 Off Market $575,000 -- --
07/22/2019 07/22/19 For Sale $638,000 -- $396 / 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 $11,201 $350,240 $225,000 $125,240
2023 $10,894 $343,760 $225,000 $118,760
2022 $7,011 $317,720 $225,000 $92,720
2021 $7,023 $208,600 $124,800 $83,800
2020 $6,984 $203,280 $115,200 $88,080
2019 $6,984 $203,280 $115,200 $88,080
2018 $6,407 $201,480 $115,200 $86,280
2017 $6,391 $199,320 $115,200 $84,120
2016 $6,391 $198,360 $115,200 $83,160
2015 $5,811 $180,080 $115,200 $64,880
2014 $8,654 $181,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Savannah Multi-List Corporation

MLS Number: 210061

Savannah Multi-List Corporation

APN: 4000603008