NOT LISTED FOR SALE

12 Silver Ave Unit 201 Tybee Island, GA 31328

Estimated Value: $579,026 - $624,000

3 Beds
2 Baths
1,464 Sq Ft
$320/mo HOA Fee

Last Sold August 05, 2020

Last sale price $360,000 $246 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,307/month

184 Days on Market

Highlights

  • Gourmet Kitchen
  • Traditional Architecture
  • Breakfast Area or Nook
  • Howard Elementary School Rated A-
  • Covered patio or porch
  • 2-minute walk to Park of Seven Flags

About This Home

As of August 2020

Luxurious 3Bd / 2Ba condominium located on the beachside of Butler Avenue. Short walk to the beachfront, restaurants, Tybee Pier, and shopping. Don't miss this exceptional unit located in a post tension concrete building. Low dues, commercial zoning, and only 9 units in the development. Elevator and private parking for 2 cars. Sold turnkey and ready to rent. Large unit with ample room for entertaining guests and family. Hardwood floors, granite countertops, and very large master bathroom. Live the beach lifestyle today!

Last Agent to Sell the Property

Brent Palmer

Waterline Real Estate Group License #268312 Listed on: 02/03/2020

Last Buyer's Agent

Brent Palmer

Waterline Real Estate Group License #268312 Listed on: 02/03/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1 Common Wall

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Rolled or Hot Mop Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • 2 Parking Garage Spaces

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Maritme Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

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

Community Details

  • Silver Seas Condominium Association

Listing and Financial Details

  • Assessor Parcel Number 4-0008-05-325

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,511

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Construction: Cinder Block, Stucco-Hard Coat
  • Current Zoning: C1
  • Flood Insurance: Yes
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: UNIT 201 SILVER SEAS CONDOMINIUM CPB 2C-364,365A
  • Legal Subdivision: Silver Seas Condos
  • List Price Per Sq Ft: 252.39
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface: Asphalt, Brick
  • Style: Traditional
  • Year Built: 2007
  • Zoning Description: Commercial, Mixed Use
  • Advertised Subdivision: Silver Seas
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Common Walls: 1 Commonwalls
  • Kitchen / Breakfast: Breakfast Area, Gourmet Kitchen, Pantry
  • Laundry: Laundry Room
  • Primary Bathroom Features: Double Vanities, Separate Shower, Tub
  • Master Bedroom Description: Master Main
  • Total Sq Ft: 1464
  • Unit Floor: 2

Exterior Features

  • Exterior House: Balcony, Patio-Covered
  • Foundation: Concrete
  • Roof: Rolled Rubber
  • Structure: Updated

Garage/Parking

  • Num Assigned Spaces: 2
  • Num Carport Spaces: 2
  • Garage Spaces: 2
  • Num Parking Pad: 2
  • Parking Description: Drive Under/Basement

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Electric: 220 Volt
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Association Name: Silver Seas Condominium Association
  • Association: Yes
  • Condo Townhouse Fee Frequency: Monthly

Schools

  • Elementary School: Maritme
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • List Price Per Acre: 18475000.00
  • Lot Size Sq Ft: 871
  • Num Acres: 0.0200
  • Parcel Number: 4-0008-05-325
  • Property Attached: Yes
  • Property Description: Built As Condominium

Tax Info

  • Annual Tax: 4511

MLS Schools

  • Elementary School: Maritme
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jul 30, 2020
Sold by
Chu Robert M
Bought by
Brazell Judy L and Muse Sereta A
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Brent Palmer
Waterline Real Estate Group
List Price
$369,500
Sold Price
$360,000
Premium/Discount to List
-$9,500
-2.57%
Current Estimated Value
$617,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,706
Avg. Annual Appreciation
11.14%
Original Mortgage
$220,000
Outstanding Balance
$117,678
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$493,301

Purchase Details

Closed on
Nov 22, 2019
Sold by
Chu Thomas H
Bought by
Chu Robert M

Purchase Details

Closed on
Nov 24, 2010
Sold by
Chu Thomas H
Bought by
Chu Thomas H and Chu Donna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,215
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2010
Sold by
Suntrust Bank
Bought by
Bobby Chu Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,215
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2007
Sold by
Not Provided
Bought by
Chu Thomas H and Chu Donna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,900
Interest Rate
6.1%
Mortgage Type
Commercial
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
Brazell Judy L $360,000 --
Chu Robert M $350,000 --
Chu Thomas H -- --
Bobby Chu Construction Co Inc -- --
Chu Thomas H $459,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazell Judy L $220,000
Previous Owner Bobby Chu Construction Co Inc $256,215
Previous Owner Chu Thomas H $367,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $360,000 -2.6% $246 / Sq Ft
02/03/2020 02/03/20 For Sale $369,500 -- $252 / 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 $6,914 $226,440 $120,400 $106,040
2023 $7,371 $232,600 $120,400 $112,200
2022 $4,805 $165,000 $74,400 $90,600
2021 $4,630 $142,960 $74,400 $68,560
2020 $5,154 $150,000 $126,120 $23,880
2019 $7,730 $150,000 $126,120 $23,880
2018 $4,864 $161,920 $126,120 $35,800
2017 $4,511 $184,920 $126,120 $58,800
2016 $4,511 $140,000 $0 $140,000
2015 $4,518 $140,000 $0 $140,000
2014 $6,974 $187,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Palmer

    Seller's Agent in 2020

    Brent Palmer

    Waterline Real Estate Group

    (912) 272-8489

    108 in this area

    144 Total Sales

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Map

Source: Savannah Multi-List Corporation

MLS Number: 219239

Savannah Multi-List Corporation

APN: 4000805325

Georgia Chatham County Tybee Island 31328

12 Silver Ave Unit 201, Tybee Island, GA

This home is located at 12 Silver Ave Unit 201, Tybee Island, GA 31328 since 03 February 2020 and is currently estimated at $596,007, approximately $407 per square foot. This property was built in 2007. 12 Silver Ave Unit 201 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.

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Information is deemed reliable but not guaranteed.

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