NOT LISTED FOR SALE

12 Silver Ave Unit 201 Tybee Island, GA 31328

Estimated Value: $565,000 - $610,000

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. 62% increase in value since last sale

Current estimated payment $3,927/month

154 Days on Market

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

Year Built

2007

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Appliances: Some Electric Appliances, Convection Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Dryer, Refrigerator, Washer
  • Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Dryer,Refrigerator,Washer
  • Home Warranty: No
  • Original List Price: 369500.00
  • Architectural Style: Traditional
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Interior Amenities: Breakfast Area, Bathtub, Ceiling Fan(s), Double Vanity, Gourmet Kitchen, Main Level Primary, Pantry, Separate Shower
  • Stories: 1
  • Laundry Features: Laundry Room
  • Has Basement?: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 2
  • Stories: 1
  • Attic Features: None

Exterior Features

  • Exterior Features: Balcony
  • Roof: Rubber, Rolled/Hot Mop
  • Road Surface Type: Asphalt
  • Waterfront?: No
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Patio, Balcony

Garage/Parking

  • Carport Spaces: 2.00
  • Has Carport?: Yes
  • Garaged Spaces: 2.00
  • Has Attached Garage?: Yes
  • Parking Features: Underground

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Additional Association Fee Frequency: Monthly
  • Association Fees: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Silver Seas Condominium Association
  • Has H O A?: Yes
  • Common Walls: 1 Common Wall

Schools

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

Lot Info

  • Zoning: C1
  • Lot Features: None
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871.00
  • Parcel#: 4-0008-05-325
  • Zoning Description: Commercial,Mixed use

Rental Info

  • Lease Assignable: No
  • Land Lease: No
  • Restrictions: Restrictive Covenant

Tax Info

  • Tax Year: 2017
  • Tax Amount: 4511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Muse Sereta
Bought by
Brazell Llc
Current Estimated Value
$583,116

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$220,000
Interest Rate
3%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brazell Llc -- --
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
Previous Owner 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 List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $360,000 -2.6% $246 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $369,500 -- $252 / Sq Ft
Source: Hive MLS

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 $6,914 $227,040 $120,400 $106,640
2024 $74 $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

    105 in this area

    141 Total Sales

    Brent Palmer
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Map

Source: Hive MLS

MLS Number: SA219239

Hive MLS

APN: 4000805325

Georgia Chatham County Tybee Island 31328

12 Silver Ave Unit 201, Tybee Island, GA

Not Listed for Sale

Condos

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