NOT LISTED FOR SALE

Estimated Value: $411,544

0.44 Acre
$935,347 Price per Acre
19,166 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $2,200,000

Current estimated payment $2,673/month

83 Days on Market

Highlights

  • 19,166 Sq Ft lot
  • No HOA
  • Level Lot
  • Savannah Arts Academy Rated A+

About This Lot

As of May 2024

Incredible Commercial / Residential Development Opportunity located near Forsyth Park! 3 Parcels included. 1210 Drayton Street (2-0053-03-017) Zoned TC-1, 108 E. Henry (2-0053-03-018) Zoned TC-1, and 112 E. Henry Street (2-0053-03-005) Zoned TN-1. Entire property is 181 ft L x 105 ft W. Ideal location at the corner of Drayton / Henry Street and close to everything the downtown district has to offer! Cleared and ready to build!

Last Listed By

Brent Palmer

Waterline Real Estate Group License #268312 Listed on: 02/28/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,250

Year Built

  • 1959

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Cleared Lot
  • 3 Lots in the community
  • Property is zoned TC1/TN1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 2005303017

Property Details

Property Type

Land

Est. Annual Taxes

$3,250

Year Built

1959

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Property Type: Land
  • Lease Assignable: No
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Tax Year: 2023
  • Master Plan Zoning: TC1/TN1
  • Property Sub Type Additional: Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 1959

Exterior Features

  • Waterfront: No
  • Acres: 0.44

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Credit Service Incl: No
  • Land Lease: No
  • Lot Size Area: 0.44
  • Lot Size Sq Ft: 19166.0
  • Number Of Lots: 3
  • Parcel Number: 2005303017
  • Topography: Level
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Crops Included: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3250.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 22, 2024
Sold by
Chu Robert M
Bought by
1210 Drayton Llc
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Brent Palmer
Waterline Real Estate Group
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Total Days on Market
83
Views
17
Current Estimated Value
$411,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,788,456
Original Mortgage
$1,900,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 26, 2024
Sold by
Mamalakis Brothers
Bought by
Chu Robert M
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Brent Palmer
Waterline Real Estate Group
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2022
Sold by
Brothers Mamalakis
Bought by
Chu Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Bought by
Brothers Mamalakis

Range of Values:

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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
1210 Drayton Llc $2,200,000 --
Chu Robert M -- --
Chu Robert M $375,000 --
Brothers Mamalakis $162,558 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1210 Drayton Llc $5,092,060
Closed 1210 Drayton Llc $1,900,000
Previous Owner Chu Robert M $375,000
Previous Owner Abba Cab Co Llc $132,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $2,200,000 -8.1% --
02/28/2024 02/28/24 For Sale $2,395,000 -- --
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 $4,427 $113,480 $89,840 $23,640
2023 $3,250 $74,200 $64,920 $9,280
2022 $2,287 $74,200 $64,920 $9,280
2021 $2,950 $83,800 $64,920 $18,880
2020 $2,053 $65,024 $49,288 $15,736
2019 $2,889 $65,024 $49,288 $15,736
2018 $2,441 $65,024 $49,288 $15,736
2017 $2,298 $54,280 $37,680 $16,600
2016 $1,621 $55,560 $39,120 $16,440
2015 $1,537 $55,400 $39,120 $16,280
2014 $2,979 $53,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 305703

Savannah Multi-List Corporation

APN: 2005303017