NOT LISTED FOR SALE

1216 E 40th St Savannah, GA 31404

Live Oak Neighborhood

Estimated Value: $444,000 - $476,000

3 Beds
1 Bath
1,586 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $375,000 $236 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,120/month

10 Days on Market

About This Home

As of November 2022

Original charm + modern amenities = the most scrumptious bungalow! Welcome to 1216 E 40th; a three-bedroom, one-bathroom home in the heart of Savannah! The layout opens to a cozy living room, anchored by a wood-burning fireplace making it the perfect place to curl up and relax. Flowing seamlessly to the fully renovated kitchen that boasts modern cabinetry and sleek finishes! A formal dining space and laundry room round out the interior of this home. Outside, residents can enjoy the expansive deck and fenced-in backyard. The property provides easy access to Daffin Park, Whole Foods, and Harry Truman Parkway. Only 15 minutes to Hunter Army Air Base and 10 minutes to all the restaurants and shopping of downtown Savannah!

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Exterior Features: Deck
  • Fencing: Wood, Privacy, Yard Fenced
  • Roof: Metal

Utilities

  • Water Source: Public

MLS Schools

  • Elementary School: AndreaBWilliams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 28, 2022
Sold by
Maschmeyer William Robert
Bought by
Spillane Michael S
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
28
Current Estimated Value
$453,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,783
Avg. Annual Appreciation
6.34%
Original Mortgage
$300,000
Outstanding Balance
$291,210
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$162,573

Purchase Details

Closed on
Sep 9, 2021
Sold by
Bess Adia Naomi
Bought by
Maschmeyer William Robert and Oneal Briana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,245
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Dec 2, 2019
Sold by
King Joshua S
Bought by
Bess Adia Naomi and Demarco Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2018
Sold by
King Joshua S
Bought by
Lee King Joshua S and Lee John Albert

Purchase Details

Closed on
Jan 8, 2010
Sold by
Beneficial Mtg Co Of Georg
Bought by
King Joshua S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,514
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2009
Sold by
Pryor Eunice
Bought by
Beneficial Mtg Co Of Georgia

Purchase Details

Closed on
Feb 29, 2008
Sold by
Not Provided
Bought by
King Joshua S
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
Spillane Michael S $375,000 --
Maschmeyer William Robert $315,000 --
Bess Adia Naomi $232,500 --
Lee King Joshua S -- --
King Joshua S $82,000 --
Beneficial Mtg Co Of Georgia $58,800 --
King Joshua S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spillane Michael S $300,000
Previous Owner Maschmeyer William Robert $322,245
Previous Owner Bess Adia Naomi $209,250
Previous Owner King Joshua S $80,514
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $375,000 -3.8% $236 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $390,000 -- $246 / Sq Ft
Source: Hive MLS

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 $8,989 $232,160 $22,000 $210,160
2024 $8,989 $230,080 $22,000 $208,080
2023 $1,830 $150,000 $11,520 $138,480
2022 $1,487 $121,880 $13,200 $108,680
2021 $827 $109,520 $5,520 $104,000
2020 $1,050 $72,520 $5,520 $67,000
2019 $1,477 $33,240 $5,520 $27,720
2018 $1,292 $28,720 $5,520 $23,200
2017 $1,125 $34,880 $5,520 $29,360
2016 $690 $23,640 $5,520 $18,120
2015 $931 $22,320 $5,400 $16,920
2014 $1,253 $22,640 $0 $0
Source: Public Records

Map

Source: Hive MLS

MLS Number: 278308

Hive MLS

APN: 2006230015

Georgia Chatham County Savannah 31404 Live Oak

1216 E 40th St, Savannah, GA

Not Listed for Sale

Detached

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