NOT LISTED FOR SALE

1217 Bay St Unit 220 B Tybee Island, GA 31328

Estimated Value: $345,000 - $404,000

1 Bed
1 Bath
490 Sq Ft
$300/mo HOA Fee

Last Sold January 20, 2023

Last sale price $378,000 $771 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,698/month

49 Days on Market

Highlights

  • Community Beach Access
  • Deep Water Access
  • Balcony
  • Howard Elementary School Rated A-
  • In Ground Pool
  • Central Heating and Cooling System

About This Home

As of January 2023

Your chance to own one of the premier end units at Savannah Beach & Racquet Club. This beautiful 1 bedroom / 1 bath condo is located in the B Building, 2nd floor. Close to the elevator and just steps to the tennis & pickleball courts, the pool, and the beach walk-over. The condo is tastefully decorated for an authentic beach vacation experience and comes fully furnished and move-in ready. From the balcony you'll enjoy views of the pool, ships coming and going from the Savannah port, and dolphins playing in the bay. Aqua Escape on Tybee Island was featured on HGTV's Beachfront Bargain Hunt season 24 episode 9. Being able to advertise the HGTV connection has driven the rental income of this unit through the roof... $65,500+ gross confirmed for 2022 so far!! If you are interested in a turn-key investment opportunity, this is it!
Savannah Beach & Racquet Club is located on the desirable north end of Tybee Island. Away from the crowds and within walking distance of food and shops.

Last Agent to Sell the Property

Melba Judd

Judd Realty, LLC License #156219 Listed on: 12/02/2022

Last Buyer's Agent

Richard Eilerman

Coast & Country RE Experts License #368990

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction

Interior Spaces

  • 490 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deep Water Access
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4002201220B

Community Details

Overview

  • Savannah Beach & Racquet Club Condominium Assoc Association

Recreation

  • Community Beach Access
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,850

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • GarageYN: No
  • Construction: Frame
  • Current Zoning: RT
  • Flood Insurance: Yes
  • Legal Description: UNIT 220B SAVANNAH BEACH + RACQU ET CLUB PH 2 BUILDING B
  • Legal Subdivision: Racquet Club Condo
  • List Price Per Sq Ft: 793.65
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface: Asphalt
  • Year Built: 1981
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Common Walls: 1 Commonwalls
  • Total Sq Ft: 490
  • Unit Floor: 2

Exterior Features

  • Exterior House: Balcony
  • Foundation: Off Ground, Pier
  • Pool Hot Tub Description: In-Ground Pool
  • Pool/Hot Tub: Yes
  • Water Frontage Type: Deep Water
  • Waterfront: Yes

Garage/Parking

  • Parking Description: Parking Lot

Utilities

  • Cable: Cable Ready
  • 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

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Savannah Beach & Racquet Club Condominium Assoc
  • Association: Yes
  • Community: Beach Access, Walk To Shopping

Lot Info

  • Exterior Lot: Tennis Courts
  • List Price Per Acre: 19444400.00
  • Lot Size Sq Ft: 871
  • Lot View: Deep Water
  • Num Acres: 0.0200
  • Parcel Number: 4002201220B
  • Property Attached: Yes
  • Property Description: Built As Condominium

Tax Info

  • Annual Tax: 2850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 20, 2023
Sold by
Perez Carlos A
Bought by
Mock Jared
Seller's Agent
Melba Judd
Judd Realty, LLC
Buyer's Agent
Richard Eilerman
Coast & Country RE Experts
List Price
$388,888
Sold Price
$378,000
Premium/Discount to List
-$10,888
-2.8%
Views
101
Current Estimated Value
$370,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,469
Avg. Annual Appreciation
-0.72%
Original Mortgage
$300,000
Outstanding Balance
$290,151
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$80,380

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 8, 2019
Sold by
Williams Kenneth M
Bought by
Perez Carlos A
Seller's Agent
Joel Solomon
Century 21 Solomon Properties
Buyer's Agent
Keith Gay
Century 21 Solomon Properties
List Price
$234,000
Sold Price
$225,000
Premium/Discount to List
-$9,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$168,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2015
Sold by
Hearn Robert L
Bought by
Williams Kenneth M and Williams Caroline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2009
Sold by
Hearn Nicole
Bought by
Hearn Robert L

Purchase Details

Closed on
Mar 11, 2008
Sold by
Not Provided
Bought by
Hearn Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,503
Interest Rate
5.68%
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
Mock Jared $378,000 --
Perez Carlos A $225,000 --
Williams Kenneth M $165,000 --
Hearn Robert L -- --
Hearn Robert L $171,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mock Jared $300,000
Previous Owner Perez Carlos A $168,750
Previous Owner Williams Kenneth M $25,000
Previous Owner Hearn Robert L $140,503
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $378,000 -2.8% $771 / Sq Ft
12/02/2022 12/02/22 For Sale $388,888 +72.8% $794 / Sq Ft
03/08/2019 03/08/19 Sold $225,000 -3.8% $459 / Sq Ft View Prior Sale
01/07/2019 01/07/19 For Sale $234,000 -- $478 / 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
2025 $5,393 $145,120 $100,000 $45,120
2024 $5,393 $148,640 $100,000 $48,640
2023 $3,984 $125,720 $90,000 $35,720
2022 $2,850 $101,920 $79,200 $22,720
2021 $2,864 $84,800 $38,280 $46,520
2020 $2,398 $82,120 $38,280 $43,840
2019 $2,398 $69,800 $38,280 $31,520
2018 $1,663 $60,160 $34,440 $25,720
2017 $1,605 $53,400 $34,440 $18,960
2016 $1,604 $49,800 $34,440 $15,360
2015 $1,431 $44,360 $0 $44,360
2014 $2,131 $44,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 280879

Savannah Multi-List Corporation

APN: 4002201220B