NOT LISTED FOR SALE

1217 Bay St Unit 318B Tybee Island, GA 31328

Estimated Value: $326,000 - $354,374

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

Last Sold March 25, 2024

Last sale price $295,000 $602 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,538/month

158 Days on Market

Highlights

  • River Access
  • In Ground Pool
  • Waterfront
  • Howard Elementary School Rated A-
  • River View
  • Contemporary Architecture

About This Home

As of March 2024

Savannah Beach & Racquet Club on third floor with amazing views. Strong rental history. Kitchen updated. Still hsa the bunk beds so plenty of room for the kids. Complex offers swimming spools, tennis court and pickle ball. Private walk over to the beach to watch the dolphins play. Sold turn key so you can begin renting right away or have a private place at the beach to relax. Elevator in the building!

Last Agent to Sell the Property

Keith Gay

Century 21 Solomon Properties License #254738 Listed on: 10/19/2023

Century 21 Solomon Properties

Last Buyer's Agent

Gregory Poole

Century 21 Results License #375412

Century 21 Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • Privacy Fence
  • Decorative Fence
  • Aluminum or Metal Fence

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 490 Sq Ft Home
  • 1-Story Property
  • Furnished
  • River Views
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • River Access
  • Balcony
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heat Pump System
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4002201318B

Community Details

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,769

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • GarageYN: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1981
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: In Hall
  • ResoPoolFeatures: In Ground
  • Road Surface Type: Asphalt
  • Reso View: River
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Contemporary
  • Reso Interior Features: Breakfast Bar, Elevator, Main Level Primary
  • Property Attached Yn: Yes
  • Tax Year: 2022
  • Master Plan Zoning: R1
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Electric Water Heater, Oven, Range, Refrigerator
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Other Structures: Storage
  • Roof: Composition
  • Waterfront: Yes
  • Acres: 0.02
  • View: Yes
  • Waterfront Features: River Access
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame
  • Exterior Features: Balcony, Landscape Lights, Tennis Court(s)
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Parking Lot

Utilities

  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Tennis Court(s)

Lot Info

  • Fencing: Decorative, Metal, Privacy
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 871.0
  • Parcel Number: 4002201318B
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2769.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 28, 2024
Sold by
Evelyn M Swarts Living Trust Dated Decem
Bought by
Sewell Michael Kennon
Seller's Agent
Keith Gay
Century 21 Solomon Properties
Buyer's Agent
Gregory Poole
Century 21 Results
List Price
$395,000
Sold Price
$295,000
Premium/Discount to List
-$100,000
-25.32%
Views
205
Current Estimated Value
$339,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,344
Avg. Annual Appreciation
9.21%
Original Mortgage
$221,250
Outstanding Balance
$217,957
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$121,387
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
Sewell Michael Kennon $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sewell Michael Kennon $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $295,000 -6.3% $602 / Sq Ft
01/31/2024 01/31/24 Price Changed $315,000 -8.7% $643 / Sq Ft
01/04/2024 01/04/24 Price Changed $345,000 -5.5% $704 / Sq Ft
12/01/2023 12/01/23 Price Changed $365,000 -7.6% $745 / Sq Ft
10/19/2023 10/19/23 For Sale $395,000 -- $806 / 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 $5,434 $147,480 $110,000 $37,480
2024 $5,434 $151,160 $110,000 $41,160
2023 $4,102 $129,440 $99,000 $30,440
2022 $2,769 $106,480 $87,120 $19,360
2021 $2,768 $82,400 $42,120 $40,280
2020 $2,530 $80,680 $42,120 $38,560
2019 $2,530 $73,640 $42,120 $31,520
2018 $2,199 $64,000 $38,280 $25,720
2017 $1,844 $57,240 $38,280 $18,960
2016 $1,728 $53,640 $38,280 $15,360
2015 $1,573 $48,760 $0 $48,760
2014 $2,341 $49,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Gay

    Seller's Agent in 2024

    Keith Gay

    Century 21 Solomon Properties

    (912) 665-2480

    122 in this area

    143 Total Sales

    Keith Gay
    Section Image

  • G

    Buyer's Agent in 2024

    Gregory Poole

    Century 21 Results

    (912) 655-4491

    4 in this area

    4 Total Sales

    Gregory Poole
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 298485

Savannah Multi-List Corporation

APN: 4002201318B

Georgia Chatham County Tybee Island 31328

1217 Bay St Unit 318B, Tybee Island, GA

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