NOT LISTED FOR SALE

1217 Bay St Unit 325A Tybee Island, GA 31328

Estimated Value: $316,000 - $332,000

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

Last Sold December 01, 2023

Last sale price $315,000 $643 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,494/month

63 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Clubhouse
  • Howard Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of December 2023

Best Priced Condo on Tybee! 3rd Floor 1BR/1BA Condo w/Side Waterview from Balcony at Savannah Beach & Racquet Club on North End of Tybee Island! Current ACTIVE STVR Certificate! Annual Projected Income of $42k. Condo is Ready to Be Renovated & Customized to Your Liking. Sold Fully Furnished! The Possibilities are Endless for Improvements to Boost Income! With a total remodel, Projections Hit $53,000-$63,000+/yr! Enclosed Bedroom connects to Full Bathroom! Built In Bunkbeds located in Hallway can be converted to Desk Space or Extra Storage! Potential to Sleep up to 6 people! Private Outdoor Balcony to Enjoy Beautiful Sunsets! Private Beach Access has Pier w/Bench that's great for Dolphin & ship Watching. $300/mo HOA includes Pool, Tennis Courts, Pickleball Courts, Kayak & Bike Storage & Community Laundry Area, Parking Spot, Gated Community, Water, Cable + Exterior Insurance/Maintenance! Easy to walk to Local Restaurants: Huc-A-Poos, Tybean, Zunzibar & Chamacos! Being Sold AS IS!!

Last Agent to Sell the Property

Jenny Rutherford

Jenny Rutherford Real Estate, License #343627 Listed on: 09/29/2023

Last Buyer's Agent

Sara Bacon

Keller Williams Coastal Area P License #377507

Keller Williams Coastal Area P

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 490 Sq Ft Home
  • 3-Story Property
  • Security Lights
  • Breakfast Bar
  • Laundry in Hall

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Parking Lot
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Exterior Lighting

Schools

  • May Howard Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4002201325A

Community Details

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,847

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
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Refrigerator
  • Legal Description: UNIT 325A SAVANNAH BEACH + RACQU ET CLUB PH 1
  • Legal Subdivision: Savannah Bch & Racquet Club Co
  • List Price Per Sq Ft: 642.86
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Recreation Facilities: Clubhouse, Pool-Community, Tennis Courts
  • Road Surface: Asphalt
  • Style: Contemporary
  • Year Built: 1981
  • Advertised Subdivision: Savannah Beach & Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Electric, Furnished, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Common Walls: 2 Commonwalls
  • Kitchen / Breakfast: Breakfast Bar
  • Laundry: Hall
  • Primary Bathroom Features: Tub/Shower
  • Room Count: 3
  • Total Sq Ft: 490
  • Unit Floor: 3

Exterior Features

  • Exterior House: Balcony
  • Foundation: Off Ground
  • Nameof Waterway: Savannah River
  • Pool Hot Tub Description: In-Ground Pool
  • Pool/Hot Tub: Yes
  • Roof: Composition

Garage/Parking

  • Num Parking Pad: 1
  • Parking Description: Off Street, Parking Lot

Utilities

  • Cable: Cable Access
  • Cooling Type: Heat Pump
  • Electric: 220 Volt
  • Heating Type: Heat Pump
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community: Beach Access, Gated, Street Lights, Walk To School, Walk To Shopping

Schools

  • Elementary School: May Howard
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • Exterior Lot: Lighting-Landscape, Lighting-Security, Tennis Courts
  • List Price Per Acre: 15750000.00
  • Lot Size Sq Ft: 871
  • Lot View: Deep Water, Ocean, River
  • Num Acres: 0.0200
  • Parcel Number: 4002201325A
  • Property Attached: Yes

MLS Schools

  • Elementary School: May Howard
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 24, 2023
Sold by
Alderman John
Bought by
Khushalani Lakhan R
Seller's Agent
Jenny Rutherford
Jenny Rutherford Real Estate,
Buyer's Agent
Sara Bacon
Keller Williams Coastal Area P
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Views
132
Current Estimated Value
$338,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,990
Avg. Annual Appreciation
1.86%
Original Mortgage
$236,250
Outstanding Balance
$232,520
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$92,367

Purchase Details

Listed on
Jun 22, 2018
Closed on
Sep 13, 2018
Sold by
Kustin Elizabeth M
Bought by
Alderman John
Seller's Agent
Keith Gay
Century 21 Solomon Properties
Buyer's Agent
Jason Nielubowicz
Judge Realty, LLC
List Price
$227,000
Sold Price
$213,300
Premium/Discount to List
-$13,700
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Aug 20, 2009
Sold by
Gibson Sue Jordan
Bought by
Kustin Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2009
Sold by
Gibson Joseph M
Bought by
Gibson Sue Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.14%
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
Khushalani Lakhan R $315,000 --
Alderman John $213,000 --
Kustin Elizabeth M $133,000 --
Gibson Sue Jordan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khushalani Lakhan R $236,250
Previous Owner Kustin Elizabeth M $66,500
Previous Owner Gibson Sue Jordan $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $315,000 0.0% $643 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $315,000 -8.7% $643 / Sq Ft
10/05/2023 10/05/23 Price Changed $345,000 -5.5% $704 / Sq Ft
10/03/2023 10/03/23 Price Changed $365,000 +5.8% $745 / Sq Ft
09/29/2023 09/29/23 For Sale $345,000 +61.7% $704 / Sq Ft
09/13/2018 09/13/18 Sold $213,300 -6.0% $435 / Sq Ft
06/22/2018 06/22/18 For Sale $227,000 -- $463 / 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
2024 $3,847 $126,000 $91,680 $34,320
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

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Map

Source: Savannah Multi-List Corporation

MLS Number: 297404

Savannah Multi-List Corporation

APN: 4002201325A