Seller's Agent in 2023
Patrick Wilver
Eighteen O'Two Realty LLC
(724) 674-7652
6 in this area
119 Total Sales
1236 E 40th St Savannah, GA 31404
Live Oak NeighborhoodEstimated Value: $413,000 - $525,000
4
Beds
3
Baths
2,254
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- No HOA
- Central Air
- Wall Furnace
- Savannah Arts Academy Rated A+
- Wood Siding
About This Home
As of September 2023Incredible opportunity to own a turnkey duplex in Savannah's up and coming Live Oak neighborhood! 1236 E 40th St is currently generating $4,000/mo in gross rental income between a 3/2 main house at $2,500, a studio at $1,200, and a storage unit/garage at $300. The 3/2 lease expires 8/31 so you can owner-occupy or place your own tenant. This location is awesome - steps to Daffin Park, easy bicycle ride to downtown, two blocks from the new Waters Cafe and other just completed commercial redevelopments along the Waters Ave corridor, 20 minutes by car to Tybee Island and less than ten minutes to the hospitals. All of the residential and commercial redevelopment happening in this neighborhood means you can sleep well at night knowing that the value of your investment will be appreciating faster than most areas in the city, and brand new roof will lower your expenses over the coming years! Owner is a licensed real estate agent in Georgia.
Last Agent to Sell the Property
Eighteen O'Two Realty LLC License #394326 Listed on: 08/03/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,776
Year Built
- Built in 1933
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 2,254 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Wall Furnace
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2006230020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Sep 6, 2023
Sold by
1236 E 40Th Llc
Bought by
Bansal Pooja Nicole and Drago Chiara
Seller's Agent
Patrick Wilver
Eighteen O'Two Realty LLC
Buyer's Agent
Markens Pierre
Eighteen O'Two Realty LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
130
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,500
Avg. Annual Appreciation
-0.86%
Purchase Details
Closed on
Sep 23, 2022
Sold by
Wilver Holdings Llc
Bought by
1236 E 40Th Llc
Purchase Details
Closed on
Jan 28, 2022
Sold by
Ervolina Timothy M
Bought by
Wilver Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
3.56%
Mortgage Type
Mortgage Modification
Purchase Details
Closed on
Jan 27, 2020
Sold by
Marchnight Mari Jo
Bought by
Ervolina Timothy M and Crump James Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,752
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2005
Sold by
Not Provided
Bought by
Marchnight Bertha
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bansal Pooja Nicole | $485,000 | -- | |
| 1236 E 40Th Llc | -- | -- | |
| Wilver Holdings Llc | $236,000 | -- | |
| Ervolina Timothy M | $145,940 | -- | |
| Marchnight Bertha | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wilver Holdings Llc | $261,000 | |
| Previous Owner | Ervolina Timothy M | $116,752 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $485,000 | -2.8% | $215 / Sq Ft |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $499,000 | -- | $221 / Sq Ft |
Source: Hive MLS
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 | $4,168 | $121,720 | $22,000 | $99,720 |
| 2024 | $9 | $117,040 | $22,000 | $95,040 |
| 2023 | $1,100 | $90,160 | $9,600 | $80,560 |
| 2022 | $1,776 | $63,600 | $9,600 | $54,000 |
| 2021 | $3,202 | $57,600 | $4,000 | $53,600 |
| 2020 | $382 | $39,800 | $4,000 | $35,800 |
| 2019 | $650 | $45,000 | $4,000 | $41,000 |
| 2018 | $500 | $38,360 | $4,000 | $34,360 |
| 2017 | $569 | $40,720 | $4,000 | $36,720 |
| 2016 | $319 | $27,080 | $4,000 | $23,080 |
| 2015 | $560 | $25,280 | $4,000 | $21,280 |
| 2014 | $691 | $27,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Wilver
-
Markens Pierre
M
Buyer's Agent in 2023
Markens Pierre
Eighteen O'Two Realty LLC
(561) 914-1564
1 in this area
26 Total Sales
Map
Source: Hive MLS
MLS Number: SA294027
APN: 2006230020
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