Seller's Agent in 2025
Teresa Jackson
Coldwell Banker Platinum Partners
(912) 429-0578
62 in this area
69 Total Sales
1312 Butler Ave Tybee Island, GA 31328
12
Beds
11
Baths
5,831
Sq Ft
0.5
Acres
Highlights
- Heated In Ground Pool
- 21,780 Sq Ft lot
- No HOA
- Howard Elementary School Rated A-
- Wood Flooring
- Double Self-Cleaning Oven
About This Home
As of February 2025This historic inn grosses over $386,000 in income and has eight (8) separate apartments. It was originally built in 1910 and has been a favorite vacation site for all the years since. The current owners bought the property in 2019 and began major renovation - all units were upgraded and new furnishings were placed - the entire front from Butler Ave. to the building has been placed with brick pavers, Landscaping and a turnaround with ample parking for all guests. A large inground pool has been added for additional pleasure that is heated and cooled. There is a 5 foot access easement to the ocean' There is a coin operated laundry as well as commercial ice dispenser. The units vary in size from efficiency to large 3 bedroom apartment (that could easily be owner's residence). This property is located in an "X" zone and flood insurance not required. Please check Desoto Beach rentals (Georgiann Inn) for more pictures of individual apartments.
Last Agent to Sell the Property
Coldwell Banker Access Realty License #183974 Listed on: 10/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,107
Year Built
- Built in 1910
Lot Details
- 0.5 Acre Lot
- Fenced Yard
Parking
- 13 Car Garage
- Off-Street Parking
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 5,831 Sq Ft Home
- 2-Story Property
- Security Lights
Kitchen
- Double Self-Cleaning Oven
- Microwave
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 11 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Heated In Ground Pool
- Balcony
- Porch
Schools
- Tima Elementary School
- Coastal Middle School
- Islands High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Buildings
- Desoto Beach Prop Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 4000706005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Feb 20, 2025
Sold by
Desoto Beach Properties Llc
Bought by
Charleston Property Sisters Llc and Coastal Keys Llc
Seller's Agent
Teresa Jackson
Coldwell Banker Access Realty
Buyer's Agent
Nonmls Sale
NON MLS MEMBER
List Price
$3,300,000
Sold Price
$2,600,000
Premium/Discount to List
-$700,000
-21.21%
Views
363
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
-$237,480
Avg. Annual Appreciation
-13.14%
Original Mortgage
$650,000
Outstanding Balance
$585,263
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,777,257
Purchase Details
Closed on
May 19, 2017
Sold by
Esta Hopper Judith W Basta
Bought by
Desoto Beach Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,239,640
Interest Rate
3.97%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,600,000 | -- | |
| Warranty Deed | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $1,239,640 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $2,600,000 | -13.2% | $446 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | Price Changed | $2,995,000 | -6.4% | $514 / Sq Ft |
| 11/10/2023 11/10/23 | Price Changed | $3,200,000 | -3.0% | $549 / Sq Ft |
| 10/16/2023 10/16/23 | For Sale | $3,300,000 | -- | $566 / Sq Ft |
Source: Savannah Multi-List Corporation
Tax History Compared to Growth
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 | $24,602 | $390,000 | $198,200 | $191,800 |
| 2024 | $24,602 | $390,000 | $198,200 | $191,800 |
| 2023 | $18,615 | $390,000 | $198,200 | $191,800 |
| 2022 | $13,107 | $390,000 | $198,200 | $191,800 |
| 2021 | $19,659 | $390,000 | $198,200 | $191,800 |
| 2020 | $14,507 | $0 | $0 | $0 |
| 2019 | $21,759 | $6,584 | $0 | $0 |
| 2018 | $11,857 | $473,000 | $198,200 | $274,800 |
| 2017 | $11,856 | $368,000 | $198,200 | $169,800 |
| 2016 | $11,856 | $368,000 | $368,000 | $0 |
| 2014 | $23,219 | $507,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Jackson
-
Nonmls Sale
N
Buyer's Agent in 2025
Nonmls Sale
NON MLS MEMBER
(912) 790-0023
27 in this area
4,335 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 298298
APN: 4000706005
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