NOT LISTED FOR SALE

1401 E 40th St Savannah, GA 31404

Live Oak Neighborhood

Estimated Value: $365,000 - $408,000

3 Beds
2 Baths
1,224 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 14, 2013

Last sale price $90,000 $74 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $2,545/month

13 Days on Market

Highlights

  • Double Pane Windows
  • Savannah Arts Academy Rated A+
  • Combination Dining and Living Room

About This Home

As of October 2013

ALL NEW EVERYTHING! ROOF, WALLS, FLOORS, BATHS, KITCHEN, SIDING, WINDOWS, GUTTERS, PLUMBING, ELECTRICAL, INSULATION AND APPLIANCES. ALL FOR UNDER $100,000. OWNER MOTIVATED!!

Last Agent to Sell the Property

Sharon Miller

ERA Southeast Coastal License #181458 Listed on: 08/22/2013

Last Buyer's Agent

Sharon Miller

ERA Southeast Coastal License #181458 Listed on: 08/22/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,586

Year Built

  • 1933

Lot Details

  • 10,019

Home Design

  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 1,224 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room

Schools

  • Spencer / Chatham / Chatham County Elementary School
  • Hubert / Chatham / Chatham County Middle School
  • Savannah / Chatham / Chatham County High School

Property Details

Home Type

Other

Est. Annual Taxes

$6,586

Year Built

1933

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1933

Interior Features

  • Fireplace(s): 1, In Living Room, Masonry
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable TV Connections, Recently Renovated, Tile Floors, Wall-to-wall Carpet
  • Total Finished Sq Ft: 1224
  • Kitchen / Breakfast: Country Kitchen

Exterior Features

  • Construction: Aluminum/Vinyl
  • Exterior Features: Workshop
  • Roof Type: Composition

Garage/Parking

  • Parking: 3 Car Or More, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water

Schools

  • Elementary School: Spencer / Chatham / Chatham County, GA
  • High School: Savannah / Chatham / Chatham County, GA
  • Middle School: Hubert / Chatham / Chatham County, GA

Lot Info

  • Lot Description: Corner
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 11, 2013
Sold by
Read Renovations Llc
Bought by
Riley Sophronia L and Riley Vincent E
Seller's Agent
Sharon Miller
ERA Southeast Coastal
Buyer's Agent
Sharon Miller
ERA Southeast Coastal
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Current Estimated Value
$379,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,475
Avg. Annual Appreciation
12.70%
Original Mortgage
$67,500
Outstanding Balance
$50,859
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$328,616

Purchase Details

Listed on
Sep 12, 2012
Closed on
Jun 27, 2013
Sold by
Atlantic Coast Bank
Bought by
Read Renovations Llc
Seller's Agent
Jody Lanier
Lanier Realty, Inc
Buyer's Agent
Sharon Miller
ERA Southeast Coastal
List Price
$31,900
Sold Price
$13,400
Premium/Discount to List
-$18,500
-57.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57064.41%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Nwachukwu I Edwin
Bought by
Atlantic Coast Bank

Purchase Details

Closed on
Jun 5, 2012
Sold by
Nwachukwu Edwin I
Bought by
Atlantic Coast Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Riley Sophronia L $90,000 --
Read Renovations Llc $13,400 --
Atlantic Coast Bank $501,100 --
Atlantic Coast Bank $501,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Sophronia L $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2013 10/14/13 Sold $90,000 -10.0% $74 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $100,000 +646.3% $82 / Sq Ft
06/27/2013 06/27/13 Sold $13,400 -58.0% $11 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $31,900 -- $26 / Sq Ft
Source: Georgia MLS

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 $6,586 $180,200 $22,000 $158,200
2024 $6,586 $178,600 $22,000 $156,600
2023 $3,793 $129,880 $12,000 $117,880
2022 $1,110 $91,000 $12,000 $79,000
2021 $155 $5,120 $5,000 $120
2020 $1,091 $33,960 $5,000 $28,960
2019 $1,536 $34,560 $5,000 $29,560
2018 $936 $29,640 $5,000 $24,640
2017 $752 $25,640 $5,000 $20,640
2016 $524 $17,960 $5,000 $12,960
2015 $714 $17,120 $5,000 $12,120
2014 $982 $18,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Miller

    Seller's Agent in 2013

    Sharon Miller

    ERA Southeast Coastal

    (912) 308-5572

    1 in this area

    76 Total Sales

    Sharon Miller
    Section Image
  • Jody Lanier

    Seller's Agent in 2013

    Jody Lanier

    Lanier Realty, Inc

    (912) 429-3540

    5 in this area

    253 Total Sales

    Jody Lanier
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07145088

Georgia MLS

APN: 2007704001

Georgia Chatham County Savannah 31404 Live Oak

1401 E 40th St, Savannah, GA

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