NOT LISTED FOR SALE

Estimated Value: $119,000 - $361,000

20 Beds
7.5 Baths
6,456 Sq Ft
$35/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $490,000 $76 Per Sq Ft

Current estimated payment $1,373/month

23 Days on Market

Highlights

  • 0.95 Acre Lot
  • Central Heating and Cooling System
  • 3-minute walk to Lucius "Bo" Levett Rec Area

About This Home

As of December 2019

GROUP OF 7 INCOME GENERATING RENTAL HOUSES in Savannah city limits. Long-term tenants in place and tremendous income opportunity! Currently generating $78,300 per year in rental income (16.3% gross cap rate). Addresses include: 1405 Audubon Drive (3BR/1BA - $800/month), 106 Helmken Street (3BR/1.5BA - $1085/month), 514 Tuten Avenue (3BR/1BA - $800/month), 1225 West 50th Street (3BR/1BA - $965/month), 1002 Collat Avenue (3BR/1BA - $1055/month), 704 West 58th Street (2BR/1BA - $813), 701 East 35th (3BR/1BA - $850/month). Please see attachment for property descriptions and details.

Last Agent to Sell the Property

Donald Callahan

Keller Williams Coastal Area P License #203007 Listed on: 10/25/2019

Keller Williams Coastal Area P

Last Buyer's Agent

Kathleen Linzey

Realty One Group Inclusion License #367130

Realty One Group Inclusion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1958

Lot Details

  • 0.95

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 6,456 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 20 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 0.95 Acre Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 2-0068-13-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Construction: Brick/Siding, Cinder Block, Vinyl
  • Current Zoning: R6
  • Flood Insurance: Unknown
  • Legal Description: LOT 162 CLOVERDALE SUB PHASE 1 GILBERT WARD
  • Legal Subdivision: Cloverdale Sub
  • List Price Per Sq Ft: 75.90
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Total Bedrooms: 20
  • Laundry: Dryer Connection, Washer Connection
  • Total Sq Ft: 6456

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 7
  • Num Heating Units: 7
  • Num Water Heaters: 7
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Lot Info

  • List Price Per Acre: 516877.64
  • Lot Description: City
  • Lot Num: 162
  • Lot Size Sq Ft: 41295
  • Num Acres: 0.9480
  • Parcel Number: 2-0068-13-014

Multi Family

  • Unit Count: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 9, 2019
Sold by
Disher J Wayne
Bought by
Tz Assets Llc
Seller's Agent
Donald Callahan
Keller Williams Coastal Area P
Buyer's Agent
Kathleen Linzey
Realty One Group Inclusion
List Price
$490,000
Sold Price
$490,000
Total Days on Market
23
Current Estimated Value
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$264,000
Avg. Annual Appreciation
-13.82%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Delta Corp Of America
Bought by
Disher Revoc Liv Trust
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
Tz Assets Llc $480,000 --
Disher Revoc Liv Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tz Assets Llc $539,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $490,000 0.0% $76 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $490,000 -- $76 / 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 $1,319 $35,240 $12,000 $23,240
2023 $305 $24,960 $4,400 $20,560
2022 $281 $23,040 $4,400 $18,640
2021 $924 $20,840 $4,400 $16,440
2020 $610 $19,320 $4,400 $14,920
2019 $858 $19,320 $4,400 $14,920
2018 $1,151 $19,160 $4,400 $14,760
2017 $820 $19,760 $4,480 $15,280
2016 $573 $19,640 $4,480 $15,160
2015 $1,145 $20,240 $4,480 $15,760
2014 $1,162 $20,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 215528

Savannah Multi-List Corporation

APN: 2006813014