NOT LISTED FOR SALE

1406 Solomon Ave Tybee Island, GA 31328

Estimated Value: $801,000 - $1,139,000

4 Beds
3 Baths
2,452 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $695,000 $283 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,741/month

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • No HOA
  • Howard Elementary School Rated A-
  • Furnished
  • Breakfast Area or Nook

About This Home

As of February 2021

Incredible & Unique Opportunity! 4BR/3BA 2452sqft Turn-Key Vacation Rental Duplex on Tybee Island just 200 ft to the BEACH w/Stunning Marsh Views! Sleeps 14! Projected $75K+/year Rental Income! 2BR/2BA Main Living Space sleeps 8 w/Separate Entrance & Large Covered Screened Porch w/Bed Swing! Downstairs 2BR/1BA home sleeps 6! Decorated by Local Artist. Two Separate Garages offer plenty of storage +covered parking! Located in "C2" District giving the Option to Continue as Successful Vacation Rental, Live in Part of the Home & Rent Out the Rest OR Operate a Business! The Possibilities are Endless! Exceptionally Large Lot w/Beautiful Views of Sunset & Marsh! Plenty of Outdoor Space w/Serene Pool & Private Gazebo Great for Entertaining, Grilling & More! Both Living Areas feature Full-Size Kitchens w/Plenty of Counter & Cabinet Space! Easy Access to Pool from both spaces. Large BAs w/Walk-In Showers. TWO Separate Laundry Rooms! Easy short walk to the Beach, Galleries, Restaurants & Shopping!

Last Agent to Sell the Property

Jenny Rutherford

Jenny Rutherford Real Estate, License #343627 Listed on: 02/01/2021

Co-Listed By

Brent Palmer

Waterline Real Estate Group License #268312

Last Buyer's Agent

Jenny Rutherford

Jenny Rutherford Real Estate, License #343627 Listed on: 02/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1995

Lot Details

  • 0.26 Acre Lot
  • Property fronts a marsh
  • Fenced Yard
  • Wood Fence
  • Property is zoned C2

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Schools

  • Tima Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot C-1
  • Assessor Parcel Number 4-0026-01-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,095

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1995
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Laundry Room
  • ResoPoolFeatures: In Ground
  • Co List Office Mls Id: 1377
  • Co List Office Phone: (912) 786-4474
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Bungalow, Cape Cod
  • Reso Interior Features: Breakfast Area, Pull Down Attic Stairs, Programmable Thermostat
  • Property Attached Yn: No
  • Tax Year: 2018
  • Master Plan Zoning: C2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Other Structures: Gazebo
  • Waterfront: Yes
  • Acres: 0.26
  • Waterfront Features: Marsh
  • Construction Type: Block, Concrete

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Underground

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Coastal

Lot Info

  • Fencing: Wood, Yard Fenced
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Parcel Number: 4-0026-01-009
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6095.0
  • Tax Lot: C-1

MLS Schools

  • Elementary School: TIMA
  • HighSchool: Islands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Dec 11, 2015
Sold by
Tyb Properties Llc
Bought by
Saltair Retreats Llc
Seller's Agent
Lavinia Strong
Daniel Ravenel SIR
Buyer's Agent
Carolyn Ezelle
Daniel Ravenel SIR
List Price
$549,000
Sold Price
$475,000
Premium/Discount to List
-$74,000
-13.48%
Current Estimated Value
$1,020,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,982
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Weber Paul J
Bought by
Tyb 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
$280,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2008
Sold by
Not Provided
Bought by
Tyb Properties Llc
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
Saltair Retreats Llc $475,000 --
Tyb Properties Llc $282,514 --
Weber Paul J $282,514 --
Tyb Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamel Ramsey $548,250
Previous Owner Tyb Properties Llc $282,000
Previous Owner Weber Paul J $280,000
Previous Owner Fernald Kyunghyo K $737,250
Previous Owner Fernald Kyunghyo K $196,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $695,000 -0.6% $283 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $699,500 +47.3% $285 / Sq Ft
12/11/2015 12/11/15 Sold $475,000 -13.5% $299 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $549,000 -- $345 / 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 $13,238 $391,880 $180,000 $211,880
2023 $11,484 $362,360 $180,000 $182,360
2022 $7,079 $278,000 $127,400 $150,600
2021 $7,468 $210,640 $60,200 $150,440
2020 $6,301 $183,400 $60,200 $123,200
2019 $6,301 $183,400 $60,200 $123,200
2018 $4,820 $177,400 $60,200 $117,200
2017 $3,892 $178,400 $60,200 $118,200
2016 $3,892 $120,800 $61,400 $59,400
2015 $5,828 $108 $0 $0
2014 $5,948 $146,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Rutherford

    Seller's Agent in 2021

    Jenny Rutherford

    Jenny Rutherford Real Estate,

    (912) 800-9004

    95 in this area

    175 Total Sales

    Jenny Rutherford
    Section Image
  • Brent Palmer

    Seller Co-Listing Agent in 2021

    Brent Palmer

    Waterline Real Estate Group

    (912) 272-8489

    110 in this area

    145 Total Sales

    Brent Palmer
    Section Image
  • Lavinia Strong

    Seller's Agent in 2015

    Lavinia Strong

    Daniel Ravenel SIR

    (912) 272-3250

    7 in this area

    80 Total Sales

    Lavinia Strong
    Section Image
  • Carolyn Ezelle

    Seller Co-Listing Agent in 2015

    Carolyn Ezelle

    Daniel Ravenel SIR

    (912) 272-9711

    7 in this area

    71 Total Sales

    Carolyn Ezelle
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 242260

Savannah Multi-List Corporation

APN: 4002601009

Georgia Chatham County Tybee Island 31328

1406 Solomon Ave, Tybee Island, GA

This home is located at 1406 Solomon Ave, Tybee Island, GA 31328 since 01 February 2021 and is currently estimated at $1,020,982, approximately $416 per square foot. This property was built in 1995. 1406 Solomon Ave is a home located in Chatham County with nearby schools including Howard Elementary School, Coastal Middle School, and Islands High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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