NOT LISTED FOR SALE

1408 E 38th St Savannah, GA 31404

Live Oak Neighborhood

Estimated Value: $313,000 - $512,000

6 Beds
3 Baths
2,440 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $72,500 $30 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $2,126/month

55 Days on Market

Highlights

  • Interior Lot
  • Savannah Arts Academy Rated A+
  • Central Heating and Cooling System

About This Home

As of September 2013

Great investment opportunity! 3 bedroom house with living room with fireplace, dining room, and large eat-in kitchen. 2 story carriage house with 2 two-bedroom units each. Buyer would have the right to an inspection but at this price Seller will not do any repairs. Property Sold "AS-IS"

Last Listed By

Donald Callahan

Keller Williams Coastal Area P License #203007 Listed on: 05/29/2013

Keller Williams Coastal Area P

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 69 x 140
  • Interior Lot

Parking

  • 2 Carport Spaces

Home Design

  • 2,440 Sq Ft Home
  • Triplex
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2-0062-22-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Construction: Frame
  • Flood Insurance: Unknown
  • Legal Description: LOTS 18, 20A & THE EAST 24 FEET OF LOT 16 BLOCK 15 ROOS WARD
  • List Price Per Sq Ft: 32.58
  • Property Sub Type: Tri-Plex
  • Property Type: Multifamily
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2440

Garage/Parking

  • Num Carport Spaces: 2

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Schools

  • Elementary School: Thunderbolt
  • Middle School: Shuman
  • High School: Savannah

Lot Info

  • Lot Description: City, Interior
  • Lot Dimension: 69 x 140
  • Parcel Number: 2-0062-22-016

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Nov 1, 2013
Sold by
Mcginna Kevin P
Bought by
Cold Comfort Homes Llc
Seller's Agent
Donald Callahan
Keller Williams Coastal Area P
Buyer's Agent
Donald Callahan
Keller Williams Coastal Area P
List Price
$85,000
Sold Price
$72,500
Premium/Discount to List
-$12,500
-14.71%
Total Days on Market
55
Current Estimated Value
$368,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,960
Avg. Annual Appreciation
15.20%

Purchase Details

Listed on
May 29, 2013
Closed on
Sep 16, 2013
Sold by
Williams Michael
Bought by
Mcginna Kevin P
Seller's Agent
Donald Callahan
Keller Williams Coastal Area P
Buyer's Agent
Donald Callahan
Keller Williams Coastal Area P
List Price
$85,000
Sold Price
$72,500
Premium/Discount to List
-$12,500
-14.71%

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
Cold Comfort Homes Llc -- --
Mcginna Kevin P $72,500 --
Cold Comfort Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cold Comfort Homes Llc $300,000
Closed Cold Comfort Homes Llc $150,000
Closed Stieb Michael David $146,000
Closed Cold Comfort Homes Llc $235,000
Previous Owner Williams Michael $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $72,500 -14.7% $30 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $85,000 -- $35 / 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 $1,001 $121,880 $28,600 $93,280
2023 $1,159 $95,040 $15,600 $79,440
2022 $1,797 $68,080 $15,600 $52,480
2021 $2,784 $58,280 $6,520 $51,760
2020 $1,144 $41,400 $6,520 $34,880
2019 $2,110 $36,240 $6,520 $29,720
2018 $1,368 $31,640 $6,520 $25,120
2017 $875 $29,840 $6,520 $23,320
2016 $615 $21,080 $6,520 $14,560
2015 $1,156 $20,440 $6,480 $13,960
2014 $1,198 $21,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Callahan

    Seller's Agent in 2013

    Donald Callahan

    Keller Williams Coastal Area P

    (912) 441-4416

    11 in this area

    445 Total Sales

    Donald Callahan
    Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 110827

Savannah Multi-List Corporation

APN: 2006222016

Georgia Chatham County Savannah 31404 Live Oak

1408 E 38th St, Savannah, GA

Homes for Sale in Savannah, GA

This home is located at 1408 E 38th St, Savannah, GA 31404 since 29 May 2013 and is currently estimated at $368,460, approximately $151 per square foot. This property was built in 1942. 1408 E 38th St is a home located in Chatham County with nearby schools including Spencer Elementary School, Hubert Middle School, and Savannah Arts Academy.

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Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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