Seller's Agent in 2020
Nazira Waldo
Engel & Volkers
(912) 657-4009
1 in this area
40 Total Sales
1501 E Broad St Savannah, GA 31401
Midtown Savannah NeighborhoodEstimated Value: $317,123
--
Bed
4
Baths
8,988
Sq Ft
$35/Sq Ft
Est. Value
Highlights
- 0.2 Acre Lot
- Ceiling height between 10 to 12 feet
- Concrete Flooring
- Savannah Arts Academy Rated A+
- Central Heating and Cooling System
- 3-minute walk to Dixon Park
About This Home
As of June 2020**THIS LISTING INCLUDES 6 LOTS** Dont miss this Amazing opportunity to own over a half of acre of land in the Thomas Square distict DOWNTOWN. The possibilities for developing .55 Acres in this Area Zoned TC1 & TN2 are endless . UNDER THE NEW ZONING already in effect, The Property that the existing Church is on and the ones across the street are zoned TC-1. The properties adjacent to the Church will be zoned TN-2. TC-1 Requires 435 SqFt of lot area per residential unit for Multifamily and has a Height Maximum of 3 stories/ 45 Feet . TN-2 Requires 1,750 SqFt of lot area and allows the same height. This almost 9000sf warehouse (currently used as a church ) could be an amazing center piece to Dixon park and Thomas Square District. Attched to this property are PIN numbers, 2-0053-28-033 9 (3000sf), 2-0053-28-034 (3000sf), 2-0053-28-002(3210), (3050sf ), 2-0053-28-003 (3180sf), and 2-0053-28-004 (3180sf).
6 LOTS ARE INCLUDED TOTALING .55 ACRES.
** ZONED @ TC1 & TN2***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,758
Year Built
- Built in 1947
Lot Details
- 8,712 Sq Ft Lot
- No Common Walls
- Chain Link Fence
Parking
- 60 Car Parking Spaces
Home Design
- Property Attached
- Cosmetic Repairs Needed
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Block Exterior
Interior Spaces
- 4 Bathrooms
- 8,988 Sq Ft Home
- 1-Story Property
- Ceiling height between 10 to 12 feet
- Oven or Range
Flooring
- Carpet
- Concrete
- Vinyl
Utilities
- Central Heating and Cooling System
- 220 Volts
- 110 Volts
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2-0053-28-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2019
Closed on
Jun 5, 2020
Sold by
Victory Prayer Synagogue Inc
Bought by
Wenum Sabrina and Wenum Joseph
Seller's Agent
Nazira Waldo
Engel & Volkers
Buyer's Agent
Liza DiMarco
Compass Georgia LLC
List Price
$1,400,000
Sold Price
$878,000
Premium/Discount to List
-$522,000
-37.29%
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
-$560,877
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wenum Sabrina | $203,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2020 06/05/20 | Sold | $878,000 | -20.2% | $98 / Sq Ft |
| 05/21/2020 05/21/20 | Price Changed | $1,100,000 | -4.3% | $122 / Sq Ft |
| 02/26/2020 02/26/20 | Price Changed | $1,150,000 | -8.0% | $128 / Sq Ft |
| 11/22/2019 11/22/19 | Price Changed | $1,250,000 | -10.7% | $139 / Sq Ft |
| 08/22/2019 08/22/19 | For Sale | $1,400,000 | -- | $156 / 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 | $4,758 | $159,880 | $90,000 | $69,880 |
| 2024 | $4,758 | $163,760 | $90,000 | $73,760 |
| 2023 | $2,189 | $179,440 | $90,000 | $89,440 |
| 2022 | $2,032 | $166,560 | $90,000 | $76,560 |
| 2021 | $3,754 | $81,200 | $45,200 | $36,000 |
| 2020 | $0 | $86,440 | $48,600 | $37,840 |
| 2019 | $0 | $86,440 | $48,600 | $37,840 |
| 2018 | $0 | $90,080 | $48,600 | $41,480 |
| 2017 | $0 | $89,400 | $48,600 | $40,800 |
| 2016 | -- | $89,000 | $48,600 | $40,400 |
| 2015 | -- | $88,640 | $48,600 | $40,040 |
| 2014 | -- | $88,080 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nazira Waldo
-
Joel Solomon
Seller Co-Listing Agent in 2020
Joel Solomon
Century 21 Solomon Properties
(912) 604-0896
1 in this area
99 Total Sales
-
Liza DiMarco
Buyer's Agent in 2020
Liza DiMarco
Compass Georgia LLC
(805) 450-3795
2 in this area
146 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 211508
APN: 2005328001
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