NOT LISTED FOR SALE

1505 2nd Ave Tybee Island, GA 31328

Estimated Value: $754,000 - $937,000

3 Beds
3 Baths
1,170 Sq Ft
$715/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $850,000 $726 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,215/month

41 Days on Market

Highlights

  • In Ground Pool
  • Screened Porch
  • Laundry Room
  • Howard Elementary School Rated A-
  • Fenced Yard
  • 3-minute walk to Park of Seven Flags

About This Home

As of August 2022

CHARMING, BEAUTIFULLY FURNISHED TYBEE BEACH COTTAGE ON DESIRABLE BIKE ROUTE JUST TWO BLOCKS TO THE OCEAN, RESTAURANTS AND SHOPS! THIS 3 BEDROOM, 3 BATH HOME WITH A POOL AND PORCH HAS GREAT RENTAL HISTORY AND STVR LICENSE IN PLACE. BEAUTIFUL HARDWOOD FLOORING AND OPEN PLAN THAT MAKES IT FEEL MUCH LARGER INSIDE. TIN ROOF, OUTDOOR SHOWER, PICKET FENCE, JUST ADORABLE!

Last Agent to Sell the Property

Sandy McCloud

Century 21 Results License #251032 Listed on: 07/05/2022

Last Buyer's Agent

Shannan Hunt

Seabolt Real Estate License #348270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 1946

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard
  • Picket Fence

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Tin Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4000809013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,523

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Construction: Frame, Wood
  • Current Zoning: R2
  • Flood Insurance: Yes
  • Legal Description: LT 91A WD 4 TYBEE
  • Legal Subdivision: Tybee Island Ward 4
  • List Price Per Sq Ft: 743.50
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt
  • Style: Bungalow
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Common Walls: No Common Walls
  • Laundry: Laundry Room
  • Total Sq Ft: 1170

Exterior Features

  • Exterior House: Screen Porch
  • Foundation: Off Ground
  • Pool Hot Tub Description: In-Ground Pool
  • Pool/Hot Tub: Yes
  • Roof: Tin

Garage/Parking

  • Num Parking Pad: 4
  • Parking Description: Off Street

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Schools

  • Elementary School: HOWARD/MARITIME
  • Middle School: COASTAL
  • High School: ISLANDS

Lot Info

  • Exterior Lot: Fenced Yard
  • Fencing: Picket
  • List Price Per Acre: 8699000.00
  • Lot Description: City
  • Lot Num: 91a
  • Lot Size Sq Ft: 4356
  • Num Acres: 0.1000
  • Parcel Number: 4000809013
  • Property Attached: Yes
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 4523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 10, 2022
Sold by
Burns Dorothy
Bought by
Odermatt Kenneth W and Odermatt Courtney E
Seller's Agent
Sandy McCloud
Century 21 Results
Buyer's Agent
Shannan Hunt
Seabolt Real Estate
List Price
$869,900
Sold Price
$850,000
Premium/Discount to List
-$19,900
-2.29%
Views
2
Current Estimated Value
$836,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,811
Avg. Annual Appreciation
-0.32%
Original Mortgage
$600,000
Outstanding Balance
$577,460
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$264,682

Purchase Details

Listed on
Oct 6, 2012
Closed on
Mar 20, 2013
Sold by
Levin Rob D
Bought by
Burns Peter F and Burns Dorothy
Seller's Agent
Libby Bacon
Keller Williams Coastal Area P
Buyer's Agent
Sandy McCloud
Century 21 Results
List Price
$349,500
Sold Price
$315,000
Premium/Discount to List
-$34,500
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$283,500
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Odermatt Kenneth W $850,000 --
1505 2Nd Ave Llc -- --
Burns Peter F $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1505 2Nd Ave Llc $600,000
Previous Owner Burns Peter F $358,500
Previous Owner Burns Peter F $283,500
Previous Owner Levin Rob D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $850,000 -2.3% $726 / Sq Ft
07/05/2022 07/05/22 For Sale $869,900 +176.2% $744 / Sq Ft
03/20/2013 03/20/13 Sold $315,000 -9.9% $269 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
10/06/2012 10/06/12 For Sale $349,500 -- $299 / 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 $7,160 $233,760 $110,000 $123,760
2023 $7,587 $239,400 $110,000 $129,400
2022 $4,524 $190,840 $110,000 $80,840
2021 $4,637 $134,600 $64,480 $70,120
2020 $4,005 $125,040 $64,480 $60,560
2019 $4,004 $116,560 $64,480 $52,080
2018 $3,214 $113,000 $64,480 $48,520
2017 $3,207 $99,960 $64,480 $35,480
2016 $3,206 $99,520 $64,480 $35,040
2015 $3,182 $98,600 $64,320 $34,280
2014 $4,758 $102,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 271561

Savannah Multi-List Corporation

APN: 4000809013