NOT LISTED FOR SALE

1508 Butler Ave Unit 315 Tybee Island, GA 31328

Estimated Value: $644,000 - $703,000

3 Beds
2.5 Baths
1,374 Sq Ft
$950/mo HOA Fee

Last Sold March 27, 2023

Last sale price $645,000 $469 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,447/month

39 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Traditional Architecture
  • Howard Elementary School Rated A-
  • Deck
  • 1-minute walk to Park of Seven Flags

About This Home

As of March 2023

Premier Brass Rail Villas top floor, corner unit overlooking the pool and hot tub! Commercial zoning allows a new owner to obtain a vacation rental permit immediately! 2 assigned parking spaces and this unit also has it's own private storage unit in the garage area. 3Bd's and 2 1/2Ba's, with hardwood floors throughout, large master suite, and sold partially furnished! The expansive deck overlooks the pool and hot tub with ample room for entertaining and relaxing! There is an elevator in the building right next to the 2 assigned parking spots. Large kitchen with an open living / dining concept that opens onto the deck. This unit would be an ideal vacation rental or full time residence!

Last Agent to Sell the Property

Brent Palmer

Waterline Real Estate Group License #268312 Listed on: 02/16/2023

Last Buyer's Agent

Rick Wills

Real Broker, LLC License #402810

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1,307

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Concrete Foundation
  • Block Foundation
  • Rolled or Hot Mop Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 3-Story Property

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • Maritime Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessibility Features
  • 1 Common Wall

Listing and Financial Details

  • Assessor Parcel Number 4000803173

Community Details

Overview

  • Brass Rail Villas Homeowner's Association

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,231

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • GarageYN: Yes
  • ADA Features: Yes
  • Construction: Cinder Block, Stucco-Hard Coat
  • Current Zoning: C1
  • Flood Insurance: Yes
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: UNIT 315 BRASSRAIL VILLAS CONDOMINIUMS CPN 2C 439
  • Legal Subdivision: Brass Rail Villas Condos Ph 2
  • List Price Per Sq Ft: 473.00
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Recreation Facilities: Pool-Community
  • Road Surface: Asphalt, Brick
  • Style: Spanish, Traditional
  • Year Built: 2007
  • Zoning Description: Commercial, Multi Family
  • Advertised Subdivision: Brass Rail Villas
  • Short Term Vacation Rental Certi: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric, Furnished, Microwave, Range/Oven, Refrigerator, W/D Connection, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Common Walls: 1 Commonwalls
  • Kitchen / Breakfast: Breakfast Area
  • Laundry: Laundry Room
  • Primary Bathroom Features: Double Vanities, Garden Tub, Separate Shower
  • Master Bedroom Description: Master Main
  • Total Sq Ft: 1374
  • Unit Floor: 3

Exterior Features

  • Exterior House: Balcony, Deck, Patio-Covered
  • Foundation: Block, Concrete
  • Pool Hot Tub Description: Hot Tub, In-Ground Pool
  • Pool/Hot Tub: Yes
  • Roof: Rolled Rubber
  • Structure: Renovated

Garage/Parking

  • Num Assigned Spaces: 2
  • Garage Spaces: 2
  • Num Parking Pad: 2
  • Parking Description: Drive Under/Basement

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Electric: 110 Volt
  • 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
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 950
  • Association Fee Frequency: Monthly
  • Association Name: Brass Rail Villas Homeowner's Association
  • Association: Yes
  • Community: Gated, Sidewalks, Street Lights, Walk To Shopping

Schools

  • Elementary School: Maritime
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • Fencing: Concrete
  • List Price Per Acre: 21663333.33
  • Lot Size Sq Ft: 1307
  • Num Acres: 0.0300
  • Parcel Number: 4000803173
  • Property Attached: Yes
  • Property Description: Built As Condominium

Tax Info

  • Annual Tax: 5231

MLS Schools

  • Elementary School: Maritime
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 27, 2023
Sold by
Moore Charles E
Bought by
Murren Charles Andrew and Murren Erika Ann
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Rick Wills
Real Broker, LLC
List Price
$649,900
Sold Price
$645,000
Premium/Discount to List
-$4,900
-0.75%
Total Days on Market
39
Views
28
Current Estimated Value
$674,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,138
Avg. Annual Appreciation
2.00%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 23, 2021
Sold by
Montgomery Amey T
Bought by
Moore Tina R and Moore Charles E
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Brent Palmer
Waterline Real Estate Group
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%
Original Mortgage
$425,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2019
Closed on
Sep 16, 2019
Sold by
Rmc Tybee Llc
Bought by
Montgomery Scott W and Montgomery Amey T
Seller's Agent
Sheldon Solomon
Century 21 Solomon Properties
Buyer's Agent
Susan Hill
Century 21 Solomon Properties
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$290,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2019
Sold by
Rmc Tybee Llc
Bought by
Chu Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2019
Sold by
Majestic Coast Properties Llc
Bought by
Rmc Tybee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2011
Sold by
Chu Diana Wu and Chu Shao Ping
Bought by
Majestic Coast Properties Llc

Purchase Details

Closed on
Apr 21, 2008
Sold by
Not Provided
Bought by
Majestic Coast 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
$200,000
Interest Rate
5.84%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Murren Charles Andrew $645,000 --
Moore Tina R $515,000 --
Montgomery Scott W $410,000 --
Chu Robert Michael -- --
Rmc Tybee Llc -- --
Majestic Coast Properties Llc -- --
Majestic Coast Properties Llc -- --
Majestic Coast Properties Llc $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Tina R $425,000
Previous Owner Montgomery Scott W $290,000
Previous Owner Chu Robert Michael $400,000
Previous Owner Majestic Coast Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $645,000 -0.8% $469 / Sq Ft
02/16/2023 02/16/23 For Sale $649,900 +26.2% $473 / Sq Ft
12/23/2021 12/23/21 Sold $515,000 -1.9% $375 / Sq Ft
12/01/2021 12/01/21 For Sale $525,000 +28.0% $382 / Sq Ft
09/16/2019 09/16/19 Sold $410,000 -4.4% $298 / Sq Ft
04/25/2019 04/25/19 For Sale $429,000 -- $312 / 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 $8,775 $253,280 $100,000 $153,280
2023 $7,203 $227,280 $79,960 $147,320
2022 $5,231 $176,360 $79,960 $96,400
2021 $5,187 $155,640 $79,960 $75,680
2020 $5,035 $154,760 $79,960 $74,800
2019 $7,509 $146,560 $79,960 $66,600
2018 $4,423 $144,040 $79,960 $64,080
2017 $4,190 $144,480 $79,960 $64,520
2016 $4,190 $130,040 $79,960 $50,080
2015 $2,126 $131,160 $0 $131,160
2014 $6,118 $131,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 283386

Savannah Multi-List Corporation

APN: 4000803173