NOT LISTED FOR SALE

1508 Butler Ave Unit 317 Tybee Island, GA 31328

Estimated Value: $575,815 - $675,000

3 Beds
2.5 Baths
1,374 Sq Ft
$600/mo HOA Fee

Last Sold April 12, 2019

Last sale price $415,000 $302 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,616/month

117 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Covered Patio or Porch
  • Howard Elementary School Rated A-
  • Whirlpool Bathtub
  • 1-minute walk to Park of Seven Flags

About This Home

As of April 2019

3 bedroom, 2 and 1 half bath luxury condominium. The development, Brass Rail Villas, is one of Tybee Island’s premier condo communities and is just steps to the ocean. Amenities include 2 pools, grilling pavilion, gated entry and private parking. The interior floor plan flows easily throughout and opens onto a covered veranda with lush landscape views. Appointments include, granite countertops and stainless steel appliances, a master suite that opens onto the private covered veranda, hardwood and tile flooring and is being sold fully furnished. Property includes 2 assigned garage parking spaces and elevator access from garage to front door. Property has been used by sellers as both a vacation rental and a second home. The condo does well on the vacation rental market due to the size, community amenities, proximity to the beach, and easy access to dining and shopping.

Last Agent to Sell the Property

Melinda Bailey

Seabolt Real Estate License #149588 Listed on: 11/07/2018

Last Buyer's Agent

Vanessa Barger

ERA Southeast Coastal License #239931

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,403

Year Built

  • Built in 2007

Lot Details

  • 1,307

HOA Fees

  • $600 Monthly HOA Fees

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Two or More Common Walls

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 4-0008-03-175

Community Details

Recreation

  • Community Pool

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,403

Year Built

Built in 2007

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Current Zoning: R2
  • Flood Insurance: Yes
  • Home Warranty: Negotiable
  • Home Warranty: 500
  • Inclusions: Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: UNIT 317 BRASSRAIL VILLAS CONDOMINIUMS CPN 2C 439
  • Legal Subdivision: Brass Rail Villas Condos #317
  • List Price Per Sq Ft: 304.95
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Recreation Facilities: Pool-Community
  • Road Surface: Asphalt
  • Year Built: 2007
  • Advertised Subdivision: BRASSRAIL
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior House: Patio-Covered
  • Foundation: Off Ground
  • Pool Hot Tub Description: In-Ground Pool, Spa
  • Pool/Hot Tub: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Description: Drive Under/Basement, Off Street

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community: Gated, Walk To Shopping

Lot Info

  • List Price Per Acre: 13966666.67
  • Lot Size Sq Ft: 1307
  • Num Acres: 0.0300
  • Parcel Number: 4-0008-03-175
  • Property Attached: Yes
  • Property Description: Built As Condominium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Apr 12, 2019
Sold by
Tybee Treehouse Llc
Bought by
Mckinney Joel
Seller's Agent
Melinda Bailey
Seabolt Real Estate
Buyer's Agent
Vanessa Barger
ERA Southeast Coastal
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Current Estimated Value
$627,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,954
Avg. Annual Appreciation
6.62%
Original Mortgage
$276,000
Outstanding Balance
$242,653
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$385,301

Purchase Details

Closed on
Feb 16, 2017
Sold by
Cronk Gregg Harold
Bought by
Tybee Treehouse Llc

Purchase Details

Closed on
Jul 31, 2013
Sold by
Brass Rail Villas Llc
Bought by
Bobby Chu Llc

Purchase Details

Listed on
Feb 4, 2013
Closed on
Feb 7, 2013
Sold by
Bobby Chu Llc
Bought by
Cronk Gregg Harold and Cronk Mary Anne
Seller's Agent
Sheldon Solomon
Century 21 Solomon Properties
Buyer's Agent
Joseph Shields
Century 21 Solomon Properties
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$271,200
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2008
Bought by
Bobby Chu 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
Mckinney Joel $415,000 --
Tybee Treehouse Llc -- --
Bobby Chu Llc -- --
Cronk Gregg Harold $339,000 --
Bobby Chu Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Joel $276,000
Previous Owner Cronk Gregg Harold $271,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $415,000 -1.0% $302 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $419,000 +23.6% $305 / Sq Ft
02/07/2013 02/07/13 Sold $339,000 0.0% $247 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $339,000 -- $247 / 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
2025 $8,403 $242,840 $100,000 $142,840
2024 $8,403 $242,040 $100,000 $142,040
2023 $6,866 $216,640 $79,960 $136,680
2022 $5,158 $169,360 $79,960 $89,400
2021 $5,115 $153,480 $79,960 $73,520
2020 $5,035 $152,600 $79,960 $72,640
2019 $5,035 $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 $4,232 $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: 198736

Savannah Multi-List Corporation

APN: 4000803175