NOT LISTED FOR SALE

1508 Butler Ave Unit 318 Tybee Island, GA 31328

Estimated Value: $579,908 - $644,000

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

Last Sold August 01, 2024

Last sale price $565,000 $411 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,835/month

14 Days on Market

Highlights

  • Ocean View
  • Beach
  • Gated Community
  • Howard Elementary School Rated A-
  • In Ground Pool
  • 1-minute walk to Park of Seven Flags

About This Home

As of August 2024

You won't believe your eyes when you walk through the doors of this Tybee Island Condo. Just steps away from dipping your toes into the sand, you can enjoy the beach life from your ocean oasis balcony. This condo has all that you need to create your own beach retreat or turn it into a profitable short-term rental, the opportunities are endless. This condo boasts of hardwood floors, stainless steel appliances, a spacious primary suite, & a beautiful patio space, perfect for entertaining. You'll always feel safe & secure behind the gated entrance & underground parking. Enjoy one of the many inground pools, community areas, private dog walking area, or a sunset walk along the beach. Tired from a day at the beach? Don't worry, there's an elevator to take you right to your door. Commercial zoning allows for a new owner to apply for a vacation rental permit & with this condo being within walking distance of the beach, restaurants, shops & so much more, who wouldn't want to spend time here?!

Last Agent to Sell the Property

Becky Partin

Century 21 Luxe Real Estate License #368731 Listed on: 06/25/2024

Co-Listed By

Emily Adams

DR Horton Realty of Georgia License #418996

Last Buyer's Agent

Joseph Shields

Century 21 Solomon Properties License #219267

Century 21 Solomon Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 2007

Lot Details

  • Fenced Yard

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Traditional Architecture
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Single Vanity
  • Garden Bath
  • Separate Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4000803176

Community Details

Overview

  • Brass Rail Villas Association
  • Brass Rail Villas Subdivision

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,992

Year Built

Built in 2007

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2007
  • ResoLaundryFeatures: In Hall
  • ResoPoolFeatures: In Ground, Community
  • Reso View: Ocean
  • Co List Office Mls Id: 2009
  • Co List Office Phone: (912) 551-5893
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Brass Rail Villas
  • Architectural Style: Traditional
  • Reso Interior Features: Breakfast Bar, Garden Tub/Roman Tub, Separate Shower, Vanity
  • Property Attached Yn: Yes
  • Tax Year: 2023
  • Master Plan Zoning: R2
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator
  • Common Walls: 2+ Common Walls
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber, Rolled/Hot Mop
  • Waterfront: No
  • Acres: 0.03
  • View: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Stucco, Synthetic Stucco
  • Exterior Features: Covered Patio, Courtyard, Outdoor Grill
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Underground

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 950.0
  • Association Fee Frequency: Monthly
  • Association Name: Brass Rail Villas
  • Association: Yes
  • Community Features: Beach, Community Pool, Gated

Lot Info

  • Fencing: Yard Fenced
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1307.0
  • Parcel Number: 4000803176
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 1, 2024
Sold by
Robertson Scott A
Bought by
Ivey Robert L and Ivey Tina Marie
Seller's Agent
Becky Partin
Century 21 Luxe Real Estate
Buyer's Agent
Joseph Shields
Century 21 Solomon Properties
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%
Views
61
Current Estimated Value
$600,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,977
Avg. Annual Appreciation
5.56%
Original Mortgage
$423,750
Outstanding Balance
$419,028
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$181,949

Purchase Details

Listed on
Jan 7, 2008
Closed on
May 31, 2013
Sold by
Bobby Chu Llc
Bought by
Robertson Scott A and Robertson Rosemary R
Seller's Agent
Sheldon Solomon
Century 21 Solomon Properties
Buyer's Agent
Bonnie Gaster
BHHS Bay Street Realty Group
List Price
$555,000
Sold Price
$365,000
Premium/Discount to List
-$190,000
-34.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Green Stephen S
Bought by
Bobby Chu Llc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Not Provided
Bought by
Green Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.37%
Mortgage Type
Commercial
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
Ivey Robert L $565,000 --
Robertson Scott A $365,000 --
Bobby Chu Llc -- --
Bobby Chu -- --
Green Stephen S $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivey Robert L $423,750
Previous Owner Green Stephen S $399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $565,000 -5.0% $411 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $595,000 +63.0% $433 / Sq Ft
05/31/2013 05/31/13 Sold $365,000 -34.2% $266 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
01/07/2008 01/07/08 For Sale $555,000 -- $404 / 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 $8,542 $247,080 $100,000 $147,080
2024 $8,542 $246,240 $100,000 $146,240
2023 $6,992 $220,640 $79,960 $140,680
2022 $5,231 $172,000 $79,960 $92,040
2021 $5,187 $155,640 $79,960 $75,680
2020 $5,035 $154,760 $79,960 $74,800
2019 $5,035 $146,560 $79,960 $66,600
2018 $4,948 $144,040 $79,960 $64,080
2017 $4,655 $144,480 $79,960 $64,520
2016 $4,190 $130,040 $79,960 $50,080
2015 $4,232 $131,160 $0 $131,160
2014 -- $131,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 314039

Savannah Multi-List Corporation

APN: 4000803176