NOT LISTED FOR SALE

1540 Wilmington Island Rd Savannah, GA 31410

Estimated Value: $2,997,000 - $3,909,000

6 Beds
5 Baths
6,422 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $1,682,500 $262 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $20,659/month

13 Days on Market

Highlights

  • Private Dock
  • Deep Water Access
  • River Front
  • Howard Elementary School Rated A-
  • In Ground Pool
  • 2.01 Acre Lot

About This Home

As of September 2016

Aggressively priced well below recent appraisal (7/16), this spectacular estate home sits on 3 deepwater lots with 196 ft of river frontage on the Wilmington River. Property sits on a bluff and is X Zone. Its combination of historic pedigree and very large, private lot make this a rare opportunity. Built in 1895, it has recently been fully restored so that you can enjoy all the charms of an old home blended with all the comforts of a new one. The home is 3 levels with the master wing and multiple living spaces on the main, 2 large bedrooms plus bath upstairs and a ground level featuring entertainment room, game room, bedroom and bath. There is a separate 2 bedroom, 1 bath cottage with a full kitchen. The grounds boast a swimming pool, dock, dock house, and floating docs. Come live the good life in this gracious, low country landmark!

Last Agent to Sell the Property

Elizabeth Quigley Ferencsik

Keller Williams Coastal Area P License #343278 Listed on: 08/29/2016

Keller Williams Coastal Area P

Last Buyer's Agent

Stephen Lufburrow

Lufburrow Realty Company, LLC License #42398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,075

Year Built

  • Built in 1895

Lot Details

  • 2.01 Acre Lot
  • River Front
  • Well Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Low Country Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Metal Roof

Interior Spaces

  • 6,422 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • See Through Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Storm Windows
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • In Ground Pool
  • Deep Water Access
  • 2 Dock Slips
  • Private Dock
  • Uncovered Dock
  • Covered Dock
  • Stream or River on Lot
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1-0098A-09-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,075

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Construction: Brick/Siding
  • Current Zoning: R1
  • Flood Insurance: Unknown
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Speakers; Wired, Washer, Water Softener
  • Legal Description: LOTS 17 18 19 HOMEFIELD & TILTON TCT WILMINGTON ISLAND
  • Legal Subdivision: Wilmington Is Pleasure & Impro
  • List Price Per Sq Ft: 284.18
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Style: Low Country, Traditional
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Gas Starter, See-Thru, Wood Burning
  • Fireplace Location: Family Room, Kitchen, Living Room, Master Bedroom
  • Laundry: Laundry Room
  • Primary Bathroom Features: Double Vanities, Separate Shower
  • Fireplaces: 4
  • Total Sq Ft: 6422

Exterior Features

  • Exterior House: Front Porch, Porch
  • Foundation: Brick
  • Pool Hot Tub Description: In-Ground Pool
  • Roof: Metal/Steel
  • Water Frontage Type: Deep Water, River
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Numof Slips: 2
  • Parking Description: Detached

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 3
  • Sewer: Septic Tank
  • Underground Utilities: Yes
  • Water: Private Well
  • Water Heater Type: Gas

Lot Info

  • Dock Slip Description: Dock-Covered, Dock-Uncovered, Private
  • Dock: Yes
  • Exterior Lot: Sprinkler System W/Well
  • List Price Per Acre: 907960.20
  • Lot Num: 17
  • Lot Size Sq Ft: 87556
  • Lot View: Deep Water, River
  • Num Acres: 2.0100
  • Parcel Number: 1-0098A-09-003
  • Property Description: Historic Property Lot

Green Features

  • Energy Features: Double Pane/Thermo, Extra Insulation, Programmable Thermostat, Storm Windows

Tax Info

  • Annual Tax: 22075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Sep 29, 2016
Sold by
Powers Andrew
Bought by
Gill James and Gill Sarah
Seller's Agent
Elizabeth Quigley Ferencsik
Keller Williams Coastal Area P
Buyer's Agent
Stephen Lufburrow
Lufburrow Realty Company, LLC
List Price
$1,825,000
Sold Price
$1,682,500
Premium/Discount to List
-$142,500
-7.81%
Current Estimated Value
$3,357,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,675,263
Avg. Annual Appreciation
7.80%
Original Mortgage
$900,000
Outstanding Balance
$703,186
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,553,868

Purchase Details

Closed on
May 24, 2007
Sold by
Not Provided
Bought by
Powers Andrew J and Powers Blanche

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Cunningham Judith H
Bought by
Brown John D and Brown Amanda S
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
Gill James $1,682,500 --
Powers Andrew J $2,400,000 --
Brown John D $1,737,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill James $900,000
Previous Owner Powers Andrew J $653,464
Previous Owner Powers Andrew J $0
Previous Owner Little Neck Properties Llc $2,432,800
Previous Owner Brown Amanda S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $1,682,500 -7.8% $262 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $1,825,000 -- $284 / 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 $25,376 $1,014,720 $456,320 $558,400
2023 $23,980 $881,240 $380,240 $501,000
2022 $23,566 $750,560 $380,240 $370,320
2021 $23,439 $673,520 $374,720 $298,800
2020 $23,944 $669,160 $374,720 $294,440
2019 $24,027 $8,740 $0 $0
2018 $24,328 $663,040 $376,120 $286,920
2017 $19,803 $673,000 $348,614 $324,386
2016 $24,088 $722,000 $376,120 $345,880
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Quigley Ferencsik

    Seller's Agent in 2016

    Elizabeth Quigley Ferencsik

    Keller Williams Coastal Area P

    (912) 484-5804

    3 in this area

    52 Total Sales

    Elizabeth Quigley Ferencsik
    Section Image

  • S

    Buyer's Agent in 2016

    Stephen Lufburrow

    Lufburrow Realty Company, LLC

    (912) 355-6562

    16 Total Sales

    Stephen Lufburrow
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 161769

Savannah Multi-List Corporation

APN: 10098A09003

Georgia Chatham County Savannah 31410

1540 Wilmington Island Rd, Savannah, GA

This home is located at 1540 Wilmington Island Rd, Savannah, GA 31410 since 29 August 2016 and is currently estimated at $3,357,763, approximately $522 per square foot. This property was built in 1895. 1540 Wilmington Island Rd is a home located in Chatham County with nearby schools including Howard Elementary School, Coastal Middle School, and Islands High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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