NOT LISTED FOR SALE

16 Izlar Ave Tybee Island, GA 31328

Estimated Value: $813,000 - $1,035,575

2 Beds
2 Baths
1,684 Sq Ft
$531/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $371,000 $220 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,253/month

508 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • RV Parking in Community
  • Howard Elementary School Rated A-
  • Fitness Center
  • 1-minute walk to Park of Seven Flags

About This Home

As of January 2018

Circa 1932 Diamond in the rough Tybee Beach Cottage. This cottage needs lots of love in order to restore it to its original condition. Owner says it was once used as an old cafeteria for locals and travelers to eat lunch. Originally property also had several boarding rooms used for over night guests. Evidence of this is still visible in this property today. Original structure is still pretty much in tact. Save this old Tybee Beach cottage and own your piece of Tybee's history. Sold as is-no seller's disclosure

Last Agent to Sell the Property

Susan Hill

Century 21 Solomon Properties License #248916 Listed on: 07/01/2016

Century 21 Solomon Properties

Last Buyer's Agent

Jessica Kelly

Engel & Volkers License #270287

Engel & Volkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1932

Lot Details

  • 6,098 Sq Ft Lot
  • Chain Link Fence
  • Interior Lot

Home Design

  • Low Country Architecture
  • Frame Construction

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mari-Time Elementary School

Additional Features

  • City Lot
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4-0008-04-003

Community Details

Overview

  • RV Parking in Community

Recreation

  • Boat Ramp
  • Marina
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Construction: Frame
  • Current Zoning: C1
  • Flood Insurance: Yes
  • Legal Description: LOT 3 & PT OF 2 & 4 WD 5 TYBEE
  • List Price Per Sq Ft: 353.33
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Fitness Facilities, Marina/Dock, Playground, Tennis Courts, Volleyball
  • Road Surface: Asphalt
  • Style: Low Country
  • Year Built: 1932
  • Zoning Description: Commercial
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1684

Exterior Features

  • Other Structures: Out Building
  • Foundation: Off Ground
  • Structure: No Power, Structural Repairs, Unrestored

Utilities

  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Boat Ramp, Boat/Camper/Van Parking, Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk To School, Walk To Shopping

Schools

  • Elementary School: Mari-time

Lot Info

  • Fencing: Chain Link
  • List Price Per Acre: 4250000.00
  • Lot Description: City, Interior
  • Lot Size Sq Ft: 6098
  • Num Acres: 0.1400
  • Parcel Number: 4-0008-04-003
  • Property Description: Historic Property Lot

Tax Info

  • Annual Tax: 4155

MLS Schools

  • Elementary School: Mari-time

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2024
Sold by
Shelton Edward Heath
Bought by
Peach Door Properties Llc
Current Estimated Value
$894,394

Purchase Details

Closed on
Dec 18, 2018
Sold by
Eh Fortitude Inc
Bought by
Hollingsworth Shelton Edward Heath and Hollingsworth Shelton Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jan 17, 2018
Sold by
Verbunt Franciscus C
Bought by
Eh Fortitude Inc
Seller's Agent
Susan Hill
Century 21 Solomon Properties
Buyer's Agent
Jessica Kelly
Engel & Volkers
List Price
$750,000
Sold Price
$371,000
Premium/Discount to List
-$379,000
-50.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$470,000
Interest Rate
3.94%
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
Peach Door Properties Llc -- --
Hollingsworth Shelton Edward Heath -- --
Eh Fortitude Inc $371,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Edward $475,000
Previous Owner -- $480,000
Previous Owner Eh Fortitude Inc $470,000
Previous Owner Verbunt Ruth E $461,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $371,000 -50.5% $220 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $750,000 -- $445 / 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 $4,668 $437,240 $187,520 $249,720
2023 $4,712 $416,040 $187,520 $228,520
2022 $4,997 $374,160 $187,520 $186,640
2021 $4,941 $284,440 $104,000 $180,440
2020 $5,108 $273,760 $104,000 $169,760
2019 $4,744 $138,920 $96,000 $42,920
2018 $4,453 $138,080 $96,000 $42,080
2017 $4,454 $138,200 $96,000 $42,200
2016 $4,454 $138,240 $96,000 $42,240
2015 $4,203 $130,240 $97,440 $32,800
2014 $6,273 $131,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 165064

Savannah Multi-List Corporation

APN: 4000804003