NOT LISTED FOR SALE

Estimated Value: $2,275,000 - $2,598,000

4 Beds
3.5 Baths
7,145 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $2,100,000 $294 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,201/month

88 Days on Market

Highlights

  • Marina
  • Private Dock
  • Deep Water Access
  • Boat Ramp
  • Boat Slip
  • In Ground Pool

About This Home

As of May 2022

"12 Palms" @ 160 Oatland Island Rd. is perhaps the finest renovation on Savannah's waterfront! A stunning update combining the stylishness of Hollywood glamour with the informality of Southern Coastal living. This immaculate home of +/- 7150 sq. ft. is strategically positioned just 9 minutes to the Landmark District/15 minutes to the beach. The grounds offer a private dock (8’-18' tide levels) for recreational water activities, stunning serenity pool, mature landscaping and sweeping water/marsh views. Flooded with natural light, the home features double living rooms w/ panoramic views, chef’s & butler’s kitchens, lavish master suite - all with deck and outdoor access. Upstairs ‘Entertainment Wing’ boasts private sleeping quarters with media room/kitchenette and over-scaled viewing deck. A thoughtful attention to detail raising the standard for Savannah waterfront – “12 Palms” is available for viewing by appointment for pre-qualified purchasers. Located in an X500 zone.

Last Agent to Sell the Property

Bradford Moody

Seabolt Real Estate License #213896 Listed on: 02/18/2022

Last Buyer's Agent

Thomas Vermillion

Seabolt Real Estate License #351547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,216

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1.05 Acre Lot
  • Property fronts a marsh
  • Fenced Yard
  • Wrought Iron Fence
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Tidal Wetland on Lot
  • Garden

Home Design

  • Traditional Architecture
  • Low Country Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 7,145 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Rear Stairs
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Automatic Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deep Water Access
  • Boat Slip
  • Private Dock
  • Uncovered Dock
  • Balcony
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Boat Ramp
  • Marina

Listing and Financial Details

  • Assessor Parcel Number 1-0124-03-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,216

Year Built

Built in 2006 | Remodeled

Lot Details

0

Listing Details

  • ADA Features: Yes
  • Construction: Frame, Stone/Frame, Stucco Unknown
  • Current Zoning: R1
  • Flood Insurance: Unknown
  • Legal Description: LOT 2 RICHARDSON CREEK SUB SMB 32S 67 HIGH 1.03 AC
  • Legal Subdivision: Richardson Creek Sub
  • List Price Per Sq Ft: 328.90
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Marina/Dock
  • Road Surface: Asphalt, Paved
  • Style: Architectural, Low Country, Traditional
  • Year Built: 2006
  • Zoning Description: Single Family
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop-Separate, Dishwasher, Disposal, Gas, Icemaker Connection, Microwave, Range, W/D Connection, Washer, Wine Chiller
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Common Walls: No Common Walls
  • Fireplace Features: Gas
  • Fireplace Location: Family Room
  • Interior: Ceilings; 9' Plus, Elevator, Foyer; Entrance, Rear Stairs, Recessed Lights
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Gourmet Kitchen, Island, Pantry
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Primary Bathroom Features: Double Vanities, Separate Shower, Tub
  • Master Bedroom Description: Master Main
  • Fireplaces: 1
  • Total Sq Ft: 7145

Exterior Features

  • Exterior House: Balcony, Deck, Front Porch, Patio-Covered, Porch
  • Foundation: Slab
  • Nameof Waterway: Richardson Creek
  • Pool Hot Tub Description: In-Ground Pool
  • Pool/Hot Tub: Yes
  • Roof: Composition, Tile
  • Structure: Renovated, Updated
  • Water Frontage Type: Deep Water, Marsh Front, Tidal Creek
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Description: Attached, Auto Garage Door, Kitchen Level Entry, Off Street

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Gas: Natural Gas
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 2
  • Sewer: Septic Tank
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Private Well
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: Boat Ramp

Schools

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

Lot Info

  • Dock Slip Description: Boat Slip-Covered, Dock-Uncovered, Private
  • Dock: Yes
  • Exterior Lot: Fenced Yard, Garden Area, Sprinkler System
  • Fencing: Wrought Iron
  • List Price Per Acre: 2238095.24
  • Lot Description: Level, Open Land, Private Backyard
  • Lot Num: 2
  • Lot Size Sq Ft: 45738
  • Lot View: Deep Water, Marsh
  • Num Acres: 1.0500
  • Parcel Number: 1-0124-03-015
  • Property Description: Full Size Lot

Green Features

  • Energy Features: Programmable Thermostat

Tax Info

  • Annual Tax: 22216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
May 17, 2022
Sold by
Gould Jay D
Bought by
Thompson Amy M
Seller's Agent
Bradford Moody
Seabolt Real Estate
Buyer's Agent
Thomas Vermillion
Seabolt Real Estate
List Price
$2,350,000
Sold Price
$2,100,000
Premium/Discount to List
-$250,000
-10.64%
Current Estimated Value
$2,391,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,500
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,575,000
Outstanding Balance
$1,505,175
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$961,325

Purchase Details

Closed on
Feb 25, 2016
Sold by
Gould Jay D
Bought by
Gould Jay D and Warshaw-Gould Arlene

Purchase Details

Listed on
Feb 16, 2013
Closed on
Apr 22, 2013
Sold by
Suntrust Bank
Bought by
Gould Jay D
Seller's Agent
Stewart Marshall
Daniel Ravenel SIR
Buyer's Agent
Lynne Bozeman
Daniel Ravenel SIR
List Price
$1,195,000
Sold Price
$985,000
Premium/Discount to List
-$210,000
-17.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Bonner Consulting Llc
Bought by
Suntrust Bank

Purchase Details

Closed on
Sep 29, 2006
Sold by
Not Provided
Bought by
Bonner Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,676
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Thompson Amy M $2,100,000 --
Gould Jay D -- --
Gould Jay D $985,000 --
Suntrust Bank $1,147,436 --
Bonner Consulting Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Amy M $174,400
Open Thompson Amy M $1,575,000
Previous Owner Bonner Consulting Llc $531,676
Previous Owner Bonner James F $1,203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $2,100,000 -10.6% $294 / Sq Ft
02/18/2022 02/18/22 For Sale $2,350,000 +138.6% $329 / Sq Ft
04/22/2013 04/22/13 Sold $985,000 -17.6% $193 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $1,195,000 -- $235 / 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 $25,289 $789,560 $176,400 $613,160
2023 $27,958 $826,920 $176,400 $650,520
2022 $22,133 $627,000 $176,400 $450,600
2021 $21,984 $621,240 $181,800 $439,440
2020 $22,668 $621,240 $181,800 $439,440
2019 $22,751 $621,240 $181,800 $439,440
2018 $32,695 $606,120 $181,800 $424,320
2017 $63,362 $608,960 $181,800 $427,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 264416

Savannah Multi-List Corporation

APN: 1012403015