Seller's Agent in 2024
Taavo Roos
Seabolt Real Estate
(912) 429-6729
75 in this area
234 Total Sales
17 W Park Ave Savannah, GA 31401
Historic Savannah Neighborhood
10
Beds
6
Baths
6,300
Sq Ft
7,187
Sq Ft Lot
Highlights
- 7,187 Sq Ft lot
- 2 Car Detached Garage
- 2-minute walk to Forsyth Park
- No HOA
- Central Heating and Cooling System
About This Home
As of November 2024Nestled along the iconic Forsyth Park, 17 West Park stands as a meticulously restored 1888 mansion, offering a rare blend of historic grandeur and modern convenience. This impressive property features 5 impeccably designed short-term vacation rental units with annual gross earnings exceeding $350,000. The main house features 4 units, while the 5th is in the carriage house. Adorned with original architectural details such as floor-to-ceiling bay windows, antique heart pine floors, and a majestic grand staircase, this impeccable property was renovated in 2019 to include many upgrades such as energy efficient windows. Marble fireplaces add a touch of timeless elegance to the living spaces, while expansive porches overlook sprawling side and back yards. 17 West Park presents an exceptional investment opportunity with detailed financials available upon request. The property also features a garage and 2 additional off street parking spaces as well.
Last Agent to Sell the Property
Seabolt Real Estate License #382783 Listed on: 06/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,427
Year Built
- Built in 1930
Lot Details
- 7,187 Sq Ft Lot
- 2 Pads in the community
Parking
- 2 Car Detached Garage
Home Design
- Stucco
Interior Spaces
- 6,300 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Grinder Pump
Community Details
- No Home Owners Association
- 5 Units
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 2004431008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2024
Closed on
Nov 25, 2024
Sold by
17 West Park Llc
Bought by
Ps Property Llc
Seller's Agent
Taavo Roos
Seabolt Real Estate
Buyer's Agent
Melissa Rowan
Engel & Volkers
List Price
$3,600,000
Sold Price
$3,275,000
Premium/Discount to List
-$325,000
-9.03%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$899,756
Avg. Annual Appreciation
-27.71%
Original Mortgage
$1,815,890
Outstanding Balance
$1,716,917
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$658,327
Purchase Details
Listed on
Feb 6, 2018
Closed on
Aug 3, 2018
Sold by
Vander Beek Diana
Bought by
17 West Park Llc
Seller's Agent
Chelsea Phillips
Six Bricks LLC
Buyer's Agent
Nathan Snyder
Six Bricks LLC
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,772,740
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 31, 2005
Sold by
Not Provided
Bought by
Palumbo Joseph and Palumbo Diana
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,275,000 | -- | |
| Warranty Deed | $1,700,000 | -- | |
| Deed | $615,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,815,890 | New Conventional | |
| Previous Owner | $1,772,740 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $3,275,000 | -9.0% | $520 / Sq Ft | |
| 06/20/2024 06/20/24 | For Sale | $3,600,000 | +111.8% | $571 / Sq Ft | |
| 08/03/2018 08/03/18 | Sold | $1,700,000 | -10.5% | $250 / Sq Ft | View Prior Sale |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- | |
| 02/06/2018 02/06/18 | For Sale | $1,900,000 | -- | $279 / Sq Ft |
Source: Savannah Multi-List Corporation
Tax History Compared to Growth
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 | $13,290 | $1,073,000 | $56,000 | $1,017,000 |
| 2024 | $13,290 | $459,760 | $73,600 | $386,160 |
| 2023 | $13,427 | $459,760 | $73,600 | $386,160 |
| 2022 | $5,609 | $459,760 | $73,600 | $386,160 |
| 2021 | $12,613 | $292,040 | $46,880 | $245,160 |
| 2020 | $9,221 | $0 | $0 | $0 |
| 2019 | $13,275 | $1,685 | $0 | $0 |
| 2018 | $8,367 | $305,080 | $46,880 | $258,200 |
| 2017 | $7,607 | $306,400 | $46,880 | $259,520 |
| 2016 | $7,280 | $270,920 | $46,880 | $224,040 |
| 2014 | $14,334 | $289,960 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Taavo Roos
-
Melissa Rowan
Buyer's Agent in 2024
Melissa Rowan
Engel & Volkers
(912) 398-5510
14 in this area
48 Total Sales
-
Ridley Stallings
Buyer Co-Listing Agent in 2024
Ridley Stallings
Engel & Volkers
(706) 566-5235
18 in this area
69 Total Sales
-
Chelsea Phillips
Seller's Agent in 2018
Chelsea Phillips
Six Bricks LLC
(912) 332-0465
38 in this area
438 Total Sales
-
Nathan Snyder
Buyer's Agent in 2018
Nathan Snyder
Six Bricks LLC
(912) 484-0990
4 in this area
58 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 313650
APN: 2004431008
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Information is deemed reliable but not guaranteed.
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