NOT LISTED FOR SALE

18 W 40th St Savannah, GA 31401

Metropolitan Neighborhood

Estimated Value: $533,000 - $560,000

12 Beds
6 Baths
6,714 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $760,000 $113 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $3,196/month

47 Days on Market

Highlights

  • 0.16 Acre Lot
  • Deck
  • Corner Lot
  • Colonial Architecture
  • Wood Flooring
  • Fenced Yard

About This Home

As of March 2018

Unique 6-Plex in the heart of the Starland District. Three handsome "colorful" brick duplexes built in German Colonial style with large balconies, front porches and private courtyards. Each duplex has an upstairs and a downstairs apartment. All 6 units are 2 BR, 1BA, with 2 non-working fireplaces, original hardwood floors, and well maintained. Fantastic Investment Opportunity! Fully rented with great rental history generating over $6,000 per month. Sold "AS IS" without a Seller's Disclosure.

Last Agent to Sell the Property

Teolita Sicay-Doms

Engel & Volkers License #252892 Listed on: 02/01/2018

Engel & Volkers

Last Buyer's Agent

David Minkovitz

BHHS Bay Street Realty Group License #149633

BHHS Bay Street Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,390

Year Built

  • Built in 1900

Lot Details

  • 7,144 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • European Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Composition Roof
  • Tin Roof

Interior Spaces

  • 6,714 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Range with Range Hood

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Scuttle Attic Hole
  • Pull Down Stairs to Attic

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Front Porch

Location

  • City Lot

Schools

  • Hodge Elementary School
  • Derenne Middle School
  • Beach High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Buildings
  • 6 Units
  • Property managed by Sicay Management

Listing and Financial Details

  • Tenant pays for cable, electric, gas, sewer, telephone, trash, water
  • Assessor Parcel Number 2-0065-40-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,390

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Brick
  • Current Zoning: RIP
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: LOTS 61, 62 NORTH PART OF LOT 60 SOLOMON WD
  • List Price Per Sq Ft: 120.64
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Road Surface: Asphalt, Curb, Curb & Gutter
  • Style: Colonial, European
  • Year Built: 1900
  • Zoning Description: Mixed Use, Multi Family
  • Advertised Subdivision: Starland
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric, Hood Fan, Range, Range/Oven, Refrigerator, W/D Connection, Washer
  • Attic: Pull Down, Scuttle
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 12
  • Fireplace Features: Non-Working
  • Floors: Ceramic, Hardwood
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Total Sq Ft: 6714

Exterior Features

  • Exterior House: Balcony, Courtyard, Deck, Front Porch
  • Foundation: Brick, Off Ground
  • Roof: Composition, Tin

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central, Heat Pump
  • Electric: 220 Volt
  • Heating Type: Central, Heat Pump
  • Num Cooling Units: 6
  • Num Heating Units: 6
  • Num Water Heaters: 6
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Sidewalks, Street Lights
  • Property Management: Yes
  • Property Mgt Co Name: Sicay Management
  • Property Mgt Co Phone: 912-234-0606

Schools

  • Elementary School: Hodge
  • Middle School: Derenne
  • High School: Beach

Lot Info

  • Exterior Lot: Fenced Yard
  • Fencing: Wood
  • List Price Per Acre: 4939024.39
  • Lot Description: City, Corner, Private Backyard
  • Lot Size Sq Ft: 7144
  • Num Acres: 0.1640
  • Parcel Number: 2-0065-40-007

Rental Info

  • Tenant Pays: Cable, Electric, Gas, Sewer, Telephone, Trash, Water

Tax Info

  • Annual Tax: 9390

Multi Family

  • Unit Count: 6

MLS Schools

  • Elementary School: Hodge
  • HighSchool: Beach
  • Middle School: Derenne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Wilson Orren L
Bought by
Braunschweig Caroline Martha
Current Estimated Value
$542,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$262,778
Interest Rate
3.92%
Mortgage Type
Cash
Estimated Equity
$279,569

Purchase Details

Closed on
Sep 23, 2019
Sold by
Two Sun Two Llc
Bought by
Wilson Orren L

Purchase Details

Closed on
Jan 26, 2007
Sold by
Not Provided
Bought by
18 East 40Th Street Land Trust

Purchase Details

Closed on
Dec 2, 2004
Sold by
18 East 40Th Street Land Trust
Bought by
Wilson Orren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Braunschweig Caroline Martha $375,000 --
Wilson Orren L -- --
Two Sun Two Llc -- --
18 East 40Th Street Land Trust -- --
Wilson Orren L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braunschweig Caroline Martha $281,250
Previous Owner Wilson Orren L $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $760,000 -6.2% $113 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $810,000 -- $121 / 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 $3,988 $157,880 $50,000 $107,880
2024 $3,988 $160,360 $50,000 $110,360
2023 $1,830 $150,000 $46,600 $103,400
2022 $1,184 $119,840 $32,000 $87,840
2021 $3,724 $97,080 $26,000 $71,080
2020 $2,824 $96,680 $26,000 $70,680
2019 $5,360 $89,440 $26,000 $63,440
2018 $5,067 $88,360 $26,000 $62,360
2017 $3,186 $74,520 $10,360 $64,160
2016 $2,185 $74,880 $10,360 $64,520
2015 $4,166 $75,600 $10,360 $65,240
2014 $3,682 $70,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Teolita Sicay-Doms

    Engel & Volkers

    (912) 596-1984

    8 Total Sales

    Teolita Sicay-Doms
    Section Image

  • D

    Buyer's Agent in 2018

    David Minkovitz

    BHHS Bay Street Realty Group

    Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 184983

Savannah Multi-List Corporation

APN: 2006539010

Georgia Chatham County Savannah 31401 Metropolitan

18 W 40th St, Savannah, GA

This home is located at 18 W 40th St, Savannah, GA 31401 since 01 February 2018 and is currently estimated at $542,347, approximately $80 per square foot. This property was built in 1900. 18 W 40th St is a home located in Chatham County with nearby schools including Hodge Elementary School, Derenne Middle School, and Beach 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.

Nearby Homes