T
Seller's Agent in 2018
Teolita Sicay-Doms
Engel & Völkers
(912) 596-1984
8 Total Sales
18 W 40th St Savannah, GA 31401
Metropolitan NeighborhoodEstimated Value: $482,000 - $577,000
12
Beds
6
Baths
6,714
Sq Ft
$79/Sq Ft
Est. Value
Highlights
- 0.16 Acre Lot
- Deck
- Corner Lot
- Colonial Architecture
- Wood Flooring
- Fenced Yard
About This Home
As of March 2018Unique 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.
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
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
Total Days on Market
47
Current Estimated Value
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
$265,112
Interest Rate
3.92%
Mortgage Type
Cash
Estimated Equity
$263,781
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
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 | 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
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 | $3,988 | $160,360 | $50,000 | $110,360 |
| 2023 | $1,830 | $150,000 | $46,600 | $103,400 |
| 2022 | $2,591 | $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
-
Teolita Sicay-Doms
-
David Minkovitz
D
Buyer's Agent in 2018
David Minkovitz
BHHS Bay Street Realty Group
18 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 184983
APN: 2006539010
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