NOT LISTED FOR SALE

Estimated Value: $264,000 - $278,000

2 Beds
2 Baths
1,080 Sq Ft
$384/mo HOA Fee

Last Sold August 11, 2023

Last sale price $250,000 $231 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,189/month

30 Days on Market

Highlights

  • In Ground Pool
  • Screened Porch
  • Bookcases
  • Contemporary Architecture
  • Central Heating and Cooling System

About This Home

As of August 2023

Stop looking and start living in The Merritt, one of the most beautiful resort style communities in Savannah, Ga. This second floor 2 BR, 2 BA condo offers an open floor concept layout with built-in bookshelves in the living room and screened-in balcony overlooking a spectacular wooded view. Updated with LVP flooring and newly painted walls and trim throughout. The kitchen offers newer stainless appliances & new stainless farm sink. Comes with Storage unit (S112). The HOA fees cover exterior building maintenance, grounds maintenance, water/sewer/trash, pool & all common areas and insurances (the buyer only needs an inside policy). Original owners & only used as a 2nd home. The Merritt is a gated community offering resort-style amenities which include pool with waterfall, fitness center, clubhouse, car wash station & dog park. Conveniently located 15 minutes from downtown Savannah and Tybee Island. Living in The Merritt is like being on vacation!

Last Listed By

Lee Ann Marsh

Century 21 Solomon Properties License #245551 Listed on: 07/07/2023

Century 21 Solomon Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $384 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • In Ground Pool
  • 1 Common Wall

Community Details

  • The Merritt HOA

Listing and Financial Details

  • Assessor Parcel Number 10173A02105

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,106

Year Built

Built in 2005

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • GarageYN: No
  • Construction: Siding
  • Current Zoning: PUD
  • Flood Insurance: Yes
  • Legal Description: UNIT 1928 MERRITT AT WHITEMARSH CONDOMINIUM PH 2 CPB 2-216, 217A
  • Legal Subdivision: Merritt/Whitemarsh Condo
  • List Price Per Sq Ft: 249.07
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Style: Contemporary
  • Year Built: 2005
  • Advertised Subdivision: Merritt
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric, Icemaker Connection, Microwave, Range, Refrigerator, W/D Connection, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Common Walls: 1 Commonwalls
  • Interior: Bookcases Built-In, Ceiling; Tray
  • Laundry: Dryer Connection, Laundry Chute, Washer Connection
  • Total Sq Ft: 1080

Exterior Features

  • Exterior House: Screen Porch
  • Pool Hot Tub Description: In-Ground Pool

Garage/Parking

  • Num Parking Pad: 2
  • Parking Description: Off Street, Parking Lot

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 384
  • Association Fee Frequency: Monthly
  • Association Name: The Merritt HOA
  • Association: Yes

Lot Info

  • List Price Per Acre: 13450000.00
  • Lot Size Sq Ft: 871
  • Num Acres: 0.0200
  • Parcel Number: 10173A02105
  • Property Attached: Yes
  • Property Description: Condominium Conversion

Tax Info

  • Annual Tax: 2106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 6, 2023
Sold by
Shelton William M
Bought by
Solt Jennifer
Seller's Agent
Lee Ann Marsh
Century 21 Solomon Properties
Buyer's Agent
Lee Ann Marsh
Century 21 Solomon Properties
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Total Days on Market
30
Views
89
Current Estimated Value
$269,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,946
Avg. Annual Appreciation
5.23%
Original Mortgage
$225,000
Outstanding Balance
$221,070
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$51,849

Purchase Details

Closed on
Jul 2, 2007
Sold by
Not Provided
Bought by
Shelton William M and Shelton Donna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,950
Interest Rate
6.25%
Mortgage Type
Commercial

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
Solt Jennifer $250,000 --
Shelton William M $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solt Jennifer $225,000
Previous Owner Shelton William M $119,500
Previous Owner Shelton William M $123,950
Previous Owner Shelton William M $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $250,000 -7.1% $231 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $269,000 -- $249 / 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 $3,628 $100,000 $27,160 $72,840
2023 $3,084 $91,480 $17,600 $73,880
2022 $2,106 $68,280 $8,800 $59,480
2021 $2,095 $59,120 $8,800 $50,320
2020 $1,940 $58,520 $8,800 $49,720
2019 $1,940 $53,160 $8,800 $44,360
2018 $1,881 $51,440 $8,800 $42,640
2017 $1,637 $47,720 $8,800 $38,920
2016 $1,445 $43,400 $8,800 $34,600
2015 $1,460 $43,760 $0 $43,760
2014 $1,900 $38,840 $0 $0
Source: Public Records

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Source: Savannah Multi-List Corporation

MLS Number: 291750

Savannah Multi-List Corporation

APN: 10173A02105