2 2nd Terrace Unit A and B Tybee Island, GA 31328
Estimated Value: $1,688,000 - $2,232,000
6
Beds
5
Baths
3,220
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- Ocean Front
- Traditional Architecture
- Breakfast Area or Nook
- Howard Elementary School Rated A-
- Covered patio or porch
- Laundry Room
About This Home
As of January 2021One of a Kind Oceanfront Oasis consisting of a 4Bd / 3Ba main oceanfront house with a 2Bd / 2Ba second home with ocean views! Direct Access and Views to Tybee Island's famous beachfront! Extremely unique property that may be the only oceanfront parcel with 2 homes on the property. Both homes are sold turnkey and ready for lucrative vacation rental income or as a full time residence with a guest house. Currently, each home is used separately as a vacation rental property with future bookings in place. There are a total of 5 parking spaces for both homes. The views from this property are incredible with direct oceanfront and watch ships pass by North Beach. Centrally located within walking distance to several shops and restaurants. Both properties have had recent renovations to enhance the beach experience. The main home's top floor is completely open allowing an enchanting entertaining space while watching the waves crash from the front covered deck! Many options on this property!
Last Agent to Sell the Property
Waterline Real Estate Group License #268312 Listed on: 10/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,292
Year Built
- Built in 1950 | Remodeled
Lot Details
- 5,663 Sq Ft Lot
- Ocean Front
- Wood Fence
- Open Lot
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Concrete Foundation
- Block Foundation
- Asphalt Roof
- Metal Roof
- Stucco
Interior Spaces
- 3,220 Sq Ft Home
- 2-Story Property
Kitchen
- Breakfast Area or Nook
- Convection Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Upstairs
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- 220 Volts
- Well
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4-0004-04-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2020
Closed on
Jan 13, 2021
Sold by
Heinze Megan W
Bought by
Davidson David Nicholas and Fraizer Davidson Tracy
Seller's Agent
Brent Palmer
Waterline Real Estate Group
Buyer's Agent
Brent Palmer
Waterline Real Estate Group
List Price
$1,595,500
Sold Price
$1,525,000
Premium/Discount to List
-$70,500
-4.42%
Total Days on Market
92
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
$418,191
Avg. Annual Appreciation
6.94%
Original Mortgage
$1,275,000
Interest Rate
2.67%
Mortgage Type
VA
Purchase Details
Closed on
Jul 30, 2018
Sold by
Coastal Tides Llc
Bought by
Heinze Megan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2013
Sold by
Ewaldsen Paul H
Bought by
Coastal Tides Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Similar Homes in Tybee Island, GA
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 |
|---|---|---|---|
| Davidson David Nicholas | $1,525,000 | -- | |
| Heinze Megan W | $1,260,000 | -- | |
| Coastal Tides Llc | $1,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davidson David Nicholas | $1,277,650 | |
| Closed | Davidson David Nicholas | $1,275,000 | |
| Previous Owner | Heinze Megan W | $860,000 | |
| Previous Owner | Coastal Tides Llc | $60,000 | |
| Previous Owner | Ewaldsen Mary F | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2021 01/13/21 | Sold | $1,525,000 | -4.4% | $474 / Sq Ft |
| 10/13/2020 10/13/20 | For Sale | $1,595,500 | -- | $495 / 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 | $8,437 | $589,640 | $240,000 | $349,640 |
| 2023 | $8,437 | $608,040 | $240,000 | $368,040 |
| 2022 | $13,081 | $491,560 | $240,000 | $251,560 |
| 2021 | $12,526 | $389,240 | $288,000 | $101,240 |
| 2020 | $14,191 | $413,040 | $304,000 | $109,040 |
| 2019 | $14,190 | $413,040 | $304,000 | $109,040 |
| 2018 | $11,646 | $357,800 | $276,640 | $81,160 |
| 2017 | $11,646 | $361,440 | $276,640 | $84,800 |
| 2016 | $11,645 | $361,440 | $276,640 | $84,800 |
| 2015 | $15,703 | $361,440 | $276,640 | $84,800 |
| 2014 | $15,720 | $362,440 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Palmer
Seller's Agent in 2021
Brent Palmer
Waterline Real Estate Group
(912) 272-8489
113 in this area
149 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 235990
APN: 4000404006
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