NOT LISTED FOR SALE

2 8th Ln Tybee Island, GA 31328

Estimated Value: $1,198,000 - $1,428,911

0.51 Acre
$2,620,204 Price per Acre
22,216 Sq Ft Lot

Last Sold March 16, 2020

Last sale price $900,000

Est. 48% increase in value since last sale

Current estimated payment $8,343/month

415 Days on Market

Highlights

  • Waterfront
  • Howard Elementary School Rated A-
  • 0.51 Acre Lot

About This Lot

As of March 2020

Extremely rare opportunity to own a half acre Ocean Front lot on Tybee Island! Renovate the current structure or build your dream Ocean front home. Spacious double lot has potential for subdividing and building more than one home on property. The possibilities are endless so do Not miss out on this one !!

Last Listed By

Ben Bluemle

Seaport Real Estate Group License #339518 Listed on: 01/25/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,083

Year Built

  • Built in 1990

Lot Details

  • 0.51 Acre Lot
  • Waterfront

Interior Spaces

  • 1.5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 4-0006-03-010

Property Details

Property Type

Land

Est. Annual Taxes

$6,083

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Current Zoning: R2
  • Flood Insurance: Yes
  • Legal Description: EAST PART OF BEACH LOT 53 WD 2 T YBEE 80 X 360.1 IRR
  • Present Use: Residential
  • Property Sub Type: Land
  • Property Type: Lnd
  • Year Built: 1990
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • List Price Per Acre: 2254901.96
  • Lot Num: 53
  • Lot Size Sq Ft: 22216
  • Lot View: Ocean
  • Num Acres: 0.5100
  • Parcel Number: 4-0006-03-010
  • Property Description: Buildable Lot

Tax Info

  • Annual Tax: 6083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Mar 17, 2020
Sold by
809 8Th Lane Llc
Bought by
Tybee Lane Llc
Seller's Agent
Ben Bluemle
Seaport Real Estate Group
Buyer's Agent
Nonmls Sale
NON MLS MEMBER
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Total Days on Market
415
Current Estimated Value
$1,336,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,304
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Dec 30, 2012
Sold by
809 8Th Lane Llc
Bought by
Skinner Michael W and Childrens Martin E Trust

Purchase Details

Closed on
Dec 28, 2012
Sold by
Skinner Michael W
Bought by
809 8Th Lane Llc and Q42 4818 Llc Etal

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
Tybee Lane Llc $900,000 --
Skinner Michael W -- --
809 8Th Lane Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $900,000 -21.7% --
02/29/2020 02/29/20 For Sale $1,150,000 +27.8% --
02/28/2020 02/28/20 Off Market $900,000 -- --
02/08/2020 02/08/20 For Sale $1,150,000 +27.8% --
02/07/2020 02/07/20 Off Market $900,000 -- --
01/28/2020 01/28/20 For Sale $1,150,000 +27.8% --
01/27/2020 01/27/20 Off Market $900,000 -- --
11/13/2019 11/13/19 Price Changed $1,150,000 -11.5% --
04/03/2019 04/03/19 Price Changed $1,300,000 -7.1% --
01/25/2019 01/25/19 For Sale $1,400,000 -- --
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 $10,784 $343,680 $336,000 $7,680
2023 $10,897 $343,840 $336,000 $7,840
2022 $12,099 $341,560 $336,000 $5,560
2021 $7,076 $360,000 $320,040 $39,960
2020 $22,144 $644,520 $573,040 $71,480
2019 $33,214 $807,800 $721,840 $85,960
2018 $23,899 $644,520 $573,040 $71,480
2017 $27,031 $644,520 $573,040 $71,480
2016 $17,650 $644,520 $573,040 $71,480
2015 $31,240 $645,880 $573,040 $72,840
2014 $31,079 $651,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Bluemle

    Seller's Agent in 2020

    Ben Bluemle

    Seaport Real Estate Group

    (912) 202-2042

    9 in this area

    263 Total Sales

    Ben Bluemle
    Section Image

  • N

    Buyer's Agent in 2020

    Nonmls Sale

    NON MLS MEMBER

    (912) 354-1513

    32 in this area

    3,767 Total Sales

    Nonmls Sale
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 201567

Savannah Multi-List Corporation

APN: 4000603010

Georgia Chatham County Tybee Island 31328

2 8th Ln, Tybee Island, GA

Homes for Sale in Tybee Island, GA

This home is located at 2 8th Ln, Tybee Island, GA 31328 since 25 January 2019 and is currently estimated at $1,336,304. This property was built in 1990. 2 8th Ln is a home located in Chatham County with nearby schools including Howard Elementary School, Coastal Middle School, and Islands High School.

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