NOT LISTED FOR SALE

2 Lighthouse Ln Tybee Island, GA 31328

Estimated Value: $513,000 - $586,000

2 Beds
1 Bath
864 Sq Ft
$629/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $497,500 $576 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,583/month

280 Days on Market

Highlights

  • Beach
  • No HOA
  • Subterranean Parking
  • Howard Elementary School Rated A-
  • Balcony
  • Wrap Around Porch

About This Home

As of March 2024

NEW UPGRADES TO INCLUDE: KITCHEN: REPLACED BUTCHER BLOCK COUNTER TOPS, SINK AND NEW RANGE, BATHROOM: REPLACED TOILET AND LIGHT FIXTURE, PAINTED INSIDE HOUSE TO INCLUDE CLOSETS, REPLACED 3 CEILING FANS, CAULKING BASEBOARDS, NEW ELECTRICAL OUTLETS, DECK PAINTED AND PRESSURE WASHED AND MORE**STVR permit- New Owner can apply for a new permit in their name upon Property Purchase**
Awesome opportunity to live on Tybee Island!! This 2 bedroom, 1 bath cottage is tucked away on Tybee Island's North end and is situated on a double lot with so many possibilities, for example to add on, build a small pool or whatever your heart desires. Plenty of space underneath for parking, golf cart or even a play area or ping pong. No HOA. Within walking/ biking distance to the Tybee Light House, Tybee Post Theatre and local favorites such as Huc-A-Poos, North Beach Grill, shopping, pier and so much more.. Sit Back and Relax as you are on Tybee time!!

Last Agent to Sell the Property

CINDY KNIGHT

Rawls Realty License #203725 Listed on: 06/09/2023

Rawls Realty

Last Buyer's Agent

CINDY KNIGHT

Rawls Realty License #203725 Listed on: 06/09/2023

Rawls Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1991

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Bungalow
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Dryer Hookup

Parking

  • 2 Carport Spaces
  • Subterranean Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

  • May Howard Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

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

Listing and Financial Details

  • Tax Lot 312
  • Assessor Parcel Number 4002005014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1991

Lot Details

0

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1991
  • Lease Assignable: No
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup, In Kitchen, Laundry Room
  • Road Surface Type: Gravel
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Reso Interior Features: Ceiling Fan(s), Main Level Primary, Tub Shower
  • Property Attached Yn: No
  • Tax Year: 2022
  • Master Plan Zoning: R3
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Acres: 0.17
  • Waterfront Features: Beach Access
  • Disclosures: Licensed Vacation Rental
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Wrap Around

Garage/Parking

  • Parking Features: Underground

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach, Street Lights

Schools

  • Middle Or Junior School: Coastal

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel Number: 4002005014
  • Lot Dimensions: 78x90
  • ResoLotSizeUnits: Acres
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3927.0
  • Tax Lot: 312

MLS Schools

  • Elementary School: May Howard
  • HighSchool: Islands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Mar 15, 2024
Sold by
Gravitt Barry S
Bought by
Woolf Jason Ryan and Woolf Melisa Ann
Seller's Agent
CINDY KNIGHT
Rawls Realty
Buyer's Agent
CINDY KNIGHT
Rawls Realty
List Price
$600,000
Sold Price
$497,500
Premium/Discount to List
-$102,500
-17.08%
Views
1530
Current Estimated Value
$543,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,655
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Feb 5, 2008
Sold by
Not Provided
Bought by
Gravitt Barry S and Gravitt Janice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
5.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Woolf Jason Ryan $497,500 --
Gravitt Barry S $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gravitt Janice T $270,000
Previous Owner Gravitt Barry S $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $497,500 -3.4% $576 / Sq Ft
12/12/2023 12/12/23 Price Changed $515,000 -1.9% $596 / Sq Ft
10/19/2023 10/19/23 Price Changed $525,000 -0.1% $608 / Sq Ft
10/04/2023 10/04/23 Price Changed $525,500 +0.1% $608 / Sq Ft
08/23/2023 08/23/23 Price Changed $525,000 -4.5% $608 / Sq Ft
07/28/2023 07/28/23 Price Changed $550,000 -4.3% $637 / Sq Ft
07/10/2023 07/10/23 Price Changed $574,900 -4.2% $665 / Sq Ft
06/09/2023 06/09/23 For Sale $600,000 -- $694 / 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 $6,992 $215,200 $157,520 $57,680
2023 $6,584 $207,760 $157,520 $50,240
2022 $3,927 $170,320 $115,520 $54,800
2021 $2,317 $116,840 $52,680 $64,160
2020 $3,573 $104,000 $52,680 $51,320
2019 $3,573 $104,000 $52,680 $51,320
2018 $3,530 $102,760 $52,680 $50,080
2017 $3,326 $103,240 $52,680 $50,560
2016 $3,304 $102,560 $52,680 $49,880
2015 $2,858 $88,560 $53,240 $35,320
2014 $4,013 $84,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 289295

Savannah Multi-List Corporation

APN: 4002005014