R
Seller's Agent in 2020
Robert Erb Jr.
Brand Name Real Estate, Inc
2 Railwood Ave Tybee Island, GA 31328
Estimated Value: $1,238,000 - $1,352,734
6
Beds
5.5
Baths
3,266
Sq Ft
$400/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Ocean Front
- 0.37 Acre Lot
- Howard Elementary School Rated A-
- Primary Bedroom Suite
- Deck
About This Home
As of February 2020Located on some of the highest ground on Tybee Island, GA, this expansive lot ensures no one can build in front of you, preserving the amazing ocean views. This 6 bed, 5.5 bath home is a short term vacation rental and produces a very generous income. The unique layout allows essentially makes it two units. The owners have their own entrance and can have privacy while still generating income. Recently updated, including crisp paint inside and out, plus a LIFETIME metal roof, you can rest assured this home will be low-maintenance for years to come. Every room has its own bath and own porch with stunning ocean views on every level! Sold fully furnished with vacation rental bookings that can transfer, you can begin enjoying positive cash flow and beachfront living right away! Opportunities such as this are rare-- so call your agent and make an appointment today!
Last Agent to Sell the Property
Robert Erb Jr.
Brand Name Real Estate, Inc License #148263 Listed on: 07/11/2019
Co-Listed By
Brian Parker
Brand Name Real Estate, Inc License #367019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,101
Year Built
- Built in 1911 | Remodeled
Lot Details
- 0.37 Acre Lot
- Ocean Front
- Privacy Fence
- Vinyl Fence
- Well Sprinkler System
Home Design
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Metal Roof
Interior Spaces
- 3,266 Sq Ft Home
- 3-Story Property
- Rear Stairs
- Recessed Lighting
- Great Room with Fireplace
- Screened Porch
- Scuttle Attic Hole
- Storm Windows
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- 5 Carport Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Heat Pump System
- 220 Volts
- Electric Water Heater
- Cable TV Available
Community Details
- Community Beach Access
- Jogging Path
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 4-0002-20-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2019
Closed on
Feb 20, 2020
Sold by
Welch Bobby L
Bought by
Harmony Three Llc
Seller's Agent
Robert Erb Jr.
Brand Name Real Estate, Inc
Buyer's Agent
Barbara Zinn
Sun Coast Realty, LLC
List Price
$899,900
Sold Price
$707,600
Premium/Discount to List
-$192,300
-21.37%
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
$598,584
Avg. Annual Appreciation
11.52%
Purchase Details
Closed on
Apr 29, 2019
Sold by
Davis Phillip
Bought by
Welch Bobby L and Welch Annette T
Purchase Details
Closed on
May 6, 2016
Sold by
Welch Bobby L
Bought by
Davis Phillip and Davis Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,000
Interest Rate
2.86%
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 |
|---|---|---|---|
| Harmony Three Llc | $707,600 | -- | |
| Welch Bobby L | -- | -- | |
| Davis Phillip | $888,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Davis Phillip | $863,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2020 02/20/20 | Sold | $707,600 | -5.5% | $217 / Sq Ft |
| 02/05/2020 02/05/20 | Price Changed | $749,000 | -6.4% | $229 / Sq Ft |
| 12/08/2019 12/08/19 | Price Changed | $799,899 | 0.0% | $245 / Sq Ft |
| 09/01/2019 09/01/19 | Price Changed | $799,900 | -11.1% | $245 / Sq Ft |
| 07/11/2019 07/11/19 | For Sale | $899,900 | -- | $276 / 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 |
|---|---|---|---|---|
| 2025 | $29,101 | $463,480 | $160,000 | $303,480 |
| 2024 | $29,101 | $461,320 | $160,000 | $301,320 |
| 2023 | $15,212 | $480,000 | $160,000 | $320,000 |
| 2022 | $9,512 | $400,360 | $140,000 | $260,360 |
| 2021 | $7,259 | $283,040 | $166,760 | $116,280 |
| 2020 | $14,018 | $408,000 | $260,640 | $147,360 |
| 2019 | $14,017 | $408,000 | $260,640 | $147,360 |
| 2018 | $15,915 | $402,400 | $260,640 | $141,760 |
| 2017 | $6,970 | $355,200 | $228,038 | $127,162 |
| 2016 | $6,969 | $216,320 | $57,680 | $158,640 |
| 2015 | $6,035 | $187,040 | $57,800 | $129,240 |
| 2014 | $7,811 | $163,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2020
Brian Parker
Brand Name Real Estate, Inc
-
Barbara Zinn
B
Buyer's Agent in 2020
Barbara Zinn
Sun Coast Realty, LLC
(912) 596-5059
6 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 209703
APN: 4000220002
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Information is deemed reliable but not guaranteed.
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