NOT LISTED FOR SALE

205 W Gwinnett St Unit 3 Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $1,268,000 - $1,703,000

6 Beds
7 Baths
7,280 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $1,025,000 $141 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,139/month

287 Days on Market

Highlights

  • 0.25 Acre Lot
  • Wood Flooring
  • Fenced Yard
  • Deck
  • Victorian Architecture
  • 2-minute walk to Forsyth Park

About This Home

As of October 2018

Historic property. Reduced! Large beautiful home plus 2 large apts- 7280 sq.ft. c1875. main house - empeccabley restored by sellers. Enter thru double wood doors to gleaming wood floors, walk to the kitchen, & den. Could be executive rentals, B&B or/and your home w/ long term renters - good income. Handmade cabinets, center island, sub 0 frig, thermador cook top, large butler's pantry & more. 4 working gas fireplaces, 2 covered porches over look the fountain and garden. 3 sheds, root cellar could be wine cellar. A total of 5 off street parking spaces could be 7 , with 3 sheds, or room to build a carriage house & garage. The duplex next door consists of 2 apt. (3280 sq.ft total)4 beautiful covered porches, hi ceilings heartpine floors, working fireplaces, and courtyard with fountain. main house may be sold separetly 975,000. both apts and main house - 2 pins $1.3M. Rents could be increased. ( tenants renting for a long time)

Last Agent to Sell the Property

Rhondda Netherton

Scottonian Realty, Inc License #211215 Listed on: 12/12/2017

Last Buyer's Agent

Jenny Hearn

Re/Max Savannah License #293944

Re/Max Savannah

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1875 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Fenced Yard
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Property Attached
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 7,280 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Single Self-Cleaning Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • City Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable, electric, gas, telephone
  • Assessor Parcel Number 2-0044-09-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,413

Year Built

Built in 1875 | Remodeled

Lot Details

0

Listing Details

  • Construction: Brick/Siding
  • Current Zoning: RIP
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Washer
  • Legal Description: E 1/2 LT 31 LLOYD WD
  • List Price Per Sq Ft: 178.56
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Road Surface: Asphalt
  • Style: Victorian
  • Year Built: 1875
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop-Separate, Dishwasher, Disposal, Dryer, Electric, Fireplace, Gas, Hood Fan, Ice Maker MacHine, Microwave, Range, Range/Oven, Refrigerator, Self-Clean Oven, Single Oven, Washer
  • Attic: Pull Down
  • Basement: Entrance-Inside, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Common Walls: 1 Commonwalls
  • Fireplace Features: Gas, Non-Working
  • Floors: Carpet, Hardwood
  • Laundry: Laundry Room
  • Total Sq Ft: 7280

Exterior Features

  • Other Structures: Out Building, Shed, Storage Building
  • Exterior House: Balcony, Courtyard, Deck, Front Porch
  • Foundation: Brick
  • Roof: Asphalt
  • Structure: Restored, Updated

Garage/Parking

  • Num Parking Pad: 5
  • Parking Description: Off Street

Utilities

  • Cable: Cable Access, Cable In Street, Cable Ready
  • Cooling Type: Central
  • Electric: 220 Volt
  • Gas: Natural Gas
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 3
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Gas

Green Features

  • Energy Features: Extra Insulation

Lot Info

  • Exterior Lot: Alley, Fenced Yard, Garden Area, Lighting-Landscape
  • Fencing: Privacy
  • List Price Per Acre: 5199600.00
  • Lot Description: City
  • Lot Num: 31
  • Lot Size Sq Ft: 10890
  • Num Acres: 0.2500
  • Parcel Number: 2-0044-09-016
  • Property Attached: Yes
  • Property Description: House

Rental Info

  • Tenant Pays: Cable, Electric, Gas, Telephone

Tax Info

  • Annual Tax: 3413

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Oct 12, 2018
Sold by
Williams Bobbie Kay
Bought by
Burnsed Ashley A and Burnsed Meredith T
Seller's Agent
Rhondda Netherton
Scottonian Realty, Inc
Buyer's Agent
Jenny Hearn
Re/Max Savannah
List Price
$1,500,000
Sold Price
$1,025,000
Premium/Discount to List
-$475,000
-31.67%
Total Days on Market
287
Current Estimated Value
$1,466,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,575
Avg. Annual Appreciation
5.19%
Original Mortgage
$520,000
Outstanding Balance
$322,668
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,111,205
Source: Public Records

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Range of Values:

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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
Burnsed Ashley A $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnsed Ashley A $520,000
Closed -- $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $1,025,000 -21.1% $141 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $1,299,900 0.0% $179 / Sq Ft
03/04/2018 03/04/18 Price Changed $1,299,999 0.0% $179 / Sq Ft
03/02/2018 03/02/18 Price Changed $1,300,000 -13.3% $179 / Sq Ft
12/12/2017 12/12/17 For Sale $1,500,000 -- $206 / 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 $16,272 $472,600 $60,920 $411,680
2023 $4,675 $383,200 $51,040 $332,160
2022 $8,461 $330,760 $33,600 $297,160
2021 $12,360 $274,480 $21,320 $253,160
2020 $7,655 $242,440 $21,320 $221,120
2019 $10,772 $242,440 $21,320 $221,120
2018 $2,147 $177,040 $21,320 $155,720
2017 $1,915 $181,040 $21,320 $159,720
2016 $3,413 $158,520 $21,320 $137,200
2015 $1,896 $144,120 $21,320 $122,800
2014 $2,448 $145,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhondda Netherton

    Seller's Agent in 2018

    Rhondda Netherton

    Scottonian Realty, Inc

    (912) 507-9800

    2 in this area

    13 Total Sales

    Rhondda Netherton
    Section Image
  • Jenny Hearn

    Buyer's Agent in 2018

    Jenny Hearn

    RE/MAX

    (912) 658-1608

    68 Total Sales

    Jenny Hearn
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 183112

Savannah Multi-List Corporation

APN: 2004409016

Georgia Chatham County Savannah 31401 Historic Savannah

205 W Gwinnett St Unit 3, Savannah, GA

This home is located at 205 W Gwinnett St Unit 3, Savannah, GA 31401 since 12 December 2017 and is currently estimated at $1,466,575, approximately $201 per square foot. This property was built in 1875. 205 W Gwinnett St Unit 3 is a home located in Chatham County with nearby schools including Gadsden Elementary School, Derenne Middle School, and Beach High School.

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