NOT LISTED FOR SALE

208 W Lower Factors Walk Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $902,000 - $1,162,000

1 Bed
2 Baths
1,232 Sq Ft
$300/mo HOA Fee

Last Sold July 01, 2022

Last sale price $906,455 $736 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,173/month

8 Days on Market

Highlights

  • River Front
  • European Architecture
  • Breakfast Bar
  • Primary Bedroom Suite
  • Balcony
  • 3-minute walk to Ellis Square

About This Home

As of July 2022

RIVER STREET CONDO! Incredible opportunity to purchase a luxury condo overlooking the Savannah River and Historic River Street with a history of very successful rental income. Located on the 2nd floor of the historic Lowden Building on River Street. Enter the loft via Lower Factors Walk and step into a stunning, unique Savannah condo with exposed brick walls and wooden beamed ceiling. The spacious open concept living space features a well equipped kitchen with large flowing rooms. Private bedroom with ensuite bathroom with slate walk in shower. Custom murphy bed. Full guest hall bath, full laundry. The balcony overlooking River Street and Plant Riverside is ideal for watching the ships on the River! Currently operating as a very successful vacation rental with STVR permit in place. Over 250 5 star reviews! Annual income well over $65k with room to grow rates/revenue. Condo is sold fully furnished.

Last Agent to Sell the Property

Jessica Kelly

Engel & Volkers License #270287 Listed on: 05/20/2022

Engel & Volkers

Last Buyer's Agent

Dolores Montoya

Realty One Group Inclusion License #373284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,445

Year Built

  • Built in 1909 | Remodeled

Lot Details

  • River Front
  • Two or More Common Walls

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • European Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Single Vanity
  • Separate Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • City Lot

Community Details

  • Lowden Place Association

Listing and Financial Details

  • Assessor Parcel Number 2000309030

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,445

Year Built

Built in 1909 | Remodeled

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Construction: Brick, Stone/Frame, Stucco-Hard Coat
  • Current Zoning: D-W
  • Flood Insurance: Unknown
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Washer
  • Legal Description: UNIT 1B LOWDEN PLACE BUILDING D 2ND FLOOR CPB 1-110
  • Legal Subdivision: Paxtons Penthouse
  • List Price Per Sq Ft: 714.20
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface: Cobblestone
  • Style: European, Loft
  • Year Built: 1909
  • Zoning Description: Single Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Furnished, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 1
  • Common Walls: 3 Commonwalls
  • Interior: Recessed Lights
  • Kitchen / Breakfast: Breakfast Bar, Island
  • Laundry: Dryer Connection, Hall, Washer Connection
  • Primary Bathroom Features: Separate Shower, Single Vanity
  • Master Bedroom Description: Master Suite
  • Total Sq Ft: 1232
  • Unit Floor: 2

Exterior Features

  • Exterior House: Balcony
  • Foundation: Slab
  • Nameof Waterway: Savannah River
  • Roof: Asphalt, Composition, Rolled Rubber
  • Structure: Renovated, Restored, Updated
  • Water Frontage Type: River
  • Waterfront: Yes

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cable: Cable Ready
  • Cooling Type: Wall Unit
  • Gas: Natural Gas
  • Heating Type: Wall Unit
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Lowden Place
  • Association: Yes

Lot Info

  • Exterior Lot: Alley
  • List Price Per Acre: 879900000.00
  • Lot Description: City
  • Lot Dimension: Condo
  • Lot Size Sq Ft: 44
  • Num Acres: 0.0010
  • Number Of Lots: 1
  • Parcel Number: 2000309030
  • Property Attached: Yes
  • Property Description: Condominium Conversion

Rental Info

  • Rental Info: Entire House

Tax Info

  • Annual Tax: 4445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 1, 2022
Sold by
Creeden Michael J
Bought by
208 Factor Llc
Seller's Agent
Jessica Kelly
Engel & Volkers
Buyer's Agent
Dolores Montoya
Realty One Group Inclusion
List Price
$879,900
Sold Price
$906,455
Premium/Discount to List
$26,555
3.02%
Current Estimated Value
$988,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,533
Avg. Annual Appreciation
2.71%
Original Mortgage
$647,200
Outstanding Balance
$617,868
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$371,120

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bradshaw Teresa C
Bought by
Bradshaw/Savannah Llc

Purchase Details

Closed on
Feb 5, 2009
Bought by
Bradshaw Savannah
Source: Public Records

Range of Values:

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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
208 Factor Llc -- --
Creeden Michael J $906,455 --
Bradshaw/Savannah Llc -- --
Bradshaw Savannah -- --
Bradshaw Savannah $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 208 Factor Llc $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $906,455 +3.0% $736 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $879,900 -- $714 / 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
2025 $19,560 $280,000 $56,680 $223,320
2024 $19,560 $448,000 $56,680 $391,320
2023 $12,618 $336,600 $56,680 $279,920
2022 $4,445 $190,880 $39,440 $151,440
2021 $4,356 $144,200 $29,560 $114,640
2020 $4,553 $144,200 $29,560 $114,640
2019 $6,407 $144,200 $29,560 $114,640
2018 $8,287 $142,680 $29,560 $113,120
2017 $4,974 $127,520 $29,560 $97,960
2016 $3,363 $115,280 $0 $115,280
Source: Public Records

Agents Affiliated with this Home

  • Jessica Kelly

    Seller's Agent in 2022

    Jessica Kelly

    Engel & Volkers

    (912) 441-9101

    53 in this area

    215 Total Sales

    Jessica Kelly
    Section Image
  • Dolores Montoya

    Buyer's Agent in 2022

    Dolores Montoya

    Realty One Group Inclusion

    (912) 655-3844

    3 in this area

    60 Total Sales

    Dolores Montoya
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 269043

Savannah Multi-List Corporation

APN: 2000309030

Georgia Chatham County Savannah 31401 Historic Savannah

208 W Lower Factors Walk, Savannah, GA

This home is located at 208 W Lower Factors Walk, Savannah, GA 31401 since 20 May 2022 and is currently estimated at $988,988, approximately $802 per square foot. This property was built in 1909. 208 W Lower Factors Walk is a home located in Chatham County with nearby schools including Otis J. Brock Elementary School, Mercer Middle School, and Groves High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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