NOT LISTED FOR SALE

Estimated Value: $947,000 - $2,162,000

2.07 Acres
$799,439 Price per Acre
90,169 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $600,000 $270 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $10,182/month

440 Days on Market

Highlights

  • Deep Water Access
  • Partially Wooded Lot
  • Level Lot
  • 2.07 Acre Lot

About This Lot

As of December 2018

Start envisioning your custom dream home right at water's edge, where you can take in breathtaking sunrises from your boat dock or back porch. This ready-to-build lot on Richardson Creek offers deep-water docking at all tide levels and convenient boat access to the Intracoastal Waterway (10 min. north) and Bull River (10 min. south). You'll love the ever-changing panorama of Oatland Island's marshlands, from its captivating wildlife to subtle shifts in light and color from morning to night and season to season. The lot comprises approximately 2.2 acres of land (100' wide by about 1000' deep) and is located just off the Island Expressway—a direct 10-minute route into historic downtown Savannah. Another 10-minute drive takes you to Island Towne Center shops, including Publix, Walmart, CVS, restaurants and retail. Tybee Beach is 15 minutes away. You really won't find a more desirable, conveniently located property whether you're heading out for a day on the water or a night on the town.

Last Agent to Sell the Property

Jim Walker

The Savannah Group License #342171 Listed on: 08/24/2017

Last Buyer's Agent

Michael O'Connor

Re/Max Savannah License #235343

Re/Max Savannah

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,530

Lot Details

  • 2.07 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot

Additional Features

  • Deep Water Access
  • City Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1-0126-02-003

Property Details

Property Type

Land

Est. Annual Taxes

$1,530

Lot Details

0

Listing Details

  • Current Zoning: R1
  • Flood Insurance: Yes
  • Legal Description: LOT 41 WHITMARSH ISLAND
  • Present Use: Residential
  • Property Sub Type: Land
  • Property Type: Lnd
  • Special Features: None

Exterior Features

  • Water Frontage Type: Deep Water

Utilities

  • Sewer: Septic Tank
  • Utilities At Property: Electricity, Natural Gas, Telephone
  • Utilities: Yes
  • Water: Public Water

Lot Info

  • List Price Per Acre: 361835.75
  • Lot Description: City, Level, Wooded
  • Lot Num: 41
  • Lot Size Sq Ft: 90169
  • Lot View: Creek, Deep Water, Marsh
  • Num Acres: 2.0700
  • Parcel Number: 1-0126-02-003
  • Property Description: Buildable Lot

Tax Info

  • Annual Tax: 1530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Dec 20, 2018
Sold by
West Joseph Louis Estate
Bought by
Harriott Carey Willis
Seller's Agent
Jim Walker
The Savannah Group
Buyer's Agent
Michael O'Connor
Re/Max Savannah
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%
Current Estimated Value
$1,654,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054,839
Avg. Annual Appreciation
15.45%
Original Mortgage
$450,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2017
Closed on
Dec 14, 2018
Sold by
West Mark C
Bought by
West Joseph Louis Estate and West Preston M Executor
Seller's Agent
Jim Walker
The Savannah Group
Buyer's Agent
Michael O'Connor
Re/Max Savannah
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2017
Closed on
Dec 13, 2018
Sold by
Schultz Marcia H
Bought by
West Joseph Louis Estate and West Preston M Executor
Seller's Agent
Jim Walker
The Savannah Group
Buyer's Agent
Michael O'Connor
Re/Max Savannah
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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
Harriott Carey Willis $600,000 --
West Joseph Louis Estate -- --
West Joseph Louis Estate -- --
West Joseph Louis Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harriott Carey Willis $1,120,000
Closed Harriott Carey Willis $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $600,000 -19.9% $270 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $749,000 -6.3% $337 / Sq Ft
08/24/2017 08/24/17 For Sale $799,000 -- $360 / 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 $13,982 $510,520 $239,600 $270,920
2023 $12,922 $518,400 $239,600 $278,800
2022 $13,980 $447,280 $239,600 $207,680
2021 $16,611 $392,400 $239,600 $152,800
2020 $8,742 $239,600 $239,600 $0
2019 $13,122 $239,600 $239,600 $0
2018 $5,363 $239,600 $239,600 $0
2017 $1,487 $269,240 $239,600 $29,640
2016 $1,530 $269,760 $239,600 $30,160
2015 $1,530 $270,480 $239,600 $30,880
2014 $2,290 $270,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 177230

Savannah Multi-List Corporation

APN: 1012602003