$575,000
SOLD JAN 17, 2020
5 Beds
2 Baths
3,932 Sq Ft
1.77 Acres

Recently Sold

$146 Per Sq Ft

48 Days on Market

About This Home

As of January 2020

RARE development opportunity on high traffic area of Victory Drive. Huge 1.77 acre lot with incredible visibility. Currently zoned RMF-2-20 as a multi-family property, but buyer can apply for a BC zone change. Lot currently includes an impressive 2-story brick home with finished basement and 1,000 sqft stucco home originally used for entertaining.

Last Agent to Sell the Property

Patrick Rossiter

Seaport Real Estate Group License #384228 Listed on: 10/28/2019

Last Buyer's Agent

Victoria Turner

Engel & Volkers License #269905

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1938

Lot Details

  • 1.77 Acre Lot
  • Chain Link Fence

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,932 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2-0081-07-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,723

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Construction: Brick
  • Legal Description: PT LOTS 1 + 2 RESUB 20 MURPHEY WD BK50 PG508 1.77AC
  • List Price Per Sq Ft: 146.24
  • Present Use: Vacant
  • Property Sub Type: Multi Family
  • Property Type: Com
  • Road Surface: Asphalt, Paved
  • Transaction Type: Sale
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 3932

Garage/Parking

  • Num Garage Units: 2
  • Num Parking Spaces: 3

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Gas

Lot Info

  • Fencing: Chain Link
  • Improvements: Curbs, Fencing, Sidewalk, Underground Utilities
  • List Price Per Acre: 324858.76
  • Lot Size Sq Ft: 77101
  • Num Acres: 1.7700
  • Parcel Number: 2-0081-07-003

Tax Info

  • Annual Tax: 3723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
2180 East Victory Llc
Bought by
Cmf Ascend Midtown 2 Llc and C/O Carter Multifamily Properties Llc
Current Estimated Value
$1,036,000

Purchase Details

Listed on
Aug 1, 2015
Closed on
Sep 22, 2016
Sold by
Ronald C
Bought by
2180 East Victory Llc
Seller's Agent
Deborah Vacciana
TriCounty Real Estate LLC
Buyer's Agent
Deborah Vacciana
TriCounty Real Estate LLC
List Price
$825,000
Sold Price
$715,000
Premium/Discount to List
-$110,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Jan 22, 2014
Sold by
Toomer Janie R
Bought by
Norman Ronald
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 Type Sale Price Title Company
Warranty Deed $200,000 --
Warranty Deed $715,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $2,500,000 New Conventional
Closed $287,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $575,000 0.0% $146 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $575,000 -19.6% $146 / Sq Ft
09/22/2016 09/22/16 Sold $715,000 -13.3% $244 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
08/01/2015 08/01/15 For Sale $825,000 -- $281 / 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 $7,328 $253,520 $80,400 $173,120
2023 $2,237 $291,360 $80,400 $210,960
2022 $4,723 $153,200 $16,160 $137,040
2021 $8,485 $153,200 $16,160 $137,040
2020 $4,837 $0 $0 $0
2019 $6,807 $860 $0 $0
2018 $6,061 $134,280 $16,160 $118,120
2017 $2,080 $126,960 $16,160 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 215410

Savannah Multi-List Corporation

APN: 200810700301