NOT LISTED FOR SALE

224 Houston St Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $3,978,000 - $5,528,000

15 Beds
15 Baths
9,954 Sq Ft
$505/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $5,250,000 $527 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $27,450/month

268 Days on Market

Highlights

  • 5,401 Sq Ft lot
  • No HOA
  • 3-minute walk to Greene Square
  • Savannah Arts Academy Rated A+
  • Central Heating and Cooling System

About This Home

As of April 2025

Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

Last Agent to Sell the Property

Taavo Roos

Seabolt Real Estate License #382783 Listed on: 07/16/2024

Last Buyer's Agent

Ridley Stallings

AHR Commercial License #370720

AHR Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,669

Year Built

  • Built in 1935

Lot Details

  • 5,401 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,954 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 2001407003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,669

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1935
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Property Attached Yn: No
  • Tax Year: 2023
  • Master Plan Zoning: RIPA
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 15
  • Total Bedrooms: 15
  • Stories: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Acres: 0.124
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 0.124
  • Lot Size Sq Ft: 5401.0
  • Parcel Number: 2001407003
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Apr 11, 2025
Sold by
Lutra Savannah 2 Llc
Bought by
224 Houston Llc
Seller's Agent
Taavo Roos
Seabolt Real Estate
Buyer's Agent
Ridley Stallings
AHR Commercial
List Price
$6,950,000
Sold Price
$5,250,000
Premium/Discount to List
-$1,700,000
-24.46%
Views
162
Current Estimated Value
$5,029,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,323
Avg. Annual Appreciation
-6.68%
Original Mortgage
$3,212,500
Outstanding Balance
$1,364,478
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$3,665,199

Purchase Details

Listed on
Dec 10, 2017
Closed on
Mar 15, 2018
Sold by
Miller Paul M
Bought by
Lutra Savannah 2 Llc
Seller's Agent
Pamela Peterson
Seabolt Real Estate
Buyer's Agent
Chelsea Phillips
Six Bricks LLC
List Price
$1,995,000
Sold Price
$1,906,000
Premium/Discount to List
-$89,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$1,825,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2016
Sold by
Miller Paul M
Bought by
224 Houston St Llc

Purchase Details

Closed on
Sep 13, 2011
Sold by
Speed Dorothy Davis
Bought by
Miller Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Not Provided
Bought by
Miller Paul M and Slemmer Shea A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
224 Houston Llc $5,250,000 --
Lutra Savannah 2 Llc $1,906,000 --
224 Houston St Llc -- --
Miller Paul M $230,000 --
Miller Paul M $230,000 --
Miller Paul M $230,000 --
Miller Paul M $230,000 --
Miller Paul M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 224 Houston Llc $3,212,500
Previous Owner Lutra Savannah 2 Llc $1,825,000
Previous Owner Miller Paul M $230,000
Previous Owner Miller Paul M $8,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $5,250,000 -11.8% $527 / Sq Ft
11/08/2024 11/08/24 Price Changed $5,950,000 -14.4% $598 / Sq Ft
07/16/2024 07/16/24 For Sale $6,950,000 +264.6% $698 / Sq Ft
03/15/2018 03/15/18 Sold $1,906,000 -4.5% $191 / Sq Ft View Prior Sale
12/10/2017 12/10/17 For Sale $1,995,000 -- $200 / 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 $10,669 $473,400 $75,160 $398,240
2024 $10,669 $369,080 $75,160 $293,920
2023 $10,779 $369,080 $75,160 $293,920
2022 $3,827 $369,080 $75,160 $293,920
2021 $13,642 $314,360 $75,160 $239,200
2020 $24,073 $310,240 $75,160 $235,080
2019 $30,430 $805,760 $72,560 $733,200
2018 $10,428 $707,000 $72,560 $634,440
2017 $6,887 $182,800 $72,560 $110,240
2016 $4,605 $165,520 $72,560 $92,960
2015 $6,602 $162,880 $73,440 $89,440
2014 $8,640 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Taavo Roos

    Seller's Agent in 2025

    Taavo Roos

    Seabolt Real Estate

    (912) 429-6729

    75 in this area

    234 Total Sales

    Taavo Roos
    Section Image

  • R

    Buyer's Agent in 2025

    Ridley Stallings

    AHR Commercial

    Section Image
  • Melissa Rowan

    Buyer Co-Listing Agent in 2025

    Melissa Rowan

    Engel & Volkers

    (912) 398-5510

    14 in this area

    48 Total Sales

    Melissa Rowan
    Section Image
  • Pamela Peterson

    Seller's Agent in 2018

    Pamela Peterson

    Seabolt Real Estate

    (912) 401-2264

    15 in this area

    109 Total Sales

    Pamela Peterson
    Section Image
  • Lori Judge

    Seller Co-Listing Agent in 2018

    Lori Judge

    Judge Realty, LLC

    (912) 314-4540

    6 in this area

    24 Total Sales

    Lori Judge
    Section Image
  • Chelsea Phillips

    Buyer's Agent in 2018

    Chelsea Phillips

    Six Bricks LLC

    (912) 332-0465

    38 in this area

    438 Total Sales

    Chelsea Phillips
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 314575

Savannah Multi-List Corporation

APN: 2001407003

Georgia Chatham County Savannah 31401 Historic Savannah

224 Houston St, Savannah, GA

Not Listed for Sale

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