NOT LISTED FOR SALE

226 W 38th St Savannah, GA 31401

Metropolitan Neighborhood

Estimated Value: $312,000 - $472,000

4 Beds
2 Baths
2,652 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $375,000 $141 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,231/month

84 Days on Market

Highlights

  • Colonial Architecture
  • Front Porch
  • 2-minute walk to Wells Park
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of January 2021

Unique opportunity to buy a fabulous building that is already tenant occupied. Close to everything happening on Bull St and in the Starland District. Each unit is a 2 bedroom/1 bath unit. Original hardwood floors, large kitchens and separate dining rooms. The upstairs unit boasts a tiffany style chandelier with a tin ceiling in the dining room and a clawfoot tub in the bathroom. Both units have great front porches over looking this "porch" neighborhood. These units are being offered separately at $220,000 each but you can purchase the entire building for $420,000!

Last Listed By

Dawn Phaneuf

TriCounty Real Estate LLC License #353724 Listed on: 10/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,313

Year Built

  • Built in 1922

Lot Details

  • 1,742 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,652 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for cable, electric, gas, sewer, telephone, trash, water
  • Assessor Parcel Number 2-0065-23-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,313

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Construction: Brick, Frame
  • Current Zoning: RIP
  • Home Warranty: Negotiable
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: UNIT 226 THE MARTHAN CONDOMINIUM
  • Legal Subdivision: Marthan
  • List Price Per Sq Ft: 158.37
  • Property Sub Type: Duplex
  • Property Type: Multifamily
  • Style: Colonial
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Common Walls: No Common Walls
  • Fireplace Features: Non-Working
  • Floors: Ceramic, Hardwood
  • Total Sq Ft: 2652

Exterior Features

  • Exterior House: Front Porch

Garage/Parking

  • Parking Description: Off Street, Side/Rear Entrace

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Schools

  • Elementary School: Hodge
  • Middle School: DeRenne
  • High School: Beach

Lot Info

  • Fencing: Vinyl (PVC)
  • List Price Per Acre: 10500000.00
  • Lot Size Sq Ft: 1742
  • Num Acres: 0.0400
  • Parcel Number: 2-0065-23-013
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cable, Electric, Gas, Sewer, Telephone, Trash, Water

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Marthan 38Th St Llc
Bought by
Odermatt Kenneth W and Waters Joshua E
Total Days on Market
84
Current Estimated Value
$365,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$253,029
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$109,961

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 19, 2021
Sold by
Odermatt Kenneth W
Bought by
Marthan 38Th St Llc
Seller's Agent
Dawn Phaneuf
TriCounty Real Estate LLC
Buyer's Agent
Shannan Hunt
Seabolt Real Estate
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%
Original Mortgage
$600,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Not Provided
Bought by
Theiss Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.52%
Mortgage Type
Commercial

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
Odermatt Kenneth W -- --
Marthan 38Th St Llc -- --
Odermatt Kenneth W $200,000 --
Theiss Charles $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odermatt Kenneth W $265,000
Previous Owner Odermatt Kenneth W $600,000
Previous Owner Theiss Charles E $139,100
Previous Owner Theiss Charles $130,000
Previous Owner Wessel David Wayne $175,000
Previous Owner Wessel David $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $375,000 -8.5% $141 / Sq Ft
10/27/2020 10/27/20 For Sale $410,000 -- $155 / 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 $2,313 $95,840 $15,200 $80,640
2023 $976 $100,360 $15,200 $85,160
2022 $1,731 $62,560 $15,200 $47,360
2021 $3,312 $56,160 $15,200 $40,960
2020 $1,718 $54,400 $15,200 $39,200
2019 $2,417 $54,400 $15,200 $39,200
2018 $2,141 $47,600 $15,200 $32,400
2017 $1,997 $48,080 $15,200 $32,880
2016 $1,397 $47,880 $15,200 $32,680
2015 $2,332 $55,920 $0 $55,920
2014 $3,137 $56,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Phaneuf

    Seller's Agent in 2021

    Dawn Phaneuf

    TriCounty Real Estate LLC

    (912) 398-2800

    1 in this area

    42 Total Sales

    Dawn Phaneuf
    Section Image
  • Shannan Hunt

    Buyer's Agent in 2021

    Shannan Hunt

    Seabolt Real Estate

    (912) 337-8560

    1 in this area

    51 Total Sales

    Shannan Hunt
    Section Image
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Source: Savannah Multi-List Corporation

MLS Number: 236695

Savannah Multi-List Corporation

APN: 2006523013

Georgia Chatham County Savannah 31401 Metropolitan

226 W 38th St, Savannah, GA

Homes for Sale in Savannah, GA

This home is located at 226 W 38th St, Savannah, GA 31401 since 27 October 2020 and is currently estimated at $362,990, approximately $136 per square foot. This property was built in 1922. 226 W 38th St is a home located in Chatham County with nearby schools including Hodge Elementary School, Derenne Middle School, and Beach High School.

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