NOT LISTED FOR SALE

Estimated Value: $325,000 - $465,000

4 Beds
2 Baths
2,652 Sq Ft
$138/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 $2,237/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 Agent to Sell the Property

Dawn Phaneuf

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

Last Buyer's Agent

Shannan Hunt

Seabolt Real Estate License #348270

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
-0.74%
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
Source: Public Records

Similar Homes in Savannah, GA

  • 2532 Semken Ave, Savannah, GA 31404

    $315,000

    • 4 Beds
    • 2 Baths
    • 1,566 Sq Ft
    • 2532 Semken Ave
    • Savannah, GA

    Come see this well maintained income producing duplex and see how it can fit into your investment portfolio. Each unit is about 800 sqft and has 2 bedrooms and 1 bathroom. New paint inside and out, roof is just a few years old, LVP throughout both units! Whether you are looking for an investment property or a house hack, this property is for you. Conveniently located just 10 minutes from

    Wynn Martin Eighteen O'Two Realty LLC

    Section Image
  • 518 W 38th St, Savannah, GA 31415

    $425,000

    • 4 Beds
    • 2 Baths
    • 1,876 Sq Ft
    • 518 W 38th St
    • Savannah, GA

    Investor Special! Discover the income-producing potential of this charming duplex located at 518 West 38th Street in the heart of Savannah, GA. Fully rented with strong tenant history, this property offers immediate cash flow and long-term investment value. Each unit features classic Southern character and solid rental appeal. Just minutes from downtown, SCAD, and local amenities. Don’t miss this

    Richard Mopper Engel & Volkers

    Section Image
  • 519 W 39th St, Savannah, GA 31415

    $285,000

    • 6 Beds
    • 2 Baths
    • 3,325 Sq Ft
    • 519 W 39th St
    • Savannah, GA

    Spacious duplex near downtown and public transportation. Upstairs rented month-to-month. Downstairs unit is vacant and on lockbox. Property needs restoration and can be a great investment opportunity.

    Deloris Lovette Doris Thomas Realty, Inc

    Section Image
  • 819 W 51st St, Savannah, GA 31405

    $339,900

    • 4 Beds
    • 2.5 Baths
    • 2,080 Sq Ft
    • 819 W 51st St
    • Savannah, GA

    Charming single-level duplex in Cann Park, Savannah, GA! Conveniently located near Historic Downtown Savannah, SCAD, I-16, shopping, and dining.The main unit features 3 bedrooms, 1.5 baths, hardwood floors, a refreshed kitchen, updated bathrooms, and fresh paint. Enjoy a spacious backyard, off-street parking, a new metal roof, and enhanced curb appeal. Ideal as a starter home or investment—live

    Travis Sawyer Brand Name Real Estate, Inc

    Section Image
  • 726 E 40th St, Savannah, GA 31401

    $459,000

    • 4 Beds
    • 2 Baths
    • 3,000 Sq Ft
    • 726 E 40th St
    • Savannah, GA

    NESTLED IN THE HEART OF MIDTOWN, JUST MINUTES FROM THE VIBRANT DOWNTOWN SCENE, THIS HISTORIC 1920'S ALL BRICK SPACIOUS DUPLEX OFFERS THE PERFECT BLEND OF CHARM, CONVENIENCE, AND FUNCTIONALITY. EACH UNIT FEATURES 2 SPACIOUS BEDROOMS, 1 BATHROOM, AND WELL-DEFINED LIVING SPACES,INCLUDING A SEPARATE FAMILY ROOM, DINING ROOM, AND A KITCHEN WITH A BREAKFAST BAR. THE ORIGINAL HARDWOOD FLOORS ADD WARMTH

    Sabriya Scott Scott Realty Professionals

    Section Image
  • 1020 Maupas Ave, Savannah, GA 31401

    $449,900

    • 2 Beds
    • 2 Baths
    • 1,526 Sq Ft
    • 1020 Maupas Ave
    • Savannah, GA

    This fantastic brick duplex features 1 BR 1 B on each side and both have a private driveway, single garage and small backyard! 1020 has a side entry porch and 1022's porch is screened! The vibrant Live Oak neighborhood is booming! Waters Cafe is just steps away, art studio and more! Both units currently are rented! Great opportunity to own a brick duplex in this great neighborhood!

    Maureen O'Connor Simmons Re/Max Savannah

    Section Image
  • 22 Culver St, Savannah, GA 31404

    $340,000

    • 2 Beds
    • 1 Bath
    • 1,908 Sq Ft
    • 22 Culver St
    • Savannah, GA

    Great investment opportunity near downtown! Renovated duplex with 2 beds/1 bath side by side. Each unit has new luxury vinyl flooring and updated large eat-in kitchen with newer appliances. Interiors have been recently painted and new plumbing has been added under each unit. Each unit also has it's own fenced backyard! One unit is available for showing, but arrangements can be made to show

    Cindy Ogletree eXp Realty LLC

    Section Image
  • 1514 Augusta Ave, Savannah, GA 31415

    $345,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 1514 Augusta Ave
    • Savannah, GA

    This completely renovated duplex for sale includes a concrete dedicated parking lot in the rear of the building. Downstairs unit has side and front entries, and upstairs unit 1514 1/2 has front and rear entries. Each unit includes two rear tandem parking spots, a front porch, two beds, one bath, a kitchen, living/dining, laundry areas, stainless appliances including refrigerator, and newer HVAC

    Melanie Kramer Keller Williams Coastal Area P

    Section Image
  • 1131 E 70th St, Savannah, GA 31404

    $430,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 1131 E 70th St
    • Savannah, GA

    **Exceptional Multi-Family Opportunity in the Heart of Savannah. This unique gem consists of two meticulously updated single-family homes, each boasting 2 spacious bedrooms and a one bathroom and property is being sold partially furnished. As you enter, you'll be greeted by the seamless flow of LVP flooring that guides you through open-concept living spaces. The modern kitchens feature sleek

    Samuel Bates Keller Williams Coastal Area P

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $685 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 236695

Savannah Multi-List Corporation

APN: 2006523013