$176,000
SOLD OCT 28, 2020
1 Bed
1 Bath
505 Sq Ft
$175/mo HOA Fee

Recently Sold

$349 Per Sq Ft

22% Below List Price

223 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Bathtub with Shower
  • Savannah Arts Academy Rated A+
  • Corner Lot
  • 1-minute walk to Lake Mayer Park Office

About This Home

As of April 2024

Perfect Pied-a-Terre in the heart of Savannah. Walking distance to everything: coffee shops, restaurants, Savannah Squares. First floor 1 BD/1 BA unit in a 1919 iconic brick building with 2 elevators, a library, and a secure entrance. HOA covers cable, internet, water, heat, trash, fire protection, sprinkler system, and common area maintenance. Building is City-approved for STVR, but need Association approval before City will sign off.

Last Agent to Sell the Property

Fran Belloir

Engel & Volkers License #253756 Listed on: 03/19/2020

Engel & Volkers

Last Buyer's Agent

Shannee Theus

Corcoran Austin Hill Realty License #390473

Corcoran Austin Hill Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $832

Year Built

  • Built in 1919

Lot Details

  • 1 Common Wall
  • Level Lot

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Stone

Interior Spaces

  • 505 Sq Ft Home
  • Laundry in Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub with Shower

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Derenne Plaza Owners Association, Phone Number (912) 234-7205
  • 8-Story Property

Listing and Financial Details

  • Tenant pays for cable
  • Assessor Parcel Number 2-0015-29-049

Property Details

Home Type

Condominium

Est. Annual Taxes

$832

Year Built

Built in 1919

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Construction: Brick, Stone
  • Current Zoning: BC1
  • Inclusions: Refrigerator
  • Legal Description: Unit 11 being a portion of the former office area A
  • List Price Per Sq Ft: 356.24
  • Num Unit Stories: 1.00000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface: Curb & Gutter, Paved
  • Style: Traditional
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Common Walls: 1 Commonwalls
  • Interior: Ceilings; 9' Plus
  • Laundry: Basement
  • Primary Bathroom Features: Single Vanity, Tub/Shower
  • Master Bedroom Description: Master Main
  • Total Sq Ft: 505
  • Unit Floor: 1

Exterior Features

  • Foundation: Concrete, Pier
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cable: Cable Ready
  • Cooling Type: Window
  • Num Cooling Units: 2
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association Name: DeRenne Plaza Owners Association
  • Phone: 912-234-7205
  • Association: Yes
  • Community: Sidewalks, Street Lights, Walk To School, Walk To Shopping

Lot Info

  • Lot Description: City, Corner, Level
  • Parcel Number: 2-0015-29-049
  • Property Description: Condominium Highrise

Rental Info

  • Tenant Pays: Cable

Tax Info

  • Annual Tax: 832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 10, 2024
Sold by
Claxton Bank
Bought by
Glevum Llc
Seller's Agent
Therese McMillan
Daniel Ravenel SIR
Buyer's Agent
Ruben Ramos
Daniel Ravenel SIR
List Price
$389,000
Sold Price
$366,723
Premium/Discount to List
-$22,278
-5.73%
Views
42
Current Estimated Value
$342,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,793
Avg. Annual Appreciation
-2.40%

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 2, 2024
Sold by
Glevum Llc
Bought by
Haeussler Arthur and Vinci Maryann
Seller's Agent
Therese McMillan
Daniel Ravenel SIR
Buyer's Agent
Ruben Ramos
Daniel Ravenel SIR
List Price
$389,000
Sold Price
$366,723
Premium/Discount to List
-$22,278
-5.73%
Views
42

Purchase Details

Closed on
Jun 14, 2022
Sold by
Madsen Raymond
Bought by
Glevum Llc

Purchase Details

Listed on
Mar 19, 2020
Closed on
Oct 28, 2020
Sold by
Joseph Stefani Ann
Bought by
Madsen Raymond
Seller's Agent
Fran Belloir
Engel & Volkers
Buyer's Agent
Shannee Theus
Corcoran Austin Hill Realty
List Price
$225,000
Sold Price
$176,000
Premium/Discount to List
-$49,000
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%
Original Mortgage
$123,200
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Quit Claim Deed -- --
Warranty Deed $366,723 --
Warranty Deed $325,000 --
Warranty Deed $176,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,200 New Conventional
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $366,723 -5.7% $726 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $389,000 +121.0% $770 / Sq Ft
10/28/2020 10/28/20 Sold $176,000 -2.2% $349 / Sq Ft
08/21/2020 08/21/20 Price Changed $179,900 -9.6% $356 / Sq Ft
07/03/2020 07/03/20 Price Changed $199,000 -11.6% $394 / Sq Ft
03/19/2020 03/19/20 For Sale $225,000 -- $446 / 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 $2,706 $93,600 $12,120 $81,480
2023 $969 $93,600 $12,120 $81,480
2022 $969 $79,400 $6,080 $73,320
2021 $3,130 $70,400 $6,000 $64,400
2020 $2,044 $64,720 $6,080 $58,640
2019 $2,876 $64,720 $6,080 $58,640
2018 $1,910 $64,240 $6,080 $58,160
2017 $1,812 $42,480 $6,080 $36,400
2016 $1,281 $43,920 $6,080 $37,840
2015 $2,132 $51,120 $0 $51,120
2014 $2,843 $51,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 221651

Savannah Multi-List Corporation

APN: 2001529049