NOT LISTED FOR SALE

2702 River Dr Savannah, GA 31404

Estimated Value: $715,000

1.6 Acres
$446,875 Price per Acre
69,696 Sq Ft Lot

Last Sold August 28, 2013

Last sale price $285,000 $96 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,634/month

27 Days on Market

Highlights

  • Private Dock
  • 1.6 Acre Lot
  • Open Lot
  • River Front
  • Stream or River on Lot
  • 3-minute walk to Cesaroni Park

About This Lot

As of August 2013

One of the largest remaining development tracts with river front age. Located in Thunderbolt on Historic River Dr, just minutes from all Savannah Area offers. Perfect for multi or single family development. Existing causeway to river and dock. Bank owned property.

Last Agent to Sell the Property

Roy Hill

Seabolt Real Estate License #175128 Listed on: 05/02/2013

Last Buyer's Agent

Ruthie Seese

Seabolt Real Estate License #268172

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,214

Lot Details

  • 1.6 Acre Lot
  • River Front
  • Open Lot
  • Sloped Lot
  • Cleared Lot

Outdoor Features

  • Private Dock
  • Uncovered Dock
  • Stream or River on Lot

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3-0004-07-002

Property Details

Property Type

Land

Est. Annual Taxes

$8,214

Lot Details

0

Listing Details

  • Current Zoning: R-3
  • Legal Description: N Pt Lot A Sub Doyle est and portion of Par A Kutchey Tract
  • Present Use: Vacant
  • Property Sub Type: Land
  • Property Type: Lnd
  • Road Surface: Asphalt, Paved
  • Zoning Description: Multi Family
  • Special Features: None

Exterior Features

  • Nameof Waterway: Wilmington River
  • Water Frontage Type: River
  • Waterfront: Yes

Utilities

  • Cable: Cable Access, Cable In Street
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Utilities At Property: Electricity, Telephone
  • Utilities Description: Above Ground
  • Utilities: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Community: Street Lights, Walk To Shopping

Lot Info

  • Dock Slip Description: Dock-Uncovered, Private
  • Dock: Yes
  • List Price Per Acre: 187500.00
  • Lot Description: Open Land, Sloping
  • Lot Dimension: 1.6 ac. see survey
  • Lot Size: 1-2 Acres
  • Lot Size Area: 1.6000
  • Lot Size Sq Ft: 69696
  • Lot View: Deep Water, River
  • Num Acres: 1.6000
  • Parcel Number: 3-0004-07-002
  • Property Description: Buildable Lot
  • Topography: Open, Sloping

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Aug 28, 2013
Sold by
Ameris Bank
Bought by
Bootsma Emile
Seller's Agent
Roy Hill
Seabolt Real Estate
Buyer's Agent
Ruthie Seese
Seabolt Real Estate
List Price
$495,000
Sold Price
$285,000
Premium/Discount to List
-$210,000
-42.42%
Current Estimated Value
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,000
Avg. Annual Appreciation
8.20%
Original Mortgage
$199,500
Outstanding Balance
$150,942
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$579,058

Purchase Details

Closed on
Jun 8, 2007
Sold by
Not Provided
Bought by
Ryba Enterprises Inc and Applegate Evolutions Lp
Source: Public Records

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
Bootsma Emile $285,000 --
Ryba Enterprises Inc $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bootsma Emile $199,500
Closed Bootsma Emile $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $285,000 -42.4% $96 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $495,000 -- $166 / 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 $8,214 $123,040 $123,040 $0
2023 $4,183 $123,040 $123,040 $0
2022 $3,548 $123,040 $123,040 $0
2021 $3,505 $119,560 $119,560 $0
2020 $2,502 $119,440 $119,440 $0
2019 $3,634 $119,440 $119,440 $0
2018 $3,634 $119,440 $119,440 $0
2017 $1,793 $114,960 $114,960 $0
2016 $3,239 $114,960 $114,960 $0
2015 $3,218 $210,080 $210,080 $0
2014 $6,165 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 109458

Savannah Multi-List Corporation

APN: 3000407002