NOT LISTED FOR SALE

3 Martin Luther King jr Blvd Savannah, GA 31401

Estimated Value: $1,552,000

-- Bed
-- Bath
8,892 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $1,325,000 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,813/month

797 Days on Market

About This Home

As of May 2014

This home is located at 3 Martin Luther King jr Blvd, Savannah, GA 31401 since 23 February 2012 and is currently priced at $1,552,000, approximately $174 per square foot. This property was built in 1900. 3 Martin Luther King jr Blvd is a home located in Chatham County with nearby schools including Otis J. Brock Elementary School, Mercer Middle School, and Groves High School.

Last Agent to Sell the Property

Richard Mopper

Sweet T Properties LLC License #027456 Listed on: 02/23/2012

Sweet T Properties LLC

Last Buyer's Agent

Richard Mopper

Sweet T Properties LLC License #027456 Listed on: 02/23/2012

Sweet T Properties LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $49,568

Year Built

  • Built in 1900

Lot Details

  • 8,886

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,892 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2-0003-07-001A

Property Details

Property Type

Other

Est. Annual Taxes

$49,568

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Brick
  • Current Zoning: RFB
  • Legal Description: SOUTH PT LT 1 NORTH OGLETHORPE WARD
  • List Price Per Sq Ft: 179.94
  • Present Use: Business, Historic
  • Property Type: Com
  • Road Frontage Feet: 89
  • Road Surface: Asphalt
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Sq Ft: 8892

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Lot Info

  • Improvements: Curbs, Sidewalk, Street Lights, Underground Utilities
  • Lot Size: .25-.50 Acre
  • Parcel Number: 2-0003-07-001A
  • Property Description: Commercial Improved (Utilities At Site)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
3 Mlk Llc
Bought by
Savannah Dt Lodging Llc
Current Estimated Value
$1,552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,800,000
Outstanding Balance
$5,770,428
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Not Provided
Bought by
Laundry and Dairy Llc
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
Savannah Dt Lodging Llc $7,700,000 --
Laundry $904,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savannah Dt Lodging Llc $5,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $1,325,000 -17.2% $149 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
02/23/2012 02/23/12 For Sale $1,600,000 -- $180 / 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 $49,568 $820,240 $320,120 $500,120
2024 $49,568 $853,000 $320,120 $532,880
2023 $26,784 $919,200 $320,120 $599,080
2022 $21,069 $611,400 $320,120 $291,280
2021 $40,309 $683,480 $321,236 $362,244
2020 $31,602 $683,480 $321,236 $362,244
2019 -- $683,480 $320,120 $363,360
2018 -- $530,000 $320,120 $209,880
2017 -- $530,000 $320,120 $209,880
2016 $15,462 $609,000 $320,120 $288,880
2015 -- $530,000 $308,990 $221,010
2014 -- $423,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 95442

Savannah Multi-List Corporation

APN: 2000307001A