NOT LISTED FOR SALE

3 Teresa Ln Tybee Island, GA 31328

Estimated Value: $1,092,678 - $1,480,000

5 Beds
3 Baths
3,083 Sq Ft
$421/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $775,000 $251 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,058/month

60 Days on Market

Highlights

  • Spa
  • Deck
  • Stream or River on Lot
  • Howard Elementary School Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of April 2020

The Vintage Pearl is a 5 bedroom, 3 full bath with a spectacular roof top sitting area with a hot tub & panoramic views of the bay and North Beach. Easy private beach & bay access is only 250 feet away. Each room features bead board walls, pine floors & ceiling fans. The living room, dining & kitchen is open floor concept design offering a sitting area and wet bar. The living room features a sleeper sofa, gas fireplace and big flat screen TV. The kitchen/dining has a combined seating for 6. Full bath on the 1st floor. There are wrap around porches on this level offering a hanging bed to enjoy the ocean breezes and a table seating for 6. Walk up the unique wide spiral stair cases to each level inspired by the Tybee Lighthouse. The 2nd floor features a master suite with en-suite bath and four bedrooms and full bath & laundry. On the rooftop level there is a cozy study with amazing views. The rooftop deck offers lots of seating & a private hot tub. 2019 STVR income $94,000.

Last Agent to Sell the Property

Lee Ann Marsh

Century 21 Solomon Properties License #245551 Listed on: 02/21/2020

Century 21 Solomon Properties

Last Buyer's Agent

Lee Ann Marsh

Century 21 Solomon Properties License #245551 Listed on: 02/21/2020

Century 21 Solomon Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,339

Year Built

  • Built in 2000

Lot Details

  • 5,663 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 3,083 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Stream or River on Lot
  • Balcony
  • Deck
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • North Wave HOA

Listing and Financial Details

  • Assessor Parcel Number 4-0022-01-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,339

Year Built

Built in 2000

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Construction: Concrete Siding
  • Current Zoning: R2
  • Flood Insurance: Yes
  • Legal Description: LOT 3 NORTH WAVE SUB PHASE 1 SMB 17S 29 .133 AC
  • Legal Subdivision: North Wave Sub
  • List Price Per Sq Ft: 259.16
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt
  • Style: Contemporary
  • Year Built: 2000
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric, Fireplace, Furnished, Gas, Hood Fan, Icemaker Connection, Range/Oven, Refrigerator, W/D Connection, Washer
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace Location: Living Room
  • Laundry: Dryer Connection, Hall, Upstairs, Washer Connection
  • Fireplaces: 1
  • Total Sq Ft: 3083

Exterior Features

  • Exterior House: Balcony, Deck, Front Porch, Porch, Wrap Porch
  • Pool Hot Tub Description: Hot Tub
  • Pool/Hot Tub: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Description: Drive Under/Basement

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annual
  • Association Name: North Wave HOA
  • Association: Yes

Lot Info

  • List Price Per Acre: 6146153.85
  • Lot Num: 3
  • Lot Size Sq Ft: 5663
  • Lot View: River
  • Num Acres: 0.1300
  • Parcel Number: 4-0022-01-022
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 9339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Way Ricky
Bought by
Spiaggia Tybee Llc
Current Estimated Value
$1,297,420

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 24, 2020
Sold by
Guck Mark S
Bought by
Way Ricky and Way Annlia
Seller's Agent
Lee Ann Marsh
Century 21 Solomon Properties
Buyer's Agent
Lee Ann Marsh
Century 21 Solomon Properties
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$510,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Spiaggia Tybee Llc -- --
Way Ricky $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Way Ricky $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $775,000 -3.0% $251 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $799,000 -- $259 / 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 $13,576 $396,000 $133,000 $263,000
2024 $13,576 $412,320 $133,000 $279,320
2023 $13,576 $428,400 $133,000 $295,400
2022 $8,979 $399,600 $133,000 $266,600
2021 $8,798 $267,160 $70,320 $196,840
2020 $9,340 $245,560 $70,320 $175,240
2019 $9,339 $271,840 $70,320 $201,520
2018 $8,962 $322,440 $70,320 $252,120
2017 $7,335 $328,640 $71,600 $257,040
2016 $7,334 $227,640 $66,960 $160,680
2015 $6,562 $203,360 $66,960 $136,400
2014 $9,379 $197,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 220266

Savannah Multi-List Corporation

APN: 4002201022