NOT LISTED FOR SALE

302 2nd Ave Tybee Island, GA 31328

Estimated Value: $573,000 - $1,063,000

6 Beds
4 Baths
3,645 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $610,000 $167 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,887/month

28 Days on Market

Highlights

  • Community Beach Access
  • Wood Flooring
  • Tennis Courts
  • Howard Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Tybee Island Memorial Park

About This Home

As of January 2021

Large, unique multi family house in great location. Just steps from the beach. Really short walk to park and playground, restaurants, and shops. Use as single family home or let your beach house help pay for itself. Three separate units. Formerly 4 units. Live in downstairs and rent upstairs long term or short term. There's also an upstairs efficiency type guest suite with kitchen for visitors or family. Downstairs currently configured with 4 bedrooms, 2 baths. Large kitchen and 2 living areas so family can spread out. Bonus "secret" room that can be another bedroom, an office, bathroom, or even a giant walk in closet that is stubbed for plumbing. Two laundry rooms with showers for rinsing off beach sand. Lots of space in which to use your creative ideas. Upstairs apartment, with private entrance, has large living room and kitchen, 1 bedroom and 1 bath. Efficiency guest suite upstairs also has private entrance. Double lot. Rare find with all sorts of possibilities on Tybee.

Last Agent to Sell the Property

JUDY O'NEILL

Century 21 Solomon Properties License #152808 Listed on: 11/14/2020

Century 21 Solomon Properties

Last Buyer's Agent

Elizabeth Quigley Ferencsik

Keller Williams Coastal Area P License #343278

Keller Williams Coastal Area P

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,134

Year Built

  • Built in 1951

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 81x79
  • Two or More Common Walls
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,645 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Zoned Heating and Cooling
  • Propane
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40004 18001&18001A

Community Details

Overview

  • 3 Units

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,134

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Annual Flood Insurance: 1287
  • Construction: Cinder Block
  • Flood Insurance: Yes
  • Legal Description: N 1/2LT 22B, WD 1 Tybee inner & South 1/2 LT 22B WD 1 Savannah Beach
  • List Price Per Sq Ft: 168.72
  • Property Sub Type: Tri-Plex
  • Property Type: Multifamily
  • Recreation Facilities: Playground, Tennis Courts
  • Road Surface: Asphalt
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Common Walls: 2 Commonwalls
  • Floors: Tile, Wood
  • Laundry: Laundry Room
  • Total Sq Ft: 3645

Exterior Features

  • Other Structures: Shed
  • Exterior House: Front Porch, Patio-Uncovered
  • Foundation: Slab
  • Roof: Composition
  • Structure: Restored

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cable: Cable Access
  • Cooling Type: Central, Zoned
  • Gas: Private Lp Tank
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: Beach Access, Park, Paths/Bike-Walk, Street Lights, Walk To School, Walk To Shopping

Schools

  • Elementary School: TIMA, M. Howard
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • Exterior Lot: Privacy Fence
  • Fencing: Wood
  • List Price Per Acre: 4212328.77
  • Lot Description: Corner
  • Lot Dimension: 81x79
  • Lot Size Sq Ft: 6360
  • Num Acres: 0.1460
  • Parcel Number: 40004 18001&18001A
  • Property Attached: Yes

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 5, 2021
Sold by
Owen Bradley
Bought by
Woodlock Colin James and Alger Stephanie Rachel
Seller's Agent
JUDY O'NEILL
Century 21 Solomon Properties
Buyer's Agent
Elizabeth Quigley Ferencsik
Keller Williams Coastal Area P
List Price
$699,900
Sold Price
$610,000
Premium/Discount to List
-$89,900
-12.84%
Current Estimated Value
$731,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,074
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Dec 20, 2018
Sold by
Rowe Martin D
Bought by
Owen Bradley and Owen Stacey

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jun 26, 2013
Sold by
Miller Lawrence B
Bought by
Rowe Martin D and Rowe Mary Beth
Seller's Agent
NANCY SOLOMON
Century 21 Solomon Properties
Buyer's Agent
Vanessa Barger
ERA Southeast Coastal
List Price
$310,000
Sold Price
$270,000
Premium/Discount to List
-$40,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$402,541
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Miller Lawrence B
Bought by
Miller Lawrence B

Purchase Details

Closed on
Aug 17, 2009
Bought by
Miller Lawrence B
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
Woodlock Colin James $610,000 --
Owen Bradley $543,500 --
Rowe Martin D $270,000 --
Miller Lawrence B -- --
Miller Lawrence B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowe Martin D $402,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $610,000 -0.8% $167 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/26/2020 11/26/20 Price Changed $615,000 -9.6% $169 / Sq Ft
11/18/2020 11/18/20 Price Changed $680,000 -2.8% $187 / Sq Ft
11/14/2020 11/14/20 For Sale $699,900 +159.2% $192 / Sq Ft
06/26/2013 06/26/13 Sold $270,000 -12.9% $75 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $310,000 -- $86 / 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 $12,134 $192,360 $90,000 $102,360
2024 $12,134 $192,360 $90,000 $102,360
2023 $4,875 $192,360 $90,000 $102,360
2022 $3,462 $102,146 $40,184 $61,962
2021 $3,095 $103,000 $40,520 $62,480
2020 $4,194 $122,080 $40,520 $81,560
2019 $4,194 $122,080 $40,520 $81,560
2018 $2,953 $102,680 $40,520 $62,160
2017 $2,820 $95,760 $41,920 $53,840
2016 $2,820 $87,520 $41,920 $45,600
2015 $2,880 $89,240 $42,960 $46,280
2014 $2,848 $53,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 238204

Savannah Multi-List Corporation

APN: 4000418001A