NOT LISTED FOR SALE

307 W 36th St Savannah, GA 31401

Metropolitan Neighborhood
11 Beds
8 Baths
4,613 Sq Ft
7,013 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $2,080,000 $451 Per Sq Ft

236 Days on Market

Highlights

  • 7,013 Sq Ft lot
  • Central Heating and Cooling System
  • 2-minute walk to Wells Park
  • No HOA
  • Wood Siding

About This Home

As of February 2024

This is a rare opportunity to purchase a fully stabilized core plus multifamily asset in the heart of Savannah's Stalrand/Thomas square neighborhood. The Starland district is the new place to be: young professionals, art students, military officers, and all manner of local Savannians come to Starland to live, work, and play - and they pay a premium to do so. 307 W 36th was totally renovated in 2018 and went through a management value-add over the past year: rents were stabilized to market with well-qualified 12+ month tenants, unnecessary expenses cut, and deferred maintenance performed. Now the owners are ready to deliver this asset to the discerning buyer seeking easy cash flow and appreciation over the next few years as the Starland district and the Savannah MSA in general continues to grow well in excess of the rest of the nation. Offered at a 6.5% going-in capitalization rate and unlevered IRR/EM at year 7 of 13.8%/2.2x, clean Phase II ESA in hand. Financials upon request.

Last Agent to Sell the Property

Patrick Wilver

Eighteen O'Two Realty LLC License #394326 Listed on: 07/02/2023

Last Buyer's Agent

Wynn Martin

Eighteen O'Two Realty LLC License #374726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,226

Year Built

  • Built in 1900

Lot Details

  • 7,013 Sq Ft Lot

Home Design

  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,613 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 2006508003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,226

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1900
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Property Attached Yn: No
  • Tax Year: 2022
  • Master Plan Zoning: RIP
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 8
  • Total Bedrooms: 11
  • Stories: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Acres: 0.161
  • Construction Type: Frame, Vinyl Siding, Wood Siding

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 0.161
  • Lot Size Sq Ft: 7013.0
  • Parcel Number: 2006508003
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6226.0
  • Tax Lot: 43

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

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $2,080,000 -5.5% $451 / Sq Ft
07/02/2023 07/02/23 For Sale $2,200,000 +35.4% $477 / Sq Ft
08/17/2022 08/17/22 Sold $1,625,000 -14.4% $346 / Sq Ft
05/13/2022 05/13/22 For Sale $1,899,000 +26.7% $405 / Sq Ft
09/15/2021 09/15/21 Sold $1,499,000 0.0% $319 / Sq Ft
08/09/2021 08/09/21 For Sale $1,499,000 +649.5% $319 / Sq Ft
12/31/2012 12/31/12 Sold $200,000 -47.4% $43 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $380,000 -- $81 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Wilver

    Seller's Agent in 2024

    Patrick Wilver

    Eighteen O'Two Realty LLC

    (724) 674-7652

    2 in this area

    140 Total Sales

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  • Wynn Martin

    Buyer's Agent in 2024

    Wynn Martin

    Eighteen O'Two Realty LLC

    (912) 662-3055

    6 in this area

    188 Total Sales

    Section Image
  • Kathleen Linzey

    Seller's Agent in 2022

    Kathleen Linzey

    Realty One Group Inclusion

    (912) 414-4103

    3 in this area

    186 Total Sales

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  • M

    Seller's Agent in 2021

    Matt Follis

    Coldwell Banker Platinum Partners

    Section Image

  • D

    Seller's Agent in 2012

    Dana DeJames

    Brand Name Real Estate, Inc

    (912) 659-1067

    2 in this area

    24 Total Sales

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  • Jenny Rutherford

    Seller Co-Listing Agent in 2012

    Jenny Rutherford

    Jenny Rutherford Real Estate,

    (912) 800-9004

    1 in this area

    177 Total Sales

    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 291445

Savannah Multi-List Corporation

APN: 2-0065 -08-003

Georgia Chatham County Savannah 31401 Metropolitan

307 W 36th St, Savannah, GA

This home is located at 307 W 36th St, Savannah, GA 31401 since 02 July 2023. This property was built in 1900. 307 W 36th St is a home located in Chatham County with nearby schools including Gadsden Elementary School, Derenne Middle School, and Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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