Sharon Miller
ERA Southeast Coastal
(912) 461-5168
78 Total Sales
1 in Metropolitan
$350,000 Price
307 W 36th St Savannah, GA 31401
Metropolitan Neighborhood
11
Beds
8
Baths
4,613
Sq Ft
7,013
Sq Ft Lot
Highlights
- 0.16 Acre Lot
- Central Air
- Heating Available
- No HOA
- Wood Siding
- 2-minute walk to Wells Park
About This Home
As of February 2024This 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
Eighteen O'Two Realty LLC License #394326 Listed on: 07/02/2023
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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
- Wood Siding
- Vinyl Siding
Interior Spaces
- 4,613 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Underground Utilities
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2006508003
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2023
Closed on
Feb 23, 2024
Sold by
704 Rutledge Llc
Bought by
Seller's Agent
Patrick Wilver
Eighteen O'Two Realty LLC
Buyer's Agent
Wynn Martin
Eighteen O'Two Realty LLC
List Price
$2,200,000
Sold Price
$2,080,000
Premium/Discount to List
-$120,000
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$688,856
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2022
Closed on
Aug 17, 2022
Sold by
307 West 36Th Street Llc
Bought by
704 Rutledge Llc
Seller's Agent
Kathleen Linzey
Realty One Group Inclusion
Buyer's Agent
Wynn Martin
Eighteen O'Two Realty LLC
List Price
$1,899,000
Sold Price
$1,625,000
Premium/Discount to List
-$274,000
-14.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%
Original Mortgage
$1,206,350
Interest Rate
5.54%
Mortgage Type
Mortgage Modification
Purchase Details
Closed on
Mar 3, 2022
Sold by
Hi Savannah Properties Llc
Bought by
307 West 36Th Street Llc
Purchase Details
Listed on
Aug 9, 2021
Closed on
Sep 15, 2021
Sold by
Merkur Properties Llc
Bought by
Hi Savannah Properties Llc
Buyer's Agent
Kathleen Linzey
Realty One Group Inclusion
List Price
$1,499,000
Sold Price
$1,499,000
Purchase Details
Closed on
Mar 13, 2015
Sold by
Follis Matteo
Bought by
Merkur Properties Llc
Purchase Details
Closed on
Dec 14, 2012
Sold by
Mcqueen Saundra Y
Bought by
Follis Matteo
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Metropolitan, GA
-
Sharon Miller
-
Teresa Cowart
Teresa Cowart
RE/MAX Accent
(912) 461-4527
1,945 Total Sales
5 in Metropolitan
$88K - $895K Price Range
-
Sam Clark
Sam Clark
Parker Scott Properties
(912) 461-2153
31 Total Sales
1 in Metropolitan
$1,050,000 Price
-
Christen Wallace-Bergen
Christen Wallace-Bergen
Responds QuicklySalt Marsh Realty LLC
(912) 600-8035
133 Total Sales
1 in Metropolitan
$455,000 Price
-
Danny Worsley
Danny Worsley
Bare Real Estate
(912) 600-3754
30 Total Sales
1 in Metropolitan
$420,000 Price
-
Ashley Johnson
Ashley Johnson
Responds QuicklyeXp Realty
(912) 572-0349
782 Total Sales
1 in Metropolitan
$425,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,080,000 | -- | ||
| 704 Rutledge Llc | $1,625,000 | -- | |
| 307 West 36Th Street Llc | -- | -- | |
| Hi Savannah Properties Llc | $1,499,000 | -- | |
| Merkur Properties Llc | -- | -- | |
| Follis Matteo | $200,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,200,000 | ||
| Previous Owner | 704 Rutledge Llc | $1,206,350 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $2,080,000 | -5.5% | $451 / Sq Ft | |
| 01/24/2024 01/24/24 | Pending | -- | -- | -- | |
| 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 | View Prior Sale |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- | |
| 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 | View Prior Sale |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- | |
| 08/09/2021 08/09/21 | For Sale | $1,499,000 | -- | $319 / Sq Ft |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,459 | $443,240 | $37,920 | $405,320 |
| 2025 | $16,459 | $443,240 | $37,920 | $405,320 |
| 2024 | $23 | $311,920 | $37,920 | $274,000 |
| 2023 | $1,738 | $311,920 | $37,920 | $274,000 |
| 2022 | $6,226 | $464,600 | $96,000 | $368,600 |
| 2021 | $9,480 | $201,960 | $42,000 | $159,960 |
| 2020 | $4,863 | $154,000 | $42,000 | $112,000 |
| 2019 | $9,273 | $154,000 | $42,000 | $112,000 |
| 2018 | $5,200 | $158,160 | $42,000 | $116,160 |
| 2017 | $6,551 | $135,600 | $28,320 | $107,280 |
| 2016 | $4,858 | $166,520 | $28,320 | $138,200 |
| 2015 | $5,123 | $122,840 | $28,320 | $94,520 |
| 2014 | $6,814 | $122,840 | $0 | $0 |
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
1 in this area
82 Total Sales
-
Wynn Martin
Buyer's Agent in 2024
Wynn Martin
Eighteen O'Two Realty LLC
(912) 662-3055
4 in this area
156 Total Sales
-
Kathleen Linzey
Seller's Agent in 2022
Kathleen Linzey
Realty One Group Inclusion
(912) 414-4103
2 in this area
170 Total Sales
Map
Source: Hive MLS
MLS Number: SA291445
APN: 2-0065 -08-003
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.
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Information is deemed reliable but not guaranteed.
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