NOT LISTED FOR SALE

Estimated Value: $691,339 - $782,000

6 Beds
2 Baths
2,392 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $388,000 $162 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,583/month

93 Days on Market

Highlights

  • Victorian Architecture
  • Interior Lot
  • Central Heating and Cooling System
  • Savannah Arts Academy Rated A+

About This Home

As of May 2019

BRAND NEW ROOF, HVAC, FLOOR JOISTS, Termite bond and many other items! WOW!!! Investment property on THOMAS SQUARE in the Historic Streetcar District of Downtown Savannah! 2 units, upper and lower. Each unit has 3 bedrooms and 1 bathroom, kitchen, living, and laundry areas. Great rental income, STAYS RENTED with SCAD students. OR live downstairs and rent out the upper apartment for amazing income potential! Just a short walk away from downtown restaurants and shopping.

Last Agent to Sell the Property

Teresa Cowart

Re/Max Accent License #290798 Listed on: 02/04/2019

Re/Max Accent

Last Buyer's Agent

Wynn Martin

Eighteen O'Two Realty LLC License #374726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Interior Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • City Lot

Schools

  • East Broad Elementary And Middle School
  • Liberal Studies High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2-0053-26-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Frame, Siding, Wood
  • Current Zoning: RM40
  • Flood Insurance: Unknown
  • Inclusions: Dryer, Refrigerator, Washer
  • Legal Description: LOT LETTER C CUMMINGS WARD
  • Legal Subdivision: Cumming Ward
  • List Price Per Sq Ft: 167.18
  • Property Sub Type: Duplex
  • Property Type: Multifamily
  • Road Surface: Asphalt, Curb, Paved
  • Style: Victorian
  • Year Built: 1900
  • Zoning Description: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, W/D Connection, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Laundry: Dryer Connection, Washer Connection
  • Total Sq Ft: 2392

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Description: Off Street

Utilities

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

Lot Info

  • List Price Per Acre: 4998750.00
  • Lot Description: City, Interior
  • Lot Size Sq Ft: 3485
  • Num Acres: 0.0800
  • Parcel Number: 2-0053-26-012
  • Property Description: House

Tax Info

  • Annual Tax: 2181

Multi Family

  • Unit Count: 2

MLS Schools

  • Elementary School: East Broad
  • HighSchool: Liberal Studies
  • Middle School: East Broad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 8, 2019
Sold by
Multer Clayton T
Bought by
Mcleroy Jonathan B
Seller's Agent
Teresa Cowart
Re/Max Accent
Buyer's Agent
Wynn Martin
Eighteen O'Two Realty LLC
List Price
$399,900
Sold Price
$388,000
Premium/Discount to List
-$11,900
-2.98%
Current Estimated Value
$747,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,585
Avg. Annual Appreciation
10.51%
Original Mortgage
$396,342
Outstanding Balance
$347,757
Interest Rate
4.1%
Estimated Equity
$399,828

Purchase Details

Closed on
Jan 30, 2019
Sold by
Wilson Stephen Scott
Bought by
Multer Clayton T

Purchase Details

Closed on
Jan 17, 2007
Sold by
Not Provided
Bought by
Wilson Multer and Wilson Clayton T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcleroy Jonathan B $388,000 --
Multer Clayton T -- --
Wilson Multer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleroy Jonathan B $396,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $388,000 -3.0% $162 / Sq Ft
02/04/2019 02/04/19 For Sale $399,900 -- $167 / 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 $7,614 $231,400 $64,000 $167,400
2024 $7,614 $233,080 $64,000 $169,080
2023 $2,478 $203,080 $32,000 $171,080
2022 $2,086 $171,000 $32,000 $139,000
2021 $7,280 $144,920 $14,000 $130,920
2020 $2,534 $80,240 $14,000 $66,240
2019 $3,565 $80,240 $14,000 $66,240
2018 $3,558 $79,120 $14,000 $65,120
2017 $3,330 $74,360 $13,320 $61,040
2016 $2,402 $82,320 $13,320 $69,000
2015 $3,024 $72,520 $13,320 $59,200
2014 $3,314 $59,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 201616

Savannah Multi-List Corporation

APN: 2005326012