NOT LISTED FOR SALE

3226 Russell St Savannah, GA 31404

Estimated Value: $396,000 - $647,000

3 Beds
2 Baths
1,238 Sq Ft
$414/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $120,000 $97 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $2,876/month

50 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Detached Garage
  • 2-minute walk to Cesaroni Park
  • Traditional Architecture
  • Laundry Room

About This Home

As of December 2016

Amazing investment opportunity in Thunderbolt! 3 Bd 2 Bath investor's special with huge 100'x165' lot at corner of Russell and Artillery. Currently zoned residential but in mixed use area. Detached garage/workshop with electricity. Extremely convenient location. Lot may be subdividable. Needs work. Sold as-is without disclosures.

Last Agent to Sell the Property

Jessica Arledge

Keller Williams Coastal Area P License #340456 Listed on: 09/29/2016

Keller Williams Coastal Area P

Last Buyer's Agent

Jeff Welch

Benchmark Properties of Sav License #343404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1884

Lot Details

  • 0.37 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Low Country Architecture
  • Block Foundation

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3-0005-04-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Current Zoning: R1
  • Flood Insurance: Unknown
  • Legal Description: WESTERN PORTION OF BUNGER COTTAG E TCT MAIN ST THUNDERBOLT
  • List Price Per Sq Ft: 113.00
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Style: Low Country, Traditional
  • Year Built: 1884
  • Advertised Subdivision: Thunderbolt
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Common Walls: No Common Walls
  • Fireplace Features: Non-Working
  • Fireplace Location: Living Room
  • Laundry: Laundry Room
  • Total Sq Ft: 1238

Exterior Features

  • Foundation: Block

Garage/Parking

  • Garage Spaces: 1
  • Parking Description: Detached

Utilities

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

Lot Info

  • List Price Per Acre: 378108.11
  • Lot Size Sq Ft: 16117
  • Num Acres: 0.3700
  • Parcel Number: 3-0005-04-008
  • Property Attached: Yes
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 1514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2017
Sold by
Welch Jeffrey D
Bought by
Welch Jeffrey D and Welch Katharine B
Current Estimated Value
$512,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,228
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 22, 2016
Sold by
Frank O
Bought by
Welch Fam Enterprises Llc
Seller's Agent
Jessica Arledge
Keller Williams Coastal Area P
Buyer's Agent
Jeff Welch
Benchmark Properties of Sav
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$138,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2009
Sold by
Downing Cornelia L
Bought by
Downing Frank O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Welch Jeffrey D -- --
Welch Jeffrey D $259,000 --
Welch Fam Enterprises Llc $120,000 --
Downing Frank O -- --
Downing Cornelia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Jeffrey D $221,228
Closed Welch Jeffrey D $221,228
Previous Owner Welch Fam Enterprises Llc $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $120,000 -14.2% $97 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $139,900 -- $113 / 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 $1,892 $230,520 $56,000 $174,520
2024 $1,892 $232,920 $58,000 $174,920
2023 $1,260 $116,840 $26,120 $90,720
2022 $1,435 $108,120 $26,120 $82,000
2021 $1,441 $56,160 $26,120 $30,040
2020 $1,424 $52,680 $26,120 $26,560
2019 $1,424 $52,680 $26,120 $26,560
2018 $1,595 $52,440 $26,120 $26,320
2017 $1,352 $48,000 $23,472 $24,528
2016 $1,600 $56,800 $18,560 $38,240
2015 $2,269 $53,640 $18,520 $35,120
2014 $2,253 $54,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 162980

Savannah Multi-List Corporation

APN: 3000504008