NOT LISTED FOR SALE

Estimated Value: $1,918,000 - $2,163,477

6 Beds
5 Baths
6,684 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $890,000 $133 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $12,548/month

Highlights

  • Wood Flooring
  • Wood Burning Fireplace
  • 1-minute walk to Troup Square
  • Savannah Arts Academy Rated A+

About This Home

As of May 2017

2 apartments in main building along with restaurant at street level and carriage house. All units are leased. Great location for an income producing property. Excellent location on Troup Square. Great investment!

Last Agent to Sell the Property

Steffany Farmer

Better Homes and Gardens Real License #168178 Listed on: 05/18/2017

Better Homes and Gardens Real

Last Buyer's Agent

Patricia Bishop

Seabolt Real Estate License #117959

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,801

Year Built

  • Built in 1900

Lot Details

  • 3,006

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 6,684 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 3,006 Sq Ft Lot
  • City Lot

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2-0015-31-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,801

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Brick, Frame
  • Current Zoning: RIA
  • Inclusions: Alarm-Smoke/Fire
  • Legal Description: EAST HALF LOT 13 TROUP WARD
  • Legal Subdivision: Troup
  • List Price Per Sq Ft: 149.61
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Road Surface: Asphalt
  • Year Built: 1900
  • Zoning Description: Mixed Use
  • Advertised Subdivision: Troup
  • Special Features: None

Interior Features

  • Appliances: Fireplace
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Floors: Hardwood
  • Total Sq Ft: 6684

Exterior Features

  • Foundation: Slab
  • Roof: Asphalt

Utilities

  • Cable: Cable Access
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 4
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Lot Info

  • List Price Per Acre: 14492753.62
  • Lot Description: City
  • Lot Num: 13
  • Lot Size Sq Ft: 3006
  • Lot View: Park
  • Num Acres: 0.0690
  • Parcel Number: 2-0015-31-010

Tax Info

  • Annual Tax: 8801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 21, 2017
Sold by
Jrm Savannah Holdings Llc
Bought by
324 E Harris St Llc
Seller's Agent
Steffany Farmer
Better Homes and Gardens Real
Buyer's Agent
Patricia Bishop
Seabolt Real Estate
List Price
$1,000,000
Sold Price
$890,000
Premium/Discount to List
-$110,000
-11%
Current Estimated Value
$2,092,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,202,619
Avg. Annual Appreciation
10.80%
Original Mortgage
$950,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
May 18, 2017
Closed on
May 24, 2017
Bought by
Jrm Savannah Holdings Llc
Seller's Agent
Steffany Farmer
Better Homes and Gardens Real
Buyer's Agent
Patricia Bishop
Seabolt Real Estate
List Price
$1,000,000
Sold Price
$890,000
Premium/Discount to List
-$110,000
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2005
Sold by
Not Provided
Bought by
Toy Chef Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.54%
Mortgage Type
Commercial
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
324 E Harris St Llc $950,000 --
Jrm Savannah Holdings Llc $890,000 --
Toy Chef Properties Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 324 E Harris St Llc $950,000
Previous Owner Toy Chef Properties Inc $600,000
Previous Owner Toy Chef Properties Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $890,000 -11.0% $133 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,000,000 0.0% $150 / Sq Ft
05/02/2017 05/02/17 Rented $1,500 0.0% --
04/02/2017 04/02/17 Under Contract -- -- --
03/09/2017 03/09/17 For Rent $1,500 +25.0% --
09/03/2014 09/03/14 Rented $1,200 0.0% --
08/18/2014 08/18/14 Under Contract -- -- --
07/23/2014 07/23/14 For Rent $1,200 -- --
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 $17,966 $621,520 $72,480 $549,040
2024 $17,966 $621,520 $72,480 $549,040
2023 $24,784 $621,520 $72,480 $549,040
2022 $12,566 $454,200 $72,480 $381,720
2021 $2,596 $407,640 $72,480 $335,160
2020 $12,872 $407,640 $72,480 $335,160
2019 $24,111 $407,640 $72,480 $335,160
2018 $11,998 $380,000 $73,340 $306,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 174245

Savannah Multi-List Corporation

APN: 2001531010