NOT LISTED FOR SALE

340 Abercorn St Unit 1 Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $2,021,000 - $2,451,000

3 Beds
2 Baths
1,500 Sq Ft
2,091 Sq Ft Lot

Highlights

  • Central Heating and Cooling System
  • Savannah Arts Academy Rated A+
  • 3-minute walk to Calhoun Square

About This Home

As of July 2014

A rare find in the heart of Downtown Savannah that won't last long! 3 bed 2 bath 1st floor condo near Layfayette Square on the St. Pat's parade route. Hardwood Floors, nice kitchen, great back porch, laundry included.

Last Agent to Rent the Property

Chris McCormick

Steven A. McCormick License #355816 Listed on: 06/04/2014

Co-Listed By

Cliff Murse

Cliff Murse Realty, LLC License #339372

Last Renter's Agent

Chris McCormick

Steven A. McCormick License #355816 Listed on: 06/04/2014

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,076

Year Built

  • Built in 1880

Lot Details

  • 2,091

Parking

  • On-Street Parking

Home Design

  • 1,500 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Pets Allowed
  • Pet Deposit $250

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for cable, electric, gas, sewer, telephone, trash, water
  • Assessor Parcel Number 2-0032-08-008

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,076

Year Built

Built in 1880

Lot Details

0

Rental Info

  • Date Available: 07/01
  • Pet Deposit: 250
  • Pets Allowed: Yes
  • Security Deposit: 2000
  • Security Deposit: Yes
  • Tenant Pays: Cable, Electric, Gas, Sewer, Telephone, Trash, Water

Listing Details

  • Legal Description: SOUTH PORTION OF LT 39 LAFAYETTE WARD PRB 27P 75 .05AC
  • List Price Per Sq Ft: 1.33
  • Property Sub Type: Condominium
  • Property Type: Rental
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1500

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cooling Type: Central
  • Heating Type: Central

Condo/Co-op/Association

  • Co-Op Fee: $100

Lot Info

  • Lot Num: 39
  • Parcel Number: 2-0032-08-008
  • Property Description: Condominium Conversion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2011
Sold by
The Coastal Bank
Bought by
Tally Properties Llc
Current Estimated Value
$2,231,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,500
Outstanding Balance
$908,964
Interest Rate
4.57%
Mortgage Type
Commercial
Estimated Equity
$1,322,742

Purchase Details

Closed on
Mar 1, 2011
Sold by
Thomann Louis A
Bought by
The Coastal Bank

Purchase Details

Closed on
Oct 6, 2009
Sold by
340 Abercorn Street Llc
Bought by
Thomann Louis A

Purchase Details

Closed on
Nov 26, 2008
Sold by
Not Provided
Bought by
Tally Properties Llc
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
Tally Properties Llc $650,000 --
The Coastal Bank $650,000 --
The Coastal Bank $650,000 --
Thomann Louis A -- --
Tally Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tally Properties Llc $1,317,500
Previous Owner Thomann Louis A $234,089
Closed Tally Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Rented $2,000 0.0% --
07/08/2014 07/08/14 Under Contract -- -- --
06/04/2014 06/04/14 For Rent $2,000 -- --
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 $21,076 $592,560 $100,000 $492,560
2024 $21,076 $674,280 $146,000 $528,280
2023 $18,107 $620,000 $187,600 $432,400
2022 $10,851 $457,960 $58,000 $399,960
2021 $10,633 $352,000 $49,280 $302,720
2020 $11,115 $352,000 $49,280 $302,720
2019 $13,293 $352,000 $50,400 $301,600
2018 $11,114 $352,000 $50,400 $301,600
2017 $9,495 $387,160 $50,400 $336,760
2016 $9,447 $323,800 $50,400 $273,400
2015 -- $9,076 $0 $0
2014 $18,444 $360,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2014

    Chris McCormick

    Steven A. McCormick

    Section Image
  • Cliff Murse

    Landlord's Co-Listing Agent in 2014

    Cliff Murse

    Cliff Murse Realty, LLC

    (205) 706-6863

    7 in this area

    41 Total Sales

    Cliff Murse
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 123775

Savannah Multi-List Corporation

APN: 2003208008

Georgia Chatham County Savannah 31401 Historic Savannah

340 Abercorn St Unit 1, Savannah, GA

This home is located at 340 Abercorn St Unit 1, Savannah, GA 31401 since 04 June 2014 and is currently priced at $2,231,706. This property was built in 1880. 340 Abercorn St Unit 1 is a home located in Chatham County with nearby schools including Spencer Elementary School, Hubert Middle School, and Savannah Arts Academy.

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