$375,000
SOLD MAY 29, 2025

404 Butler Ave Unit 231 Tybee Island, GA 31328

2 Beds
2 Baths
1,401 Sq Ft
$991/mo HOA Fee

Recently Sold

$268 Per Sq Ft

9% Below List Price

70 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Traditional Architecture
  • Howard Elementary School Rated A-
  • In Ground Pool
  • 5-minute walk to Tybee Island Memorial Park

About This Home

As of May 2025

This exceptional property offers a fantastic investment opportunity. Featuring two separate units, it can be utilized as one large condo or divided to a one bedroom one bath condo w/living, dining, full kitchen and a hotel suite with bedroom, bath & the ONLY suite unit w/ kitchenette. Each unit boasts its own entrance providing flexibility & privacy for occupants. Whether you're looking to live in one unit & rent out the other or short term rent both for double the income, this property is perfect for a savvy investor. Don't miss out on this versatile and income-generating gem! Situated in a prime oceanfront resort, Beachside Colony, you will enjoy access to two pools, spacious pool decks, onsite restaurant, outside showers, handicap accessible restroom, path to the beach & ocean & grilling/lounging area near the pool. Current owner lives in the suite & onsite management manages the rental of the condo. Unit does not have a balcony or a view. Sold furnished/turnkey investment.

Last Agent to Sell the Property

Lee Ann Marsh

Century 21 Solomon Properties License #245551 Listed on: 03/18/2025

Century 21 Solomon Properties

Last Buyer's Agent

Sara Huiss

BAB SC LLC License #428607

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,480

Year Built

  • Built in 2006

HOA Fees

  • $991 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Laundry in Kitchen

Kitchen

  • Galley Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Ocean Front
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 4-0004-20-110

Community Details

Overview

  • Beachside Colony Subdivision

Amenities

  • Shops

Recreation

  • Beach
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,480

Year Built

Built in 2006

Lot Details

0

HOA Fees

$991 per month

Parking

2

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2006
  • ResoLaundryFeatures: In Kitchen
  • ResoPoolFeatures: In Ground, Community
  • Road Surface Type: Asphalt
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Beachside Colony
  • Architectural Style: Traditional
  • Entry Level: 3
  • Reso Interior Features: Breakfast Bar, Elevator, Galley Kitchen, Main Level Primary
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Tax Year: 2024
  • Master Plan Zoning: R2B
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Stories: 1
  • Waterfront: Yes
  • Acres: 0.01
  • Waterfront Features: Ocean Front, Beach Access
  • Disclosures: Flood Insurance Required, Licensed Vacation Rental
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Underground

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 991.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Beach, Community Pool, Playground, Shopping, Walk to School

Lot Info

  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 436.0
  • Parcel Number: 4-0004-20-110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 29, 2025
Sold by
Henderson Letitia
Bought by
Riedel Bridgette R and Riedel Daniel T
Seller's Agent
Lee Ann Marsh
Century 21 Solomon Properties
Buyer's Agent
Sara Huiss
BAB SC LLC
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.55%
Original Mortgage
$287,579
Outstanding Balance
$287,332
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$155,087

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 28, 2020
Sold by
Hutton Jackson
Bought by
Henderson Letitia
Seller's Agent
Joseph Shields
Century 21 Solomon Properties
Buyer's Agent
Nonmls Sale
NON MLS MEMBER
List Price
$294,900
Sold Price
$287,000
Premium/Discount to List
-$7,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$272,650
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2014
Closed on
Jun 26, 2015
Sold by
D & P Chu Investments Llc
Bought by
Hutton Jackson
Seller's Agent
Sheldon Solomon
Century 21 Solomon Properties
Buyer's Agent
Joseph Shields
Century 21 Solomon Properties
List Price
$199,000
Sold Price
$204,000
Premium/Discount to List
$5,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$163,200
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 28, 2011
Closed on
May 1, 2012
Sold by
The Bank Of New York Mello
Bought by
D & P Chu Investments
Seller's Agent
Ben Bluemle
Seaport Real Estate Group
Buyer's Agent
Bill Miltiades
Bill Miltiades Realty
List Price
$214,900
Sold Price
$109,523
Premium/Discount to List
-$105,377
-49.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%

Purchase Details

Closed on
Nov 14, 2011

Purchase Details

Closed on
Mar 24, 2009
Sold by
Clark Walter T
Bought by
The Clark Unit 231 Residential

Purchase Details

Closed on
Apr 9, 2007
Sold by
Not Provided
Bought by
Romanowski J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $375,000 --
Warranty Deed $287,000 --
Warranty Deed $204,000 --
Warranty Deed $109,524 --
Deed $157,500 --
Deed $157,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,579 New Conventional
Previous Owner $272,650 New Conventional
Previous Owner $163,200 Commercial
Previous Owner $101,854 Commercial
Previous Owner $325,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $375,000 -8.5% $268 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $410,000 +42.9% $293 / Sq Ft
02/28/2020 02/28/20 Sold $287,000 -2.7% $205 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $294,900 +44.6% $210 / Sq Ft
06/26/2015 06/26/15 Sold $204,000 +2.5% $196 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $199,000 +81.7% $191 / Sq Ft
05/22/2012 05/22/12 Sold $109,523 -49.0% $105 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $214,900 -- $206 / 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
2024 $4,553 $232,280 $80,000 $152,280
2023 $3,839 $194,040 $74,000 $120,040
2022 $3,369 $170,720 $74,000 $96,720
2021 $2,611 $114,800 $55,800 $59,000
2020 $5,053 $142,160 $69,120 $73,040
2019 $5,053 $147,080 $69,120 $77,960
2018 $2,619 $110,800 $69,120 $41,680
2017 $2,551 $83,440 $24,200 $59,240
2016 $2,550 $79,160 $0 $79,160
2015 $2,554 $79,160 $0 $79,160
2014 $4,214 $98,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 327663

Savannah Multi-List Corporation

APN: 4000420110