NOT LISTED FOR SALE

404 Butler Ave Unit 612 Tybee Island, GA 31328

Estimated Value: $553,000 - $571,000

3 Beds
2 Baths
1,152 Sq Ft
$52/mo HOA Fee

Last Sold June 28, 2023

Last sale price $575,000 $499 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,669/month

95 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Balcony
  • Howard Elementary School Rated A-
  • Community Pool
  • 5-minute walk to Tybee Island Memorial Park

About This Home

As of June 2023

MOTIVATED SELLER ALL OFFERS CONSIDERED. Condo has been used as a secondary home and has active STVR. This condo is a spacious 3 BR 2 BA condo with partial ocean views from the large balcony. This condo is turnkey with tray ceilings and crown molding in the living areas. Fully furnished and ready to be lived in or used for a rental. The Condo's pools have been updated featuring one heated pool and restaurant on site.

Last Agent to Sell the Property

Terri Stewart

Keller Williams Realty Coastal Brokerage Phone: 4785085274 License #405370 Listed on: 03/10/2023

Keller Williams Realty Coastal

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • Ocean Front
  • Two or More Common Walls

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Combination Dining and Living Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, maintenance exterior, ground maintenance
  • Beachside Colony Subdivision

Recreation

  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,427

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • ArchitecturalStyle: Other
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Washer
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Interior Amenities: Tray Ceiling(s)
  • Full Bathrooms: 2
  • Flooring: Tile

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled
  • Roof: Tar/Gravel
  • View: Ocean

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 618
  • Association: Yes
  • Community Features: Gated, Playground, Pool

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds

Schools

  • Elementary School: Other
  • High School: Other
  • Middle School: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4427.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jun 28, 2023
Sold by
Rushing R Yvette
Bought by
Merrick Michael Allen and Merrick Stephanie Perkins
Seller's Agent
Terri Stewart
Keller Williams Realty Coastal
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
649
Current Estimated Value
$559,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,232
Avg. Annual Appreciation
-1.08%
Original Mortgage
$460,000
Outstanding Balance
$449,027
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$110,741

Purchase Details

Closed on
Mar 29, 2021
Sold by
Landers Taylor
Bought by
Rushing R Yvette

Purchase Details

Closed on
May 25, 2018
Sold by
Gale Albert Lamar
Bought by
Taylor Landers and Landers Christie

Purchase Details

Closed on
Aug 28, 2006
Sold by
Not Provided
Bought by
Gale Albert Lamar and Gale Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Lowe Glenn M
Bought by
Angle James and Angle Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.6%
Mortgage Type
Commercial
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
Merrick Michael Allen $575,000 --
Rushing R Yvette $345,000 --
Taylor Landers $315,000 --
Gale Albert Lamar $438,000 --
Angle James $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrick Michael Allen $460,000
Previous Owner Gale Albert Lamar $350,400
Previous Owner Angle James $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $575,000 -4.2% $499 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $599,900 -- $521 / Sq Ft
Source: Georgia MLS

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 $8,061 $222,200 $80,000 $142,200
2024 $8,061 $219,760 $80,000 $139,760
2023 $5,802 $183,080 $74,000 $109,080
2022 $4,555 $138,000 $63,080 $74,920
2021 $6,148 $135,520 $69,120 $66,400
2020 $4,329 $134,800 $69,120 $65,680
2019 $4,329 $126,000 $61,866 $64,134
2018 $3,120 $105,560 $69,120 $36,440
2017 $3,638 $80,760 $27,640 $53,120
2016 $3,638 $112,920 $27,640 $85,280
2015 $3,728 $115,520 $0 $115,520
2014 $5,514 $115,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10164373

Georgia MLS

APN: 4000420068