NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,424,000

4 Beds
2 Baths
3,068 Sq Ft
$414/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $590,000 $192 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,400/month

262 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Jogging Path
  • Savannah Arts Academy Rated A+
  • Wood Flooring
  • 4-minute walk to Whitefield Square

About This Home

As of February 2018

Lovely concrete stone exterior in an amazing location on East Hall Street consisting of two, 2 bedroom, 1.5 bath apartments. Live in one apartment and use the other for extra income! Wonderful welcoming front porch at the entry. Upstairs apartment has two large outdoor terraces. Downstairs apartment has a covered side porch. Each apartment has access to the large courtyard and off street parking. Roof is approx. 4 years old, and the HVAC in the downstairs apartment is fairly new. Excellent rental history. The upstairs apartment is currently used as a very successful vacation rental that nets around $4,000.00 monthly. There are 5 non-working fireplaces that the seller believes could be opened and used as gas operating logs/coal baskets. There are permanent stairs to the attic that has windows and electrical in place and with permitting can be finished as additional space. The seller has a short term vacation rental certificate issued by the City of Savannah for both units.

Last Agent to Sell the Property

Richard Sturgess

Savannah Realty License #145467 Listed on: 06/06/2017

Last Buyer's Agent

Helen Johnson

Daniel Ravenel SIR License #332178

Daniel Ravenel SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1900

Lot Details

  • 3,528 Sq Ft Lot
  • 1 Common Wall
  • Fenced Yard
  • Wood Fence
  • Interior Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Single Self-Cleaning Oven
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Front Porch

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2-0044-08-025

Community Details

Overview

  • 2 Units

Recreation

  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,545

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Stone/Frame, Wood
  • Current Zoning: R-2
  • Inclusions: Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: LOT B-2
  • List Price Per Sq Ft: 195.24
  • Property Sub Type: Duplex
  • Property Type: Multifamily
  • Road Surface: Asphalt, Curb & Gutter, Paved
  • Style: Traditional
  • Year Built: 1900
  • Zoning Description: Multi Family
  • Advertised Subdivision: Historic Savannah
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric, Hood Fan, Icemaker Connection, Range/Oven, Refrigerator, Self-Clean Oven, Single Oven
  • Attic: Stairs, Walkin
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Common Walls: 1 Commonwalls
  • Floors: Ceramic, Hardwood
  • Laundry: Laundry Room
  • Total Sq Ft: 3068

Exterior Features

  • Exterior House: Balcony, Courtyard, Deck, Front Porch, Terrace
  • Foundation: Off Ground
  • Roof: Asphalt

Garage/Parking

  • Num Parking Pad: 2
  • Parking Description: Off Street, Street Parking

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Electric: 110 Volt, 220 Volt
  • Gas: Natural Gas
  • Heating Type: Central, Forced Air
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Paths/Bike-Walk, Sidewalks, Street Lights, Walk To School, Walk To Shopping

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Exterior Lot: Alley, Fenced Yard, Privacy Fence
  • Fencing: Privacy, Wood
  • List Price Per Acre: 7395061.73
  • Lot Description: City, Interior, Level
  • Lot Num: B-2
  • Lot Size Sq Ft: 3528
  • Num Acres: 0.0810
  • Parcel Number: 2-0044-08-025
  • Property Attached: Yes

Tax Info

  • Annual Tax: 4545

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Feb 23, 2018
Sold by
Alonzo
Bought by
Spencer Pepe and Pepe Xaviera
Seller's Agent
Richard Sturgess
Savannah Realty
Buyer's Agent
Helen Johnson
Daniel Ravenel SIR
List Price
$699,900
Sold Price
$590,000
Premium/Discount to List
-$109,900
-15.7%
Current Estimated Value
$1,271,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,295
Avg. Annual Appreciation
10.38%
Original Mortgage
$442,500
Outstanding Balance
$376,252
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$895,043

Purchase Details

Closed on
Mar 28, 2016
Sold by
Burgess May A
Bought by
Alonzo Jason Tyler and Alonzo Burgess May

Purchase Details

Closed on
Feb 11, 2015
Sold by
Burgess Walter
Bought by
Burgess May A

Purchase Details

Closed on
Jan 30, 2015
Sold by
Burgess Walter
Bought by
Burgess May A

Purchase Details

Closed on
Feb 16, 2013
Sold by
Burgess May A
Bought by
Burgess Walter

Purchase Details

Closed on
Feb 6, 2013
Sold by
Burgess May A
Bought by
Burgess Walter
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
Spencer Pepe $590,000 --
Alonzo Jason Tyler -- --
Alonzo Jason Tyler Trustee -- --
Burgess May A -- --
Burgess May A -- --
Burgess Walter -- --
Burgess Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Pepe $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $590,000 -15.7% $192 / Sq Ft
06/06/2017 06/06/17 For Sale $699,900 -- $228 / 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 $20,475 $524,480 $100,000 $424,480
2024 $20,475 $555,520 $163,800 $391,720
2023 $4,897 $404,280 $124,800 $279,480
2022 $7,541 $335,360 $84,240 $251,120
2021 $10,795 $244,640 $35,560 $209,080
2020 $7,452 $230,120 $35,560 $194,560
2019 $10,485 $236,000 $33,040 $202,960
2018 $6,176 $195,600 $35,560 $160,040
2017 $5,149 $175,600 $35,560 $140,040
2016 $4,545 $155,800 $35,560 $120,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 175060

Savannah Multi-List Corporation

APN: 2004408025