NOT LISTED FOR SALE

412 E Gwinnett St Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $1,530,000 - $2,882,000

8 Beds
4.5 Baths
4,018 Sq Ft
$481/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,020,000 $254 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,559/month

29 Days on Market

Highlights

  • 7,318 Sq Ft lot
  • Deck
  • Victorian Architecture
  • Savannah Arts Academy Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

MARVELOUS INVESTMENT OPPORTUNITY! Income producing Victorian located in Savannah’s Victorian Historic District. This historic home was built in 1899 for Charles A. McIntire, A Sea Captain. The residence was later converted into a historic Triplex. 2 units currently under lease & third is an owner residence. An owner resident can qualify for STVR permission & run other units as AIRBNB. Projected income for AIRBNB is 80,000-100,000. Property attributes include original fireplaces, grand staircases, ornamental moldings, 11 ft ceilings, grand windows provide superb lighting, hardwood floors, updated bathrooms, updated kitchens, six porches, 2 lovely courtyards with extended lawns, 7 off-street parking spaces. Location allows for an easy walk or bike, Uber to all that Historic Savannah offers - Forsyth Park, small quaint coffee shops, shopping, dining, River Street and nightlife. Don’t miss the unique opportunity to own a piece of Savannah History.

Last Agent to Sell the Property

Susanne Ridgeway

Engel & Volkers License #369196 Listed on: 07/14/2021

Engel & Volkers

Last Buyer's Agent

Casey Schivera

Seabolt Real Estate License #345029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1899

Lot Details

  • 7,318 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Home Design

  • Victorian Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,018 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Security Lights

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Garage
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Courtyard
  • Deck
  • Fire Pit
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 2-0044-08-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Year Built

Built in 1899

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1899
  • ResoSecurityFeatures: Security Lights
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Victorian
  • Reso Flooring: Hardwood
  • Property Attached Yn: No
  • Tax Year: 2017
  • Master Plan Zoning: R-2
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Acres: 0.168
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Courtyard, Deck, Fire Pit, Porch
  • Patio And Porch Features: Deck, Front Porch, Porch

Garage/Parking

  • Parking Features: Garage, Off Street, Parking Lot, RearSideOff Street, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Fencing: Wood, Privacy, Yard Fenced
  • Lot Size Area: 0.168
  • Lot Size Sq Ft: 7318.0
  • Parcel Number: 2-0044-08-016
  • ResoLotSizeUnits: Acres
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3096.0
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 14, 2021
Sold by
Osborne Michael
Bought by
Eazzetta Benedict A and Eazzetta Rayssa Resende
Seller's Agent
Susanne Ridgeway
Engel & Volkers
Buyer's Agent
Casey Schivera
Seabolt Real Estate
List Price
$1,060,000
Sold Price
$1,020,000
Premium/Discount to List
-$40,000
-3.77%
Current Estimated Value
$1,933,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,412
Avg. Annual Appreciation
16.70%

Purchase Details

Listed on
Feb 8, 2019
Closed on
May 24, 2019
Sold by
412 East Gwinnett Llc
Bought by
Osborne Michael
Seller's Agent
Casey Anderson
Seabolt Real Estate
Buyer's Agent
Susanne Ridgeway
Engel & Volkers
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%
Original Mortgage
$521,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Mcmasters John
Bought by
412 East Gwinnett Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eazzetta Benedict A $1,020,000 --
Osborne Michael $695,000 --
412 East Gwinnett Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborne Michael $521,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $1,020,000 -3.8% $254 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,060,000 +52.5% $264 / Sq Ft
05/24/2019 05/24/19 Sold $695,000 -4.1% $173 / Sq Ft View Prior Sale
02/08/2019 02/08/19 For Sale $725,000 -- $180 / 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 $4,170 $568,720 $133,400 $435,320
2024 $4,170 $567,480 $133,400 $434,080
2023 $1,584 $473,360 $111,800 $361,560
2022 $1,694 $388,880 $73,600 $315,280
2021 $6,107 $138,880 $58,640 $80,240
2020 $4,168 $132,000 $58,640 $73,360
2019 $5,865 $132,000 $58,640 $73,360
2018 $5,309 $138,880 $58,640 $80,240
2017 $4,941 $124,200 $58,720 $65,480
2016 $3,623 $124,200 $58,720 $65,480
2015 $3,750 $124,200 $58,720 $65,480
2014 $4,618 $83,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susanne Ridgeway

    Engel & Volkers

    Section Image
  • Casey Schivera

    Buyer's Agent in 2021

    Casey Schivera

    Seabolt Real Estate

    (912) 441-7145

    5 in this area

    121 Total Sales

    Casey Schivera
    Section Image
  • Mary Beckmann

    Buyer Co-Listing Agent in 2021

    Mary Beckmann

    Realty One Group Inclusion

    (912) 777-8657

    14 in this area

    30 Total Sales

    Mary Beckmann
    Section Image
  • Casey Anderson

    Seller's Agent in 2019

    Casey Anderson

    Seabolt Real Estate

    (912) 314-4540

    4 in this area

    38 Total Sales

    Casey Anderson
    Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 250894

Savannah Multi-List Corporation

APN: 2004408016

Georgia Chatham County Savannah 31401 Historic Savannah

412 E Gwinnett St, Savannah, GA

Not Listed for Sale

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