NOT LISTED FOR SALE

5 8th Place Tybee Island, GA 31328

Estimated Value: $1,079,000 - $1,288,000

3 Beds
2.5 Baths
2,465 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $1,160,000 $471 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,236/month

2 Days on Market

Highlights

  • Community Beach Access
  • Low Country Architecture
  • Screened Porch
  • Howard Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of October 2023

Classic 1945 Tybee beach house has been lovingly restored by the current owners, presently used as a 2nd home and busy vacation rental. Sleeps 12. The cottage is just off the dunes, on a quiet, private street, the beachside of Butler. Highlights: board and batten in the baths, fresh paint throughout, wrapped screen porch w/ direct access to the main living area, owner’s suite, & laundry room. The large, light-filled kitchen is the center of the home, w/ a dine-in area, roomy island, walk-in pantry & dumb waiter from the parking level. The large living space is lined w/ windows to the porch. Three bedrooms & both full baths are on the main level. The owners have enclosed the original attic, adding approx. 400 square feet of living space- creating an awesome flex space/ bunk room. The raised property has an assumable flood policy of $488/yr, 3 off-street parking spaces w/ large area under the home for storage. New metal roof and new mini-split to cool the upstairs.

Last Agent to Sell the Property

ALISON HARRIS

Keller Williams Coastal Area P License #303569 Listed on: 06/02/2023

Keller Williams Coastal Area P

Last Buyer's Agent

George Hassell

Brand Name Real Estate, Inc License #164839

Brand Name Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,347

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Low Country Architecture
  • Bungalow
  • Block Foundation
  • Frame Construction
  • Composition Roof
  • Asbestos

Interior Spaces

  • 2,465 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • May Howard Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Community Beach Access
  • Tennis Courts
  • Volleyball Courts
  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 4-0006-03-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,347

Year Built

Built in 1945

Lot Details

0

Listing Details

  • GarageYN: No
  • Construction: Asbestos, Frame
  • Flood Insurance: Yes
  • Legal Description: LOT 5 SUB OF BEACH LOT 52 WARD 2
  • List Price Per Sq Ft: 486.82
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Playground, Tennis Courts, Volleyball
  • Road Surface: Asphalt
  • Style: Bungalow, Low Country
  • Year Built: 1945
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Attic: Walkin
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace Features: Non-Working
  • Fireplace Location: Living Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry
  • Laundry: Laundry Room
  • Master Bedroom Description: Master Main
  • Fireplaces: 1
  • Room Count: 1
  • Total Sq Ft: 2465

Exterior Features

  • Exterior House: Front Porch, Screen Porch, Wrap Porch
  • Foundation: Block, Off Ground
  • Nameof Waterway: Atlantic Ocean
  • Roof: Composition

Garage/Parking

  • Num Parking Pad: 3
  • Parking Description: Drive Under/Basement, Off Street

Utilities

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Sidewalks, Street Lights, Walk To School, Walk To Shopping

Schools

  • Elementary School: May Howard
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • List Price Per Acre: 9230769.23
  • Lot Size Sq Ft: 5663
  • Num Acres: 0.1300
  • Parcel Number: 4-0006-03-002
  • Property Description: Full Size Lot

MLS Schools

  • Elementary School: May Howard
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Oct 2, 2023
Sold by
Bostwick Amelia Sheehan
Bought by
Bostwick Amelia Sheehan and Bostwick Daniel Cone
Seller's Agent
ALISON HARRIS
Keller Williams Coastal Area P
Buyer's Agent
George Hassell
Brand Name Real Estate, Inc
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Total Days on Market
2
Views
342
Current Estimated Value
$1,199,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,336
Avg. Annual Appreciation
0.74%
Original Mortgage
$999,999
Outstanding Balance
$984,490
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$190,981

Purchase Details

Closed on
Jun 2, 2022
Sold by
Denney Austin K
Bought by
B Bops Beach House Llc

Purchase Details

Closed on
Mar 1, 2021
Sold by
Denney Austin K
Bought by
Denney Austin K and Denney Erica

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 14, 2020
Sold by
Clark Nancie M Estate
Bought by
Denney Austin K
Seller's Agent
Keith Gay
Century 21 Solomon Properties
Buyer's Agent
ALISON HARRIS
Keller Williams Coastal Area P
List Price
$479,500
Sold Price
$479,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
Original Mortgage
$383,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bostwick Amelia Sheehan -- --
Bostwick Amelia Sheehan $1,160,000 --
Denney Austin -- --
B Bops Beach House Llc -- --
Denney Austin K -- --
Denney Austin K $479,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denney Austin $999,999
Previous Owner Denney Austin K $383,600
Previous Owner Clark Nancie M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $1,160,000 -3.3% $471 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,200,000 +150.3% $487 / Sq Ft
12/14/2020 12/14/20 Sold $479,500 0.0% $249 / Sq Ft
11/05/2020 11/05/20 For Sale $479,500 -- $249 / 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 $19,347 $450,320 $180,000 $270,320
2023 $9,061 $285,920 $180,000 $105,920
2022 $4,896 $261,040 $180,000 $81,040
2021 $4,841 $145,680 $84,494 $61,186
2020 $5,005 $145,680 $84,494 $61,186
2019 $4,661 $159,600 $92,160 $67,440
2018 $4,694 $145,680 $92,160 $53,520
2017 $4,694 $145,680 $92,160 $53,520
2016 $4,694 $158,000 $92,160 $65,840
2015 $2,340 $145,680 $92,960 $52,720
2014 $7,056 $147,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 289143

Savannah Multi-List Corporation

APN: 4000603002