NOT LISTED FOR SALE

5 Cedar Cove Savannah, GA 31410

Estimated Value: $709,000 - $737,000

4 Beds
3.5 Baths
3,421 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $550,000 $161 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,605/month

35 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Breakfast Area or Nook
  • Howard Elementary School Rated A-
  • Private Yard
  • Balcony

About This Home

As of March 2022

Looking for a home on Wilmington Island, well your search is over .. .! We have a stately raised two-story home, on a quiet cut-de-sac, in the well established "Sheftall on the Marsh" neighborhood. The home is move-in-ready with 4 bedrooms, 3 1/2 baths, a den, formal dining room, kitchen, living/family room, with views of the marsh, a wood burning fireplace, built-ins and a high sloping ceiling.
The kitchen features a breakfast bar, stainless appliances and cabinets, above and below. This unique home has 2 master bedrooms with private baths on the main level and 2 bedrooms and a jack & jill bath on the upper level. On the lower level is a 2 car garage and unfinished storage rooms. The home is located on a large lot, with mature landscaping.
Although located on a quiet cul-de-sac, #5 Cedar Cove is convenient for shopping, schools, downtown Savannah and Tybee Island. This home is a must see and want last long!

Last Agent to Sell the Property

Tommy Thompson

BHHS Bay Street Realty Group License #337431 Listed on: 01/31/2022

BHHS Bay Street Realty Group

Last Buyer's Agent

Jimmy Grayson

Keller Williams Coastal Area P License #364277

Keller Williams Coastal Area P

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1989

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 39x166x171x180
  • Property fronts a marsh
  • Irregular Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,421 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Front Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1004201068

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,157

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Construction: Brick/Siding, Frame
  • Current Zoning: R1
  • Fire Department Dues: Yes
  • Flood Insurance: Yes
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Refrigerator, Water Treatment
  • Legal Description: LT 38 SHEFTALL ON THE MARSH SUB
  • Legal Subdivision: Sheftall On The Marsh Sub
  • List Price Per Sq Ft: 160.77
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt
  • Style: Traditional
  • Year Built: 1989
  • Zoning Description: Single Family
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Attic: Scuttle
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplace Location: Living Room
  • Interior: Bookcases Built-In
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Country Kitchen, Pantry
  • Laundry: Dryer Connection, Washer Connection
  • Primary Bathroom Features: Tub/Shower
  • Fireplaces: 1
  • Total Sq Ft: 3421

Exterior Features

  • Exterior House: Balcony, Front Porch
  • Foundation: Off Ground
  • Roof: Asphalt
  • Water Frontage Type: Marsh Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Num Parking Pad: 4
  • Parking Description: Attached, Auto Garage Door, Off Street

Utilities

  • Cable: Cable Access, Cable Ready
  • Cooling Type: Central
  • Electric: 110 Volt, 220 Volt
  • Heating Type: Central, Forced Air, Heat Pump
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Walk To School, Walk To Shopping

Schools

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

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • List Price Per Acre: 1375000.00
  • Lot Description: Irregular, Private Backyard, Wooded
  • Lot Dimension: 39X166X171X180
  • Lot Num: 38
  • Lot Size Sq Ft: 17424
  • Lot View: Marsh
  • Num Acres: 0.4000
  • Parcel Number: 1004201068
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 5157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 7, 2022
Sold by
Gessler James
Bought by
Small Kenneth and Small Wendy
Seller's Agent
Tommy Thompson
BHHS Bay Street Realty Group
Buyer's Agent
Jimmy Grayson
Keller Williams Coastal Area P
List Price
$550,000
Sold Price
$550,000
Total Days on Market
35
Current Estimated Value
$720,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,584
Avg. Annual Appreciation
8.61%
Original Mortgage
$412,500
Outstanding Balance
$387,935
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$332,649

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jun 3, 2019
Sold by
Formey Patricia D
Bought by
Gessler James and White Diana
Seller's Agent
Chelsea Phillips
Six Bricks LLC
Buyer's Agent
Carol Barrett
Keller Williams Coastal Area P
List Price
$385,000
Sold Price
$300,000
Premium/Discount to List
-$85,000
-22.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%
Original Mortgage
$306,450
Interest Rate
4.1%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Ameris Bank
Bought by
Formey Sylvester and Formey Patricia D

Purchase Details

Closed on
Nov 28, 2006
Sold by
Not Provided
Bought by
Formey Sylvester C and Formey Patricia
Source: Public Records

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Range of Values:

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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
Small Kenneth $550,000 --
Gessler James $300,000 --
Formey Sylvester -- --
Formey Sylvester C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Kenneth $150,000
Open Small Kenneth $412,500
Previous Owner Gessler James $306,450
Previous Owner Formey Sylvester $75,293
Previous Owner Formey Sylvester $77,903
Previous Owner Formey Sylvester C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $550,000 0.0% $161 / Sq Ft
01/31/2022 01/31/22 For Sale $550,000 +83.3% $161 / Sq Ft
06/03/2019 06/03/19 Sold $300,000 -7.7% $88 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $325,000 -7.1% $95 / Sq Ft
01/24/2019 01/24/19 Price Changed $350,000 -6.7% $102 / Sq Ft
12/14/2018 12/14/18 Price Changed $375,000 -2.6% $110 / Sq Ft
08/30/2018 08/30/18 For Sale $385,000 -- $113 / 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 $6,951 $252,880 $50,000 $202,880
2023 $6,055 $219,560 $30,000 $189,560
2022 $5,046 $201,120 $30,000 $171,120
2021 $5,621 $159,280 $30,000 $129,280
2020 $4,558 $120,000 $24,400 $95,600
2019 $4,668 $147,520 $30,000 $117,520
2018 $3,935 $145,160 $30,000 $115,160
2017 $3,879 $132,640 $30,000 $102,640
2016 $3,948 $132,160 $30,000 $102,160
2015 $3,705 $117,240 $30,000 $87,240
2014 $5,473 $119,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 263791

Savannah Multi-List Corporation

APN: 1004201068