$300,000
SOLD JUN 3, 2019

5 Cedar Cove Savannah, GA 31410

4 Beds
3.5 Baths
3,421 Sq Ft
0.4 Acres

Recently Sold

$88 Per Sq Ft

22% Below List Price

227 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Whirlpool Bathtub
  • Howard Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of March 2022

Enjoy island living in this 2-story raised home overlooking the marsh on desirable Wilmington Island!
Features include new vinyl flooring, formal dining room, large den off kitchen, fully-equipped kitchen includes breakfast bar, stainless steel appliances, and tons of cabinet space! Living room with soaring ceilings, built-in bookcases, and wood-burning fireplace. DOUBLE master suites on main floor. Second floor features office nook and two great bedrooms with jack and jill bathroom.
Large basement offers endless possibilities! Spacious back deck overlooks beautiful views of palm trees and the tidal creek. HUGE 2-car-garage. Large amount of storage underneath the home!
Home is in a private cul-de-sac, conveniently located close to shopping, schools, Tybee Island, and 10 minutes to Downtown Savannah!

Last Agent to Sell the Property

Chelsea Phillips

Six Bricks LLC License #349197 Listed on: 08/30/2018

Last Buyer's Agent

Carol Barrett

Keller Williams Coastal Area P License #128748

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,951

Year Built

  • Built in 1989

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 39x166x171x180
  • Property fronts a marsh
  • Cul-De-Sac
  • Level Lot
  • Tidal Wetland on Lot

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
  • Family Room with Fireplace
  • Storage Room
  • Basement Storage

Kitchen

  • Breakfast Area or Nook
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Single Vanity
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer

Parking

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

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-0042-01-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,951

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Construction: Brick, Frame
  • Flood Insurance: Yes
  • Legal Description: LOT #38 SHEFTALL ON THE MARSH SUBDIVISION
  • Legal Subdivision: Shedtall On The Marsh
  • List Price Per Sq Ft: 95.00
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt
  • Style: Traditional
  • Year Built: 1989
  • Advertised Subdivision: Sheftall on the Marsh
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fireplace, Gas, Hood Fan, Range, Refrigerator
  • Attic: Walkin
  • Basement: Entrance-Outside, Unfinished, Walk Out
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplace Location: Family Room
  • Interior: Bookcases Built-In, Foyer; Entrance
  • Kitchen / Breakfast: Breakfast Area, Pantry
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Primary Bathroom Features: Garden Tub, Single Vanity, Whirlpool Bath
  • Master Bedroom Description: Master Main
  • Fireplaces: 1
  • Room Count: 2
  • Total Sq Ft: 3421

Exterior Features

  • Exterior House: Deck, Front Porch, Porch
  • Foundation: Off Ground
  • Roof: Asphalt
  • Water Frontage Type: Marsh Front, Tidal Creek

Garage/Parking

  • Garage Spaces: 2
  • Num Parking Pad: 6
  • Parking Description: Attached, Auto Garage Door, Off Street, Storage Room

Utilities

  • Cable: Cable Access, Cable Ready
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 1
  • 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

Lot Info

  • List Price Per Acre: 812500.00
  • Lot Description: Cul-De-Sac, Level
  • Lot Dimension: 39X166X171X180
  • Lot Size Sq Ft: 17424
  • Lot View: Marsh, Tidal Creek
  • Num Acres: 0.4000
  • Parcel Number: 1-0042-01-068
  • Property Description: Full Size Lot

MLS Schools

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

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
Current Estimated Value
$724,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,924
Avg. Annual Appreciation
8.24%
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 Type Sale Price Title Company
Warranty Deed $550,000 --
Warranty Deed $300,000 --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Open $412,500 New Conventional
Previous Owner $306,450 No Value Available
Previous Owner $75,293 New Conventional
Previous Owner $77,903 New Conventional
Previous Owner $125,000 New Conventional
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: 196032

Savannah Multi-List Corporation

APN: 1004201068