NOT LISTED FOR SALE

500 River Bend Rd Richmond Hill, GA 31324

Estimated Value: $580,000 - $1,061,000

3 Beds
3 Baths
2,934 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $768,000 $262 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,377/month

74 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Deep Water Access
  • Dr. George Washington Carver Elementary School Rated A-
  • Private Dock
  • RV Parking in Community

About This Home

As of January 2022

Live on the water in a fully updated, amenity packed home, with a low cost of ownership. This 3BR/3BA home overlooks the Ogeechee River yet is not in the floodplain and is not subject to city taxes. Dock your boat with existing 30A shore power and take afternoon cruises to Fishtales Restaurant/Marina or wander through the former Ford rice canals in search of the perfect fishing spots. The home features oversize, dual oven natural gas range, dual dish drawers, built-in fridge, and white marble countertops. Visit the wet bar, complete with ice maker and beverage cooler, before walking out to your screened porch with sunken hot tub overlooking the river. The community has a private boat ramp and storage yard and is less than a mile from Publix. Roof, HVAC, and exterior paint are all less than 2 years old. This home also has mature lime, grapefruit, tangerine, and peach trees, and raised gardens for those with a green thumb. True coastal living with convenience and the best schools.

Last Agent to Sell the Property

Heather Booth

BHHS Bay Street Realty Group License #314371 Listed on: 11/12/2021

BHHS Bay Street Realty Group

Last Buyer's Agent

Melissa Taylor

Daniel Ravenel SIR License #363373

Daniel Ravenel SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1983

Lot Details

  • 0.56 Acre Lot
  • Waterfront
  • Interior Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Cedar

Interior Spaces

  • 2,934 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Breakfast Room

Kitchen

  • Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deep Water Access
  • 1 Dock Slip
  • Private Dock
  • Uncovered Dock
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Community Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0601-003

Community Details

Overview

  • Sterling Cove HOA
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1983

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Annual Flood Insurance: 2028
  • Construction: Cedar
  • Current Zoning: R-1
  • Flood Insurance: Yes
  • Inclusions: Ceiling Fans
  • Legal Description: 20GMD L#12 THE COVE PH I PBK:1
  • Legal Subdivision: Cove Ph I
  • List Price Per Sq Ft: 267.36
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Marina/Dock
  • Road Surface: Asphalt
  • Style: Cape Cod
  • Year Built: 1983
  • Zoning Description: Single Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric, Fireplace, Ice Maker MacHine, Range
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplace Location: Great Room
  • Interior: Bookcases Built-In, Ceilings; 9' Plus, Foyer; 2-Story, Foyer; Entrance, Recessed Lights
  • Kitchen / Breakfast: Breakfast Room, Island, Pantry
  • Laundry: Laundry Room, Washer Connection
  • Total Sq Ft: 2934

Exterior Features

  • Exterior House: Fire Pit, Patio-Covered, Porch
  • Water Frontage Type: Deep Water
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Numof Slips: 1
  • Parking Description: Attached, Auto Garage Door, Side/Rear Entrace

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central, Heat Pump
  • Heating Type: Central, Heat Pump
  • Num Cooling Units: 2
  • Num Heating Units: 2
  • Num Water Heaters: 1
  • Sewer: Septic Tank
  • Underground Utilities: Yes
  • Water: Community Well
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annual
  • Association Name: Sterling Cove HOA
  • Association: Yes
  • Community: Boat Ramp, Boat/Camper/Van Parking

Schools

  • Elementary School: Richmond Hill
  • High School: Richmond Hill

Lot Info

  • Dock Slip Description: Boat Slip-Uncovered, Dock-Uncovered, Private
  • Dock: Yes
  • Exterior Lot: Sprinkler System
  • List Price Per Acre: 1400792.86
  • Lot Description: Interior, Level
  • Lot Dimension: 100x242x100x252/24,394
  • Lot Num: 12
  • Lot Size Sq Ft: 24394
  • Lot View: Deep Water
  • Num Acres: 0.5600
  • Parcel Number: 0601-003
  • Property Description: Estate Lot

Tax Info

  • Annual Tax: 3164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 26, 2022
Sold by
Jewell John
Bought by
Mccann Leslie Hayes and Mccann William Thomas
Seller's Agent
Heather Booth
BHHS Bay Street Realty Group
Buyer's Agent
Melissa Taylor
Daniel Ravenel SIR
List Price
$800,000
Sold Price
$768,000
Premium/Discount to List
-$32,000
-4%
Current Estimated Value
$879,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,539
Avg. Annual Appreciation
3.87%
Original Mortgage
$468,000
Outstanding Balance
$438,729
Interest Rate
3.56%
Mortgage Type
Cash
Estimated Equity
$440,945

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 6, 2017
Sold by
Chen Mei Ying
Bought by
Jewell John and Jewell Amanda
Seller's Agent
Karen Hewitt
Keller Williams Coastal Area P
Buyer's Agent
Shannon Hornick
Better Homes and Gardens Real
List Price
$535,000
Sold Price
$428,000
Premium/Discount to List
-$107,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%
Original Mortgage
$342,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2013
Closed on
Sep 12, 2014
Sold by
Elders Jerry Jefferson
Bought by
Chen Bo Zong and Chan Mei Ying
Seller's Agent
Paulette Parker
Keller Williams Coastal Area P
Buyer's Agent
Karen Hewitt
Keller Williams Coastal Area P
List Price
$475,000
Sold Price
$415,000
Premium/Discount to List
-$60,000
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$220,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1996
Bought by
Elders Jerry Jeffers

Purchase Details

Closed on
Jul 1, 1990
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
Mccann Leslie Hayes $768,000 --
Jewell John $428,000 --
Chen Bo Zong $415,000 --
Elders Jerry Jeffers $185,000 --
-- $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann Leslie Hayes $468,000
Previous Owner Jewell John $342,400
Previous Owner Chen Bo Zong $220,000
Previous Owner Chen Bo Zong $55,000
Previous Owner Elders Jerry Jefferson $100,000
Previous Owner Elders Jerry Jefferson $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $768,000 -2.1% $262 / Sq Ft
12/03/2021 12/03/21 Price Changed $784,444 -1.9% $267 / Sq Ft
11/12/2021 11/12/21 For Sale $800,000 +86.9% $273 / Sq Ft
10/06/2017 10/06/17 Sold $428,000 -20.0% $146 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/06/2016 08/06/16 For Sale $535,000 +28.9% $182 / Sq Ft
09/12/2014 09/12/14 Sold $415,000 -12.6% $148 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
06/18/2013 06/18/13 For Sale $475,000 -- $170 / 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 $6,663 $285,640 $128,000 $157,640
2023 $6,663 $271,940 $120,000 $151,940
2022 $4,588 $185,348 $120,000 $65,348
2021 $4,636 $183,388 $120,000 $63,388
2020 $4,564 $183,388 $120,000 $63,388
2019 $4,418 $171,252 $110,000 $61,252
2018 $4,382 $171,732 $110,000 $61,732
2017 $3,398 $177,172 $110,000 $67,172
2016 $3,391 $175,452 $110,000 $65,452
2015 $3,164 $173,452 $110,000 $63,452
2014 $3,400 $175,552 $110,000 $65,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 260917

Savannah Multi-List Corporation

APN: 0601-003