NOT LISTED FOR SALE

502 E Jones St Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $566,470 - $769,000

1 Bed
1 Bath
651 Sq Ft
$998/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2020

Last sale price $385,000 $591 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,095 / mo

24 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Savannah Arts Academy Rated A+
  • Central Air
  • 2-minute walk to Troup Square

About This Home

As of June 2020

Are you ready to own a turn key vacation rental in beautiful Savannah, Georgia? Here's your opportunity! This UNIQUE historic cottage was once a grocery store circa 1930, but is now a single family home (not a condo) with a coveted Jones Street address. The signature "corner store" doors greet you out front and inside every inch of the 650 square feet has been thoughtfully renovated. The interior is bright and cheerful with an attractive layout designed for the best use of space. An open kitchen and living area lead to a partitioned bedroom and full bathroom. Sliding doors allow you to step out into a lush private courtyard. Off the back of the home two utility rooms offer storage and a washer/dryer area. This home has it all, the Historic District location, an STVR/vacation rental license, proven rental history, and a turn key interior. This property typically brings in $40,000 + in gross rental income annually. Schedule your showing today!

Last Agent to Sell the Property

Pamela Peterson

Seabolt Real Estate License #352813 Listed on: 04/22/2020

Last Buyer's Agent

Justin Hart

Seabolt Real Estate License #344334

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot
  • Property is zoned RIP

Parking

  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 651 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2-0014-19-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 1900

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Water Heater
  • Original List Price: 395000.00
  • Architectural Style: Other
  • Living Area: 651.00
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Laundry Features: Laundry Room
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1

Garage/Parking

  • Parking Features: On Street

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Has H O A?: No

Lot Info

  • Zoning: RIP
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871.00
  • Parcel#: 2-0014-19-021

Tax Info

  • Tax Year: 2018
  • Tax Lot: 22
  • Tax Amount: 3708

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jul 10, 2020
Sold by
Bought by
Seller's Agent
Pamela Peterson
Seabolt Real Estate
Buyer's Agent
Justin Hart
Seabolt Real Estate
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$649,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,868
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 15, 2020
Sold by
Bought by
Seller's Agent
Pamela Peterson
Seabolt Real Estate
Buyer's Agent
Justin Hart
Seabolt Real Estate
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Purchase Details

Closed on
Feb 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$385,000 --
$360,000 --
$93,432 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Previous Owner $146,250
Previous Owner $125,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $385,000 -2.5% $591 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $395,000 -- $607 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,661 $231,380 $63,000 $168,380
2024 $66 $236,720 $63,000 $173,720
2023 $6,601 $226,040 $48,000 $178,040
2022 $4,747 $194,120 $32,400 $161,720
2021 $7,187 $154,000 $17,360 $136,640
2020 $3,792 $120,080 $17,560 $102,520
2019 $5,335 $120,080 $17,560 $102,520
2018 $5,282 $117,440 $17,560 $99,880
2017 $3,586 $104,960 $17,560 $87,400
2016 $2,276 $78,000 $17,760 $60,240
Source: Public Records

Agents Affiliated with this Home

  • Pamela Peterson

    Seller's Agent in 2020

    Pamela Peterson

    Seabolt Real Estate

    (912) 401-2264

    13 in this area

    105 Total Sales

    Pamela Peterson
    Section Image
  • Justin Hart

    Buyer's Agent in 2020

    Justin Hart

    Seabolt Real Estate

    (323) 236-3715

    20 in this area

    85 Total Sales

    Justin Hart
    Section Image
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Map

Source: Hive MLS

MLS Number: SA222795

Hive MLS

APN: 2001419021

Georgia Chatham County Savannah 31401 Historic Savannah

502 E Jones St, Savannah, GA

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Hive MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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