NOT LISTED FOR SALE

502 E Park Ave Unit B Savannah, GA 31401

Historic Savannah Neighborhood

Estimated Value: $1,007,760 - $1,272,000

2 Beds
1 Bath
2,974 Sq Ft
5,968 Sq Ft Lot

Highlights

  • 0.14 Acre Lot
  • Low Country Architecture
  • Central Heating and Cooling System
  • Savannah Arts Academy Rated A+
  • Laundry Room
  • 4-minute walk to Dixon Park

About This Home

As of January 2021

Move in special!! ½ of one month free with 12 month Lease!!

1 Bedroom 1 bath home. Living room could be used as 2nd bedroom if common space is not needed!

OWNER pays for lawn care, Includes stack W/D in apt, off-street parking, Ground floor apt w/ 2 private entry doors on back right side of bldg. All electric. Original wood floors, Three decorative fireplaces. Completely renovated throughout with new central heat & air, new kitchens and baths, refinished hardwood floors and fresh paint. You ll love the tall ceilings, big rooms, decorative fireplaces and all new appliances, including private washer & dryer! Wired for high speed Internet and computer networking. Also has a deck and off-street parking to complete the picture.

Last Agent to Rent the Property

William Hendry

SouthCoast Properties License #316284 Listed on: 04/27/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1900

Lot Details

  • 1 Common Wall

Home Design

  • Low Country Architecture
  • Siding

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2-0043-14-018

Condo Details

Home Type

Condominium

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Siding
  • Current Zoning: 1-R
  • Legal Description: LOTS J AND K SECTION 5 LEE WARD
  • Legal Subdivision: Lee Sec 05
  • List Price Per Sq Ft: 0.46
  • Property Sub Type: Condominium
  • Property Type: Rental
  • Style: Low Country
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Common Walls: 1 Commonwalls
  • Laundry: Laundry Room
  • Total Sq Ft: 2974

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association: Yes
  • Co-Op Fee: $100
  • Co-Op Info: fee paid after 1st month rent received

Lot Info

  • List Price Per Acre: 10036.50
  • Lot Num: J
  • Lot Size Sq Ft: 5968
  • Num Acres: 0.1370
  • Parcel Number: 2-0043-14-018
  • Property Attached: Yes

Tax Info

  • Annual Tax: 4679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Starland 501 Park Llc
Bought by
Brennan Lisa Mercedes
Current Estimated Value
$1,126,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$26,419
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$1,099,771

Purchase Details

Closed on
Jun 8, 2020
Sold by
Brennan Lisa Mercedes
Bought by
Starland 501 Park Llc

Purchase Details

Closed on
Apr 17, 2020
Sold by
502 East Park Avenue Llc
Bought by
Brennan Lisa Mercedes

Purchase Details

Closed on
Jun 11, 2015
Sold by
True North Corp
Bought by
502 East Park Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,606
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2012

Purchase Details

Closed on
Dec 19, 2007
Sold by
Not Provided
Bought by
True North Corporation Trust
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

Date Buyer Sale Price Title Company
Brennan Lisa Mercedes -- --
Starland 501 Park Llc -- --
Brennan Lisa Mercedes $725,000 --
502 East Park Avenue Llc -- --
-- -- --
Tradewinds Holding Llc -- --
True North Corporation Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Lisa Mercedes $400,000
Previous Owner 502 East Park Avenue Llc $168,606
Previous Owner 502 East Park Avenue Llc $146,394
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Rented $1,375 0.0% --
04/27/2020 04/27/20 For Rent $1,375 -- --
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
2025 $5,746 $284,560 $52,680 $231,880
2024 $5,746 $284,560 $52,680 $231,880
2023 $3,472 $284,560 $52,680 $231,880
2022 $3,472 $284,560 $52,680 $231,880
2021 $15,924 $270,000 $52,680 $217,320
2020 $4,680 $148,200 $52,680 $95,520
2019 $8,924 $148,200 $52,680 $95,520
2018 $7,957 $148,200 $52,680 $95,520
2017 $4,580 $156,280 $38,320 $117,960
2016 $3,208 $109,960 $38,320 $71,640
2015 $4,586 $109,960 $38,320 $71,640
2014 -- $109,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Hendry

    Landlord's Agent in 2021

    William Hendry

    SouthCoast Properties

    (912) 925-9925

    1 Total Sale

    William Hendry
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Map

Source: Savannah Multi-List Corporation

MLS Number: 223079

Savannah Multi-List Corporation

APN: 2004314018

Georgia Chatham County Savannah 31401 Historic Savannah

502 E Park Ave Unit B, Savannah, GA

Not Listed for Sale

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