NOT LISTED FOR SALE

505 5th St Tybee Island, GA 31328

Estimated Value: $954,000 - $1,449,000

3 Beds
4 Baths
3,164 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $1,140,000 $360 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,310/month

About This Home

As of October 2023

This exceptional Tybee Island home was custom designed to optimize privacy and views. The main level features a greatroom with soaring ceiling and large kitchen/ dining area with banks of cabinetry, quarts counter tops, high end appliances, walk through pantry and a pass through fireplace between the dining area and greatroom. 2 bedrooms on the main level are connected by a Jack and Jill bathroom with privacy for each. Up one level is the Owners suite offering incredible views and solitude. The owners bath has 2 vanities, a soak tub and separate shower. The custom closet area has a large built in bureau and walk in closet. Down the hall is the large office/ exercise room plus library with fireplace that opens to the greatroom below. Both the main and top level have covered porches. Up one more flight of stairs is the private roof top deck with hot tub. The ground level features a rec room off the deck with built in seating and surrounded by live oaks and a 2 car garage.

Last Agent to Sell the Property

Libby Bacon

Keller Williams Coastal Area P License #267763 Listed on: 10/24/2023

Last Buyer's Agent

Meghan Littlefield

Seabolt Real Estate License #416792

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Has View?: Yes
  • Appliances: Some Gas Appliances, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Range Hood, Dryer, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Dryer,Gas Logs,Refrigerator,Satellite Dish,Security System,Washer
  • Original List Price: 1200000.00
  • Architectural Style: Contemporary
  • Other Structures: Shed(s)
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler's Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Primary Suite, Pantry, Recessed Lighting, Skylights, Upper Level Primary, Vaulted Ceiling(s), Fireplace
  • Laundry Features: Other, Washer Hookup, Dryer Hookup
  • Spa Features: Hot Tub
  • Has Spa?: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Kitchen, Living Room, Other, Gas Log
  • Fireplaces: 2
  • Has Fireplace?: Yes
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Deck, Fire Pit
  • Roof: Metal
  • Road Surface Type: Gravel
  • Waterfront Features: Marsh, Beach Access
  • Waterfront?: Yes
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Patio, Porch, Balcony, Deck

Garage/Parking

  • Garaged Spaces: 2.00
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Security Features: Security System
  • Cooling: Central Air, Electric, Heat Pump
  • Has Cooling?: Yes
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Playground, Shopping, Tennis Court(s), Walk to School
  • Has H O A?: No

Schools

  • Elementary School: TIMA/ MayHoward
  • High School: Island
  • Middle Or Junior School: TIMA/ Coastal

Lot Info

  • Zoning: R2
  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841.00
  • Parcel#: 4000427002
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Lot: 1
  • Tax Amount: 7293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 20, 2023
Sold by
Pulk James M
Bought by
Farrar Amity H and Farrar Derik J
Seller's Agent
Libby Bacon
Keller Williams Coastal Area P
Buyer's Agent
Meghan Littlefield
Seabolt Real Estate
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%
Views
5
Current Estimated Value
$1,152,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,742
Avg. Annual Appreciation
0.49%
Original Mortgage
$912,000
Outstanding Balance
$893,421
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$259,321

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 10, 2021
Sold by
Oneill Timothy J
Bought by
Pulk James M and Pulk Julie L
Seller's Agent
Sandy McCloud
Century 21 Results
Buyer's Agent
Libby Bacon
Keller Williams Coastal Area P
List Price
$1,250,000
Sold Price
$1,055,000
Premium/Discount to List
-$195,000
-15.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Mar 11, 2021
Sold by
Oneill Timothy J
Bought by
Sorellas Future Llc
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
Farrar Amity H $1,140,000 --
Pulk James M $1,055,000 --
Sorellas Future Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrar Amity H $912,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $1,140,000 -5.0% $360 / Sq Ft
10/24/2023 10/24/23 For Sale $1,200,000 +13.7% $379 / Sq Ft
12/10/2021 12/10/21 Sold $1,055,000 -15.6% $338 / Sq Ft View Prior Sale
11/10/2021 11/10/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $1,250,000 -- $400 / Sq Ft
Source: Hive MLS

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 $15,823 $458,560 $144,000 $314,560
2024 $15,823 $456,000 $144,000 $312,000
2023 $19,020 $408,440 $108,000 $300,440
2022 $7,293 $378,800 $108,000 $270,800
2021 $7,233 $298,920 $86,400 $212,520
2020 $7,311 $292,600 $86,400 $206,200
2019 $7,311 $317,920 $86,400 $231,520
2018 $6,569 $304,760 $86,400 $218,360
2017 $6,569 $251,680 $107,720 $143,960
2016 $6,569 $249,520 $107,720 $141,800
2015 $6,471 $215,900 $81,600 $134,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Libby Bacon

    Keller Williams Coastal Area P

  • M

    Buyer's Agent in 2023

    Meghan Littlefield

    Seabolt Real Estate

    (207) 332-2090

    2 in this area

    67 Total Sales

    Meghan Littlefield
    Section Image
  • Sandy McCloud

    Seller's Agent in 2021

    Sandy McCloud

    Century 21 Results

    (912) 484-7355

    34 in this area

    79 Total Sales

    Sandy McCloud
    Section Image
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Map

Source: Hive MLS

MLS Number: SA298657

Hive MLS

APN: 4000427002

Georgia Chatham County Tybee Island 31328

505 5th St, Tybee Island, GA

Not Listed for Sale

Detached

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