$1,055,000
SOLD DEC 10, 2021

505 5th St Tybee Island, GA 31328

4 Beds
4 Baths
3,125 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$338 Per Sq Ft

16% Below List Price

50 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Gourmet Kitchen
  • Howard Elementary School Rated A-
  • RV Access or Parking
  • 5-minute walk to Tybee Island Memorial Park

About This Home

As of November 2023

Magnificent, beautifully appointed marsh front home designed for indoor/outdoor living & entertaining with unique privacy & serene comfort. Pristine wall of windows on both levels offers show stopping views of marsh, lush landscaping & spacious porches. First floor welcomes you to the gourmet kitchen, w/double-sided fireplace in dining & living area w/cathedral ceiling. Inviting foyer leads to 2 generous BRs w/Jack & Jill bath. Second floor features large main bedroom w/en-suite bath & huge closet/dressing area; plus home theater and office/craft or guest BR. Exceptional finishes throughout. Ground level offers large game room/man cave that opens to lighted outdoor space with cozy furnishings and fire pit; outdoor cedar shower. Large 2 car enclosed garage w/workbench. Stunning rooftop lounge area w/new hot tub. Home equipped w/elevator shaft. Easy bike/walk to beautiful beach, Memorial Park/YMCA, library, restaurants & shops! Professionally decorated high-end furnishings included.

Last Agent to Sell the Property

Sandy McCloud

Century 21 Results License #251032 Listed on: 10/19/2021

Last Buyer's Agent

Libby Bacon

Keller Williams Coastal Area P License #267763

Keller Williams Coastal Area P

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,823

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a marsh
  • Garden

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,125 Sq Ft Home
  • 4-Story Property
  • Bookcases
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Storage Room
  • Basement Storage

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Courtyard
  • Deck
  • Wrap Around Porch
  • Open Patio

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4-0004-27-002

Community Details

Overview

  • RV Parking in Community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,823

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Annual Flood Insurance: 513
  • Flood Insurance: Yes
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Gas Logs, Refrigerator
  • Legal Description: LOT 1 RECOMBINATION OF LOTS 160A
  • Legal Subdivision: TYBEE ISLAND
  • List Price Per Sq Ft: 400.00
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Recreation Facilities: Playground, Tennis Courts, Volleyball
  • Road Surface: Asphalt, Gravel
  • Style: Contemporary
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop-Separate, Dishwasher, Disposal, Dryer, Electric, Fireplace, Gas, Hood Fan, Icemaker Connection, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Common Walls: No Common Walls
  • Fireplace Features: Gas, Non-Working
  • Fireplace Location: Family Room, Kitchen
  • Interior: Bookcases Built-In, Foyer; 2-Story, Foyer; Entrance
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Breakfast Room, Gourmet Kitchen, Pantry
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Primary Bathroom Features: Double Vanities, Garden Tub, Separate Shower
  • Master Bedroom Description: Master Suite, Master Up, Split Plan
  • Fireplaces: 2
  • Room Count: 11
  • Total Sq Ft: 3125

Exterior Features

  • Other Structures: Shed
  • Exterior House: Courtyard, Deck, Front Porch, Patio-Covered, Patio-Uncovered, Porch, Wrap Porch
  • Pool Hot Tub Description: Hot Tub
  • Pool/Hot Tub: Yes
  • Structure: Unrestored
  • Water Frontage Type: Marsh Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Num Parking Pad: 2
  • Parking Description: Drive Under/Basement, Rv Parking, Rv/Boat Parking, Side/Rear Entrace, Storage Room

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Gas: Private Lp Tank
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Park, Paths/Bike-Walk, Sidewalks, Street Lights

Schools

  • Elementary School: Marsh/Maritime
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • Exterior Lot: Garden Area
  • List Price Per Acre: 6578947.37
  • Lot Description: City
  • Lot Dimension: IRREG
  • Lot Size Sq Ft: 8276
  • Lot View: Marsh
  • Num Acres: 0.1900
  • Parcel Number: 4-0004-27-002
  • Property Attached: Yes
  • Property Description: Full Size Lot

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
$1,204,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,627
Avg. Annual Appreciation
5.40%
Original Mortgage
$912,000
Outstanding Balance
$899,467
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$347,801

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
4.05%

Purchase Details

Closed on
Mar 11, 2021
Sold by
Oneill Timothy J
Bought by
Sorellas Future Llc
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 $1,140,000 --
Warranty Deed $1,055,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $912,000 New Conventional
Previous Owner $505,000 New Conventional
Previous Owner $80,500 New Conventional
Previous Owner $94,660 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 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
10/20/2021 10/20/21 For Sale $1,250,000 +133.6% $400 / Sq Ft
04/10/2013 04/10/13 Sold $535,000 -2.7% $171 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $549,900 -- $176 / 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 $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

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Map

Source: Savannah Multi-List Corporation

MLS Number: 259820

Savannah Multi-List Corporation

APN: 4000427002