NOT LISTED FOR SALE

505 Forrest Ave Savannah, GA 31404

East Savannah Neighborhood

Estimated Value: $242,553 - $308,000

2 Beds
1 Bath
1,066 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $130,000 $122 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,535/month

31 Days on Market

Highlights

  • Screened Porch
  • Fenced Yard
  • Bungalow
  • Savannah Arts Academy Rated A+
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2019

Sale includes adjacent fenced in lot. Great rental opportunity.

Last Agent to Sell the Property

Robert Erb Jr.

Brand Name Real Estate, Inc License #148263 Listed on: 02/18/2019

Brand Name Real Estate, Inc

Last Buyer's Agent

Bryn Futrell

Realty One Group Inclusion License #386307

Realty One Group Inclusion

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 4,487 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Home Design

  • Bungalow
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2-0040-05-002, 2-2-0040-05-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Construction: Wood
  • Current Zoning: R6
  • Legal Description: LOT 403-405 HULIN WD TWICKENHAM
  • Legal Subdivision: Hulin Ward
  • List Price Per Sq Ft: 121.95
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt
  • Style: Bungalow
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, W/D Connection, Washer
  • Attic: Pull Down
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace Features: Non-Working
  • Fireplace Location: Living Room
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Fireplaces: 1
  • Total Sq Ft: 1066

Exterior Features

  • Exterior House: Screen Porch
  • Foundation: Concrete
  • Roof: Composition
  • Structure: Renovated

Garage/Parking

  • Num Parking Pad: 4
  • Parking Description: Off Street, Street Parking

Utilities

  • Cable: Cable Access
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Lot Info

  • Exterior Lot: Fenced Yard, Privacy Fence
  • Fencing: Wood
  • List Price Per Acre: 1262135.92
  • Lot Description: City
  • Lot Num: 403
  • Lot Size Sq Ft: 4487
  • Num Acres: 0.1030
  • Parcel Number: 2-0040-05-002, 2-2-0040-05-013
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 15, 2019
Sold by
Bressler Kevin G
Bought by
Bordenuk Chase
Seller's Agent
Robert Erb Jr.
Brand Name Real Estate, Inc
Buyer's Agent
Bryn Futrell
Realty One Group Inclusion
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$270,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,638
Avg. Annual Appreciation
10.82%
Original Mortgage
$104,000
Outstanding Balance
$92,360
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$158,792

Purchase Details

Closed on
Nov 15, 2006
Sold by
Not Provided
Bought by
Bressler Kevin G and Bressler Olivia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,127
Interest Rate
6.33%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bordenuk Chase $130,000 --
Bressler Kevin G $121,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordenuk Chase $104,000
Previous Owner Bressler Kevin G $107,225
Previous Owner Bressler Kevin G $110,127
Previous Owner Laurie Shanta $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $130,000 0.0% $122 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $130,000 -- $122 / 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 $861 $82,720 $17,400 $65,320
2023 $223 $65,880 $8,400 $57,480
2022 $416 $51,520 $8,400 $43,120
2021 $517 $40,960 $4,200 $36,760
2020 $992 $32,440 $4,200 $28,240
2019 $1,395 $31,400 $4,200 $27,200
2018 $1,335 $29,680 $4,200 $25,480
2017 $1,015 $25,560 $4,200 $21,360
2016 $696 $23,840 $4,200 $19,640
2015 $827 $24,240 $4,200 $20,040
2014 $841 $24,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Erb Jr.

    Brand Name Real Estate, Inc

    Section Image
  • Bryn Futrell

    Buyer's Agent in 2019

    Bryn Futrell

    Realty One Group Inclusion

    (912) 660-0017

    2 in this area

    66 Total Sales

    Bryn Futrell
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 202760

Savannah Multi-List Corporation

APN: 2004005002

Georgia Chatham County Savannah 31404 East Savannah

505 Forrest Ave, Savannah, GA

This home is located at 505 Forrest Ave, Savannah, GA 31404 since 18 February 2019 and is currently estimated at $270,638, approximately $253 per square foot. This property was built in 1938. 505 Forrest Ave is a home located in Chatham County with nearby schools including Shuman Elementary School, Hubert Middle School, and Savannah Arts Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation 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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