NOT LISTED FOR SALE

5506 Waters Ave Savannah, GA 31404

Edgemere Neighborhood

Estimated Value: $569,000 - $723,000

0.67 Acre
$964,186 Price per Acre
29,185 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $775,000

Est. 17% decrease in value since last sale

Current estimated payment $3,625/month

111 Days on Market

Highlights

  • 29,185 Sq Ft lot
  • No HOA
  • Level Lot
  • Jacob G. Smith Elementary School Rated A-

About This Lot

As of January 2024

5506 Waters Avenue is being sold inclusive with 5510 Waters Ave, 1103 E 69th St, & 1104 E 70th St. 3 parcels of land are zoned NB (Neighborhood Business) and the other parcel (1103 E 69th St) is zoned OI (Office Institutional). Overall, property is 0.67 acres. This is a fantastic commercial development opportunity. Great spot to build a new medical office, bank, restaurant, etc. So many opportunities! At the moment, overall lot is rented out each Sunday for a local church as parking. They will need a 30-60 day notice.
See attached photos for more individual parcel information regarding lot sizes and tax information, etc. Note: Tax Amount shown is for 5506 Waters Avenue. All parcels have individual amounts.

Last Agent to Sell the Property

Kelly Deal

Realty One Group Inclusion License #431604 Listed on: 09/30/2023

Last Buyer's Agent

Pamela Donlon

Realty One Group Inclusion License #411664

Realty One Group Inclusion

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,252

Lot Details

  • 0.67 Acre Lot
  • Level Lot
  • 4 Lots in the community
  • Property is zoned BN, Commercial

Home Design

  • Mixed Use

Schools

  • Heard Elementary School
  • Myers Middle School
  • Jenkins High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 2011419001

Property Details

Property Type

Land

Est. Annual Taxes

$1,252

Lot Details

0

Listing Details

  • Inclusions: None
  • Property Sub Type: Land
  • Property Type: Land
  • Lease Assignable: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Reso Interior Features: None
  • Tax Year: 2022
  • Master Plan Zoning: BN
  • Property Sub Type Additional: Land
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • Acres: 0.67
  • Home Warranty: No
  • Exterior Features: None

Utilities

  • Sewer: Unknown
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Myers

Lot Info

  • Horses: No
  • Land Lease Amount Frequency: Monthly
  • Land Lease: No
  • Lot Size Area: 0.67
  • Lot Size Sq Ft: 29185.0
  • Number Of Lots: 4
  • Parcel Number: 2011419001
  • Topography: Level
  • Current Use: Other, Vacant
  • ResoLotSizeUnits: Acres
  • Crops Included: No
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1252.0
  • Tax Lot: 278

MLS Schools

  • Elementary School: Heard
  • HighSchool: Jenkins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Jan 23, 2024
Sold by
J & B Legacy Llc
Bought by
Progressive 1 Realty Llc and Progressive One Realty Llc
Seller's Agent
Kelly Deal
Realty One Group Inclusion
Buyer's Agent
Pamela Donlon
Realty One Group Inclusion
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Total Days on Market
111
Views
13
Current Estimated Value
$646,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,000
Avg. Annual Appreciation
-12.11%
Original Mortgage
$503,750
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2022
Sold by
Harrison J Christine
Bought by
J & B Legacy Llc

Purchase Details

Closed on
Nov 15, 2012
Sold by
Roberds Clifford N
Bought by
Harrison Christine Roberds and Harrison Christine J

Purchase Details

Closed on
Oct 22, 2012
Sold by
Roberds Clifford N
Bought by
Harrison Christine Roberds and Christine Harrison J
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 Buyer Sale Price Title Company
Progressive 1 Realty Llc $775,000 --
J & B Legacy Llc -- --
Harrison Christine Roberds -- --
Harrison Christine Roberds -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Progressive 1 Realty Llc $503,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $775,000 -6.1% --
09/30/2023 09/30/23 For Sale $825,000 -- --
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 $2,359 $40,600 $40,600 $0
2023 $495 $40,600 $40,600 $0
2022 $495 $40,600 $40,600 $0
2021 $1,753 $40,600 $40,600 $0
2020 $1,282 $40,600 $40,600 $0
2019 $1,804 $40,600 $40,600 $0
2018 $1,500 $36,000 $36,000 $0
2017 $1,500 $36,000 $36,000 $0
2016 $1,050 $40,600 $40,600 $0
2015 $1,084 $26,000 $26,000 $0
2014 $1,442 $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelly Deal

    Realty One Group Inclusion

  • Pamela Donlon

    Buyer's Agent in 2024

    Pamela Donlon

    Realty One Group Inclusion

    (912) 312-0106

    1 in this area

    16 Total Sales

    Pamela Donlon
    Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 297631

Savannah Multi-List Corporation

APN: 2011419001

Georgia Chatham County Savannah 31404 Edgemere

5506 Waters Ave, Savannah, GA

This home is located at 5506 Waters Ave, Savannah, GA 31404 since 30 September 2023 and is currently estimated at $646,000. 5506 Waters Ave is a home located in Chatham County with nearby schools including Jacob G. Smith Elementary School, Myers 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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