616 E 40th St Savannah, GA 31401
Midtown Savannah NeighborhoodEstimated Value: $377,000 - $403,000
2
Beds
1
Bath
1,276
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- Private Yard
- Sitting Room
- Courtyard
- Savannah Arts Academy Rated A+
- Front Porch
- Laundry Room
About This Home
As of June 2023Come grab this 2 bed/1 bathroom in a highly sought after area in Savannah. Situated just on the fringes of the Starland district. This charming home has many of the original features from when it was built; including fireplace and well maintained hardwood flooring, throughout the main living areas. Off street parking, spacious front porch, a great courtyard, and, spacious bedrooms await you. Will make a fantastic home to a couple or small family. Tremendous rental property, as well. This home is being sold, As-Is with no disclosures, all appliances, including washer and dryer come with the home. Highest and Best Offers due by 10:00am Monday May 22, 2023.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,105
Year Built
- Built in 1921
Lot Details
- 3,136 Sq Ft Lot
- Wood Fence
- Level Lot
- Private Yard
Parking
- Off-Street Parking
Home Design
- Bungalow
- Cosmetic Repairs Needed
- Block Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,276 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Sitting Room
- Pull Down Stairs to Attic
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Courtyard
- Front Porch
Location
- City Lot
Schools
- Shuman Elementary School
- Hubert Middle School
- Savannah High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2007506010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Jun 21, 2023
Sold by
Kauffman Edward
Bought by
Marlette Sarah Lyons
Seller's Agent
John Yates
SWP Realty
Buyer's Agent
Heather Booth
BHHS Bay Street Realty Group
List Price
$340,000
Sold Price
$351,220
Premium/Discount to List
$11,220
3.3%
Total Days on Market
4
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,595
Avg. Annual Appreciation
5.96%
Original Mortgage
$225,000
Outstanding Balance
$220,547
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$171,268
Purchase Details
Listed on
Jul 3, 2018
Closed on
Aug 3, 2018
Sold by
Hooks Elizabeth E
Bought by
Kauffman Edward
Seller's Agent
Tracie Tomlinson
McIntosh Realty Team LLC
Buyer's Agent
Elaine Berk
Felicia & Company LLC
List Price
$239,900
Sold Price
$226,500
Premium/Discount to List
-$13,400
-5.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Purchase Details
Listed on
Jan 9, 2017
Closed on
Mar 3, 2017
Sold by
Hooks Elizabeth E
Bought by
Hooks Elizabeth E and Hooks Christopher
Seller's Agent
Renee Dunn
ERA Southeast Coastal
Buyer's Agent
Tracie Tomlinson
McIntosh Realty Team LLC
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$174,600
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2011
Sold by
Irwin Kim
Bought by
Westenhaver Edward Russell and Westenhaver Lilly D
Purchase Details
Closed on
Dec 15, 2006
Sold by
Not Provided
Bought by
Westenhaver Edward Russell and Westenhaver Lilly D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.19%
Mortgage Type
New Conventional
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Similar Homes in Savannah, GA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marlette Sarah Lyons | -- | -- | |
| Kauffman Edward | $226,500 | -- | |
| Hooks Elizabeth E | -- | -- | |
| Hooks Elizabeth E | $180,000 | -- | |
| Westenhaver Edward Russell | $150,000 | -- | |
| Westenhaver Edward Russell | $163,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marlette Sarah Lyons | $225,000 | |
| Previous Owner | Hooks Elizabeth E | $174,600 | |
| Previous Owner | Westenhaver Edward Russell | $100,000 | |
| Previous Owner | Coney David S | $37,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $351,220 | +3.3% | $275 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $340,000 | +50.1% | $266 / Sq Ft |
| 08/03/2018 08/03/18 | Sold | $226,500 | -5.6% | $178 / Sq Ft |
| 07/23/2018 07/23/18 | Pending | -- | -- | -- |
| 07/03/2018 07/03/18 | For Sale | $239,900 | +33.3% | $188 / Sq Ft |
| 03/03/2017 03/03/17 | Sold | $180,000 | -4.8% | $141 / Sq Ft |
| 02/04/2017 02/04/17 | Pending | -- | -- | -- |
| 01/09/2017 01/09/17 | For Sale | $189,000 | -- | $148 / Sq Ft |
Source: Savannah Multi-List Corporation
Tax History Compared to Growth
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 | $3,109 | $125,200 | $41,600 | $83,600 |
| 2023 | $1,595 | $130,760 | $41,600 | $89,160 |
| 2022 | $2,105 | $106,800 | $28,000 | $78,800 |
| 2021 | $4,126 | $89,600 | $20,000 | $69,600 |
| 2020 | $2,109 | $82,960 | $20,000 | $62,960 |
| 2019 | $3,053 | $82,960 | $20,000 | $62,960 |
| 2018 | $3,238 | $72,000 | $19,584 | $52,416 |
| 2017 | $2,594 | $66,840 | $12,280 | $54,560 |
| 2016 | $1,760 | $60,320 | $12,280 | $48,040 |
| 2015 | $2,359 | $56,560 | $12,280 | $44,280 |
| 2014 | $3,378 | $59,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Yates
Seller's Agent in 2023
John Yates
SWP Realty
(912) 800-3059
1 in this area
19 Total Sales
-
Heather Booth
Buyer's Agent in 2023
Heather Booth
BHHS Bay Street Realty Group
(912) 401-9401
11 in this area
229 Total Sales
-
Tracie Tomlinson
Seller's Agent in 2018
Tracie Tomlinson
McIntosh Realty Team LLC
(912) 660-4384
1 in this area
299 Total Sales
-
E
Buyer's Agent in 2018
Elaine Berk
Felicia & Company LLC
-
Renee Dunn
R
Seller's Agent in 2017
Renee Dunn
ERA Southeast Coastal
(912) 507-6007
30 Total Sales
Map
Source: Savannah Multi-List Corporation
MLS Number: 288422
APN: 2007506010
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