$430,000
SOLD MAY 29, 2024

628 E 38th St Unit A and B Savannah, GA 31401

Midtown Savannah Neighborhood
6 Beds
4 Baths
2,200 Sq Ft
3,223 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

14% Below List Price

99 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Screened Porch
  • Savannah Arts Academy Rated A+
  • No HOA
  • 5-minute walk to Baldwin Park

About This Home

As of May 2024

BIG PRICE CUT, AT PURCHASE PRICE $459,900 PRICE SELLER WILL PAY $10K CLOSING COSTS, property offers total of 6 bedrooms 2 full and 2 half baths ,with 3 bedrooms and 1 1/2 bathrooms per unit, providing ample space for comfortable living or lucrative rental potential. Enjoy the gentle Savannah breeze from the inviting screen porches, offering serene outdoor retreats for relaxation or entertainment. The installation of all new windows in 2017, ensures both aesthetic appeal and energy efficiency for years to come.
With a solid rental history, this property presents an exceptional investment opportunity for seasoned investors or those seeking to capitalize on Savannah's thriving rental market. Upper unit currently rented for $1595/month. Lower unit vacant. HVAC units 2011/2020, Roof should have 13-17 years left, Windows replaced in 2017. Could benefit from some Cosmetic updates and price reduced to allow for renovations. TO SHOW TENANT OCCUPIED UNIT, NEED 24+HOURS NOTICE, TENANT PETS

Last Agent to Sell the Property

Kathleen Linzey

Realty One Group Inclusion License #367130

Realty One Group Inclusion

Last Buyer's Agent

Kathleen Linzey

Realty One Group Inclusion License #367130

Realty One Group Inclusion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1900

Lot Details

  • 3,223 Sq Ft Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Laundry in Hall

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Mia Madison Association

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 2007501022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,298

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1900
  • ResoLaundryFeatures: In Hall
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Victorian
  • Reso Flooring: Hardwood, Tile
  • Property Attached Yn: Yes
  • Tax Year: 2023
  • Master Plan Zoning: R4
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Acres: 0.074
  • Construction Type: Brick
  • Patio And Porch Features: Porch, Screened

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association: Mia Madison

Lot Info

  • Lot Size Area: 0.074
  • Lot Size Sq Ft: 3223.0
  • Parcel Number: 2007501022
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4298.0
  • Tax Lot: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 29, 2024
Sold by
H I Savannah Properties Llc
Bought by
Wang Jason
Seller's Agent
Kathleen Linzey
Realty One Group Inclusion
Buyer's Agent
Kathleen Linzey
Realty One Group Inclusion
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Total Days on Market
99
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,245
Outstanding Balance
$437,854
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2022
Sold by
628 East 38Th Llc
Bought by
Hi Savannah Properties Llc

Purchase Details

Closed on
Dec 30, 2018
Sold by
Backer Eric D
Bought by
628 East 38Th Llc

Purchase Details

Closed on
Nov 22, 2017
Sold by
Backer Eric D
Bought by
Backer Eric D and Backer Karine Bleu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2016
Sold by
Astoria 38 Llc
Bought by
Backer Eric and Mauprivez Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 6, 2012
Sold by
Evangelista John

Purchase Details

Closed on
Dec 6, 2011
Sold by
Nwachukwu Edwin I
Bought by
Evangelista John

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $430,000 -6.5% $195 / Sq Ft
04/12/2024 04/12/24 Price Changed $459,900 -3.2% $209 / Sq Ft
03/27/2024 03/27/24 Price Changed $475,000 -4.8% $216 / Sq Ft
02/19/2024 02/19/24 For Sale $499,000 -- $227 / Sq Ft
Source: Savannah Multi-List Corporation

Source: Savannah Multi-List Corporation

MLS Number: 305381

Savannah Multi-List Corporation