NOT LISTED FOR SALE

Estimated Value: $146,000 - $248,082

5 Beds
2.5 Baths
1,997 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $75,000 $38 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,300/month

211 Days on Market

About This Home

As of April 2019

Investor opportunity!! Two separate homes on property. Concrete Block 3 bedroom 1.5 bath with hardwood floors in living room, dining room and bedrooms, freshly painted and ready to move in. Frame home in back is 3505 Florance Street and has 2 bedrooms 1 bath and rents for $450 and is presently occupied. Same PIN Number 2-0091-15-013

Last Agent to Sell the Property

Vicki Mitchell

Mitchell & Associates Inc REAL License #11575 Listed on: 06/11/2018

Last Buyer's Agent

Elechie Trotmon

Engel & Volkers License #372608

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1954

Lot Details

  • 4,312 Sq Ft Lot
  • Lot Dimensions are 41 x 105
  • Corner Lot

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 1,997 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Hodge Elementary School
  • Derenne Middle School
  • Beach High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • Property managed by Mitchell & Associate

Listing and Financial Details

  • Tenant pays for cable, electric, gas, landscape maintenance, sewer, telephone, trash, water
  • Assessor Parcel Number 2-0091-15-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$646

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Construction: Cinder Block, Frame
  • Current Zoning: RM25
  • Legal Description: 116 GARFUNKEL WARD
  • List Price Per Sq Ft: 42.56
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Road Surface: Asphalt
  • Style: Bungalow
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1997

Exterior Features

  • Foundation: Off Ground
  • Roof: Asphalt

Garage/Parking

  • Num Parking Pad: 1
  • Parking Description: Off Street, Street Parking

Utilities

  • Cooling Type: Window
  • Num Cooling Units: 1
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Property Management: Yes
  • Property Mgt Co Name: Mitchell & Associate
  • Property Mgt Co Phone: 232-0030

Schools

  • Elementary School: Hodge
  • Middle School: Derenne
  • High School: Beach

Lot Info

  • List Price Per Acre: 858585.86
  • Lot Description: Corner
  • Lot Dimension: 41 x 105
  • Lot Size Sq Ft: 4312
  • Num Acres: 0.0990
  • Parcel Number: 2-0091-15-013

Rental Info

  • Rental Info: Entire House
  • Tenant Pays: Cable, Electric, Gas, Landscape Maintenance, Sewer, Telephone, Trash, Water

Tax Info

  • Annual Tax: 646

Multi Family

  • Unit Count: 2

MLS Schools

  • Elementary School: Hodge
  • HighSchool: Beach
  • Middle School: Derenne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Apr 19, 2019
Sold by
Jones Willie C Jr Estate
Bought by
Fast Miles Express Llc
Seller's Agent
Vicki Mitchell
Mitchell & Associates Inc REAL
Buyer's Agent
Elechie Trotmon
Engel & Volkers
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$197,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,271
Avg. Annual Appreciation
16.15%
Original Mortgage
$63,750
Outstanding Balance
$55,934
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$141,337

Purchase Details

Closed on
Apr 9, 2009
Sold by
Lopez Magali M
Bought by
Mena Lopez Magali and Mena Lopez Lopez-Traconis Humberto

Purchase Details

Closed on
Aug 23, 2005
Sold by
Not Provided
Bought by
Jones Willie C
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fast Miles Express Llc $75,000 --
Fast Miles Express Llc -- --
Mena Lopez Magali -- --
Jones Willie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fast Miles Express Llc $63,750
Closed Fast Miles Express Llc $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $75,000 -11.8% $38 / Sq Ft
01/12/2019 01/12/19 For Sale $85,000 0.0% $43 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/05/2018 12/05/18 Price Changed $85,000 -15.0% $43 / Sq Ft
06/11/2018 06/11/18 For Sale $100,000 -69.2% $50 / Sq Ft
05/07/2014 05/07/14 Sold $325,000 -5.8% $104 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
10/26/2013 10/26/13 For Sale $345,000 -- $111 / 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
2025 $3,045 $61,720 $14,400 $47,320
2024 $3,045 $52,400 $8,960 $43,440
2023 $707 $57,960 $8,960 $49,000
2022 $421 $34,520 $8,960 $25,560
2021 $1,038 $22,840 $8,960 $13,880
2020 $618 $19,560 $3,360 $16,200
2019 $869 $19,560 $3,360 $16,200
2018 $1,064 $16,480 $3,360 $13,120
2017 $918 $22,040 $3,440 $18,600
2016 $643 $22,040 $3,440 $18,600
2015 $1,209 $32,400 $2,400 $30,000
2014 $1,797 $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 192556

Savannah Multi-List Corporation

APN: 2009115013