NOT LISTED FOR SALE

703 Railwood Dr Tybee Island, GA 31328

Estimated Value: $1,994,000 - $2,185,244

5 Beds
6 Baths
4,979 Sq Ft
$418/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,406,250 $282 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,892/month

51 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Traditional Architecture
  • Howard Elementary School Rated A-
  • 0.3 Acre Lot
  • Screened Porch

About This Home

As of July 2020

Vacation at home! Enjoy living on Tybee Island, Georgia at its best. Located on some of the highest ground on Tybee Island, this expansive lot ensures no one can build in front of you, preserving the expansive ocean views. This home has it all! Features include stunning pool, porches in every direction, rooftop deck, solar generator, elevator, media room w/ movie projector, surround sound throughout home. Bedrooms on all levels, Gourmet kitchen, open & bright floor plan and much more. Move right in and start enjoying life on Tybee Island.

Last Agent to Sell the Property

Judith McDougal

Re/Max Savannah License #172419 Listed on: 06/09/2020

Re/Max Savannah

Last Buyer's Agent

MARY ANN SINCLAIR

Keller Williams Coastal Area P License #294608

Keller Williams Coastal Area P

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,260

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Interior Lot
  • Sprinkler System
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 4,979 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Rear Stairs
  • Recessed Lighting
  • See Through Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Screened Porch
  • Scuttle Attic Hole

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Courtyard
  • Exterior Lighting

Utilities

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

Additional Features

  • Accessibility Features
  • Energy-Efficient Insulation

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 4-0002-20-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,260

Year Built

Built in 2005 | Remodeled

Lot Details

0

Listing Details

  • ADA Features: Yes
  • Annual Flood Insurance: 561
  • Construction: Concrete Siding
  • Current Zoning: R1
  • Fire Department Dues: Yes
  • Flood Insurance: Yes
  • Home Warranty: Negotiable
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Central Vacuum, Refrigerator, Security System, Speakers; Wired
  • Legal Description: LOT 2 OFFICER'S ROW PHASE II TYBEE SMB 22S 9
  • Legal Subdivision: Officers Row Ph 11
  • List Price Per Sq Ft: 276.16
  • Phase Section: 2
  • Property Sub Type: Stick Built
  • Property Type: Residential
  • Road Surface: Asphalt, Curb & Gutter
  • Style: Architectural, Traditional
  • Year Built: 2005
  • Advertised Subdivision: Tybee Island
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Wine Chiller
  • Attic: Scuttle
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Fireplace Features: See-Thru
  • Fireplace Location: Great Room
  • Interior: Ceilings; 9' Plus, Elevator, Foyer; Entrance, Rear Stairs, Recessed Lights
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Gourmet Kitchen, Island, Pantry
  • Laundry: Dryer Connection, Laundry Room, Sink, Washer Connection
  • Primary Bathroom Features: Double Vanities, Separate Shower
  • Fireplaces: 1
  • Total Sq Ft: 4979

Exterior Features

  • Exterior House: Balcony, Courtyard, Front Porch, Porch, Screen Porch, Terrace
  • Foundation: Slab
  • Pool Hot Tub Description: In-Ground Pool, Spa
  • Pool/Hot Tub: Yes
  • Roof: Metal/Steel
  • Structure: Updated

Garage/Parking

  • Garage Spaces: 2
  • Num Parking Pad: 6
  • Parking Description: Attached, Auto Garage Door, Drive Under/Basement, Off Street

Utilities

  • Cable: Cable Access, Cable In Street, Cable Ready
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 2
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Green Features

  • Energy Features: Double Pane/Thermo, Extra Insulation, Programmable Thermostat

Lot Info

  • Exterior Lot: Garden Area, Lighting-Landscape, Sprinkler System
  • List Price Per Acre: 4583333.33
  • Lot Description: Interior
  • Lot Num: 2
  • Lot Size Sq Ft: 13068
  • Lot View: Ocean
  • Num Acres: 0.3000
  • Number Of Lots: 1
  • Parcel Number: 4-0002-20-029
  • Property Description: Full Size Lot

Tax Info

  • Annual Tax: 17260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 31, 2020
Sold by
Britt Peter M
Bought by
Petrone Jon T and Petrone Rosemary M
Seller's Agent
Judith McDougal
Re/Max Savannah
Buyer's Agent
MARY ANN SINCLAIR
Keller Williams Coastal Area P
List Price
$1,375,000
Sold Price
$1,406,250
Premium/Discount to List
$31,250
2.27%
Current Estimated Value
$2,164,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,607
Avg. Annual Appreciation
9.74%
Original Mortgage
$1,054,690
Outstanding Balance
$946,044
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,304,518

Purchase Details

Closed on
Oct 13, 2006
Sold by
Not Provided
Bought by
Britt Peter M
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
Petrone Jon T $1,406,250 --
Britt Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrone Jon T $1,054,690
Previous Owner Britt Peter M $991,000
Previous Owner Britt Peter M $1,104,000
Previous Owner Britt Jodi B $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,406,250 +2.3% $282 / Sq Ft
07/02/2020 07/02/20 For Sale $1,375,000 -2.2% $276 / Sq Ft
06/09/2020 06/09/20 Off Market $1,406,250 -- --
06/09/2020 06/09/20 For Sale $1,375,000 -- $276 / 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 $13,147 $640,000 $140,000 $500,000
2023 $20,282 $640,000 $140,000 $500,000
2022 $18,750 $837,120 $140,000 $697,120
2021 $19,278 $557,920 $193,080 $364,840
2020 $17,693 $529,240 $193,080 $336,160
2019 $17,691 $529,240 $193,080 $336,160
2018 $16,156 $516,680 $193,080 $323,600
2017 $16,088 $518,920 $193,080 $325,840
2016 $16,087 $514,680 $193,080 $321,600
2015 $16,253 $519,040 $193,080 $325,960
2014 $24,296 $524,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 224713

Savannah Multi-List Corporation

APN: 4000220029