NOT LISTED FOR SALE

704 2nd Ave Tybee Island, GA 31328

Estimated Value: $605,000 - $716,000

4 Beds
2 Baths
1,767 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $650,000 $368 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,236/month

49 Days on Market

Highlights

  • Community Beach Access
  • Boat Ramp
  • RV Parking in Community
  • Howard Elementary School Rated A-
  • Fitness Center
  • Fenced Yard

About This Home

As of June 2022

This duplex is located just 2 blocks from the beach and ocean. This renovated duplex offers "The Sea Gull's Nest" upstairs and" The Turtle Shell" downstairs. Both units are updated, clean and charming. The upstairs unit features kitchen, dining, living area, two bedrooms and one bath. The downstairs features kitchen, dining and living area, one bedroom, a bonus room used as a small bedroom and one bath. Each have their own outside space and share laundry room and garage/storage area. New roof and HVAC. The duplex has 2 STVR certificates and good rental history. Sold furnished. No flood required. Plenty of room for a pool.

Last Agent to Sell the Property

Lee Ann Marsh

Century 21 Solomon Properties License #245551 Listed on: 04/11/2022

Century 21 Solomon Properties

Last Buyer's Agent

Amber Williams

Re/Max Savannah License #243989

Re/Max Savannah

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 1981

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60 x 78.86 x 59.13 x 78.92
  • Fenced Yard
  • Vinyl Fence
  • Wood Fence
  • Interior Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,767 Sq Ft Home
  • 2-Story Property
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4-0005-18-007A

Community Details

Overview

  • RV Parking in Community

Recreation

  • Boat Ramp
  • Community Beach Access
  • Fitness Center
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,880

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Construction: Vinyl
  • Current Zoning: R2
  • Legal Description: LT 40B WD 2 TYBEE
  • List Price Per Sq Ft: 367.86
  • Property Sub Type: Duplex
  • Property Type: Multifamily
  • Recreation Facilities: Fitness Facilities
  • Road Surface: Paved
  • Year Built: 1981
  • Zoning Description: Single Family
  • Special Features: None

Interior Features

  • Attic: Pull Down
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Laundry: Dryer Connection, Washer Connection
  • Total Sq Ft: 1767

Exterior Features

  • Other Structures: Shed
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Num Parking Pad: 4
  • Parking Description: Off Street

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Electric: 110 Volt, 220 Volt
  • Heating Type: Central
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Boat Ramp, Boat/Camper/Van Parking, Park, Sidewalks, Street Lights, Walk To Shopping

Schools

  • Elementary School: May Howard
  • Middle School: Coastal
  • High School: Islands

Lot Info

  • Exterior Lot: Fenced Yard
  • Fencing: Vinyl (PVC), Wood
  • List Price Per Acre: 5909090.91
  • Lot Description: City, Interior, Level
  • Lot Dimension: 60 x 78.86 x 59.13 x 78.92
  • Lot Num: 40b
  • Lot Size Sq Ft: 4792
  • Num Acres: 0.1100
  • Parcel Number: 4-0005-18-007A

Tax Info

  • Annual Tax: 4880

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 15, 2022
Sold by
Orr Michael D
Bought by
Chen Sheng Mao
Seller's Agent
Lee Ann Marsh
Century 21 Solomon Properties
Buyer's Agent
Amber Williams
Re/Max Savannah
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$672,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,287
Avg. Annual Appreciation
1.03%
Original Mortgage
$422,500
Outstanding Balance
$353,119
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$319,168

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 22, 2019
Sold by
Shira William G
Bought by
Orr Michael D and Orr Cynthia A
Seller's Agent
Cindy Meyer
Seabolt Real Estate
Buyer's Agent
Lee Ann Marsh
Century 21 Solomon Properties
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.00%
Original Mortgage
$243,750
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Chen Sheng Mao $650,000 --
Orr Michael D $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Sheng Mao $422,500
Previous Owner Orr Michael D $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $650,000 0.0% $368 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $650,000 +100.0% $368 / Sq Ft
07/22/2019 07/22/19 Sold $325,000 -4.4% $184 / Sq Ft
06/14/2019 06/14/19 For Sale $340,000 0.0% $192 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $340,000 -- $192 / 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 $8,226 $246,080 $130,000 $116,080
2024 $8,226 $247,080 $130,000 $117,080
2023 $7,361 $232,280 $120,000 $112,280
2022 $4,881 $194,640 $120,000 $74,640
2021 $5,088 $145,240 $54,000 $91,240
2020 $5,320 $130,000 $45,320 $84,680
2019 $5,320 $154,840 $54,000 $100,840
2018 $4,865 $141,600 $54,000 $87,600
2017 $3,718 $124,080 $64,480 $59,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 267184

Savannah Multi-List Corporation

APN: 4000518007A