NOT LISTED FOR SALE

Estimated Value: $495,000 - $2,212,000

26 Beds
14 Baths
12,467 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $1,600,000 $128 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,625/month

73 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Central Air
  • 8.24 Acre Lot
  • Interior Lot
  • Heating Available

About This Home

As of August 2021

Calling All Investors!! Just Over 8 Acres of High Ground (X-Flood Zone) Near Isle of Hope with Water Frontage Just off LaRoche Ave, West of Pearl's Saltwater Grill and Wylly Island. Currently Gated and Houses 10 Investment properties Grossing $77,500 Per Year. The Land has Potential for Development if Desired or Leave in Place for Income Producing Portfolio. Other Possibilities Include Sub-Dividing the Back Lot of 4 Acres for Development. Additional Property and Rental Information Available Upon Request. Back 4 Acres May be Sold Separately for $350K

Last Agent to Sell the Property

Christina McIntosh

McIntosh Realty Team LLC License #280884 Listed on: 04/21/2021

Last Buyer's Agent

Patrick Bergen

Salt Marsh Realty LLC License #389447

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 8.24 Acre Lot
  • Waterfront
  • Interior Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 12,467 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 26 Bedrooms

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Assessor Parcel Number 1-0362-01-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

8.24 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Multi Family
  • Appliances: Electric Water Heater
  • Original List Price: 2250000.00
  • Living Area: 12467.00
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 11
  • Half Bathrooms: 3
  • Total Bedrooms: 26
  • Stories: 1

Exterior Features

  • Waterfront Features: Creek, Tidal
  • Waterfront?: Yes

Utilities

  • Utilities: Underground Utilities
  • Water Source: Private, Well
  • Cooling: Central Air, Electric, Gas, Other
  • Has Cooling?: Yes
  • Heating: Central, Electric, Gas, Other
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Has H O A?: No

Lot Info

  • Zoning: R-1/EO
  • Lot Features: Interior Lot, Irregular Lot
  • Lot Size Acres: 8.24
  • Lot Size Sq Ft: 358934.00
  • Parcel#: 1-0362-01-003
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 2, 2021
Sold by
Valdes Charlotte Lee
Bought by
Elishas Properties Ga1 Llc
Seller's Agent
Christina McIntosh
McIntosh Realty Team LLC
Buyer's Agent
Patrick Bergen
Salt Marsh Realty LLC
List Price
$2,250,000
Sold Price
$1,600,000
Premium/Discount to List
-$650,000
-28.89%
Current Estimated Value
$1,571,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,355
Avg. Annual Appreciation
-0.39%
Original Mortgage
$1,238,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Elishas Properties Ga1 Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elishas Properties Ga1 Llc $1,238,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $1,600,000 -28.9% $128 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $2,250,000 -- $180 / Sq Ft
Source: Hive MLS

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 $18,444 $552,080 $212,280 $339,800
2024 $18,444 $552,080 $212,280 $339,800
2023 $15,818 $552,080 $212,280 $339,800
2022 $5,444 $552,080 $212,280 $339,800
2021 $3,946 $152,800 $53,080 $99,720
2020 $5,575 $0 $0 $0
2019 $6,644 $2,040 $0 $0
2018 $6,909 $152,800 $53,080 $99,720
2017 $5,049 $152,800 $39,040 $113,760
2016 $5,049 $151,600 $51,000 $100,600
2015 -- $2,040 $0 $0
2014 $5,419 $100,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: SA245826

Hive MLS

APN: 1036201003

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