NOT LISTED FOR SALE

Estimated Value: $262,000 - $280,267

3 Beds
2 Baths
1,556 Sq Ft
$263/mo HOA Fee

Last Sold August 03, 2018

Last sale price $145,000 $93 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,059/month

65 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Traditional Architecture
  • Tennis Courts

About This Home

As of August 2018

Immaculate 3 bd 2 ba 3rd floor condo in Mercer Point on Whitemarsh Island with beautiful hardwood floors, vaulted ceilings, new ac unit, new washer, and new dishwasher. Currently brings in $1350 rental income per month. Private gated community close to shopping, restaurants, and schools. Amenities include pool, tennis, fitness center and clubhouse.

Last Agent to Sell the Property

Mary Kathryn Smith

Seabolt Real Estate License #380651 Listed on: 04/14/2018

Co-Listed By

Richard Sturgess

Savannah Realty License #347361

Last Buyer's Agent

ALICE WERNTZ

Coastal Islands Real Estate License #279828

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Single Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bathroom
  • Accessibility Features

Schools

  • Marshpoint Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric
  • Assessor Parcel Number 1-0139A-08-024

Community Details

Overview

  • Lanier Realty Association

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,834

Year Built

Built in 2002

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Ada Features: 30" Doors, Big Bath
  • ADA Features: Yes
  • Construction: Frame, Wood
  • Current Zoning: PUDM6
  • Flood Insurance: Yes
  • Inclusions: Ceiling Fans
  • Legal Description: UNIT 8308 BLDG 8 MERCER POINT CONDOMINIUM CPB 2-200A
  • Legal Subdivision: Mercer Point Condo
  • List Price Per Sq Ft: 96.34
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Recreation Facilities: Clubhouse, Fitness Facilities, Pool-Community, Tennis Courts
  • Road Surface: Asphalt
  • Style: Traditional
  • Year Built: 2002
  • Advertised Subdivision: Mercer Point
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric, Hood Fan, Icemaker Connection, Microwave, Range/Oven, Refrigerator, Self-Clean Oven, Single Oven, W/D Connection, Washer
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Common Walls: 2 Commonwalls
  • Interior: Ceiling; Vaulted, Foyer; Entrance
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Galley Kitchen
  • Laundry: Laundry Room
  • Total Sq Ft: 1556
  • Unit Floor: 3

Exterior Features

  • Foundation: Off Ground
  • Roof: Asphalt

Garage/Parking

  • Parking Description: Parking Lot

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central, Heat Pump
  • Electric: 110 Volt, 220 Volt
  • Heating Type: Central, Heat Pump
  • Num Cooling Units: 1
  • Num Heating Units: 1
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Association Name: Lanier Realty
  • Association: Yes
  • Community: Gated, Sidewalks, Street Lights

Schools

  • Elementary School: Marshpoint
  • Middle School: Coastal
  • High School: Islands

Green Features

  • Energy Features: Double Pane/Thermo

Lot Info

  • List Price Per Acre: 7495000.00
  • Lot Size Sq Ft: 871
  • Num Acres: 0.0200
  • Parcel Number: 1-0139A-08-024
  • Property Description: Built As Condominium

Rental Info

  • Rental Info: Entire House
  • Tenant Pays: Cable, Electric

Tax Info

  • Annual Tax: 1834

MLS Schools

  • Elementary School: Marshpoint
  • HighSchool: Islands
  • Middle School: Coastal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Jul 27, 2018
Sold by
Crowe Denise
Bought by
Law Larry Dwayne and Law Jamma Ann
Seller's Agent
Mary Kathryn Smith
Seabolt Real Estate
Buyer's Agent
ALICE WERNTZ
Coastal Islands Real Estate
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$272,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,817
Avg. Annual Appreciation
9.58%
Original Mortgage
$108,750
Outstanding Balance
$95,418
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$182,380

Purchase Details

Closed on
Oct 16, 2008
Sold by
Not Provided
Bought by
Crowe Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,373
Interest Rate
5.78%
Mortgage Type
FHA
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
Law Larry Dwayne $145,000 --
Crowe Denise L $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Larry Dwayne $108,750
Previous Owner Crowe Denise L $126,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $145,000 -3.3% $93 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $149,900 -3.2% $96 / Sq Ft
04/14/2018 04/14/18 For Sale $154,900 -- $100 / 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 $3,849 $104,240 $18,240 $86,000
2023 $3,147 $93,360 $12,560 $80,800
2022 $2,133 $72,400 $12,560 $59,840
2021 $2,120 $59,880 $12,560 $47,320
2020 $1,976 $59,360 $12,560 $46,800
2019 $1,976 $54,160 $12,560 $41,600
2018 $1,942 $53,120 $12,560 $40,560
2017 $1,834 $53,440 $12,560 $40,880
2016 $1,744 $52,360 $12,560 $39,800
2015 $1,492 $44,720 $0 $44,720
2014 $1,844 $37,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 188787

Savannah Multi-List Corporation

APN: 10139A08024