NOT LISTED FOR SALE

9 Palmwood St Tybee Island, GA 31328

Estimated Value: $792,000 - $947,000

3 Beds
2 Baths
1,848 Sq Ft
$457/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $650,000 $352 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,291/month

91 Days on Market

Highlights

  • 16,117 Sq Ft lot
  • Deck
  • Fireplace
  • Howard Elementary School Rated A-
  • No HOA
  • 5-minute walk to Fort Screven Historic District

About This Home

As of October 2021

Steps from the North Beach beach access, on the quiet street of Palmwood, this home offers almost 1900sf of living space with views of the Atlantic Ocean from the Master Bedroom and the kitchen. This home sits in the middle of a 16,000sf lot giving you room on all sides of this home to make additions to the main floor or to add a second floor or even more Ocean views . The North beach area is the premier location for both year around residents and vacation home owners alike. This homes location and lot size do not come around very often, don’t wait. Make plans to view this one of a kind property when it hits the market soon.

Last Agent to Sell the Property

Joel Solomon

Century 21 Solomon Properties License #349031 Listed on: 06/30/2021

Century 21 Solomon Properties

Last Buyer's Agent

Joel Solomon

Century 21 Solomon Properties License #349031 Listed on: 06/30/2021

Century 21 Solomon Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,520

Year Built

  • Built in 1982

Lot Details

  • 0.37 Acre Lot
  • Wood Fence
  • 4 Pads in the community
  • Property is zoned R1

Home Design

  • Raised Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 3 Carport Spaces

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 4000220006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,520

Year Built

Built in 1982

Lot Details

0

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1982
  • ResoLaundryFeatures: In Kitchen
  • Road Surface Type: Asphalt
  • Ownership: Estate
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Other
  • Carport Y N: Yes
  • Property Attached Yn: No
  • Master Plan Zoning: R1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Fireplace Features: Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Acres: 0.37
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: Attached

Utilities

  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Islands

Lot Info

  • Fencing: Wood
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16117.0
  • Parcel Number: 4000220006
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 19

MLS Schools

  • Elementary School: May Howard
  • HighSchool: Islands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 1, 2021
Sold by
Mcmahon Matthew Knox
Bought by
Cotc Lllp
Seller's Agent
Joel Solomon
Century 21 Solomon Properties
Buyer's Agent
Joel Solomon
Century 21 Solomon Properties
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$845,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,059
Avg. Annual Appreciation
6.80%
Original Mortgage
$520,000
Outstanding Balance
$473,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,898

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 24, 2021
Sold by
Cornelius Matthew David
Bought by
Mcmahon Matthew Knox and Mcmahon Frances Blanchard
Seller's Agent
Joel Solomon
Century 21 Solomon Properties
Buyer's Agent
Joel Solomon
Century 21 Solomon Properties
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$473,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,898
Source: Public Records

Range of Values:

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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
Cotc Lllp -- --
Mcmahon Matthew Knox -- --
Mcmahon Matthew Knox $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Matthew Knox $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $650,000 -6.5% $352 / Sq Ft
07/08/2021 07/08/21 For Sale $695,000 -- $376 / 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 $9,520 $317,640 $195,000 $122,640
2024 $9,520 $318,880 $195,000 $123,880
2023 $9,520 $300,400 $195,000 $105,400
2022 $636 $246,320 $143,000 $103,320
2021 $636 $140,240 $60,200 $80,040
2020 $318 $130,280 $60,200 $70,080
2019 $318 $130,280 $60,200 $70,080
2018 $2,397 $128,080 $60,200 $67,880
2017 $2,419 $130,160 $60,200 $69,960
2016 $2,419 $133,320 $62,720 $70,600
2015 $2,320 $117,000 $63,080 $53,920
2014 $3,213 $109,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 252951

Savannah Multi-List Corporation

APN: 4000220006