NOT LISTED FOR SALE

Estimated Value: $657,000 - $723,000

2 Beds
2 Baths
1,197 Sq Ft
$470/mo HOA Fee

Last Sold October 01, 2021

Last sale price $525,000 $439 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,146/month

60 Days on Market

Highlights

  • Shops
  • Central Heating and Cooling System
  • 2-minute walk to Ellis Square
  • Property is near schools

About This Home

As of October 2021

STVR Licensed condo can be Airbnb/VRBO vacation rental full time per city ordinance with licensure fee! No cap, no waiting list! Arched windows are super unique and rare overlooking Broughton Street.

Long history as popular vacation rental! Year to Date rent (Jan 1-Aug 1 2021) is 35,238

Unit is sold fully furnished and option to take over owner's $100 per month City parking garage 24/7 access card is available with full price offer. The city garage access/card does not go with real estate and transfer would be a courtesy for buyer for ease of STVR continuation as guests love having the card. Owners may get a residential decal to park on street at meters without paying. Original heart pine wood floor is intact under the floating laminate floor which was installed with the plan to allow easy removal

Last Listed By

Mary Anderson

First City Realty, LLC License #354393 Listed on: 07/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,765

Year Built

  • Built in 1860

Lot Details

  • 436

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Composition Roof

Interior Spaces

  • 1,197 Sq Ft Home
  • 1-Story Property
  • Laundry in Hall

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 2000443021

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,765

Year Built

Built in 1860

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • GarageYN: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1860
  • ResoLaundryFeatures: In Hall
  • Ownership: Homeowner/Owner
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Loft
  • Property Attached Yn: Yes
  • Tax Year: 2020
  • Master Plan Zoning: BC1
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Acres: 0.01
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5643.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Shopping, Street Lights, Sidewalks, Walk to School

Lot Info

  • Horses: No
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 436.0
  • Parcel Number: 2000443021
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial,Mixed use
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 1, 2021
Sold by
Klausen Kraig L
Bought by
Aziz Naveed
Seller's Agent
Mary Anderson
First City Realty, LLC
Buyer's Agent
Mary Anderson
First City Realty, LLC
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Total Days on Market
60
Current Estimated Value
$693,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,241
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Mar 10, 2021
Sold by
Klausen Kraig L
Bought by
Klausen Kraig L and Klausen Kraig

Purchase Details

Closed on
Oct 31, 2008
Sold by
Not Provided
Bought by
Klausen Kraig L and Klausen Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.11%
Mortgage Type
Commercial

Range of Values:

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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
Aziz Naveed $525,000 --
Klausen Kraig L -- --
Klausen Kraig L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klausen Kraig L $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $525,000 -4.5% $439 / Sq Ft
08/07/2021 08/07/21 Price Changed $550,000 -7.6% $459 / Sq Ft
08/01/2021 08/01/21 For Sale $595,000 -- $497 / 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 $9,765 $227,160 $48,880 $178,280
2023 $2,798 $229,360 $48,880 $180,480
2022 $4,767 $210,000 $48,560 $161,440
2021 $6,902 $154,640 $48,880 $105,760
2020 $4,437 $140,520 $48,880 $91,640
2019 $6,243 $140,520 $48,880 $91,640
2018 $5,852 $130,120 $48,880 $81,240
2017 $4,885 $116,200 $48,880 $67,320
2016 $3,434 $117,720 $48,880 $68,840
2015 $4,706 $112,840 $0 $112,840
2014 $5,682 $102,400 $0 $0
Source: Public Records

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Source: Savannah Multi-List Corporation

MLS Number: 254423

Savannah Multi-List Corporation

APN: 2000443021