tomo logo

$649,900

Beds
2
Baths
2.5
sq ft
1,224

505 Blair St, Savannah, GA 31401

505 Blair St

Savannah, GA 31401

  • 4 days on market
Timeless charm meets modern sophistication at this enchanting townhome in Savannah's Landmark Historic District! With an STVR certificate in place & lucrative rental history, this property offers both a highly profitable rental opportunity as well as a chic personal residence. Inside you'll find an open concept living area with a stately fireplace and custom built-ins. The kitchen has beautiful exposed brick, sleek countertops, and stainless appliances. Ascend the charming staircase to find two bedrooms, each boasting their own ensuite bathroom. The master suite even has a private balcony, the perfect spot for serene mornings and twilight reflections. The enclosed back porch overlooks a lovely shared courtyard garden, offering a tranquil escape and ample space for al fresco dining. Located nearby Mother Matilda Park, picturesque Whitefield Square, and all that Savannah's vibrant historic district has to offer, this piece of Savannah history is an opportunity you don't want to miss!

Details

Property type

Townhouse

Est. home value

$518,782

Lot size

1,045 sq ft

Price per sq ft

$531

Year built

1900

Monthly HOA fee

$33.33

Price History

09/13/2024
SavannahMLS

SavannahMLS #319545

Listed
$649,900
+101.52%
05/29/2020
SavannahMLS

SavannahMLS #222626

Sold
$322,500

Schools & Community

Neighborhood: 

Beach Institute

Elementary school: 

A. B. Williams

Middle school: 

Hubert

High school: 

Liberal Studies

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$377,483
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$220,425
Cash to seller
$377,483

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ameris Bank

Loan start date

May 2020

Original loan amount

$241,875

Est. remaining balance

$220,425

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Roberta Duncan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/17/2024 at 11:40 PM

Listing updated: 09/17/2024 at 11:04 PM

Listed by: Kristin Brown, Keller Williams Coastal Area P Phone #: (912) 356-5001

MLS: SavannahMLS #319545

SavannahMLS logo

Recently listed in Savannah

$255,000|3 bd|1.5 ba|House
$339,900|3 bd|2.0 ba|House
$199,900|3 bd|1.0 ba|House
$485,000|3 bd|2.0 ba|House
$325,000|4 bd|2.0 ba|House
$725,000|3 bd|3.5 ba|Townhouse
$989,000|3 bd|3.0 ba|House
$625,000|3 bd|2.5 ba|Townhouse
$210,000|1 bd|1.0 ba|Condo
$525,000|4 bd|2.5 ba|House

Explore top cities in Georgia