tomo logo

$1,299,000

Beds
2
Baths
1.0
sq ft
852

6 Lovell Ave, Tybee Island, GA 31328

6 Lovell Ave

Tybee Island, GA 31328

  • 686 days on market
    • Price drop $196,000↓
Once in a lifetime chance to build your dream beach home on Tybee on this oceanfront lot with sweeping, panoramic, unobstructed views of the Atlantic Ocean. Architectural plans call for a 3-story, 3200+ square foot home featuring 2 master suites, 2 guest bedrooms and bunk room. All permits from DNR have been approved and in hand. All plans and permits will transfer with sale. The groundwork has been laid for this turnkey opportunity to build this fantastic home and get deep on Tybee​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ Time!!

Details

Property type

Single Family Residence

Est. home value

$1,307,275

Lot size

0.3 acres

Price per sq ft

$1,525

Year built

1935

Annual property taxes

$8,502

HOA

No

Price History

09/16/2024
SavannahMLS

SavannahMLS #280816

Price change
$1,299,000
-13.11%
06/07/2024
SavannahMLS

SavannahMLS #280816

Price change
$1,495,000
+6.79%
05/09/2024
SavannahMLS

SavannahMLS #280816

Price change
$1,400,000
-6.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Banksouth

Loan start date

October 2021

Original loan amount

$716,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial, 2 year

Seller

Simon Richardson and Robert Forrest

Lender

Banksouth

Loan start date

October 2021

Original loan amount

$716,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial, 2 year

Seller

Simon Richardson and Robert Forrest

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?

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Status: Active

Tomo last checked: 10/18/2024 at 6:20 AM

Listing updated: 09/30/2024 at 12:09 PM

Listed by: George W. Hassell, Brand Name Real Estate, Inc Phone #: (843) 737-0708

MLS: SavannahMLS #280816

SavannahMLS logo

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