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123 West Gwinnett Street

123 West Gwinnett Street, Savannah, GA 31401
2 Units For Sale
Unit for sale at 123 W Gwinnett Street, Savannah, GA 31401

$2,600,000

  • 11 Beds
  • 9 Baths
  • 6,571 ft²
123 W Gwinnett Street, Savannah, GA 31401 Listing by Bryn Futrell

Unit for sale at 123 W Gwinnett Street, Savannah, GA 31401

$2,600,000 ↑ $200K

  • 11 Beds
  • 9 Baths
  • 8,800 ft²
123 W Gwinnett Street, Savannah, GA 31401 Listing by Bryn Futrell

123 West Gwinnett Street in Savannah, GA was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 123 West Gwinnett Street has 6,571 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 840 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 5,502 square feet.

Learn more about the property and building on this page. There is a porch. The home has a hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 31, 2016 for $722,000. That's $109.88 per sqft. Prior to that sales transaction, the property was also sold in Dec 2, 2005 for $562,500. 123 West Gwinnett Street was last assessed in 2023. The total value of the property was assessed at $465,760. Specifically, the land the property is located on was valued at $85,040. While improvements on the property were assessed at a total of $380,720. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,978. The initial tax year of delinquency was in 2020. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230501
05/01/2023
11 Bed
9 Bath
8800 ft²
$5,500,000
bedrooms
11 Bed
bathrooms
9 Bath
square feet
8800 ft²
-
-
-
Brian Lee Stafford
Century 21 Solomon Properties
20181114
11/14/2018
8 Bed
6 Bath
6571 ft²
$1,099,000
bedrooms
8 Bed
bathrooms
6 Bath
square feet
6571 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 2
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 29
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,502
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 840
  • Total Building Area: 6,571
  • Building Area: 6,571
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,571
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VICTORIAN
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH 84 FEET OF LOT 19 LLOYD WA RD

Ownership

  • Current Owner : VASANTA LLC
  • Previous Owner : BROWN JOHN A
  • Owner Before Previous Owner: NOT PROVIDED
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chatham County School District
  • Census Tract: 011200

Zoning

  • Zoning: RIP

Geography

  • Parcel: 2-0044 -10-008
  • Lot: 19
  • Municipality: CITY OF SAVANNAH
  • Latitude: 32.0676
  • Longitude: -81.0985

    Address

  • Full Address: 123 W Gwinnett St
  • Address - House Number: 123
  • Street Direction: W
  • Address - Street Name: Gwinnett
  • Address - Suffix Type: St
  • State: GA
  • City Name: Savannah
  • Carrier Code: C037
  • 4-Digit Zip Code: 5583
  • Zip Code: 31401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,978
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,255,521
  • High Value: 1,473,220
  • Low Value: 1,037,821

    Market Valuation

  • Market Total Value: $1,164,400
  • Market Land Value: $212,600
  • Market Improvement Value: $951,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,760
  • Assessed Land Value: $85,040
  • Assessed Improvements Value: $380,720

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Transaction ID: 1858992915
  • Current Sale Price: $722,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-010440
  • Previous Sale Recording Date: Dec 02, 2005
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $562,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CHATHAM BANK
  • First Mortgage Transaction Date: Nov 01, 2016
  • First Mortgage Loan Amount: $577,600
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Dec 05, 2005
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Downtown Savannah



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Frequently Asked Questions

What neighborhood is 123 West Gwinnett Street located in?
The 123 West Gwinnett Street is a townhouse located in the neighborhood of Historic District-South in Downtown Savannah, Savannah.
How many listings are currently for sale in 123 West Gwinnett Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 123 West Gwinnett Street?
The average sales price for units in 123 West Gwinnett Street is $2,600,000 , or $346/sqft. currently.

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