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Savannah 31419 Wilshire Estates - Savannah Mall
233 Forest Ridge Drive
$180,000
● House - Off Market

233 Forest Ridge Drive

Savannah, GA 31419
bedrooms
2 Beds
bathrooms
1 Bath
square feet
916 Ft²
$182,007
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Well Maintained, Full Brick Home offering 2 bedrooms and 1 full bathrooms with Fireplace and Private Backyard. Move in Ready! New Flooring, New Paint, New Garage Door, New Oven, New HVAC & Duct Work and Roof Only 6 Years Old! The kitchen is ready for someone to put their own style into the cabinets and counters to make this house a home! Must see! Call today to schedule your private viewing! Estate Sale- No Disclosures.
Unit Size
916 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$191
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #20063471)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Premium
Sold
Aug 4, 2022 Listed by Keller Williams Realty $175,000
Listed by Keller Williams Realty
Dec 22, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 916
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 916
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST RIDGE SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: RES
  • Legal Description 1: LOT 537 FOREST RIDGE SUB DIVISI ON PH 1

Neighborhood

  • School District Name: Chatham County School District
  • Census Tract: 010901

Zoning

  • Zoning: RA

Geography

  • Subdivision Phase Number: 1
  • Parcel: 2-0784 -07-024
  • Lot: 537
  • Municipality: CITY OF SAVANNAH
  • Latitude: 31.9934
  • Longitude: -81.1608

    Address

  • Full Address: 233 Forest Ridge Dr
  • Address - House Number: 233
  • Address - Street Name: Forest Ridge
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Savannah
  • Carrier Code: C039
  • 4-Digit Zip Code: 1253
  • Zip Code: 31419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $108,630

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 186,476
  • High Value: 229,151
  • Low Value: 143,802

    Market Valuation

  • Market Total Value: $144,700
  • Market Land Value: $40,000
  • Market Improvement Value: $104,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,880
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $41,880

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-010941
  • Previous Sale Recording Date: Dec 22, 2021
  • Previous Sale Contract Date: Dec 22, 2021
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southside

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1879 ft²

Average Home Age

46.8 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GAMLS

Listed by: Chelsey Pevey, Keller Williams Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20063471
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 233 Forest Ridge Drive built and last sold?
The property at 233 Forest Ridge Drive was built in 1987 and last sold on Sep 9, 2022 for $180,000.
How much is this home worth?
The estimated value of the home located at 233 Forest Ridge Drive is $0.
What are some comparable homes to 233 Forest Ridge Drive?
There are currently no comparable homes to 233 Forest Ridge Drive.
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