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Savannah 31405 Tatemville
414 Mckenzie Place
$233,900
● House - Off Market

414 Mckenzie Place

Savannah, GA 31405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
833 Ft²
$1,187
Est. Monthly
11.71%
Cap Rate

About This Property

Impressive and fully renovated from the studs bungalow in Midtown Savannah, just 5 minutes from Hunter Army Airfield and 10 minutes from hospitals, shopping malls, SCAD buildings, restaurants, and all the charm Savannah has to offer. This property boasts a new HVAC and roof. Affordable and conveniently located, this move-in-ready bungalow is a must-see!" No HOA!
Unit Size
833 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$276
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1944

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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: 2 years ago (GAMLS #10380811)

Price History

Date / Event Date Event Price
Jan 7, 2025 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Nov 21, 2024 Price Decreased $229,900
↓ $7K (3%)
Price Decreased
Sep 19, 2024 Listed by Next Move Real Estate $237,000
Listed by Next Move Real Estate
Jun 12, 2023 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,840
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 440
  • Total Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 768
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TATEMVILLE
  • Land Acres: 0000000111
  • Standard Land Use Code: 1001
  • County Land Use Code: RES
  • Legal Description 1: LOT B RECOMBINATION OF LOT 6 & EASTERN 20 FT OF LOT 7 ARGYLE S

Neighborhood

  • School District Name: Chatham County School District
  • Census Tract: 003400

Zoning

  • Zoning: R1

Geography

  • Parcel: 2-0107 -05-050
  • Lot: B,6-7
  • Municipality: CITY OF SAVANNAH
  • Latitude: 32.037
  • Longitude: -81.1138

    Address

  • Full Address: 414 Mckenzie Pl
  • Address - House Number: 414
  • Address - Street Name: Mckenzie
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Savannah
  • Carrier Code: C031
  • 4-Digit Zip Code: 3912
  • Zip Code: 31405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,126
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 124,373
  • High Value: 151,832
  • Low Value: 96,913

    Market Valuation

  • Market Total Value: $58,900
  • Market Land Value: $20,000
  • Market Improvement Value: $38,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,560
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $15,560

    Sales

  • Current Sale Contract Date: Jun 04, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-005560
  • Previous Sale Recording Date: Jul 29, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Amount: $15,000
  • 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 Midtown

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$221

Below Asking

0.04%

Average Days on Market

87

Average Home Size

1252 ft²

Average Home Age

78.4 years

Currently For Sale

64 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: Zacker Hannon, Next Move Real Estate
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10380811
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 414 McKenzie Place built and last sold?
The property at 414 McKenzie Place was built in 1944 and last sold on Jun 4, 2023 for $70,000.
How much is this home worth?
The estimated value of the home located at 414 McKenzie Place is $0.
What are some comparable homes to 414 McKenzie Place?
There are currently no comparable homes to 414 McKenzie Place.
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