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Savannah 31407
9 Fall Lake Way
$296,000
● House - Off Market

9 Fall Lake Way

Savannah, GA 31407
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,441 Ft²
$1,830
Est. Monthly
$50
HOA / Fees
6.96%
Cap Rate

About This Property

Been looking for an open-concept ranch, with a split-bedroom floor plan and resort-style amenities? Look no further. This house has just what you have been searching for and all in a fantastic location. Minutes from the Tanger Outlets in Pooler,  an easy commute to downtown Savannah, Effingham  County, or Richmond Hill. Loads of restaurants and stores to choose from make this location incredibly convenient. New LVP throughout the house, a custom pantry, and a beautiful fenced backyard with plums and thornless blackberries for your enjoyment make this house the perfect home.
Unit Size
1,441 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$211
Property Type
House
Property Taxes
$285
HOA Dues
$50
Year Built
2007

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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 #10291041)

Price History

Date / Event Date Event Price
Jun 14, 2024 Sold
Premium
Sold
Apr 14, 2024 Listed by Coldwell Banker Access Realty $304,500
Listed by Coldwell Banker Access Realty
Jul 13, 2021 Sold
Premium
Sold
May 31, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • 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: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,441
  • Building Area: 1,441
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,441
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING LAKES SUB
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: RES
  • Legal Description 1: LOT 86 SPRING LAKES SUB PH 1B S MB 36S 86A .101 AC SMB 37S 82A

Neighborhood

  • School District Name: Chatham County School District
  • Census Tract: 010706

Zoning

  • Zoning: PUDC

Geography

  • Subdivision Phase Number: 1B
  • Parcel: 2-1016F-04-005
  • Lot: 86
  • Municipality: CITY OF SAVANNAH
  • Latitude: 32.1726
  • Longitude: -81.2445

    Address

  • Full Address: 9 Fall Lake Way
  • Address - House Number: 9
  • Address - Street Name: Fall Lake
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Savannah
  • Carrier Code: H063
  • 4-Digit Zip Code: 3535
  • Zip Code: 31407

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $189,198

    Appraisal Valuation

  • Standard Deviation: 0.2585
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 281,631
  • High Value: 354,438
  • Low Value: 208,823

    Market Valuation

  • Market Total Value: $238,000
  • Market Land Value: $57,000
  • Market Improvement Value: $181,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,200
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $72,400

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-008958
  • Previous Sale Recording Date: Jul 13, 2021
  • Previous Sale Contract Date: Jul 13, 2021
  • Previous Sale Amount: $205,000
  • 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 Savannah

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$199

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1729 ft²

Average Home Age

56.4 years

Currently For Sale

148 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

Unit for rent at 27 Ashmont Street, Savannah, GA, 31407

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,040 ft²
27 Ashmont Street, Savannah, GA, 31407

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Tosha Banks, Coldwell Banker Access Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10291041
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 9 Fall Lake Way built and last sold?
The property at 9 Fall Lake Way was built in 2007 and last sold on Jul 13, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 9 Fall Lake Way is $0.
What are some comparable homes to 9 Fall Lake Way?
There are currently no comparable homes to 9 Fall Lake Way.
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