#324810, Ruthie Lynah, Listing Office: Daniel Ravenel SIR
505 E Mcdonough St Savannah, GA 31401
Property details
About 505 E Mcdonough St
Ideally situated in the heart of Savannah's National Historic Landmark District, this bright, turnkey investment property overlooking Crawford Square features three high-performing, fully furnished, completely renovated short-term vacation rental units with strong rental histories and future reservations already on the books. Perfectly positioned on a quiet block within easy walking distance to Savannah’s best shops, art galleries and restaurants, this historic property includes three active non-owner occupied STVR permits for elegantly renovated garden-level, parlor-level and penthouse units. Highlights include beautifully upgraded kitchens and baths as well as stunning hardwood floors, original fireplaces, masterful millwork and large windows with abundant natural light. Don't miss out on this incredible investment opportunity!
Highlights
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Summary
- MLS Number: 325243
- MLS Name: SAV
- Office Name: Seabolt Real Estate
- Office Phone: (912) 233-6609
- Office Email: eseabolt@seaboltbrokers.com
- Listing Agent: Staci M. Donegan
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Last updated on: 3/11/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,900,000
505 E Mcdonough St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 14, 2023 | Home Sold | $1,300,000 |
Mar 04, 2022 | Home Sold | $1,160,000 |
Jun 30, 2015 | Home Sold | $265,000 |
Jun 30, 2015 | Home Sold | $265,000 |
Nov 14, 2006 | Home Sold | $325,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $520,000 | $- |
2022 | $241,960 | $10,018 |
2021 | $311,880 | $13,469 |
2020 | $311,880 | $13,820 |
2019 | $311,880 | $13,820 |
History based on county public records data.
Nearby schools
3
Andrea B. Williams Elementary School
Public District 1-5
0.9 mi
•1150 Wheaton St
3
Gadsden Elementary School
Public District PK-5
1.2 mi
•919 May St
3
Shuman Elementary School
Public District 1-5
1.5 mi
•415 Goebel Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,978. The most common annual income of people living in Savannah, GA is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 505 E Mcdonough St
This home is located at 505 E Mcdonough St in Savannah, GA and zip code 31401 in the North Historic District neighborhood. This 3,200 square foot home, which was built in 1886, sits on a 0.03 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $1,900,000.
While more than 33 listings in Savannah, GA in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 130 were sold below. In February 2025 in Savannah, GA there were 13.3% more homes for sale than in January. The median list price of listings available in February 2025 was $369,844, while the average time on the real estate market was 65 days.