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224 Houston St, Savannah, GA, 31401

$5,950,000

15 Bedrooms
15 Full Baths
9,954 SqFt
$598/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #314575
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 224 Houston St

Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 9,954 SqFt

Listing Office:

  • Office Name: Seabolt Real Estate
  • Office Phone: (912) 233-6609
  • Listing Agent: Taavo Roos

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 15
  • Total Bedroom Count: 15

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Facing directly onto Crawford Square.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,950,000
  • Price Per SqFt: $598/SqFt

Tax Information:

  • Annual Amount: $4,901
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Savannah, GA.

Med. Sold Price

$364.6K

Med. Price/SqFt

$215

Avg. Days On Market

52

# of Sold Homes

246

224 Houston St vs Savannah

156 DAYS ON ROCKET

+104 Days

$5,950,000

+$5.5M More

$598/SqFt

+$382 More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $382/SqFt more than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #314575

Listing Office:

  • Office Name: Seabolt Real Estate
  • Office Phone: (912) 233-6609
  • Listing Agent: Taavo Roos

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with 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. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/20/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2018Home Sold
$1,906,000
Sep 13, 2011Home Sold
$230,000
Sep 13, 2011Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,901$310,240
2019$4,901$805,760
2018$5,360$707,000
2017$5,360$182,800

History based on county public records data.

Payment Calculator

$29.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-501358
3
/10
  • Andrea B. Williams Elementary School

  • 1150 Wheaton St

  • 0.86 miles

  • Public District Grades 1-5

school-card-donut-501359
3
/10
  • Gadsden Elementary School

  • 919 May St

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-501360
3
/10
  • Shuman Elementary School

  • 415 Goebel Ave

  • 1.42 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,978. The majority of Savannah, GA residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesGeorgiaChatham CountySavannah31401224 Houston St

This home is located at 224 Houston St in Savannah, GA and zip code 31401 in the North Historic District neighborhood. This 9,954 square foot home, which was built in 1935, sits on a 0.12 acre lot. Features: 15 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $5,950,000.

Over 42 listings were sold over their listed price in November 2024 in Savannah, GA. In the same period over 137 listings were sold below the listed price and 67 listings were sold for the listed price. In November 2024 in Savannah, GA there were 5.6% more homes for sale than in October 2024. In November 2024 median list price was $364,670 and the average listing age was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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