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5504 Magnolia Drive, Savannah, GA, 31406

4beds
4baths
2,424sqft
$475,000
$196price/sqft
$3,589/moest. monthly cost
$143,560/yrincome needed

About This Home

Step into this beautifully refreshed 1960s classic, perfectly blending mid-century charm with modern upgrades. Located in a highly desirable, established neighborhood, this home offers the space and character you’ve been searching for. The main level features a bright living room and a cozy, wood-paneled den—both outfitted with plush new carpeting. The separate dining room showcases stunningly refinished wood floors, and flows seamlessly into the updated kitchen. Home chefs will love the crisp new cabinetry and elegant granite countertops. Retreat to the upper level, where you will find three spacious bedrooms boasting beautifully refinished natural hardwoods. For ultimate flexibility, the downstairs includes a fourth bedroom or private home office, complete with new carpet and its own en suite bathroom. Outdoor living is a breeze with a large, covered patio overlooking an expansive, fully fenced backyard—ideal for entertaining or play. With fresh updates throughout and a timeless layout, this home is move-in ready and waiting for you!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

--
Low Elementary SchoolGrades PK-110.6 mi
4/10
Jenkins High SchoolGrades 9-120.3 mi
2/10
Myers Middle SchoolGrades 6-81.3 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Gas Water Heater,Oven,Range,Dryer,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Other

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Entrance Foyer,Main Level Primary,Pull Down Attic Stairs,Tub Shower,Upper Level Primary,Vanity
  • Window features: Double Pane Windows
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,424 sqft

Property

Details

  • Parcel number: 2013508002
  • Zoning: R6
  • Zoning description: Single Family
  • Special condition: Standard

Features

  • Patio & porch: Covered,Patio
  • Exterior features: Courtyard
  • Fencing: Chain Link,Yard Fenced
  • Has view: Yes
  • View description: Panoramic,Trees/Woods

Lot

  • Lot size: 0.30 Acres
  • Features: Back Yard,Garden,Interior Lot,Level,Private

Parking

  • Parking features: Off Street,Parking Available

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$402$4,824
Property Taxes $551$6,612
Electricity $235$2,826
Total$3,589$43,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,051/yr
40% on housing$107,670/yr
45% on housing$95,706/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 31406$222
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31406$198
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$499,900
2026-02-13Listed for sale$525,000
1985-08-01Sold$72,500

For Sale by Agent

AgentJeffrey D. Rayno
BrokerageNorthGroup Real Estate, Inc.

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