2 months on rocket

511 W 40th St, Savannah, GA, 31415

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
2 Full Baths
2,550 SqFt
$98/SqFt
House

Location

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511 W 40th St, Savannah$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1900
HeatingNone
CoolingOther
MLS #10376204
Lot Size0.07 Acres
StatusActive

About 511 W 40th St

Nestled in the burgeoning neighborhood of Savannah, 511 W 40th St offers a unique blend of historical charm and promising investment potential, all for just $190,000. This spacious four-bedroom, two-bathroom home boasts an expansive 2,550 square feet of living space, perfect for families, professionals, or savvy investors looking to capitalize on a flip. Retaining its original architectural details, the property exudes a timeless appeal that complements its modern renovation possibilities. Located mere minutes from the vibrant heart of downtown Savannah, residents can enjoy easy access to a plethora of shops, restaurants, and cultural attractions. Additionally, its proximity to major hospitals and the Savannah College of Art and Design (SCAD) enhances its desirability, making it an excellent choice for those seeking convenience in a lively urban setting. With active rehabs in the area, this property is not just a home but a wise investment in a rapidly appreciating part of the city.

Property Details

Property Features

Property Information:

  • Architectural Style: Brick/Frame
  • Year Built: 1900
  • Living Area: 2,550 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Coastal
  • Listing Agent: Brandon Fargo

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: High Ceilings, Rear Stairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Other

Other

Directions Information:

  • Directions: Head North on Paulsen Street. Turn left onto E Derenne Ave. Turn right onto Avercorn St. Turn left onto E 52nd Street. Turn right onto Exchange St. Turn left on W 40th St. Destination on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $98/SqFt

Tax Information:

  • Annual Amount: $750
  • Tax Year: 2020
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Housing Market Comparison

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

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Savannah, GA

City

Med. Sold Price

$364.5K

Med. Price/SqFt

$215

Avg. Days On Market

58

# of Sold Homes

230

511 W 40th St vs Savannah

69 DAYS ON ROCKET

+11 Days

$250,000

-$114.5K Less

$98/SqFt

-$117 Less

KEY TAKEAWAY

This property is $114.5K less than the Median Sold Price and $117/SqFt less than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10376204

Listing Office:

  • Office Name: Keller Williams Realty Coastal
  • Listing Agent: Brandon Fargo

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$750$16,920
2019$750$16,920
2018$462$15,120

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-213649
3
/10

  • Gadsden Elementary School

  • 919 May St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-213650
5
/10

  • Butler Elementary School

  • 1909 Cynthia St

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-213651
7
/10

  • Jacob G. Smith Elementary School

  • 210 Lamara Dr

  • 1.39 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,630. The most common annual income of people living in Savannah, GA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 W 40th St

What is the listing price of this property?

The listing price of 511 W 40th St property is $250,000.

What type of property is this?

The property 511 W 40th St is a house located in Savannah, Georgia, 31415.

Is this property for sale now?

Active Listing: 511 W 40th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $750 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 511 W 40th St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 511 W 40th St is 2,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 W 40th St is 1900.

Rocket Homes›Georgia›Chatham County›Savannah›31415›511 W 40th St

This home is located at 511 W 40th St in Savannah, GA and zip code 31415 in the Cuyler / Brownville neighborhood. This 2,550 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $250,000.

In October 2024 more than 40 listings in Savannah, GA were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 128 were sold below. Between September 2024 and October 2024, Savannah, GA real estate market has seen increase in the number of listings by 9%. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $364,570.

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

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