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Backup Offers

511AND509 W 40th St, Savannah, GA, 31415

$190,000

Home List Price

$2,256*

Closing Credit

4 Bedrooms
2 Full Baths
2,550 SqFt
$75/SqFt
House
Schools Nearby

Location

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511AND509 W 40th St, Savannah$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingCentral, Electric
CoolingElectric, Wall Unit(s)
MLS #310789
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 511AND509 W 40th St

Nestled in Savannah's historic charm, 511 West 40th Street awaits transformation. This fixer-upper exudes potential, primed for a full renovation. With its spacious layout and active restoration in the area, this property is an enticing opportunity for an investor. Embrace the challenge of revitalizing this diamond in the rough, and become part of Savannah's vibrant community. Plus, take advantage of the bonus: a buildable lot on a separate pin (509 West 40th Street) that conveys with the sale, offering even more potential for expansion or investment. Don't miss your chance to reimagine this home's future.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 2,550 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: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric, Wall Unit(s)

School Info

Assigned Schools Information:

  • Beach High School, Public District Grades 9-12
  • Derenne Middle School, Public District Grades 6-8
  • Hodge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 40th Street just west of MLK

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $75/SqFt
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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

$354K

Med. Price/SqFt

$211

Avg. Days On Market

27

# of Sold Homes

330

511AND509 W 40th St vs Savannah

9 DAYS ON ROCKET

-18 Days

$190,000

-$164K Less

$75/SqFt

-$136 Less

KEY TAKEAWAY

This property is $164K less than the Median Sold Price and $136/SqFt less than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #310789

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: 5/4/2024, 4:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,016

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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NMLS#3030

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.

Elementary School

school-card-donut-5736028
3
/10

  • Hodge Elementary School

  • 3609 Hopkins St

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5736029
2
/10

  • Derenne Middle School

  • 1009 Clinch St

  • 1.14 miles

  • Public District Grades 6-8

High School

school-card-donut-5736030
3
/10

  • Beach High School

  • 3001 Hopkins St

  • 0.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,479. Most Savannah, GA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511AND509 W 40th St

What is the listing price of this property?

The listing price of 511AND509 W 40th St property is $190,000.

What type of property is this?

The property 511AND509 W 40th St is a house located in Savannah, Georgia, 31415.

Is this property for sale now?

Accepting Backup Offers: 511AND509 W 40th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 511AND509 W 40th St are:
Hodge Elementary School: GreatSchools Rating 3/10
Derenne Middle School: GreatSchools Rating 2/10
Beach High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 511AND509 W 40th St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 511AND509 W 40th St is 2,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511AND509 W 40th St is 1900.

Rocket Homes›Georgia›Chatham County›Savannah›31415›511AND509 W 40th St

This home is located at 511AND509 W 40th St in Savannah, GA and zip code 31415 in the Metropolitan 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 April 24, 2024 and is currently priced at $190,000.

Over 90 listings were sold over their listed price in April 2024 in Savannah, GA. In the same period over 148 listings were sold below the listed price and 91 listings were sold for the listed price. The number of homes for sale in Savannah, GA increased by 6.3% between March 2024 and April 2024. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $354,025.

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

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