tomo logo

$499,998

Beds
3
Baths
2.0
sq ft
2,354

405 E 56th St, Savannah, GA 31405

405 E 56th St

Savannah, GA 31405

  • 179 days on market
    • Price drop $10,002↓
Welcome to this spacious and versatile property, a fantastic opportunity for homeowners or investors. With a generous amount of living space, this all-brick home sits on an oversized lot, boasting beautiful original hardwood floors throughout. Immediately notice its abundant curb appeal, featuring a wrap-around driveway & beautifully landscaped front yard & courtyard. Located in the coveted Ardmore Estates, just steps to Hull Park & a few blocks from Habersham Village, Memorial & Candler Hospital, making it convenient for any lifestyle. Mother-in-law suite downstairs, complete with its own entrance. Storage room can be easily converted into a third unit, adding an extra 600 SF of space. For investors, projected Long Term rents combine an impressive $6,494/m or $77k/yr, possibly more as a M2M Furnished rental. Whether you're looking for your forever home or a strategic investment opportunity, 405 E 56th St offers both. Don't miss the potential this property holds. Make it yours today!

Details

Property type

Single Family Residence

Est. home value

$558,621

Property condition

Fixer

Lot size

9,017 sq ft

Price per sq ft

$213

Year built

1942

Annual property taxes

$4,743.36

Price History

06/24/2024
GeorgiaMLS

GeorgiaMLS #10239696

Listed
$499,998
06/17/2024
GeorgiaMLS

GeorgiaMLS #10239696

Pending
$499,998
06/11/2024
GeorgiaMLS

GeorgiaMLS #10239696

Price change
$499,998
-1.96%

Schools & Community

Neighborhood: 

Ardmore/Gould Estates/Olin Heights

Elementary school: 

Jacob G Smith

Middle school: 

Myers

High school: 

Beach

Community features: 

Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Option One Mortgage

Loan start date

October 2005

Original loan amount

$193,000

Est. remaining balance

Not provided

Interest rate

5.34%

Loan type

New Conventional, 30 year

Seller

Richard W Bartels and Joan E Bartels

Lender

Option One Mortgage

Loan start date

October 2005

Original loan amount

$193,000

Est. remaining balance

Not provided

Interest rate

5.34%

Loan type

New Conventional, 30 year

Seller

Richard W Bartels and Joan E Bartels

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:15 PM

Listing updated: 06/27/2024 at 1:13 AM

Listed by: Brandon Fargo, Keller Williams Realty Coastal

MLS: GeorgiaMLS #10239696

GeorgiaMLS logo

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