$665,000

506 E 40th St Savannah, GA 31401

$7,897
Closing credit¹
3 beds
2 full, 1 partial
2,000 sqft
0.07 acres
$333 / sqft
House

Property details

About 506 E 40th St

Property qualifies for possible tax freeze, 5 +/- yrs. Experience epitome of luxury living in this fully renovated Historic Baldwin Park gem, meticulously crafted from studs out to offer a seamless blend of modern amenities & timeless charm of its original design. Nestled in the heart of the vibrant downtown district, residence defines sophisticated urban living, spa-like bathroom, expansive high ceilings create a sense of grandeur, intricately detailed moldings & custom woodwork highlight exceptional craftsmanship in every corner of home. Kitchen features sleek countertops, custom cabinetry & beautiful backsplash perfect for culinary enthusiasts. Hardwood floors flow effortlessly throughout & exterior offers covered front & rear porches for ultimate relaxation. Prime location, provides easy of access to a wide variety of dining, shopping, & entertainment options, as well as the city's historic landmarks & cultural attractions, ensuring an unmatched lifestyle of comfort & convenience

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size2,000 sqft
Lot size0.065 Acres
Year built1920
MLS #322804

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Other, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Plumbed For Ice Maker, Range, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Washer
  • Interior: Pantry, Pull Down Attic Stairs, Upper Level Primary
  • Total Bedroom Count: 3
  • Exterior: Porch
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $665,000
  • Price/SqFt: $332
  • Annual Tax Amount: $4,636
  • Tax Year: 2022
  • Lot: City Lot
  • Directions: Home is between Price Street and East Broad, on E 40th Street.
  • Year Built: 1920
  • Living Area: 2,000 SqFt
  • Lot Size: 0.065 Acres
  • MLS Number: 322804
  • MLS Name: SAV
  • Office Name: Parker Scott Properties
  • Office Phone: (912) 897-6320
  • Office Email: michelle@mparker.us
  • Listing Agent: Michelle Parker

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 2025 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: 5/6/2025, 12:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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greek revival house featuring ceiling fan and a porch

$665,000

506 E 40th St

$7,897

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 06, 2021
Home Sold
$250,000
Jun 25, 2021
Home Sold
$200,000
Jun 24, 2016
Home Sold
$280,000
Jun 24, 2016
Home Sold
$280,000
Aug 11, 2005
Home Sold
$235,000

Tax history

YearAssessmentProperty Tax
2024$121,120$-
2022$87,920$4,636
2021$64,600$3,003
2020$51,080$2,263
2019$51,080$2,263
2018$100,680$3,042

History based on county public records data.

Nearby schools

3

Gadsden Elementary School

Public District PK-5

1.2 mi

919 May St

7

Jacob G. Smith Elementary School

Public District PK-5

1.2 mi

210 Lamara Dr

3

Andrea B. Williams Elementary School

Public District 1-5

1.2 mi

1150 Wheaton St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,919. The majority of Savannah, GA residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
33%
35k-100k
24%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
10%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • NBA/WNBANBA/WNBA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • DillardsDillards
  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • HyundaiHyundai
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 E 40th St

The listing price of 506 E 40th St property is $665,000.

The property 506 E 40th St is a house located in Savannah, Georgia, 31401.

Accepting Backup Offers: 506 E 40th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 506 E 40th St are: Gadsden Elementary School (GreatSchools Rating 3/10), Jacob G. Smith Elementary School (GreatSchools Rating 7/10), Andrea B. Williams Elementary School (GreatSchools Rating 3/10), Ellis Elementary School (GreatSchools Rating 4/10), Susie King Taylor Community School (GreatSchools Rating 2/10), Savannah Classical Academy Charter School (GreatSchools Rating 8/10), Savannah Arts Academy (GreatSchools Rating 9/10), Savannah Classical Academy Charter High School (GreatSchools Rating 5/10), Beach High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $4,636 (source: MLS/based on county public records data).

The last sale was on July 6, 2021 for $250,000 (source: MLS/tax record).

The property at 506 E 40th St has 3 bedrooms and 2 full and 1 half bathrooms.

The property 506 E 40th St is 2,000 SqFt (source: MLS/tax record).

The year of construction for 506 E 40th St is 1920.

This home is located at 506 E 40th St in Savannah, GA and zip code 31401 in the Midtown neighborhood. This 2,000 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $665,000.

In April 2025 more than 45 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 161 were sold below. The number of listings in Savannah, GA increased by 9.3% between March and April 2025. In April 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $369,558.

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

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