NOT LISTED FOR SALE

402 E 3rd St Springfield, GA 31329

Estimated Value: $437,000 - $667,000

8 Beds
8 Baths
3,700 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $515,000 $139 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,512/month

4 Days on Market

Highlights

  • New Construction
  • Double Pane Windows
  • Central Heating and Cooling System
  • Ebenezer Elementary School Rated A-
  • Programmable Thermostat
  • Wood Fence

About This Home

As of September 2022

Location! Location! Brand New Quadplex located in the heart of Springfield and walking distance to all shopping, restaurants & entertainment S. Laurel Street has to offer! This investment property has amazing INCOME POTENTIAL with an average market rate of $1300 - $1350 per unit! All 4 units consist of 925 sqft of living space w 2 bedrooms, 2 full baths, living room & washer/dryer hookups, stainless appliances, separate HVAC units, water & power meters. The roof has been spray foam insulated, making it more energy efficient! The front & side yard are fully sodded & irrigated with a privacy fence added to the back & right side of the lot. There are 11 available parking spaces for tenants. Tucked in a beautiful area of Effingham County; one of the fastest-growing areas in GA & located in the highly sought after & award winning Effingham school district. Just a short drive to downtown Savannah, Pooler, Sav/HHI Airport, Beaches & so much more!

Last Listed By

Trisha Cook

Compass Georgia, LLC License #328637 Listed on: 08/06/2022

Compass Georgia, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.49 Acre Lot
  • Wood Fence

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Asphalt Roof
  • Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Built by Echo Home Builders LLC

Listing and Financial Details

  • Assessor Parcel Number S1070008A00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Construction: Siding, Vinyl
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans
  • Legal Description: .486 AC LOT A-1 (OUT S107-8) PLT 28/535
  • List Price Per Sq Ft: 133.78
  • Property Sub Type: Quadplex
  • Property Type: Multifamily
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric, Microwave, Range/Oven, W/D Connection
  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 8
  • Laundry: Dryer Connection, Washer Connection
  • Total Sq Ft: 3700

Exterior Features

  • Foundation: Slab
  • New Construction Description: Never Lived In
  • New Construction: Yes
  • Roof: Asphalt

Garage/Parking

  • Num Parking Pad: 11
  • Parking Description: Parking Lot

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central
  • Electric: 220 Volt
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 4
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Street Lights, Walk To Shopping

Schools

  • Elementary School: Springfield
  • Middle School: Effingham
  • High School: Effingham

Green Features

  • Energy Features: Double Pane/Thermo, Programmable Thermostat

Lot Info

  • Fencing: Wood
  • List Price Per Acre: 1018518.52
  • Lot Size Sq Ft: 21170
  • Num Acres: 0.4860
  • Parcel Number: S1070008A00

Building Info

  • Builder Name: Echo Home Builders LLC

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 16, 2022
Sold by
Echo Homebuilders Llc
Bought by
Meridian Endeavors Llc
Seller's Agent
Trisha Cook
Compass Georgia, LLC
Buyer's Agent
Trisha Cook
Compass Georgia, LLC
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Total Days on Market
4
Views
26
Current Estimated Value
$538,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,346
Avg. Annual Appreciation
1.04%
Original Mortgage
$411,200
Outstanding Balance
$396,886
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$132,270

Purchase Details

Closed on
Feb 17, 2022
Sold by
The Commons Apartments Llc
Bought by
Echo Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.69%
Mortgage Type
Mortgage Modification

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meridian Endeavors Llc $515,000 --
Echo Homebuilders Llc $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meridian Endeavors Llc $411,200
Previous Owner Echo Homebuilders Llc $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $515,000 +4.0% $139 / Sq Ft
08/06/2022 08/06/22 For Sale $495,000 -- $134 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,337 $174,443 $19,192 $155,251
2023 $5,813 $169,403 $19,192 $150,211
2022 $324 $9,530 $8,490 $1,040
2021 $328 $9,530 $8,490 $1,040
2020 $317 $9,530 $8,490 $1,040
Source: Public Records

Agents Affiliated with this Home

  • Trisha Cook

    Seller's Agent in 2022

    Trisha Cook

    Compass Georgia, LLC

    (912) 844-8662

    1,158 Total Sales

    Trisha Cook
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Map

Source: Savannah Multi-List Corporation

MLS Number: 273752

Savannah Multi-List Corporation

APN: S1070008A00

Georgia Effingham County Springfield 31329

402 E 3rd St, Springfield, GA

Homes for Sale in Springfield, GA

This home is located at 402 E 3rd St, Springfield, GA 31329 since 06 August 2022 and is currently estimated at $538,346, approximately $145 per square foot. This property was built in 2022. 402 E 3rd St is a home located in Effingham County with nearby schools including Ebenezer Elementary School, Effingham County Middle School, and Effingham County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.