Seller's Agent in 2025
Nathan Snyder
Six Bricks LLC
(912) 484-0990
1 in this area
58 Total Sales
412 E 40th St Savannah, GA 31401
Thomas Square Neighborhood
4
Beds
2
Baths
2,468
Sq Ft
3,049
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Fireplace
- Savannah Arts Academy Rated A+
- Balcony
- Front Porch
About This Home
As of October 2025Great INVESTMENT opportunity in the hottest area in town!! In fact, 'Southern Living' named the Thomas Square Streetcar District the BEST neighborhood in ALL of the South for 2020. This beautifully updated DUPLEX offers 2 separate units featuring: refinished hardwood floors, original fireplaces, high ceilings, an abundance of natural light, spacious living areas, HUGE porches, laundry,etc. The property has had the same tenants in place for years or to MAXIMIZE income you could owner-occupy one side while AIRBNB/Short-term rental the other (as this property is located in 1 of the only 3 districts in the city of Savannah where vacation rentals are ALLOWED). Conveniently located near SCAD, restaurants shopping, Savannah Bananas, and all Downtown & Midtown Savannah have to offer!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 3,049 Sq Ft Lot
- Privacy Fence
- Wood Fence
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Foundation
- Metal Roof
- Wood Siding
Interior Spaces
- 2,468 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Flooring
Kitchen
- Range
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Hall
- Laundry in Kitchen
Outdoor Features
- Balcony
- Screened Patio
- Front Porch
Location
- City Lot
Schools
- Henderson Elementary School
- Hubert Middle School
- Savannah Arts High School
Utilities
- Central Air
- Heating Available
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2007504007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2025
Closed on
Aug 22, 2025
Sold by
Savannah Home Solutions Llc
Bought by
Schreier Luke
Seller's Agent
Nathan Snyder
Six Bricks LLC
Buyer's Agent
Robin Boaen
Keller Williams Coastal Area P
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Views
192
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,294
Avg. Annual Appreciation
23.49%
Original Mortgage
$424,000
Outstanding Balance
$422,525
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$160,253
Purchase Details
Closed on
Oct 22, 2020
Sold by
Mccaden Carmelita Black
Bought by
Savannah Home Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
2.9%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | -- | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,000 | New Conventional | |
| Previous Owner | $308,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | Sold | $530,000 | -7.8% | $215 / Sq Ft |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $575,000 | -- | $233 / Sq Ft |
Source: Hive MLS
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 |
|---|---|---|---|---|
| 2025 | $7,584 | $252,360 | $50,000 | $202,360 |
| 2024 | $56 | $250,880 | $50,000 | $200,880 |
| 2023 | $5,600 | $239,520 | $50,000 | $189,520 |
| 2022 | $2,343 | $191,760 | $32,000 | $159,760 |
| 2021 | $3,150 | $76,000 | $24,560 | $51,440 |
| 2020 | $2,481 | $84,400 | $26,000 | $58,400 |
| 2019 | $3,490 | $78,560 | $26,000 | $52,560 |
| 2018 | $3,531 | $78,520 | $26,000 | $52,520 |
| 2017 | $2,772 | $65,800 | $11,040 | $54,760 |
| 2016 | $1,951 | $66,880 | $11,040 | $55,840 |
| 2015 | $3,363 | $80,640 | $11,040 | $69,600 |
| 2014 | $3,937 | $75,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Snyder
-
Robin Boaen
Buyer's Agent in 2025
Robin Boaen
Keller Williams Coastal Area P
(912) 272-3826
2 in this area
118 Total Sales
Map
Source: Hive MLS
MLS Number: SA330888
APN: 2007504007
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