Seller's Agent in 2025
Michelle Parker-Scott
Parker Scott Properties
(912) 604-1197
9 in this area
75 Total Sales
506 E 40th St Savannah, GA 31401
Midtown Savannah Neighborhood
3
Beds
2.5
Baths
2,000
Sq Ft
2,831
Sq Ft Lot
Highlights
- No HOA
- Front Porch
- Central Air
- Savannah Arts Academy Rated A+
- Laundry Room
- Privacy Fence
About This Home
As of May 2025Property 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
Last Agent to Sell the Property
Parker Scott Properties License #276851 Listed on: 12/02/2024
Last Buyer's Agent
Jenna Watkins
Parker Scott Properties License #404642
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,168
Year Built
- Built in 1920
Lot Details
- 2,831 Sq Ft Lot
- Privacy Fence
- Property is zoned R4
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Pull Down Stairs to Attic
Kitchen
- Self-Cleaning Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating Available
- Cable TV Available
Additional Features
- Front Porch
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2007505026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2024
Closed on
Apr 24, 2025
Sold by
Live Oak Living Llc
Bought by
Carroll Michael and Hinkel Lauren S
Seller's Agent
Michelle Parker-Scott
Parker Scott Properties
Buyer's Agent
Jenna Watkins
Parker Scott Properties
List Price
$715,000
Sold Price
$660,000
Premium/Discount to List
-$55,000
-7.69%
Views
71
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
$17,298
Avg. Annual Appreciation
3.13%
Original Mortgage
$40,000
Outstanding Balance
$39,595
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$637,703
Purchase Details
Closed on
Jul 6, 2021
Sold by
Bell Homes Llc
Bought by
Live Oak Living Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2021
Sold by
Palmer John Paul
Bought by
Bell Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 24, 2016
Sold by
Mcgee Richard E
Bought by
Palmer John Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2005
Sold by
Not Provided
Bought by
Mcgee Valtcheva and Mcgee Richard E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
5.61%
Mortgage Type
New Conventional
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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 | $650,000 | -- | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $280,000 | -- | |
| Deed | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $40,000 | New Conventional | |
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $223,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $660,000 | -7.7% | $330 / Sq Ft |
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 12/02/2024 12/02/24 | For Sale | $715,000 | -- | $358 / 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 | $4,314 | $232,800 | $41,600 | $191,200 |
| 2024 | $22 | $121,120 | $41,600 | $79,520 |
| 2023 | $906 | $125,720 | $41,600 | $84,120 |
| 2022 | $1,991 | $87,920 | $28,000 | $59,920 |
| 2021 | $3,003 | $64,600 | $30,000 | $34,600 |
| 2020 | $1,613 | $51,080 | $30,000 | $21,080 |
| 2019 | $2,287 | $51,080 | $30,000 | $21,080 |
| 2018 | $4,528 | $100,680 | $30,000 | $70,680 |
| 2017 | $2,931 | $103,760 | $32,280 | $71,480 |
| 2016 | $1,636 | $94,280 | $32,280 | $62,000 |
| 2015 | $2,476 | $89,480 | $32,280 | $57,200 |
| 2014 | $3,211 | $96,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Parker-Scott
-
Parker Denmark
P
Seller Co-Listing Agent in 2025
Parker Denmark
Parker Scott Properties
(912) 658-8362
6 in this area
35 Total Sales
-
J
Buyer's Agent in 2025
Jenna Watkins
Parker Scott Properties
Map
Source: Hive MLS
MLS Number: SA322804
APN: 2007505026
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