$132,000

531 Spring Forest Rd Unit B Greenville, NC 27834

Estimated payment $1,027/month

Total Views 5,092
2 Beds
2 Baths
947 Sq Ft
$139 Price per Sq Ft

Highlights

  • Community Spa
  • Combination Dining and Living Room
  • Heat Pump System
  • Covered Patio or Porch

About This Home

Welcome to 531-B Spring Forest Road - a fantastic opportunity for investors or buyers looking to expand their rental portfolio. This well-maintained unit comes with a 12-month lease already secured to begin October 1, ensuring immediate rental income with a strong return potential.Recent investments include:-New refrigerator (2021)-HVAC system replaced with new unit (2022)-All rooms freshly painted (July 2025)The property features a comfortable layout with spacious living areas, a functional kitchen, and well-sized bedrooms. Conveniently located near shopping, dining, ECU, and major roadways, this unit is attractive to tenants seeking accessibility and value.With steady rental demand in Greenville and a lease already in place, this home is a turnkey investment you won't want to miss.

Listing Agent

Alyssa Hanzl

Flagship Realty Group, LLC License #358666 Listed on: 09/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 2003

HOA Fees

  • $226 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 947 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lake Forest Elementary School
  • C.M. Eppes Middle School
  • South Central High School

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 4677068265

Community Details

Overview

  • Spring Forest (Russell Property Management Association, Phone Number (252) 329-7368
  • Spring Forest Subdivision

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,304

Year Built

Built in 2003

Lot Details

0

HOA Fees

$226 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 139.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 947.00
  • Total Heated Primary Separate Sq Ft: 947.00

Exterior Features

  • Exterior Finish: Aluminum Siding, Vinyl Siding, Brick
  • Fencing: None
  • Foundation: Combination
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Parking Lot

Utilities

  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Utilities: Sewer Connected, Water Connected
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Spa/Hot Tub
  • HOAAssociationFee1Year: 2712.00
  • HOAAssociationName: Spring Forest (Russell Property Management
  • HOAAssociationPhone: 2523297368

Lot Info

  • Deed Page: 422.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 4677068265
  • Tax Year: 2025

MLS Schools

  • Elementary School: Lake Forest Elementary School
  • High School: South Central High School
  • Middle School: C.M. Eppes Middle School
  • School District: Pitt County Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $1,304 $120,640 $20,000 $100,640
2024 $1,292 $120,640 $20,000 $100,640
2023 $765 $55,614 $9,500 $46,114
2022 $773 $55,614 $9,500 $46,114
2021 $765 $55,614 $9,500 $46,114
2020 $771 $55,614 $9,500 $46,114
2019 $732 $52,621 $9,500 $43,121
2018 $711 $52,621 $9,500 $43,121
2017 $711 $52,621 $9,500 $43,121
2016 $849 $52,621 $9,500 $43,121
2015 $849 $64,800 $11,500 $53,300
2014 $849 $64,800 $11,500 $53,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 For Sale $132,000 +64.7% $139 / Sq Ft
03/12/2021 03/12/21 Sold $80,150 +6.9% $85 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $75,000 -- $79 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,500 None Available
Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,100 New Conventional
Previous Owner $58,500 Purchase Money Mortgage
Source: Public Records

Source: Hive MLS

MLS Number: 100532679

Hive MLS

APN: 068004

North Carolina Pitt County Greenville 27834

531 Spring Forest Rd Unit B, Greenville, NC

For Sale

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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Listing Agent
Alyssa Hanzl
Section Image
Flagship Realty Group, LLC
(252) 629-9563