$132,000

531 Spring Forest Rd Unit B Greenville, NC 27834

Total Views 13,122
2 Beds
2 Baths
947 Sq Ft
$139 Price per Sq Ft

Highlights

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

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

Year Built

  • Built in 2003

HOA Fees

  • $226 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • 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

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$226 per month

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Original List Price: 132000.00
  • Unit Levels: Entry Level
  • Living Area: 947.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 139.39
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 4
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 800 - 999

Exterior Features

  • Exterior Finish: Aluminum Siding, Brick, Vinyl Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Parking Lot

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating System Fuel Source: Electric
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Spa/Hot Tub
  • Association Fees: 2712.00
  • Association Fee Frequency: Annually
  • Association Name: Spring Forest (Russell Property Management
  • Association Phone#: 252-329-7368
  • Has H O A?: Yes

Schools

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

Lot Info

  • Deed Book: 4069
  • Deed Page: 422.00
  • Zoning: R-15
  • Parcel#: 4677068265
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2025
  • Tax Book Number: NA
  • Tax Map Number: NA
  • Tax Other Assessment Amount Frequency: NA

Map

Range of Values:

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Value 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
12/12/2025 12/12/25 Off Market $132,000 -- --
12/03/2025 12/03/25 For Sale $132,000 0.0% $139 / Sq Ft
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

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