Investor Special! This 1586 sqft fixer-upper has 4 bedrooms and two bathrooms on a quarter-acre lot in a fast developing area. Could be flipped as a starter home or held as a rental to appreciate as the area develops. Potential to rezone as commercial. Solid Metal Roof approx 7 years old, Central Heat and Air 7.9% CAP rate: *$119.5k price plus $40k rennovation totaling $159.5k cost *$1400 monthly rent for $16.8k annually *2% per year maintenance/vacancy at $3.2k and tax+insurance at $1.2k *$16.8k-$4.4k)/159.5k = 7.9% cap rate 7.9% ROI plus any appreciation in the property value! Contact selling agent for access. Supra Ekey accessable
Closed
$190,000
505 Little Neck Rd, Savannah, GA 31419
4beds
1,586sqft
Single Family Residence, Manufactured Home
Built in 1989
10,454.4 Square Feet Lot
$189,500 Zestimate®
$120/sqft
$1,765 Estimated rent
Home value
$189,500
$174,000 - $207,000
$1,765/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 01, 2024 at 04:20pm
Listed by:
Bradley Wells 678-479-8414,
Bouvette Properties
Bought with:
Teresa Cowart, 290798
RE/MAX Accent
Source: GAMLS,MLS#: 10325971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: In Kitchen, Laundry Closet
Features
- Other
- Flooring: Other
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,586
- Total interior livable area: 1,586 sqft
- Finished area above ground: 1,586
- Finished area below ground: 0
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch, Screened
Lot
- Size: 10,454 sqft
- Features: None
Details
- Parcel number: 11028A01002
- Special conditions: Agent/Seller Relationship,As Is
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Ranch
- Property subtype: Single Family Residence, Manufactured Home
Materials
- Vinyl Siding
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Savannah
- Subdivision: Little Neck Plantation
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Sold | $190,000+90%$120/sqft |
Source: Public Record Report a problem | ||
| 7/29/2024 | Sold | $100,000-16.3%$63/sqft |
Source:  GAMLS #10325971 Report a problem | ||
| 6/28/2024 | Pending sale | $119,500$75/sqft |
Source: GAMLS #10325971 Report a problem | ||
| 6/25/2024 | Listed for sale | $119,500-11.4%$75/sqft |
Source: GAMLS #10325971 Report a problem | ||
| 6/10/2024 | Listing removed | -- |
Source: GAMLS #10275490 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,077 +46.6% | $55,320 +39.4% |
| 2024 | $1,417 +137.1% | $39,680 +161.1% |
| 2023 | $597 +7.5% | $15,200 +8.9% |
Find assessor info on the county website
Neighborhood: 31419
Nearby schools
GreatSchools rating
- 4/10Southwest Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Southwest Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10New Hampstead High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Southwest
- Middle: Southwest
- High: New Hampstead
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$189,500
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+$3,790
With Zillow Showcase(estimated)
$193,290
- Georgia
- Chatham County
- Savannah
- 31419
- 505 Little Neck Rd