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$132,000
Property Description
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.
Full Property Details
Full Property Details for 531 Spring Forest Rd #B
General
- Price: $132,000
- HOA FEE: $226/month
- HOA FEE FREQ.: Annually
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: 2253
- MLS ID: 100532679
- Updated: 5/13/2026
- Added to Site: 36 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Blinds/Shades
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Additional Information
- Shared Amenities: Spa/Hot Tub
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: Parking Lot
Location
- County: Pitt
- Subdivision: Spring Forest
- Driving Directions: From Greenville Blvd (NC-43/264 Alt), turn onto Spring Forest Rd. Continue straight on Spring Forest Rd. Look for 531-B on the right-hand side (second unit in the building).
School Information
- High School District: Pitt County Schools
- Elementary School: Lake Forest Elementary School
- Middle School: C.M. Eppes Middle School
- High School: South Central High School
Community
- Association: Yes
- Assoc. Name: Spring Forest (Russell Property Management
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Aluminum Siding, Brick, Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 947
- Year Built: 2003
Lot Features
- Frontage: Paved, Paved
- Zoning: R-15
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $139.39
- Association Fee: $2,712
- Assoc Fee Freq.: Annually
- Assessment Amount: $120,640
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Spring Forest
- Property ID: 4677068265
Listed by Flagship Realty Group, LLC, Alyssa N Hanzl
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Schools
Schools serving 531 Spring Forest Rd #B
School District:Pitt County Schools
| Name | Grades | Distance |
|---|---|---|
Lakeforest Elementary School 3300 Briarcliff Drive, Greenville, NC 27834 | PK-5 | 0.5 mi |
C M Eppes Middle School 1100 South Elm Street, Greenville, NC 27858 | 6-8 | 3.1 mi |
South Central High School 570 Forlines Road, Winterville, NC 28590 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Spring Forest Rd #B
Date
Details
Price
Change
Source
4/08/2026
Listed
$132,000
63.98%
MLS
3/11/2021
Sold
$80,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 531 Spring Forest Rd #B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,304
66%
$120,640
117%
2023
$785
2%
$55,614
—
2022
$773
—
$55,614
—
2021
$773
6%
$55,614
—
2019
$732
—
$55,614
6%
2019
$732
3%
$52,621
—
2018
$711
—
$52,621
—
2017
$711
1%
$52,621
—
2016
$706
-17%
$52,621
-19%
2015
$846
-2%
$64,800
—
2014
$862
2%
$64,800
—
2013
$849
—
$64,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Spring Forest Rd #B
531 Spring Forest Road #B, Greenville, NC 27834 (MLS# 100532679) is a Condo property with 2 bedrooms and 2 full bathrooms. 531 Spring Forest Road #B is currently listed for $132,000 and was received on April 08, 2026. Want to learn more about 531 Spring Forest Road #B? Do you have questions about finding other Condo real estate for sale in Tar River University? You can browse all Tar River University real estate or contact a Coldwell Banker agent to request more information.
