531 Spring Forest Rd, Unit B

$132,000
Price
2
Beds
947 Sq. Ft.
$139 / Sq. Ft.
947
Sq. Ft.
$139
per Sq. Ft.

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,
...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.

Property Details for 531 Spring Forest Road, Unit B

Subdivision Name
Spring Forest
Waterfront
No
Zoning
R-15
LISTING UPDATED: 12/05/2025 04:25 PM

Property Details for 531 Spring Forest Road, Unit B

StatusActive
MLS #100532679
Days on Market90
Taxes-
HOA Fees$2,712 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2003
CountyPitt County

Location

Listing Courtesy of Flagship Realty Group, LLC
Add your commute

Building Information for 531 Spring Forest Road, Unit B

Building/Complex531 Spring Forest RdFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built2003

Payment Calculator

$987 per month

30 year fixed, 6.28% Interest

Principal and Interest

$652

Property Taxes

$109

HOA Dues

$226

The Payment Calculator is for illustrative purposes only.

Property Information for 531 Spring Forest Road, Unit B

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: Yes
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • 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).
  • Latitude: 36
  • Longitude: -77
  • Road Frontage Type: Paved
Taxes and HOA
  • Tax Other Assessment Amount Frequency: NA
  • Association Amenities: Spa/Hot Tub
  • Association Name: Spring Forest (Russell Property Management
  • Association Phone: 252-329-7368
  • Association Fee: $2,712.00
  • Association: Yes
  • Parcel Number: 4677068265
  • Tax Book Number: NA
  • Tax Legal Description: Spring Forest
  • Tax Map Number: NA
  • Tax Assessed Value: $120,640
  • Tax Year: 2025
School Information
  • Elementary School: Lake Forest Elementary School
  • High School: South Central High School
  • High School District: Pitt County Schools
  • Middle Or Junior School: C.M. Eppes Middle School
Parking
  • Detached Garage Spaces: 0.0
  • Attached Garage Spaces: 0.0
  • Attached Garage: No
  • Carport Spaces: 0.0
  • Garage Spaces: 0.0
  • Parking Total: 0.0
  • Parking Features: Parking Lot
Property
Lot Information
  • Building Area Total: 947.0
  • Living Area: 947.0
  • Living Area Units: Square Feet
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 4069
  • Deed Page: 422.0
  • Floor Plans Count: 0
  • New Construction: No
  • Possession: Subject To Tenant Rights
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Road Surface Type: Paved
  • Year Built: 2003
  • Permitted Use: Public
Utilities
  • Utilities: Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Aluminum Siding, Brick, Vinyl Siding
  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • Fencing: None
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle
  • Stories: 1
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Heating System Fuel Source: Electric
  • Dining Room Type: Combination
  • Master Bedroom Level: Primary Living Area
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Cooling: Yes
  • Fireplace: No
  • Fireplace Features: None
  • Heating: Yes
  • Heating: Electric, Heat Pump
  • Interior Features: Blinds/Shades
  • Levels: Entry Level
  • Room Type: Dining Area
  • Rooms Total: 4
Multi Family
Income & Expenses
  • Operating Expense: $.00
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 531 Spring Forest Road, Unit B

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

NCRMLS #100532679

$132,000
Mar 12, 2021

Sold

NCRMLS #100253721

$80,150
Mar 11, 2021

Sold (Public Record)

Public Record #692519637

$80,500
Mar 11, 2021

Sold (Public Record)

Public Record #1457879283

$80,500

+1.7% / yr

Jan 28, 2021

Pending

NCRMLS #100253721

Jan 25, 2021

Listed (Active)

NCRMLS #100253721

$75,000
Mar 1, 2008

Sold (Public Record)

Public Record #260582516

$65,000

-2.6% / yr

Jul 1, 2004

Sold (Public Record)

Public Record #248037402

$71,500
DateEvent & SourcePrice
09/25/2025

Listed (Active)

NCRMLS #100532679

$132,000
03/12/2021

Sold

NCRMLS #100253721

$80,150
03/11/2021

Sold (Public Record)

Public Record #692519637

$80,500
03/11/2021

Sold (Public Record)

Public Record #1457879283

$80,500

+1.7% / yr

01/28/2021

Pending

NCRMLS #100253721

01/25/2021

Listed (Active)

NCRMLS #100253721

$75,000
03/01/2008

Sold (Public Record)

Public Record #260582516

$65,000

-2.6% / yr

07/01/2004

Sold (Public Record)

Public Record #248037402

$71,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 Spring Forest Road, Unit B

Taxable ValueLand$20,000Additions$100,640Total$120,640
Tax Record2025$1,304 ($109 / month)
Home Facts
Beds2Baths2Total Finished SqFt947 SqFtAbove Grade Finished SqFt947 SqFtStories1Lot Size871 SqFtStyleCondominiumYear Built2003ZoningR6CountyPITTAPN068004Fireplace TypeHas Fireplace

Schools near 531 Spring Forest Road, Unit B

This home is within Pitt County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 13
Rating
School
Distance
Lakeforest Elementary School
PublicPK to 5

C M Eppes Middle School
Public6 to 8

South Central High School
Public9 to 12

Sadie Saulter
PublicPK to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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531 Spring Forest Road, Unit B is a condo for sale in Greenville, NC 27834. This property was listed for sale on September 25, 2025 by Flagship Realty Group, LLC, it's currently listed at $132,000. It has been on the market for a total of 90 days and was last sold on March 12, 2021. This listing's school district is Pitt County School District. Nearby schools include Lakeforest Elementary School, C M Eppes Middle School and South Central High School. 531 Spring Forest Road, Unit B is a 2-bed, 2-bath, 947 sqft condo built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Flagship Realty Group, LLC

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 12/05/2025 04:25 PM. 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 Compass 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