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2337 E 40th Street, Savannah, GA, 31404

2beds
2baths
1,107sqft
$229,000
$207price/sqft
$1,701/moest. monthly cost
$68,040/yrincome needed

About This Home

Adorable and full of potential, this charming 2-bedroom, 1.5-bath home in the sought-after Victory Heights neighborhood blends character and opportunity. The classic tabby exterior sets the tone, while original hardwood floors run throughout, complemented by tile in the kitchen and both baths. A spacious eat-in kitchen offers plenty of room to gather, and the fenced backyard is perfect for relaxing or entertaining. The detached garage with workshop and laundry adds functionality, along with a covered carport for extra convenience. Ideally located just minutes from downtown and Tybee Island—this one is as charming as it is well-positioned.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

5/10
Shuman Elementary SchoolGrades 1-51.4 mi
3/10
Hubert Middle SchoolGrades 6-82.2 mi
3/10
Johnson High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Crawlspace
  • Roof: Asphalt
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Electric Appliances,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Plumbed For Ice Maker,Range,Dryer,Refrigerator,Washer
  • Laundry features: In Garage

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Breakfast Area,Ceiling Fan(s),Main Level Primary,Pantry,Pull Down Attic Stairs,Fireplace
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Masonry,Wood Burning Stove
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,107 sqft

Property

Details

  • Parcel number: 2007926019
  • Zoning: R1
  • Zoning description: Single Family
  • Special condition: Standard

Features

  • Patio & porch: Covered,Patio
  • Fencing: Chain Link,Wood,Yard Fenced
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 5,880 sqft
  • Features: Alley,Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,157$13,884
Home Insurance *$171$2,052
Property Taxes $154$1,848
Electricity $219$2,637
Total$1,701$20,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,320/yr
40% on housing$51,030/yr
45% on housing$45,360/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 31404$154
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31404$234
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Contingent$229,000
2026-05-07Listed for sale$229,000
2015-02-13Sold$97,000
2014-11-21Price change$96,500
2014-10-20Listed for sale$98,000

For Sale by Agent

AgentJulie Heyel
BrokerageKeller Williams Coastal Area P

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