NOT LISTED FOR SALE

10197 Sullivan Rd Hernando, MS 38632

Lake Cormorant Neighborhood

Estimated Value: $668,000 - $883,993

52.84 Acres
$14,717 Price per Acre
2,301,710 Sq Ft Lot

Last Sold April 07, 2020

Current estimated payment $4,568/month

385 Days on Market

About This Lot

As of April 2020

52.84 Acres in Hernando. A rare find with acreage, lake and beautiful home sites for your perfect home. This property is a lovely lake with great fishing. You can build that perfect home overlooking the lake. On top of all that it has a farm house that you can live in while you build that home or can be a hunting house. This property does have established water, electric and gas for immediate property development.

Last Agent to Sell the Property

Leigh Graves

Crye-leike Hernando License #22182 Listed on: 02/25/2020

Co-Listed By

Bartlett Graves

Crye-leike Hernando License #S-52171

Last Buyer's Agent

DONNIE CHAMBLISS

Crye-Leike Of MS-OB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,371

Lot Details

  • 52.84 Acre Lot

Schools

  • Lake Cormorant Elementary And Middle School
  • Lake Cormorant High School

Community Details

  • Metes And Bounds Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,371

Lot Details

0

Listing Details

  • Property Sub Type: Acreage (more than 10 acres)
  • Prop. Type: Land
  • Lot Size Acres: 52.84
  • Co List Office Mls Id: oclher
  • Co List Office Phone: 662-429-2442
  • Subdivision Name: Metes And Bounds
  • Directions: Head west on Commerce Street then turn left onto Hwy 301 then turn right onto Sullivan Road
  • Special Features: None

Exterior Features

  • Disclosures: None

Schools

  • Elementary School: Lake Cormorant
  • High School: Lake Cormorant
  • Middle Or Junior School: Lake Cormorant

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2301710.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Losapio James and Losapio Hannah Herndon
Bought by
Losapio James and Losapio Hannah
Current Estimated Value
$777,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 6, 2020
Sold by
Wright Pamela and Coplenad Kimberly Sue
Bought by
Losapio James and Herdon Hannah
Seller's Agent
Leigh Graves
Crye-leike Hernando
Buyer's Agent
DONNIE CHAMBLISS
Crye-Leike Of MS-OB
List Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%
Original Mortgage
$133,250
Interest Rate
3.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Losapio James -- Guardian Title Llc
Losapio James -- Guardian Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Losapio James $150,000
Open Losapio Hannah A $547,000
Closed Losapio James $552,000
Closed Losapio James $133,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold -- -- --
03/05/2020 03/05/20 Pending -- -- --
02/13/2019 02/13/19 For Sale $280,000 -- $202 / Sq Ft
Source: MLS United

Tax History Compared to Growth

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
2024 $4,371 $46,217 $4,927 $41,290
2023 $4,371 $4,973 $0 $0
2022 $411 $4,026 $4,026 $0
2021 $693 $6,822 $4,046 $2,776
2020 $0 $6,622 $0 $0
2019 $246 $9,920 $7,366 $2,554
2017 $1,284 $16,346 $12,612 $3,734
2016 $1,253 $12,021 $8,287 $3,734
2015 $1,223 $15,755 $12,021 $3,734
2014 $1,198 $11,763 $0 $0
2013 $1,148 $11,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leigh Graves

    Crye-leike Hernando

    (901) 371-7460

    5 in this area

    173 Total Sales

    Leigh Graves
    Section Image
  • Bartlett Graves

    Seller Co-Listing Agent in 2020

    Bartlett Graves

    Crye-leike Hernando

    (901) 485-6573

    3 in this area

    92 Total Sales

    Bartlett Graves
    Section Image

  • D

    Buyer's Agent in 2020

    DONNIE CHAMBLISS

    Crye-Leike Of MS-OB

  • m

    Buyer's Agent in 2020

    mu.rets.chamblid

    mgc.rets.RETS_OFFICE

See All Agents

Map

Source: MLS United

MLS Number: 2321162

MLS United

APN: 3094200000002800

Mississippi DeSoto County Hernando 38632 Lake Cormorant

10197 Sullivan Rd, Hernando, MS

This home is located at 10197 Sullivan Rd, Hernando, MS 38632 since 25 February 2020 and is currently estimated at $777,664, approximately $561 per square foot. 10197 Sullivan Rd is a home located in DeSoto County with nearby schools including Lake Cormorant Elementary School, Horn Lake Intermediate School, and Horn Lake Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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