NOT LISTED FOR SALE

1047 Kennedy Rd Magnolia, MS 39652

Estimated Value: $100,383 - $178,000

4 Beds
2 Baths
984 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 16, 2020

Current estimated payment $745/month

163 Days on Market

Highlights

  • Deck
  • Central Heating and Cooling System
  • Many Trees
  • Cottage
  • Ceiling Fan
  • Wood Siding

About This Home

As of December 2020

Investor's delight! If you're in the market for your latest reclamation project, then look no further! This cottage, located on a quiet, secluded lot just a few miles outside of downtown Magnolia, would be the perfect addition to your investment portfolio. Flex your creative muscles and add your own touch to this 4 bedroom, 2 bathroom house and turn it into a cozy rental home for a steady profit stream, or take the plunge and fix and flip this house for a quick buck. Call now to schedule your showing -- you don't want to miss this!

Last Agent to Sell the Property

Trish Flemming

RE/MAX Southland Real Estate License #17228 Listed on: 06/01/2020

RE/MAX Southland Real Estate

Last Buyer's Agent

Trish Flemming

RE/MAX Southland Real Estate License #17228 Listed on: 06/01/2020

RE/MAX Southland Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Many Trees

Parking

  • No Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • No Kitchen Appliances
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 713.68

Home Details

Home Type

Single Family

Est. Annual Taxes

$714

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: Traveling S on I-55, take Exit 10 onto Hwy 48 E. Turn right onto Muddy Springs Road. Turn left onto Kennedy Road. Property will be approximately one mile down road on the left. Look for sign.
  • Prop. Type: Residential
  • Year Built: 1997
  • Property Sub Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 1.00 ACRE
  • Road Surface Type: Asphalt
  • Subdivision Name: None
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Total Bedrooms: 4
  • Living Area: 984
  • Window Features: Single Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Many Trees
  • Pool Features: None
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Sewer: Septic Tank
  • Laundry Features: W/D Hook Up
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Other
  • Water Source: Other
  • Gas Company: None

Schools

  • Junior High Dist: South Pike

Lot Info

  • Parcel #: 713.68
  • Lot Size Sq Ft: 43560
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 713.68
  • Tax Map Number: In Office

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Bornetter Hollins
Bought by
Sharp Glenn and Sharp Judy
Current Estimated Value
$131,846

Purchase Details

Listed on
Jun 1, 2020
Closed on
Nov 24, 2020
Sold by
Citigroup Na
Bought by
Hollins Bornetter
Seller's Agent
Trish Flemming
RE/MAX Southland Real Estate
Buyer's Agent
Trish Flemming
RE/MAX Southland Real Estate
List Price
$44,900
Sold Price
$14,000
Premium/Discount to List
-$30,900
-68.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.99%

Purchase Details

Closed on
Jan 2, 2020
Sold by
Mason Hilton and Vanwinkle Christina
Bought by
Citibank N A and Nrz Pass Through Trust Vi

Purchase Details

Closed on
Feb 7, 2005
Sold by
Walter Mortgage Company
Bought by
Mason Hilton and Vanwinkle Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,046
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sharp Glenn -- Robison Homes Van Norman Pllc
Hollins Bornetter -- None Available
Citibank N A $24,983 None Available
Mason Hilton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggerstaff David E $27,500
Previous Owner Mason Hilton $49,046
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold -- -- --
11/23/2020 11/23/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $44,900 -- $46 / Sq Ft
Source: Southwest Mississippi Board of REALTORS®

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 $158 $1,788 $0 $0
2023 $335 $2,683 $0 $0
2022 $291 $2,360 $0 $0
2021 $668 $5,606 $0 $0
2020 $727 $5,956 $0 $0
2019 $714 $5,956 $0 $0
2018 $698 $5,956 $0 $0
2017 $709 $5,956 $0 $0
2016 $709 $5,956 $0 $0
2015 $680 $5,737 $0 $0
2014 $666 $5,737 $0 $0
2013 -- $5,737 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Mississippi Board of REALTORS®

MLS Number: 131764

Southwest Mississippi Board of REALTORS®

APN: 700826-B