NOT LISTED FOR SALE

105 Lingle Dr Petal, MS 39465

Petal Area

Estimated Value: $132,000 - $180,000

Studio
3 Baths
1,891 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2022

Current estimated payment $1,025 / mo

43 Days on Market

Highlights

  • Brick Veneer
  • 1-Story Property
  • Ceiling Fan
  • Petal Primary School Rated A
  • Central Heating
  • Carpet

About This Home

As of February 2022

Well maintained investment property with proven history of very low vacancy and 11% Cap Rate! This two unit property features identical (mirrored) 2 bed/2 bath units with existing tenants and all appliances. Centrally located in the City of Petal and the desirable Petal School District, you can take advantage of its high desirability. Management already in place with track record of success! This property is quiet, private, and offers ample parking. As an investor, you will benefit from consistent rental income, the stellar tenants and management team already in place, and highly desired neighborhood. Bring your best offer and let's work to add this property to your portfolio!

Last Agent to Sell the Property

Chrystal Dumas

Realty Executives The Executive Team License #S-523265 Listed on: 11/23/2021

Last Buyer's Agent

Chrystal Dumas

Vesica PCJ Realty License #S-523265

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 2000

Lot Details

  • 0.35

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Veneer

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Additional Features

  • Flood Zone Lot
  • Central Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,133

Year Built

Built in 2000

Lot Details

0.35 Acres

Listing Details

  • First Right of Refusal: Select One
  • Directions: Turn on single which is located between wards and the old petal library. The long driveway is on the right side. 105 Lingle A & B.
  • Electrical Service Provider: Mississippi Power Co
  • Garbage And Trash Svc: Waste Pro
  • Historical District: No
  • Lender Short Sale: No
  • Listing Member Name: Chrystal Dumas
  • Prop. Type: MultiFamily
  • List Price Range: 13W
  • Realtor Ads: Yes
  • Selling Member Short Id: chrystalcrabtre
  • Selling Office Short Id: 044
  • Sewage Companies Other: City of Petal
  • Sale Price per Sq Ft: 1891.00
  • Building Stories: One Story
  • Total Annual Property Tax: 2133.27
  • Utility Info Electric Supplier: Mississippi Power Co
  • Utility Info Sewer: Waste Pro
  • Utility Info Water Supplier: City of Petal
  • Water Service Provided: City of Petal
  • Year Built: 2000
  • Estimated Bedroom 2 Sq Ft: 1000
  • Two Bedroom Number of Units: 2
  • Estimated Building Sq Ft: 1891.00
  • Efficiencies: Range/Oven, Two Baths, W/D Connection
  • For Sale Or Rent: Sale
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Source For Sq Ft: Public Records
  • Flooring: Carpet, Laminate
  • Foreclosure: No
  • Legal Description: COM AT THE NW/COR OF NW1/4 OF NW1/4 EAST 660' SOUTH 395.45' EAST 1 50' TO POB EAST 245' TO THE WLY MARGIN OF WEST ST SO
  • Two Bedroom: Dishwasher, One Bath, Range/Oven, Refrigerator, W/D Connection
  • Number Of Buildings: 1

Exterior Features

  • Exterior Construction: Brick Veneer
  • Flood Zone: Yes

Utilities

  • Cooling System: Ceiling Fan(s)
  • Heating/Cooling: Central Electric
  • Sewer: City of Petal
  • Hot Water: City Water

Condo/Co-op/Association

  • Number of Units: 2

Schools

  • School District: Petal

Tax Info

  • Tax Year: 2021

Multi Family

  • Parking Per Unit: Off Street Parking

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Chrystal Dumas
Realty Executives The Executive Team
Buyer's Agent
Chrystal Dumas
Vesica PCJ Realty
List Price
$135,000
Current Estimated Value
$150,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$92,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2020
Closed on
Sep 21, 2020
Sold by
Bought by
Seller's Agent
Chrystal Dumas
Realty Executives The Executive Team
Buyer's Agent
Jennifer Allen
RE/MAX Real Estate Partners
List Price
$126,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Jan 3, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Petal, MS

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pine Belt Land Title Llc
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $91,681
Closed $92,000
Previous Owner $93,137
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2022 02/11/22 Sold -- -- --
01/05/2022 01/05/22 Pending -- -- --
11/23/2021 11/23/21 For Sale $135,000 +6.7% $71 / Sq Ft
09/22/2020 09/22/20 Sold -- -- -- View Prior Sale
09/03/2020 09/03/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $126,500 -- $63 / Sq Ft
Source: Hattiesburg Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,329 $13,188 $0 $0
2024 $2,329 $12,389 $0 $0
2023 $2,186 $82,590 $0 $0
2022 $2,123 $12,389 $0 $0
2021 $2,133 $12,389 $0 $0
2020 $2,075 $11,982 $0 $0
2019 $2,072 $11,982 $0 $0
2018 $2,075 $11,982 $0 $0
2017 $2,096 $11,982 $0 $0
2016 $1,925 $11,100 $0 $0
2015 -- $11,100 $0 $0
2014 -- $11,100 $0 $0
Source: Public Records

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Map

Source: Hattiesburg Area Association of REALTORS®

MLS Number: 127654

Hattiesburg Area Association of REALTORS®

APN: 3-030B-01-063.00

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