NOT LISTED FOR SALE

1328 N 5th Ave Laurel, MS 39440

Estimated Value: $57,000 - $106,000

-- Bed
1 Bath
1,950 Sq Ft
$42/Sq Ft Est. Value

Last Sold May 11, 2020

Current estimated payment $527/month

141 Days on Market

About This Home

As of May 2020

ATTENTION INVESTORS! 3 for the price of 1 with full occupancy! Building has new roof. Located in the heart of town & walking distance to downtown, schools, & Euclid park. Many improvements have been made in the past. Each unit pays for electricity and water. Great opportunity for first-time investor for this income-producing property at a low price! Extra space on this lot for additional building or parking. Serious inquiries only please.

Last Agent to Sell the Property

Nedra Carter

Carter Real Estate License #B-18946 Listed on: 11/07/2019

Last Buyer's Agent

Sandi Walters

RE/MAX Town & Country License #23832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1965

Lot Details

  • 7,013

Home Design

  • Brick Veneer

Additional Features

  • Lot Dimensions are 50x140
  • Flood Zone Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,170

Year Built

Built in 1965

Lot Details

0

Listing Details

  • 16th Section Land: N
  • First Right of Refusal: Select One
  • Directions: Hwy 15N, Right on 15th St, Right on N 5th Ave. Triplex on right.
  • Electrical Service Provider: Mississippi Power Co
  • Garbage And Trash Svc Other: Laurel
  • Gas Svc Prvd: Center Point Energy
  • Historical District: No
  • Lender Short Sale: No
  • Listing Member Name: Nedra Carter
  • Prop. Type: MultiFamily
  • List Price Range: 11
  • Realtor Ads: Yes
  • Selling Member Short Id: sandicreel
  • Selling Office Short Id: carterreal
  • Sewage Companies Other: Laurel
  • Sale Price per Sq Ft: 1996.00
  • Total Annual Property Tax: 1170.00
  • Water Service Provided Other: Laurel
  • Year Built: 1965
  • One Bedroom Number of Units: 1
  • Two Bedroom Number of Units: 2
  • Estimated Building Sq Ft: 1950.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Source For Sq Ft: Appraiser
  • Foreclosure: No
  • Legal Description: LAUREL HEIGHTS ADD BLK-20 LOT 7
  • Number Of Buildings: 1

Exterior Features

  • Exterior Construction: Brick Veneer
  • Flood Zone: Yes

Condo/Co-op/Association

  • Number of Units: 3

Schools

  • School District: Laurel

Lot Info

  • Lot Dimensions: 50X140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
May 8, 2020
Sold by
A & C Properties Of Ms Llc
Bought by
Straight Path Investments Llc
Seller's Agent
Nedra Carter
Carter Real Estate
Buyer's Agent
Sandi Walters
RE/MAX Town & Country
List Price
$59,000
Current Estimated Value
$81,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$30,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 4, 2013
Sold by
Division Of Mission Ministries Inc Of Th
Bought by
Walley James S
Seller's Agent
Nedra Carter
RE/MAX Town & Country
Buyer's Agent
Nedra Carter
Carter Real Estate
List Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%
Original Mortgage
$42,784
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Straight Path Investments Llc -- --
Walley James S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Straight Path Investments Llc $30,000
Previous Owner Walley James S $42,784
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2020 05/11/20 Sold -- -- --
03/27/2020 03/27/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $59,000 +31.1% $30 / Sq Ft
05/21/2018 05/21/18 Sold -- -- -- View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $45,000 -30.8% $23 / Sq Ft
09/04/2013 09/04/13 Sold -- -- -- View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $65,000 -- $33 / Sq Ft
Source: Hattiesburg Area Association 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
2025 $1,208 $6,861 $0 $0
2024 $1,113 $6,375 $0 $0
2023 $1,113 $6,375 $0 $0
2022 $1,102 $6,375 $0 $0
2021 $1,108 $6,375 $0 $0
2020 $1,086 $6,198 $0 $0
2019 $1,091 $6,198 $0 $0
2018 $1,066 $6,198 $0 $0
2017 $1,066 $6,198 $0 $0
2016 $1,284 $7,775 $0 $0
2015 -- $9,033 $0 $0
2014 -- $9,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nedra Carter

    Seller's Agent in 2020

    Nedra Carter

    Carter Real Estate

    (601) 319-1950

    63 Total Sales

    Nedra Carter
    Section Image

  • S

    Buyer's Agent in 2020

    Sandi Walters

    RE/MAX Town & Country

  • S

    Buyer's Agent in 2020

    Sandi Creel

    Carter Real Estate

See All Agents

Map

Source: Hattiesburg Area Association of REALTORS®

MLS Number: 119547

Hattiesburg Area Association of REALTORS®

APN: 134I-31-09-001.00

Mississippi Jones County Laurel 39440

1328 N 5th Ave, Laurel, MS

Not Listed for Sale

MultiFamily

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