NOT LISTED FOR SALE

1359 Highway 51 NE Brookhaven, MS 39601

Estimated Value: $138,000 - $168,000

3 Beds
2 Baths
1,433 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 28, 2020

Current estimated payment $938/month

39 Days on Market

About This Home

As of July 2020

This property is zoned C-3 Highway Commercial or Residential, in Brookhaven, Lincoln County, MS. It is currently being used as a home with three bedrooms, and two baths. With 1433 sq ft of restored original hardwood floors this property is well kept and could easily be converted into a commercial space, a great opportunity to start a small business. Walking into the front door you are greeted with a common area or living room, that opens into the dining room, which could be used as a reception area. The bedrooms are a great size, that could be converted into individual offices. Since it is zoned C-3 Highway Commercial, it is the least restrictive commercial zoning. This allows antique shops, commercial nurseries or greenhouses, upholstery shops, gift shops, hair salons, professional offices for accountants, legal, engineering, real estate, insurance, or even a retail shop.

Last Agent to Sell the Property

Fallback Agent

FBS Fallback Office Brokerage Phone: 6014549397 Listed on: 06/12/2020

Last Buyer's Agent

Fallback Agent

FBS Fallback Office Brokerage Phone: 6014549397 Listed on: 06/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1948

Lot Details

  • 0.84 Acre Lot
  • Zoning described as General Commercial

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 77-11-01-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$686

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Unit Levels: One
  • Lot Size: .84
  • Prop. Type: Residential
  • Year Built: 1948
  • Lot Size Acres: 0.84
  • Co List Office Mls Id: 2133
  • Co List Office Phone: 601-898-2772
  • Subdivision Name: None
  • Directions: Directions from I-55 Brookhaven: Take exit 42 toward N Brookhaven. Turn right onto Union Street Ext. Turn left onto W Industrial Park Rd Ne. At the light, turn left on US-51 N. House will be on the left.
  • Attribution Contact: 6014549397
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Community
  • Heating Yn: Yes

Lot Info

  • Parcel #: 77-11-01-012
  • Lot Size Sq Ft: 36590.4
  • Zoning Description: General Commercial

Tax Info

  • Tax Annual Amount: 686.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 28, 2020
Sold by
Thompson Kevin B
Bought by
Simmons William Lane
Seller's Agent
Fallback Agent
FBS Fallback Office
Buyer's Agent
Fallback Agent
FBS Fallback Office
List Price
$115,900
Current Estimated Value
$151,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$117,070
Outstanding Balance
$104,041
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$47,370

Purchase Details

Closed on
Apr 26, 2010
Sold by
Butler Joe E and Butler Ellen S
Bought by
Thompson Kevin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,261
Interest Rate
4.94%
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
Simmons William Lane -- Benchmark Title
Thompson Kevin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons William Lane $117,070
Previous Owner Thompson Kevin B $94,261
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold -- -- --
07/21/2020 07/21/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $115,900 -- $81 / 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 $1,621 $11,234 $0 $0
2023 $1,621 $7,104 $0 $0
2022 $1,631 $7,489 $0 $0
2021 $784 $7,104 $0 $0
2020 $774 $6,659 $0 $0
2019 $776 $6,659 $0 $0
2018 $774 $6,659 $0 $0
2016 $674 $6,044 $0 $0
2015 -- $6,044 $0 $0
2014 -- $6,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Fallback Agent

    FBS Fallback Office

See All Agents

Map

Source: MLS United

MLS Number: 131765

MLS United

APN: 77-11-01-012

Mississippi Lincoln County Brookhaven 39601

1359 Highway 51 NE, Brookhaven, MS

This home is located at 1359 Highway 51 NE, Brookhaven, MS 39601 since 12 June 2020 and is currently estimated at $151,411, approximately $105 per square foot. This property was built in 1948. 1359 Highway 51 NE is a home located in Lincoln County with nearby schools including Brookhaven High School and Faith Presbyterian Kindergarten.

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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