NOT LISTED FOR SALE

1511 Adcox Rd Picayune, MS 39466

Estimated Value: $131,552 - $333,000

5 Beds
3 Baths
1,836 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 13, 2023

Current estimated payment $1,515/month

30 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2023

GREAT INVESTMENT PROPERTY IN ESTABLISHED NEIGHBORHOOD! EACH DUPLEX HAS 1 UNIT THAT IS 3 BED/2 BATH AND 1 UNIT THAT IS 2 BED/1 BATH. CONVENIENTLY LOCATED TO SCHOOLS. WELL MAINTAINED AND STRONG OCCUPANCY HISTORY. RENTAL RATES ARE BELOW MARKET AND COULD BE INCREASED. THIS SALE WAS PART OF A 4 DUPLEX PORTFOLIO SALE AND PRICE WAS DECREASED FROM LIST PRICE BECAUSE OF THE PACKAGE DEAL.

Last Listed By

Corey Smith

Executive Real Estate Brokerage Phone: 6017984000 License #17161 Listed on: 08/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1999

Lot Details

  • 1.04

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Parking Spaces Included

Utilities

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

Additional Features

  • 1.04 Acre Lot
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,750
  • Tenant pays for electricity, water, trash collection, deposit, cable TV, sewer
  • The owner pays for grounds care
  • Assessor Parcel Number 22269 & 22270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,543

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Subdivision Name: None
  • Directions: FROM I-59 EXIT 6 WEST ON HWY 43/SYCAMORE RD TO ADCOX RD ON LEFT. ADCOX RD APPX 0.47 MILES TO PROPERTY ON RIGHT.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1999
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 6017984000
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Unit 1 Refrigerator, Unit 1 Range/Oven, Unit 1 Dishwasher, Unit 1 Disposal, Unit 2 Refrigerator, Unit 2 Range/Oven, Unit 2 Dishwasher, Unit 2 Disposal
  • Owner Pays: Grounds Care
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile
  • Interior Amenities: Unit 1 (Two or more Baths), Unit 2 (One Bath)
  • Living Area: 1836
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Architectural

Garage/Parking

  • Parking Features: Two Car/Unit
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Unit 1 Washer/Dryer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: MS Power
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: No Gas

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Pic-Roseland Park

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Farm Land Area Units: Square Feet
  • Parcel #: 22269 & 22270
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Water, Trash Collection, Deposit, Cable TV, Sewer

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1750

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Nov 13, 2023
Sold by
C2 Investments Llc
Bought by
Neil Whitney and Neil Dawn Whitney
Seller's Agent
Corey Smith
Executive Real Estate
Buyer's Agent
Antha mitchell
RE/MAX Premier Group
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Total Days on Market
30
Views
2
Current Estimated Value
$235,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,138
Avg. Annual Appreciation
12.45%
Original Mortgage
$131,250
Outstanding Balance
$129,681
Interest Rate
7.36%
Mortgage Type
Construction
Estimated Equity
$79,011

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
Neil Whitney $164,062 Patriot Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neil Whitney $131,250
Closed Neil Whitney $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold -- -- --
09/15/2023 09/15/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $200,000 -- $109 / Sq Ft
Source: Pearl River County 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 $2,543 $15,745 $0 $0
2023 $2,543 $32,465 $0 $0
2022 $5,391 $32,465 $0 $0
2021 $5,391 $32,465 $0 $0
2020 $5,021 $32,465 $0 $0
2019 $4,756 $30,798 $0 $0
2018 $4,771 $30,798 $0 $0
2017 $0 $30,798 $0 $0
2016 $4,720 $30,798 $0 $0
2015 -- $26,465 $0 $0
2014 -- $26,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Smith

    Seller's Agent in 2023

    Corey Smith

    Executive Real Estate

    (601) 916-4000

    6 Total Sales

    Corey Smith
    Section Image
  • Antha mitchell

    Buyer's Agent in 2023

    Antha mitchell

    RE/MAX

    (769) 926-8397

    426 Total Sales

    Antha mitchell
    Section Image
See All Agents

Map

Source: Pearl River County Board of REALTORS®

MLS Number: 178906

APN: 6-17-1-11-004-010-0600

Mississippi Pearl River County Picayune 39466

1511 Adcox Rd, Picayune, MS

Homes for Sale in Picayune, MS

This home is located at 1511 Adcox Rd, Picayune, MS 39466 since 16 August 2023 and is currently estimated at $235,138, approximately $128 per square foot. This property was built in 1999. 1511 Adcox Rd is a home located in Pearl River County with nearby schools including Roseland Park Elementary School, Picayune Junior High School, and Picayune Memorial High School.

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