NOT LISTED FOR SALE

196 W Sowell Rd Madison, MS 39110

Estimated Value: $378,000 - $416,000

27.85 Acres
$14,258 Price per Acre
1,213,146 Sq Ft Lot

Last Sold August 28, 2017

Current estimated payment $2,042/month

97 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Shed
  • Madison Crossing Elementary School Rated A
  • 27.85 Acre Lot
  • 1-Story Property

About This Lot

As of August 2017

High Hopes Farm, a beautiful 27.8 acres has been a working horse business for the past five years. It is complete with a 1226 sq ft home, metal barn, fencing, arenas and pastures. The house has 2 bedrooms, 1 bath and an office. The barn is complete with stalls, electricity and water. Whether you are looking to own your own business or have a beautiful home away from the hassle of town, this could be the place for you.

Last Agent to Sell the Property

Heath Daniels

Tom Smith Land & Homes Brokerage Phone: 6014549397 License #S51123 Listed on: 05/08/2017

Last Buyer's Agent

Heath Daniels

Tom Smith Land & Homes Brokerage Phone: 6014549397 License #S51123 Listed on: 05/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1947

Lot Details

  • 27.85 Acre Lot
  • Home fronts a creek
  • Property is Fully Fenced
  • Wood Fence
  • Barbed Wire

Parking

  • 2 Car Garage

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Madison Crossing Elementary School
  • Germantown Middle School
  • Germantown High School

Additional Features

  • Shed
  • Residence on Property
  • Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: One
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Year Built: 1947
  • Road Frontage Type: County Road, Other
  • Road Surface Type: Paved
  • Lot Size Acres: 27.85
  • Directions: From I-55 Take Exit 114 toward Sowell Rd (go East). Go 1 mile and take a sharp left on to W. Sowell Rd. The property will be on the left.
  • Attribution Contact: 6014549397
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Possible Use: Residential
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Barbed Wire, Full, Partial, Wood
  • Other Structures: Barn(s), Residence, Shed(s), Storage
  • Waterfront Features: Creek
  • WaterfrontFeaturesWaterfront: Yes
  • Waterfront: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Madison Crossing
  • High School: Germantown
  • Middle Or Junior School: Germantown Middle

Lot Info

  • Current Use: Horses, Pasture
  • Lot Size Sq Ft: 1213146.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2017
Sold by
High Hopes Farm Llc
Bought by
Mccraw Richard and Mccraw Deborah
Current Estimated Value
$389,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,916
Outstanding Balance
$179,062
Interest Rate
3.9%
Estimated Equity
$218,030

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 28, 2017
Sold by
High Hopes Farm Llc
Bought by
Mccraw Richard Thomas and Mccraw Deborah Alicia
Seller's Agent
Heath Daniels
Tom Smith Land & Homes
Buyer's Agent
Heath Daniels
Tom Smith Land & Homes
List Price
$324,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 25, 2017
Sold by
High Hopes Farm Llc
Bought by
Mccraw Richard Thomas and Mccraw Deborah Alicia
Seller's Agent
Heath Daniels
Tom Smith Land & Homes
Buyer's Agent
Heath Daniels
Tom Smith Land & Homes
List Price
$324,900

Purchase Details

Closed on
Jun 6, 2012
Sold by
Ulmer Michael W and Ulmer Nancy L
Bought by
High Hopes Farm Llc
Source: Public Records
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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
Mccraw Richard $10 --
Mccraw Richard Thomas -- None Available
Mccraw Richard Thomas -- None Available
High Hopes Farm Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccraw Richard $213,916
Closed Mccraw Richard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold -- -- --
08/14/2017 08/14/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $324,900 -- $265 / Sq Ft
Source: MLS United

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 $214 $2,082 $0 $0
2024 $222 $2,158 $0 $0
2023 $213 $2,078 $0 $0
2022 $210 $2,049 $0 $0
2021 $3,001 $29,297 $0 $0
2020 $2,676 $29,558 $0 $0
2019 $2,666 $29,463 $0 $0
2018 $1,065 $10,579 $0 $0
2017 $1,048 $10,408 $0 $0
2016 -- $10,173 $0 $0
2015 $958 $9,912 $0 $0
2014 $940 $9,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 1296965

MLS United

APN: 082E-15-022-00-00

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