NOT LISTED FOR SALE

205 Brookfield Dr Ridgeland, MS 39157

Estimated Value: $139,967 - $193,000

3 Beds
2 Baths
1,464 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 02, 2023

Current estimated payment $1,022/month

5 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Central Air
  • Ann Smith Elementary School Rated A-
  • 1-Story Property
  • 2 Car Garage

About This Home

As of August 2023

Discover a unique investment opportunity at 205 Brookfield Dr, Ridgeland, MS 39157. This property presents an exceptional chance for the astute investor to turn a challenging situation into a profitable venture. While the home has experienced fire damage, its strategic location, and the potential for redevelopment make it a promising prospect for those seeking to capitalize on the real estate market.

Property Highlights:

Prime Location: Situated in the desirable area of Ridgeland, this property is surrounded by well-established neighborhoods, schools, and amenities, making it an attractive choice for potential buyers in the future.

Engineer's Option Included: With the listing, we offer an engineer's assessment, providing invaluable insights into the property's structural integrity, repair options, and redevelopment potential. This ensures that any future plans align with safety standards and building codes.

Privacy and Security: The safety of the premises is of utmost importance. For the protection of both potential buyers and the property itself, access to the site is restricted. Rest assured that no one will be allowed to enter the property without proper authorization, ensuring a safe viewing experience for everyone involved.

Potential for Profit: Renowned for its strong real estate market, Ridgeland offers immense potential for capital growth and rental demand. With careful planning and vision, this property can be transformed into a valuable asset, providing long-term returns for the savvy investor.

Limitless Possibilities: The fire damage presents a blank canvas, allowing for creative development and innovative designs. Whether it's renovating the existing structure or building anew, the possibilities are only limited by your imagination.

This is a rare chance to enter the lucrative real estate market of Ridgeland, with the added benefit of purchasing at a potentially reduced price due to the property's current condition. Don't miss out on this extraordinary investment opportunity at 205 Brookfield Dr. Act now and seize the potential for substantial returns on your investment.

Note: For safety and security reasons, access to the property is restricted. Please contact us to arrange a guided viewing and receive the engineer's assessment for a more informed decision-making process.

Last Agent to Sell the Property

Austin Prowant

Southern Homes Real Estate License #B22808 Listed on: 07/18/2023

Last Buyer's Agent

Cheryl Armstrong

Southern Homes Real Estate License #S55512

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1985

Lot Details

  • 0.37

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ann Smith Elementary School
  • Olde Towne Middle School
  • Ridgeland High School

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Additional Features

  • 0.37 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Brookfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072i-31b-153-14-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Parking Features Parking Total: 2.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 1985
  • Lot Size Acres: 0.37
  • Subdivision Name: Brookfield
  • Directions: Turn on Brookfield only House half burnt down on Brookfield
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information:List PriceSqFt: 37.57
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • ResoLivingAreaSource: Assessor
  • Appliances:None12: Yes

Exterior Features

  • Exterior Features: None
  • Foundation Details: Slab
  • Lot Features: City Lot
  • Roof: Other
  • Construction Type: Brick
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No
  • Lot Features:City Lot: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • Parking Features:Garage2: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: No
  • Heating:None3: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Ann Smith
  • High School: Ridgeland
  • Middle Or Junior School: Olde Towne

Lot Info

  • Parcel #: 072i-31b-153-14-00
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1030.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jun 26, 2023
Sold by
Mann Charlotte E and Cox Jackie T
Bought by
Cornerstone Properties Llc
Seller's Agent
Austin Prowant
Southern Homes Real Estate
Buyer's Agent
Cheryl Armstrong
Southern Homes Real Estate
List Price
$60,000
Views
4
Current Estimated Value
$183,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.15%

Purchase Details

Closed on
Jun 21, 2006
Sold by
Mann Charlotte
Bought by
Mann Charlotte E and Cox Jackie T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cornerstone Properties Llc -- None Listed On Document
Mann Charlotte E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold -- -- --
07/24/2023 07/24/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $60,000 -- $41 / 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 $563 $5,223 $0 $0
2024 $1,771 $16,431 $0 $0
2023 $1,030 $10,954 $0 $0
2022 $1,030 $10,954 $0 $0
2021 $990 $10,575 $0 $0
2020 $990 $10,575 $0 $0
2019 $990 $10,575 $0 $0
2018 $990 $10,575 $0 $0
2017 $973 $10,423 $0 $0
2016 $973 $10,423 $0 $0
2015 $973 $10,423 $0 $0
2014 $973 $10,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4053501

MLS United

APN: 072I-31B-153-14-00