$58,000
SOLD SEP 20, 2024
Last list price

221 Cypress Ave Hattiesburg, MS 39401

3 Beds
2 Baths
1,008 Sq Ft
0.32 Acres

Recently Sold

$58 Per Sq Ft

10 Days on Market

Highlights

  • Covered patio or porch
  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property
  • Wood Siding

About This Home

As of September 2024

Investor's Dream- Turnkey 3-bedroom, 2-bathroom property with instant cash flow!Seize the opportunity to own this maintained investment property that promises immediate returns. With foundation repairs already completed, the heavy leg work has been completed. A reliable tenant is already in place, providing you with instant cash flow from the moment you close. Whether you're a seasoned investor or just starting out, this property can be an amazing addition to your portfolio. Don't miss out on this opportunity!

Last Agent to Sell the Property

Stephanie Smith

Real Broker License #S-55668 Listed on: 08/13/2024

Last Buyer's Agent

Adam Nicolosi

Lamar Property & Realty License #S-54477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1936

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2-038G-15-034.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1936

Lot Details

0

Listing Details

  • 16th Section Land: N
  • First Right of Refusal: No
  • Estimated Age: 50 + Years
  • Directions: From 49S, left onto William Carey Pkwy. Pass William Carey University, at 3rd stop sign, left onto Cypress. House will be on the left.GPS friendly
  • Electrical Service Provider: Mississippi Power Co
  • Garbage And Trash Svc: Hattiesburg Sanitati
  • Gas Svc Prvd: Spire
  • Historical District: No
  • Homestead Exempt: No Homestead Exemption
  • Leased Item: None
  • Lender Short Sale: No
  • Listing Member Name: Stephanie Smith
  • Listing Office Short Id: realbroker
  • Open House Office I D: 20220415173316963404000000
  • Post Closing Remarks: In-house loanSquare footage taken from previous sale
  • Preconstruction: No
  • Prop. Type: Residential
  • List Price Range: 13W
  • Realtor Ads: Yes
  • Selling Member Short Id: adamnic
  • Selling Office Short Id: 027
  • Sewage Companies: City of H'burg
  • Sale Price per Sq Ft: 1008.00
  • Special Ownership: None
  • Building Stories: One Story
  • Total Bedrooms: 3
  • Total Annual Property Tax: 623.36
  • Water Service Provided: City of Hattiesburg
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Source For Sq Ft: Public Records
  • Flooring: Laminate, Vinyl
  • Foreclosure: No
  • Kitchen Features: Range
  • Legal Description: LT 1 BLK 8
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Wood Siding
  • Flood Zone: No
  • Foundation: Raised
  • Roof: Composition
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Carport: None
  • Garage Spaces: None

Utilities

  • Cooling System: Central Air
  • Heating/Cooling: Central Electric
  • Sewer: Public Sewer
  • Water System: City Water

Condo/Co-op/Association

  • Community Amenities: None
  • Senior Community: No

Schools

  • School District: City of Hattiesburg
  • School District: City of Hattiesburg

Lot Info

  • Lot Description: Subdivision
  • Lot Dimensions: 0.32
  • Parcel Number: 2-038G-15-034.00

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 19, 2024
Sold by
Page-Harmon Janice
Bought by
221 Cypress Avenue Llc
Seller's Agent
Stephanie Smith
Real Broker
Buyer's Agent
Adam Nicolosi
Lamar Property & Realty
List Price
$58,000
Sold Price
$49,500
Premium/Discount to List
-$8,500
-14.66%
Total Days on Market
10
Views
14
Current Estimated Value
$54,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,081
Avg. Annual Appreciation
14.31%
Original Mortgage
$36,544
Outstanding Balance
$33,398
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$20,887
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $36,544 Credit Line Revolving
Closed $36,544 Credit Line Revolving
Previous Owner $26,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold -- -- --
08/23/2024 08/23/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $58,000 +28.9% $58 / Sq Ft
10/22/2021 10/22/21 Sold -- -- --
09/26/2021 09/26/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $45,000 -- $45 / 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
2024 $648 $3,518 $0 $0
2023 $648 $22,950 $0 $0
2022 $636 $3,443 $0 $0
2021 $636 $3,443 $0 $0
2020 $614 $3,357 $0 $0
2019 $612 $3,357 $0 $0
2018 $614 $3,357 $0 $0
2017 $610 $3,357 $0 $0
2016 $676 $3,748 $0 $0
2015 -- $3,748 $0 $0
2014 -- $3,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hattiesburg Area Association of REALTORS®

MLS Number: 139204

Hattiesburg Area Association of REALTORS®

APN: 2-038G-15-034.00