NOT LISTED FOR SALE

305 W Railroad Ave N Magnolia, MS 39652

Estimated Value: $21,684 - $97,000

-- Bed
2 Baths
1,888 Sq Ft
$31/Sq Ft Est. Value

Last Sold April 05, 2024

Current estimated payment $381/month

205 Days on Market

Highlights

  • Wood Siding
  • No Heating
  • 1-Story Property

About This Home

As of April 2024

Investors take note! Here is your opportunity to own a large duplex with tons of potential. Each unit offers 2 bedrooms and 1 bath, a spacious living room, an eat-in kitchen, and its own laundry room. They each share a very large, covered front porch that is perfect for enjoying the evenings in the quaint neighborhood. The left unit is all electric, while the right unit has gas appliances. Come view this property with an open mind and envision what it once was, and what it can be again!

Last Agent to Sell the Property

Chris Wolff

Mason & Magnolia Real Estate License #S-55188 Listed on: 08/22/2023

Last Buyer's Agent

Lisa Dillon

eXp Realty License #S-51350

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1953

Lot Details

  • 588 Sq Ft Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • No Heating
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 300030

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$686

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions: From the intersection of Hwy 51 and E Bay St in Magnolia: Travel east on E Bay Street. Turn left on W Railroad Avenue, just before the railroad tracks. The property will be on your left in 2 blocks.
  • Prop. Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.0135
  • Lot Size: 0.1354+/- acres
  • Subdivision Name: None
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Other Water Heater, Water Heater #:
  • Has Basement: Crawl Space
  • Living Area: 1888
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: Entergy
  • Water Source: City
  • Gas Company: Centerpoint

Schools

  • Junior High Dist: South Pike

Lot Info

  • Parcel #: 300030
  • Lot Size Sq Ft: 588.06
  • Farm Land Area Units: Square Feet
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Map Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
May 14, 2024
Sold by
Frazier Cordell
Bought by
Fortson Andrew
Seller's Agent
Chris Wolff
Mason & Magnolia Real Estate
Buyer's Agent
Lisa Dillon
eXp Realty
List Price
$30,000
Views
393
Current Estimated Value
$59,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.17%

Purchase Details

Listed on
Aug 22, 2023
Closed on
Apr 5, 2024
Sold by
Holmes Timothy D and Holmes Stephanie
Bought by
Frazier Kimberly K
Seller's Agent
Chris Wolff
Mason & Magnolia Real Estate
Buyer's Agent
Lisa Dillon
eXp Realty
List Price
$30,000
Views
393

Purchase Details

Closed on
Jan 29, 2007
Sold by
Storer James S
Bought by
Trinchard Melba C
Source: Public Records

Range of Values:

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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
Fortson Andrew -- None Listed On Document
Frazier Kimberly K -- None Listed On Document
Trinchard Melba C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold -- -- --
03/15/2024 03/15/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $20,000 -20.0% $11 / Sq Ft
12/01/2023 12/01/23 Price Changed $25,000 -9.1% $13 / Sq Ft
10/06/2023 10/06/23 Price Changed $27,500 -8.3% $15 / Sq Ft
08/22/2023 08/22/23 For Sale $30,000 -- $16 / Sq Ft
Source: Southwest Mississippi 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 $686 $4,127 $0 $0
2023 $670 $4,127 $0 $0
2022 $664 $4,127 $0 $0
2021 $647 $4,127 $0 $0
2020 $624 $3,912 $0 $0
2019 $615 $3,912 $0 $0
2018 $620 $4,005 $0 $0
2017 $607 $4,005 $0 $0
2016 $605 $4,005 $0 $0
2015 -- $3,839 $0 $0
2014 -- $3,839 $0 $0
2013 -- $3,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Chris Wolff

    Mason & Magnolia Real Estate

    (601) 757-7968

    1 in this area

    53 Total Sales

    Chris Wolff
    Section Image
  • Lisa Dillon

    Buyer's Agent in 2024

    Lisa Dillon

    eXp Realty

    (601) 810-8326

    10 in this area

    201 Total Sales

    Lisa Dillon
    Section Image
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Map

Source: Southwest Mississippi Board of REALTORS®

MLS Number: 139864

Southwest Mississippi Board of REALTORS®

APN: 300030

Mississippi Pike County Magnolia 39652

305 W Railroad Ave N, Magnolia, MS

This home is located at 305 W Railroad Ave N, Magnolia, MS 39652 since 22 August 2023 and is currently estimated at $59,342, approximately $31 per square foot. This property was built in 1953. 305 W Railroad Ave N is a home located in Pike County with nearby schools including Eva Gordon Lower Elementary School, Osyka Elementary School, and South Pike Junior High School.

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.

Southwest Mississippi Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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