NOT LISTED FOR SALE

3866 Magnolia Walk Rd Olive Branch, MS 38654

Lewisburg Neighborhood

Estimated Value: $295,000 - $488,000

4 Beds
3 Baths
2,874 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 10, 2023

Current estimated payment $2,710/month

177 Days on Market

Highlights

  • New Construction
  • Double Oven
  • Heating System Uses Natural Gas
  • Lewisburg Elementary School Rated A-
  • Cooling System Powered By Gas
  • Gas Fireplace

About This Home

As of October 2023

We are thrilled to announce that the beautiful Cottonwood Plan on lot 66 in McElroy Farms is now move-in ready! Boasting 4 spacious bedrooms, 3 luxurious bathrooms, and a generous 2864 square feet of living space, this stunning home is situated on a quarter-acre lot in the highly sought-after Lewisburg school district. Additionally, you'll enjoy the benefits of county-only taxes. This home has been thoughtfully designed with your every need in mind, from the open-concept living area perfect for entertaining, to the private master suite featuring a spa-like bathroom and walk-in closet. You'll also appreciate the attention to detail throughout, including the high-end finishes, gourmet kitchen, and ample storage space.Don't miss this opportunity to make the Cottonwood Plan your new home sweet home! Contact us today to schedule a tour and see for yourself the unmatched quality and beauty of this move-in ready home.

Last Agent to Sell the Property

Sara Clolinger

Grant New Homes Llc Dba Grant & Co. License #S-53517 Listed on: 03/20/2023

Co-Listed By

Aaron Clolinger

Grant New Homes Llc Dba Grant & Co. License #S-51169

Last Buyer's Agent

Devarrio Lakes

Keller Williams Realty - MS License #B23809

Keller Williams Realty - MS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,874 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lewisburg Elementary School
  • Lewisburg Middle School
  • Lewisburg High School

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include management
  • Mcelroy Farms Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number Unassigned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,108

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Unit Levels: Two
  • Parking Features Parking Total: 2.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 2023
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: ogrant
  • Co List Office Phone: 901-854-0525
  • Subdivision Name: McElroy Farms
  • Directions: Corner of 305 & College Rd Head east Neighborhood is on the right hand side
  • New Construction: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Cooktop
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Cooktop: Yes
  • Fireplace Features:Gas2: Yes

Exterior Features

  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Architectural Shingles
  • Pool Private: No
  • Construction Type: HardiPlank Type
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Gas
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Covenants And Restrictions:Homeowner Association: Yes
  • Association Fee Includes:Management: Yes
  • Tax and Financial Information:Association Fee: 850.0
  • Tax and Financial Information:Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Lewisburg
  • High School: Lewisburg
  • Middle Or Junior School: Lewisburg Middle

Lot Info

  • Parcel #: Unassigned
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Oct 6, 2023
Sold by
Kim Grant Homes Llc
Bought by
Carter Troy Mark and Ton Hien Ngoc
Seller's Agent
Sara Clolinger
Grant New Homes Llc Dba Grant & Co.
Buyer's Agent
Devarrio Lakes
Keller Williams Realty - MS
List Price
$489,950
Sold Price
$474,950
Premium/Discount to List
-$15,000
-3.06%
Total Days on Market
177
Views
198
Current Estimated Value
$424,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,809
Avg. Annual Appreciation
-6.63%
Original Mortgage
$354,950
Interest Rate
7.12%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Carter Troy Mark -- Memphis Title
Carter Troy Mark -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Troy Mark $354,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold -- -- --
09/14/2023 09/14/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $474,950 -1.0% $165 / Sq Ft
08/01/2023 08/01/23 Price Changed $479,950 -2.0% $167 / Sq Ft
07/28/2023 07/28/23 Price Changed $489,950 0.0% $170 / Sq Ft
07/28/2023 07/28/23 For Sale $489,950 -0.1% $170 / Sq Ft
07/09/2023 07/09/23 Off Market -- -- --
03/20/2023 03/20/23 For Sale $490,205 -- $171 / Sq Ft
Source: MLS United

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 $3,108 $30,779 $5,000 $25,779
2023 $3,108 $5,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sara Clolinger

    Grant New Homes Llc Dba Grant & Co.

    (901) 340-2752

    48 in this area

    97 Total Sales

    Sara Clolinger
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Aaron Clolinger

    Grant New Homes Llc Dba Grant & Co.

    (205) 614-1163

    39 in this area

    127 Total Sales

    Aaron Clolinger
    Section Image
  • Devarrio Lakes

    Buyer's Agent in 2023

    Devarrio Lakes

    Keller Williams Realty - MS

    (901) 701-1064

    6 in this area

    98 Total Sales

    Devarrio Lakes
    Section Image

  • D

    Buyer's Agent in 2023

    Dee Lakes Lakes

    Century 21 Patterson & Associates Real Estate Co

  • J

    Buyer Co-Listing Agent in 2023

    Jasmine Baptist

    Keller Williams Realty - MS

    (662) 892-4000

    2 in this area

    8 Total Sales

    Jasmine Baptist
    Section Image
See All Agents

Map

Source: MLS United

MLS Number: 4042640

MLS United

APN: 2065151600006600

Mississippi DeSoto County Olive Branch 38654 Lewisburg

3866 Magnolia Walk Rd, Olive Branch, MS

This home is located at 3866 Magnolia Walk Rd, Olive Branch, MS 38654 since 20 March 2023 and is currently estimated at $424,141, approximately $147 per square foot. This property was built in 2023. 3866 Magnolia Walk Rd is a home located in DeSoto County with nearby schools including Lewisburg Primary School, Lewisburg Elementary School, and Lewisburg Middle 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.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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