NOT LISTED FOR SALE

402 Farve Rd Sumrall, MS 39482

Estimated Value: $242,000 - $339,000

3 Beds
2 Baths
-- Sq Ft
14.2 Acres

Last Sold September 22, 2022

Current estimated payment $1,846/month

1 Day on Market

Highlights

  • Barn
  • Horses Allowed in Community
  • Wood Flooring
  • Sumrall Elementary School Rated A-
  • Pond
  • Granite Countertops

About This Home

As of September 2022

Oh the possibilities! Let your imagination run wild and with all the land this property has to offer you actually can! Need a place for horses? Bring them here! This home is the perfect outdoor paradise for anyone needing a place to store farm equipment with a huge shop like this. There is also a pond, greenhouse, 2 additional sheds, (one has power run to it), and a barn with a room above including a half bath! And this is just outside. Let's move to the home! The brick 3 bedroom 2 bathroom rustic style home is open and airy. Off the kitchen is a large, covered deck overlooking the in-ground saltwater pool perfect for special occasions. Back inside are updated bathrooms and roomy bedrooms. Off the primary bedroom is a private covered deck just for you to enjoy. Schedule your showing today!

Last Agent to Sell the Property

Joanna Burt

Coldwell Banker Don Nace, Inc. License #S-50620 Listed on: 08/08/2022

Coldwell Banker Don Nace, Inc.

Last Buyer's Agent

Kristi Shorts

Real Broker License #S-52005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 2007

Lot Details

  • 14.2

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Saltwater Pool
  • Pond
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Air
  • Well
  • Septic Tank

Additional Features

  • Garden
  • Flood Zone Lot
  • Barn

Community Details

  • Horses Allowed in Community

Listing and Financial Details

  • Foreclosure
  • REO, home is currently bank or lender owned
  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Year Built

Built in 2007

Lot Details

0

Listing Details

  • 16th Section Land: N
  • First Right of Refusal: Select One
  • Estimated Age: 11 - 20 Years
  • Directions: From 98 W turn right on Old Hwy 24. Turn right on Patterson Rd. Turn right on Farve Rd. Property will be on the right. Look for sign.
  • Electrical Service Provider: Pearl River Vly Elec
  • Garbage And Trash Svc: Lamar County
  • Gas Svc Prvd: Herring Gas
  • Historical District: No
  • Homestead Exempt: Regular Homestead
  • Number of Fireplaces: 1
  • Leased Item: None
  • Lender Short Sale: No
  • Listing Member Name: Joanna M Burt
  • Listing Office Short Id: 10
  • Open House Office I D: 20041026164814694187000000
  • Preconstruction: No
  • Prop. Type: Residential
  • List Price Range: 16W
  • Realtor Ads: Yes
  • Selling Member Short Id: kristishorts
  • Selling Office Short Id: SEP
  • Sewage Companies Other: septic
  • Sale Price per Sq Ft: 1620.00
  • Special Ownership: Bank Own/Foreclosure
  • Building Stories: One Story
  • Total Bedrooms: 3
  • Total Annual Property Tax: 998.76
  • Utility Info Electric Supplier: PRVEPA
  • Utility Info Gas Supplier: Herring Gas
  • Utility Info Sewer: septic
  • Utility Info Water Supplier: well
  • Water Service Provided Other: well
  • Year Built: 2007
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Foreclosure: Yes
  • Interior Amenities: Ceiling Fans, Fireplace
  • Kitchen Features: Dishwasher, Exhaust Fan, Granite Counter Tops, Range, Work Island
  • Legal Description: PT SW 1/4 SE 1/4 E OF RD
  • Specialty Rooms: Other - See Remarks
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Brick Veneer
  • Exterior Features: Barn/Stable, Covered Deck, Covered Porch, Garden, Improved Outbldg(s), Pond, Saltwater Pool, Storage
  • Flood Zone: Partial
  • Foundation: Slab/Raised
  • Roof: Composition

Garage/Parking

  • Carport: None
  • Garage Spaces: None

Utilities

  • Cooling System: Central Air, Electric
  • Heating/Cooling: Fireplace Insert
  • Sewer: Septic
  • Water System: Well

Condo/Co-op/Association

  • Community Amenities: Horses Permitted, Satellite Permitted

Schools

  • School District: Sumrall
  • School District: Sumrall

Lot Info

  • Lot Description: 10 - 25 Acres
  • Lot Dimensions: 14.2 acres mol

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
May 15, 2020
Sold by
Ginn Clyde Jason and Ginn Michelle
Bought by
Ryals Michelle and Williams Richard
Seller's Agent
Jordan Bullock
Realty Executives The Executive Team
Buyer's Agent
Aritt E. Davis
Real Broker
List Price
$262,900
Current Estimated Value
$305,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$247,350
Outstanding Balance
$220,144
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$85,525

Purchase Details

Closed on
Sep 26, 2011
Sold by
Ginn Clyde N and Ginn Clara Karen
Bought by
Ginn Clyde J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,924
Interest Rate
4.4%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Stuart Timothy H and Stuart Shelia R
Bought by
Ginn Clyde Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,924
Interest Rate
4.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ryals Michelle -- --
Ryals Michelle -- --
Ginn Clyde J -- --
Ginn Clyde Jason $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryals Michelle $247,350
Closed Ryals Michelle $247,350
Previous Owner Ginn Clyde Jason $33,000
Previous Owner Ginn Clyde J $31,934
Previous Owner Ginn Clyde Jason $143,360
Previous Owner Ginn Clyde Jason $138,924
Previous Owner Stuart Shelia R $93,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold -- -- --
08/10/2022 08/10/22 Off Market -- -- --
08/08/2022 08/08/22 For Sale $300,000 +14.1% --
05/15/2020 05/15/20 Sold -- -- --
04/15/2020 04/15/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $262,900 -- --
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 $2,211 $17,588 $0 $0
2023 $2,212 $17,594 $0 $0
2022 $1,210 $12,008 $0 $0
2021 $999 $10,457 $0 $0
2020 $0 $10,189 $0 $0
2019 $0 $10,274 $0 $0
2018 $0 $10,083 $0 $0
2017 $0 $10,063 $0 $0
2015 $691 $7,974 $0 $0
2014 -- $9,404 $0 $0
2013 -- $9,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hattiesburg Area Association of REALTORS®

MLS Number: 130622

Hattiesburg Area Association of REALTORS®

APN: 152-09-025.000