NOT LISTED FOR SALE

402 Timber Ln Oxford, MS 38655

Estimated Value: $364,000 - $581,000

4 Beds
2.5 Baths
2,686 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 25, 2020

Current estimated payment $2,753/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Home Office
  • Lafayette Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of September 2020

Are you looking for more room inside and outside? This home features a large open split floor plan, surround sound, 1GB fiber internet, a huge master suite, a big Jack & Jill bathroom between bedroom 2 & 3, and is located in a private lake community. You will have great spaces to entertain and make wonderful memories with your family and an unbelievable amount of closet and storage space. A home this size, with this large of a lot, and in this good condition is hard to find around Oxford. The lake is great for kayaking, fishing, or just relaxing.

Last Agent to Sell the Property

John Rucker

Crye-Leike Oxford Real Estate License #S54068 Listed on: 06/10/2020

Crye-Leike Oxford Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 2003

Lot Details

  • 2.1 Acre Lot
  • Property is zoned RE, LAFAYETTE

Home Design

  • Colonial Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Home Office

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Propane Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include amenities maintenance, ground maintenance
  • Timberlake Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 08419026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Take Hwy 30 towards New Albany. Turn right on CR 221. Turn left on CR 224. When CR 224 ends at the lake take a left. The house will be on the left with a sign.
  • Prop. Type: Residential
  • Year Built: 2003
  • Property Sub Type: Residential
  • Lot Size Acres: 2.1
  • Road Surface Type: Asphalt
  • Subdivision Name: Timberlake
  • Architectural Style: Colonial
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • RoomBedroomLevel: Main
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater, LP Gas Water Heater, Microwave/Free-Standing, Drop-in, Refrigerator, Washer, Oven, Dishwasher, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Walk-In Closet(s), Office, Ceiling Fan(s)
  • Living Area: 2686
  • Window Features: Vinyl, Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Patio
  • Roof: Architectural

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, 2 Car Carport, Paved
  • Total Parking Spaces: 2

Utilities

  • Heating: Central, Electric
  • Sewer: Community System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: NEMPA
  • Utilities: Cable Connected
  • Water Source: Community System

Condo/Co-op/Association

  • Association Fee: 60
  • Association: Yes

Fee Information

  • Association Fee Includes: Amenities Maintenance, Maintenance Grounds

Schools

  • Junior High Dist: Lafayette

Lot Info

  • Parcel #: 08419026.00
  • Zoning: RE
  • Lot Size Sq Ft: 91476
  • Zoning Description: LAFAYETTE
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1798
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 17, 2020
Sold by
Bennett Christopher Bryan and Estate Of Charlotte Sue Bennet
Bought by
Sessums Robert A and Sessums Meredith M
Seller's Agent
John Rucker
Crye-Leike Oxford Real Estate
List Price
$315,000
Current Estimated Value
$484,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$23,200,000
Outstanding Balance
$20,588,465
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$20,103,531

Purchase Details

Closed on
May 25, 2006
Sold by
Green James D and Green Sarah M
Bought by
Bennett Harry E and Bennett Charlotte S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sessums Robert A -- None Available
Bennett Harry E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sessums Robert A $23,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold -- -- --
08/20/2020 08/20/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $315,000 -- $117 / Sq Ft
Source: North Central Mississippi 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 $2,362 $24,492 $0 $0
2023 $2,362 $24,492 $0 $0
2022 $2,313 $24,492 $0 $0
2021 $2,354 $24,492 $0 $0
2020 $3,864 $36,420 $0 $0
2019 $1,780 $24,280 $0 $0
2018 $1,785 $24,280 $0 $0
2017 $1,785 $24,280 $0 $0
2016 $1,629 $22,997 $0 $0
2015 $534 $22,997 $0 $0
2014 $495 $22,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Mississippi REALTORS®

MLS Number: 145902

North Central Mississippi REALTORS®

APN: 124-19-015.00