NOT LISTED FOR SALE

408 E Eighth St Picayune, MS 39466

Estimated Value: $180,000 - $248,000

-- Bed
1 Bath
1,539 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 03, 2023

Current estimated payment $1,383/month

139 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2023

This is a great opportunity to build your rental portfolio! This is a 2 bedroom 1 bathroom duplex on a dead end street in the Picayune city limits. Duplex has been 100% rented for multiple years at $700 month. 1 unit recently became vacant and will remain vacant for easy viewing. This duplex sits on .68 acres with another duplex for sale separately on the parcel. If purchasing one unit, a survey will need to be done. Appliances remain. Interior photos are of the neighboring duplex, same floor plan. **Seller will consider Owner Financing, present the terms.**

Last Listed By

Kelsey Templet-Hickman

Templet Realty, LLC Brokerage Phone: 6017490137 License #B-22766 Listed on: 08/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1977

Lot Details

  • 0.68

Parking

  • Off-Street Parking

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property

Additional Features

  • 0.68 Acre Lot
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 026234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Hwy 11 turn on E Seventh Street. Turn left on Simmons St. Simmons Street turns into E Eighth St. Duplexes are at the end of the street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1977
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6017490137
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Flooring: Other-See Remarks
  • Living Area: 1539
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: City Lot
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Architectural, Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Coast Electric, MS Power
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Pic-Roseland Park

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Farm Land Area Units: Square Feet
  • Parcel #: 026234
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Feb 2, 2023
Sold by
Mckean Fay C Trust
Bought by
Lejeune Equity Management Llc
Seller's Agent
Kelsey Templet-Hickman
Templet Realty, LLC
Buyer's Agent
Missi S. Smith
RE/MAX Premier Group
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Total Days on Market
139
Views
73
Current Estimated Value
$218,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,422
Avg. Annual Appreciation
18.00%
Original Mortgage
$130,000
Outstanding Balance
$78,613
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$139,809

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
Lejeune Equity Management Llc $162,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lejeune Equity Management Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold -- -- --
01/12/2023 01/12/23 Pending -- -- --
08/25/2022 08/25/22 For Sale $185,000 -- $120 / Sq Ft
Source: Pearl River County 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 $2,066 $12,794 $0 $0
2023 $2,066 $11,339 $0 $0
2022 $3,650 $21,981 $0 $0
2021 $3,650 $21,981 $0 $0
2020 $3,400 $21,981 $0 $0
2019 $3,215 $20,820 $0 $0
2018 $3,225 $20,820 $0 $0
2017 $0 $20,820 $0 $0
2016 $3,191 $20,820 $0 $0
2015 -- $17,610 $0 $0
2014 -- $17,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelsey Templet-Hickman

    Seller's Agent in 2023

    Kelsey Templet-Hickman

    Templet Realty, LLC

    (601) 590-3928

    235 Total Sales

    Kelsey Templet-Hickman
    Section Image
  • Missi S. Smith

    Buyer's Agent in 2023

    Missi S. Smith

    RE/MAX

    (601) 347-7496

    115 Total Sales

    Missi S. Smith
    Section Image
See All Agents

Map

Source: Pearl River County Board of REALTORS®

MLS Number: 177135

APN: 6-17-6-14-002-010-2500

Mississippi Pearl River County Picayune 39466

408 E Eighth St, Picayune, MS

Homes for Sale in Picayune, MS

This home is located at 408 E Eighth St, Picayune, MS 39466 since 23 August 2022 and is currently estimated at $218,422, approximately $141 per square foot. This property was built in 1977. 408 E Eighth St is a home located in Pearl River County with nearby schools including Roseland Park Elementary School, Picayune Junior High School, and Picayune Memorial 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.

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.

Nearby Homes