$649,000
SOLD OCT 31, 2024
Last list price

428 Olive Branch Way Oxford, MS 38655

6 Beds
5.5 Baths
2,600 Sq Ft
$235/mo HOA Fee

Recently Sold

$250 Per Sq Ft

4 Days on Market

Highlights

  • Private Pool
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Central Elementary School Rated A-
  • Cottage
  • Cooling Available

About This Home

As of October 2024

INVESTOR'S DREAM! This cottage is rented for $5,000 per month through July 2025. These rare units have great basements and two car garage! Rowandale is a popular student and second home community with many amenities including pools, volleyball, pickleball, beautiful mature trees, sidewalks, on the bike path to campus, and more!If an investor is interested and acts quickly, there are 4 units that could all be purchased. Great current and future rent with 6-10% cap rate! Photos may not be of the actual unit and were taken before tenants moved in. All units are similar but not the exact same.

Last Agent to Sell the Property

margaret baker

The Grove Realty, LLC License #B20664 Listed on: 09/20/2024

Last Buyer's Agent

Peyton Adams

Cannon Cleary McGraw License #S57136

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 2013

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Brick or Stone Mason
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Family Room
  • Carpet
  • Basement
  • Bedroom in Basement

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Association fees include cable TV, amenities maintenance, lawn maintenance, internet
  • Rowandale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135C16032.39

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,316

Year Built

Built in 2013

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Directions: After Entering Rowandale, at the first roundabout go right, then take a right at the stop sign. This cottage will be on your right on Olive Branch Way.
  • Prop. Type: Residential
  • Year Built: 2013
  • Property Sub Type: Townhouse/Condo
  • Road Surface Type: Asphalt
  • Subdivision Name: Rowandale
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Plans
  • RoomBedroomLevel: Main
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Microwave, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer, Vented Exhaust Fan
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2600
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Window Features: Vinyl
  • ResoLivingAreaSource: Plans
  • Room Bedroom2 Level: Basement
  • Room Family Room Level: Main
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Pool Features: Other
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Brick, Stone, HardiPlank Type
  • Foundation Details: Basement
  • Roof: Architectural

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: W/D Hook Up
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Oxford
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Amenities Maintenance, Lawn Maintenance, Internet

Schools

  • Junior High Dist: Oxford

Lot Info

  • Parcel #: 135C16032.39
  • Zoning Description: SUBDIVISION COVENANT
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4316
  • Tax Map Number: 030502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Wol Llc
Bought by
Wol Devlopment Llc
Current Estimated Value
$531,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,778
Outstanding Balance
$503,286
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$132,540
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,778 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold -- -- --
09/24/2024 09/24/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $649,000 +77.8% $250 / Sq Ft
07/24/2023 07/24/23 Sold -- -- --
10/24/2022 10/24/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $365,000 -- $192 / 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 $4,308 $32,610 $0 $0
2023 $4,308 $31,742 $0 $0
2022 $4,130 $28,728 $0 $0
2021 $1,033 $28,728 $0 $0
2020 $986 $28,224 $0 $0
2019 $986 $28,224 $0 $0
2018 $986 $28,224 $0 $0
2017 $986 $28,224 $0 $0
2016 $892 $26,445 $0 $0
2015 -- $26,445 $0 $0
2014 -- $26,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: North Central Mississippi REALTORS®

MLS Number: 159063

North Central Mississippi REALTORS®

APN: 135C-16-032.39