NOT LISTED FOR SALE

Estimated Value: $174,828

1 Bed
1 Bath
416 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 15, 2019

Current estimated payment $1,008/month

18 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Cooling System Mounted To A Wall/Window
  • Lake Cormorant Elementary School Rated A-
  • Porch
  • Shed

About This Home

As of February 2019

Perfect getaway for the weekend warrior! This one acre lot offers a small cabin right on the water. Cabin has a nice living-room/bedroom with two fold out wall beds, a separate kitchen area with compact stove and a refrigerator plus there is a bathroom with a full size shower. Cabin has covered porches on two sides and a screened porch one side. There is ample parking, a shed with 220 wiring, a boathouse and it is extremely private. Be sure to bring your rod and reel because this property has over 200' of lake frontage and it is the best fishing lake in Desoto County, MS.

Last Listed By

Brian Couch

Burch Realty Group Hernando License #B-22115 Listed on: 01/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $260

Year Built

  • Built in 1979

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 228x196
  • Lake Front
  • Sloped Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 416 Sq Ft Home
  • 1-Story Property
  • Security Lights

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • No Garage
  • Parking Pad
  • Gravel Driveway

Outdoor Features

  • Access To Lake
  • Shed
  • Rain Gutters
  • Porch

Schools

  • Lake Cormorant Elementary And Middle School
  • Lake Cormorant High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Tank

Community Details

  • Koko Reef Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$260

Year Built

Built in 1979

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Unit Levels: One
  • Lot Size: 228x196
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1979
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: oburchher
  • Co List Office Phone: 662-449-1700
  • Subdivision Name: Koko Reef
  • Directions: From I-69, Go South on Hwy 301. Right on Cub Lake Drive. Left on E Williams Rd. Right on Koko Reef. Follow around about a mile and turn left on Hawaii Cove. Property on right
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • BasementFeaturesBasement: No
  • Total Bedrooms: 1
  • Flooring: Carpet, Combination, Linoleum
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Oven - Gas: Yes
  • Appliances:Gas - Range: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Disclosures: As Is
  • Exterior Features: Rain Gutters
  • Foundation Details: Conventional
  • Lot Features: Sloped
  • Roof: Asphalt Shingle
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Waterfront Features: Lake, Waterfront
  • Waterfront: Yes
  • Patio And Porch Features:Patio - Covered: Yes
  • Driveway Features:Gravel Drive: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Waterfront Features:Waterfront2: Yes
  • Lot Features:Sloped: Yes
  • Waterfront Features:Lake2: Yes

Garage/Parking

  • Parking Features: No Garage, Parking Pad, Gravel
  • Attached Garage: No
  • Parking Features:Parking Pad: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: None
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Security: Security Lights
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer Septic Tank: Yes
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Community Features: Lake
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: 200.0
  • Tax and Financial Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Lake Cormorant
  • High School: Lake Cormorant
  • Middle Or Junior School: Lake Cormorant

Lot Info

  • Lot Size Sq Ft: 44866.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
Feb 14, 2019
Sold by
Boone Kenny
Bought by
Newsom Larry and Newsom Lillian
Seller's Agent
Brian Couch
Burch Realty Group Hernando
Buyer's Agent
Chris Meyer
Crye-Leike Of MS-OB
List Price
$52,500
Sold Price
$47,000
Premium/Discount to List
-$5,500
-10.48%
Total Days on Market
18
Current Estimated Value
$174,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,828
Avg. Annual Appreciation
21.60%
Original Mortgage
$42,300
Outstanding Balance
$28,909
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$130,022

Range of Values:

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Average Value
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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
Newsom Larry -- Guardian Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsom Larry $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold -- -- --
02/01/2019 02/01/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $52,500 -- $126 / 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 $260 $2,605 $1,000 $1,605
2023 $260 $2,605 $0 $0
2022 $260 $2,605 $1,000 $1,605
2021 $260 $2,605 $1,000 $1,605
2020 $248 $2,477 $0 $0
2019 $248 $2,477 $1,000 $1,477
2017 $247 $3,900 $2,450 $1,450
2016 $247 $2,450 $1,000 $1,450
2015 $247 $3,900 $2,450 $1,450
2014 $247 $2,450 $0 $0
2013 $145 $2,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 2320670

MLS United

APN: 3099300100012400