NOT LISTED FOR SALE

4940 Margarette Cir E Olive Branch, MS 38654

Pleasant Hill Neighborhood

Estimated Value: $341,000 - $377,000

3 Beds
2 Baths
2,068 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 29, 2022

Current estimated payment $2,002/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Corner Lot
  • Pleasant Hill Elementary School Rated A-
  • Main Floor Primary Bedroom
  • High Ceiling

About This Home

As of August 2022

Beautiful, like new, brick home in Margarette Manor Subdivision, large corner lot with privacy fence; Walk in to an open living area which features a corner fireplace, stunning hardwoods in the entry, family room and primary; plantation shutters galore; beautiful tile in the kitchen with gray cabinets and granite, built in microwave and stainless steel vent-a-hood; tons of work space and eat in kitchen area; split bedroom plan with large primary and luxurious primary bath; large bonus room up which can be used as a 4th bedroom.

Last Agent to Sell the Property

Sherri Schmid

Groome & Co License #S57826 Listed on: 07/15/2022

Last Buyer's Agent

Claire Johnson

Keller Williams Realty - Getwell License #S-51821

Keller Williams Realty - Getwell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $261

Year Built

  • Built in 2021

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Private Yard
  • Front Yard
  • Zoning described as General Residential

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,068 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Screens
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Desoto Central Elementary And Middle School
  • Desoto Central High School

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Front Porch
  • City Lot

Community Details

  • Association fees include ground maintenance
  • Margarette Manor Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 2071121600012300

Home Details

Home Type

Single Family

Est. Annual Taxes

$261

Year Built

Built in 2021

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Lot Size: 15940
  • Parking Features Parking Total: 2.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 2021
  • Lot Size Acres: 0.36
  • Subdivision Name: Margarette Manor
  • Directions: From Craft Road, turn east on Church Road, then turn right on Margarette Circle E
  • New Construction: No
  • Appliances Microwave: Yes
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Dead Bolt Lock(s)
  • Fireplace Features: Den, Gas Log, Ventless
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Recessed Lighting, Tray Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Screens
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Interior Features:Granite Counters: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Kitchen Features:Breakfast Bar2: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Bathroom Features:Double Vanity2: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Bathroom Features:Walk-In Shower: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Oven - Built-In Electric: Yes
  • Fireplace Features:Den2: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Ventless: Yes

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Wood
  • Foundation Details: Slab
  • Lot Features: City Lot, Corner Lot, Front Yard, Landscaped
  • Roof: Architectural Shingles
  • Patio And Porch Features: Front Porch, Porch, Rear Porch
  • Pool Private: No
  • Construction Type: Brick
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Patio - Covered: Yes
  • Driveway Features:Concrete Drive: Yes
  • Lot Features:City Lot: Yes
  • Door Features:Dead Bolt Lock(s): Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Screens: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Front Yard: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Corner Lot: Yes
  • Driveway Features:Rear Entrance: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, Garage Faces Rear, Inside Entrance, Concrete
  • Attached Garage: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Rear: Yes
  • Parking Features:Inside Entrance: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Dual, Gas
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected, Underground Utilities
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Covenants And Restrictions:Homeowner Association: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Tax and Financial Information:Association Fee: 150.0
  • Tax and Financial Information:Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desoto Central
  • High School: Desoto Central
  • Middle Or Junior School: Desoto Central

Lot Info

  • Parcel #: 2071121600012300
  • Lot Size Sq Ft: 15681.6
  • Zoning Description: General Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 261.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 29, 2022
Sold by
Clements Rebecca D
Bought by
Mccaleb Jeremy A and Mccaleb Krisha L
Seller's Agent
Sherri Schmid
Groome & Co
Buyer's Agent
Claire Johnson
Keller Williams Realty - Getwell
List Price
$349,500
Current Estimated Value
$353,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%
Original Mortgage
$350,000
Outstanding Balance
$334,517
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$18,615

Purchase Details

Closed on
May 20, 2022
Sold by
Clements Rebecca D
Bought by
Clements Rebecca D and Clements Christian T

Purchase Details

Closed on
Mar 22, 2021
Sold by
Wheeler Homes Llc
Bought by
Clements Rebecca D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
2.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mccaleb Jeremy A -- --
Clements Rebecca D -- None Listed On Document
Clements Rebecca D -- Select Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaleb Jeremy A $350,000
Previous Owner Clements Rebecca D $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Off Market -- -- --
08/29/2022 08/29/22 Sold -- -- --
07/17/2022 07/17/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $349,500 -- $169 / 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 $1,461 $18,205 $1,700 $16,505
2023 $1,461 $18,205 $0 $0
2022 $2,485 $18,205 $1,700 $16,505
2021 $261 $1,913 $1,913 $0
2020 $261 $1,913 $1,913 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Schmid

    Seller's Agent in 2022

    Sherri Schmid

    Groome & Co

    (901) 517-6540

    4 in this area

    121 Total Sales

    Sherri Schmid
    Section Image

  • C

    Buyer's Agent in 2022

    Claire Johnson

    Keller Williams Realty - Getwell

    (662) 404-6400

    3 in this area

    20 Total Sales

    Claire Johnson
    Section Image

  • C

    Buyer's Agent in 2022

    Clarice Johnson

    Crye-Leike Of MS-SH

See All Agents

Map

Source: MLS United

MLS Number: 4023582

MLS United

APN: 2071121600012300

Mississippi DeSoto County Olive Branch 38654 Pleasant Hill

4940 Margarette Cir E, Olive Branch, MS

This home is located at 4940 Margarette Cir E, Olive Branch, MS 38654 since 15 July 2022 and is currently estimated at $353,132, approximately $170 per square foot. This property was built in 2021. 4940 Margarette Cir E is a home located in DeSoto County with nearby schools including Pleasant Hill Elementary School, DeSoto Central Middle School, and DeSoto Central 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.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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