NOT LISTED FOR SALE

4940 Margarette Cir E Olive Branch, MS 38654

Pleasant Hill Neighborhood

Estimated Value: $341,000 - $373,000

3 Beds
2 Baths
2,068 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 29, 2022

Current estimated payment $1,984/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
  • General Property Information:List PriceSqFt: 169.0
  • 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
$358,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$350,000
Outstanding Balance
$333,113
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$25,862

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- 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

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
2025 $1,240 $18,205 $1,700 $16,505
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

    124 Total Sales

    Sherri Schmid
    Section Image

  • C

    Buyer's Agent in 2022

    Claire Johnson

    Keller Williams Realty - Getwell

    (662) 404-6400

    4 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

Not Listed for Sale

Detached

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MLS United Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

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