NOT LISTED FOR SALE

500 Summerset Dr Oxford, MS 38655

Estimated Value: $898,000 - $1,288,662

4 Beds
3.5 Baths
3,600 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 26, 2023

Current estimated payment $6,969/month

26 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Main Floor Bedroom
  • Central Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of June 2023

What a remarkable chance to own a renovated 3,600 sq. ft. home with 4 BRs. 3.5 BAs. located in a part of "Old Oxford." Located at 500 Summerset on the corner of Longest Rd./Summerset this house has been updated throughout. New carpet, paint, light fixtures, Plantation Shutters, and vanities are just a few of the many upgrades. Large living area with an open floor plan to the kitchen. Large master bedroom with room for an office or sitting area. Outdoor area has a new privacy fence and decorative lighting. Not many chances to own something so close to the Oxford Square and Ole Miss.

Last Agent to Sell the Property

Tim Phillips

Crye-Leike Oxford Real Estate License #22041 Listed on: 04/14/2023

Crye-Leike Oxford Real Estate

Last Buyer's Agent

O'Keefe Graham

Nix-Tann Oxford License #B20177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,079

Year Built

  • Built in 1998

Lot Details

  • 16,117 Sq Ft Lot
  • Sprinkler System
  • Zoning described as SUBDIVISION COVENANT

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Circular Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Crawl Space

Kitchen

  • Double Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Spa Bath

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include other-see remarks
  • Woodland Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135M21055.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,079

Year Built

Built in 1998

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Directions: Leaving the Oxford Square travel north on North Lamar and take a left on Price Street. Then take a right at the bottom of the hill on Vivian and a quick left at the stop sign onto Longest. 500 Summerset will be on your right at the corner of Longest/Summerset.
  • Prop. Type: Residential
  • Year Built: 1998
  • Property Sub Type: Residential
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt
  • Subdivision Name: Woodland Hills(City)
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • RoomBedroomLevel: Main
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Disposal, Double Oven, Drop-in, Dryer, Refrigerator, Washer, Vented Exhaust Fan, Microwave/Free-Standing
  • Spa Features: Bath
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Walk-In Closet(s), Granite Counters, Ceiling Fan(s), Office
  • Living Area: 3600
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Aluminum Frames, Casement, Wood Frames, Blinds
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Upper
  • Room Bedroom4 Level: Upper
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Main
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Sprinkler System-Yard
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Garage, Detached, Oversized, Circular Driveway, Paved
  • Total Parking Spaces: 2

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Oxford
  • Utilities: Cable Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Other-See Remarks

Schools

  • Junior High Dist: Oxford

Lot Info

  • Parcel #: 135M21055.00
  • Lot Size Sq Ft: 16117.2
  • Zoning Description: SUBDIVISION COVENANT
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 11079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 26, 2023
Sold by
Douglas Dean
Bought by
Rhea Bo B and Rhea Rebecca F
Seller's Agent
Tim Phillips
Crye-Leike Oxford Real Estate
Buyer's Agent
O'Keefe Graham
Nix-Tann Oxford
List Price
$980,000
Views
106
Current Estimated Value
$1,096,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$710,531
Outstanding Balance
$689,247
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$406,919

Purchase Details

Closed on
Nov 3, 2021
Sold by
Camp Walter A
Bought by
Hill Jody Keith and Hill Monya Canup

Purchase Details

Closed on
Nov 20, 2006
Sold by
Wolfe William Barry
Bought by
Wolfe Sheree A

Purchase Details

Closed on
Dec 28, 2005
Sold by
Vance Frazier Leslie Shea and Frazier Scott
Bought by
Deese Lawrence Edward and Deese Melodie Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Rhea Bo B -- None Listed On Document
Hill Jody Keith -- Tannehill Carmean & Mckenzie P
Wolfe Sheree A -- None Available
Deese Lawrence Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea Bo B $710,531
Previous Owner Deese Lawrence Edward $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold -- -- --
05/11/2023 05/11/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $980,000 +22.7% $272 / Sq Ft
11/18/2022 11/18/22 Sold -- -- -- View Prior Sale
10/24/2022 10/24/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $799,000 -- $222 / Sq Ft
Source: North Central Mississippi REALTORS®

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 $14,441 $110,991 $0 $0
2024 $14,441 $89,979 $0 $0
2023 $11,887 $86,531 $0 $0
2022 $11,259 $86,531 $0 $0
2021 $3,111 $86,531 $0 $0
2020 $2,922 $83,604 $0 $0
2019 $2,928 $83,769 $0 $0
2018 $1,802 $55,846 $0 $0
2017 $1,802 $55,846 $0 $0
2016 $1,593 $51,689 $0 $0
2015 -- $51,498 $0 $0
2014 -- $51,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Mississippi REALTORS®

MLS Number: 152527

North Central Mississippi REALTORS®

APN: 135M-21-055.00

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