$214,900
SOLD FEB 5, 2016
Last list price

5118 Hilo Dr Hernando, MS 38632

Lake Cormorant Neighborhood
2 Beds
1 Bath
1,800 Sq Ft
0.5 Acres

Recently Sold

$119 Per Sq Ft

99 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Community Lake
  • Lake Cormorant Elementary School Rated A-
  • Private Dock
  • Central Heating and Cooling System

About This Home

As of January 2025

Unbelievable view on Koko Reef!! Completely remodeled 3 bedroom 2 bath lakefront property. Open Floorplan with exposed frame beams. Eat-in breakfast with granite countertops, pull out extensions in cabinets, huge pantry with pull out extensions and tankless hot water heater. Master bedroom has ceiling fan and double doors to deck. Bathrooms updated with new vanities and shower surround tile with subway tiles. Downstairs has its own master suite with French doors to bathroom with double vanities and jacuzzi tub. Private entrance to downstairs from deck. Two storage units and double boat dock with fish cleaning station. Multi level deck great for entertaining!!!! Sea wall installed and paved driveway! Live like you're on vacation!!

Last Agent to Sell the Property

Jessica Virden

Kaizen Realty License #S29769 Listed on: 09/22/2015

Kaizen Realty

Last Buyer's Agent

Christy Savage

Burch Realty Group Hernando License #S-49923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Lake Front

Parking

  • No Garage

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Access To Lake
  • Boathouse
  • Private Dock

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Koko Reef Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Lot Size: 0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1977
  • Lot Size Acres: 0.5
  • Subdivision Name: Koko Reef
  • Directions: Koko Reef
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • BasementFeaturesBasement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Has Basement: Exterior Entry, Full
  • ResoLivingAreaSource: Appraiser
  • Community Features:Lake: Yes
  • Basement Features:Exterior Entry: Yes
  • Basement Features:Full: Yes

Exterior Features

  • Disclosures: None
  • Other Structures: Boat House
  • Waterfront Features: Boat Dock, Lake, Waterfront
  • Waterfront: Yes
  • Waterfront Features:Waterfront2: Yes
  • Waterfront Features:Lake2: Yes
  • Waterfront Features:Boat Dock: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 9, 2024
Sold by
Cunningham Wendy
Bought by
Hardin Jonathan B and Hardin Tamara C
Seller's Agent
Christy Savage
Burch Realty Group Hernando
Buyer's Agent
Dawn Meyers
Crye-Leike Of MS-OB
List Price
$329,000
Views
315
Current Estimated Value
$245,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.29%
Original Mortgage
$250,381
Outstanding Balance
$248,692
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$3,242

Purchase Details

Listed on
Sep 22, 2015
Closed on
Jan 29, 2016
Sold by
Ballard Plez and Ballard Judy A
Bought by
Cunningham Wendy
Seller's Agent
Jessica Virden
Kaizen Realty
Buyer's Agent
Christy Savage
Burch Realty Group Hernando
List Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
May 22, 2009
Sold by
Bearden Walter A
Bought by
Ballard Plez and Ballard Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed -- Realty Title
Warranty Deed -- Realty Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,381 FHA
Closed $250,381 FHA
Previous Owner $135,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold -- -- --
08/20/2024 08/20/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $299,000 -9.1% $166 / Sq Ft
06/05/2024 06/05/24 Price Changed $329,000 -4.4% $183 / Sq Ft
12/31/2023 12/31/23 Price Changed $344,000 -1.7% $191 / Sq Ft
12/05/2023 12/05/23 For Sale $350,000 +62.9% $194 / Sq Ft
02/05/2016 02/05/16 Sold -- -- --
01/01/2016 01/01/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $214,900 -- $119 / 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 $453 $7,535 $1,000 $6,535
2023 $453 $7,535 $0 $0
2022 $753 $7,535 $1,000 $6,535
2021 $753 $7,535 $1,000 $6,535
2020 $701 $7,012 $0 $0
2019 $701 $7,012 $1,000 $6,012
2017 $697 $12,846 $6,923 $5,923
2016 $697 $6,923 $1,000 $5,923
2015 $697 $12,846 $6,923 $5,923
2014 $1,018 $6,923 $0 $0
2013 $1,018 $6,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christy Savage

    Burch Realty Group

    (901) 937-9972

    3 in this area

    73 Total Sales

    Christy Savage
    Section Image
  • Jessica Virden

    Seller's Agent in 2016

    Jessica Virden

    Kaizen Realty

    (901) 461-8511

    84 Total Sales

    Jessica Virden
    Section Image
See All Agents

Map

Source: MLS United

MLS Number: 2299363

MLS United

APN: 3099310200004700

Mississippi DeSoto County Hernando 38632 Lake Cormorant

5118 Hilo Dr, Hernando, MS

This home is located at 5118 Hilo Dr, Hernando, MS 38632 and is currently estimated at $214,900, approximately $119 per square foot. This property was built in 1977. 5118 Hilo Dr is a home located in DeSoto County with nearby schools including Lake Cormorant Elementary School, Horn Lake Intermediate School, and Horn Lake Middle 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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