NOT LISTED FOR SALE

5123 Highway 51 S Hernando, MS 38632

Estimated Value: $236,714 - $259,000

158 Acres
$1,582 Price per Acre
6,882,480 Sq Ft Lot

Last Sold April 28, 2023

Current estimated payment $1,427/month

30 Days on Market

Highlights

  • 158 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Oak Grove Central Elementary School Rated A-
  • No HOA

About This Lot

As of April 2023

158+- acres located in Desoto County just south of the Hernando square. Half mile of road frontage on Highway 51. This will make a great residential development tract with Belmont Water Association water and Atmos gas available to the property. Property is currently zoned agricultural. Mostly wooded with rolling hills. Located convenient to I55 and I69. All structures on subject property are being sold in ''As Is-Where IS'' condition with no value being given to any structure.

Last Agent to Sell the Property

Jason Burch

Burch Realty Group License #B-21190 Listed on: 11/11/2022

Co-Listed By

Jennie Holliday

Coldwell Banker Collins-Maury Southaven License #S-44986

Last Buyer's Agent

Christy Webster

Crye-Leike Of MS-SH License #S-49623

Crye-Leike Of MS-SH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,759

Lot Details

  • 158 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Many Trees

Utilities

  • Natural Gas Connected
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3087360000000100

Property Details

Property Type

Land

Est. Annual Taxes

$1,759

Lot Details

0

Listing Details

  • Property Sub Type: Acreage (more than 10 acres)
  • Prop. Type: Land
  • Road Frontage Type: Highway
  • Lot Size Acres: 158.0
  • Co List Office Mls Id: ocbcmr
  • Co List Office Phone: 662-548-2000
  • Subdivision Name: Metes And Bounds
  • Directions: From the Hernando square go south on Highway 51 for 2.5 miles and property is on the right.
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Possible Use: Investment, Residential, Single Family, Timber

Exterior Features

  • Lot Features: Many Trees, Wooded, Rolling Slope
  • WaterfrontFeaturesWaterfront: No
  • Lot Features:Many Trees: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Natural Gas Connected, Water Available
  • Water Source: Public

Association/Amenities

  • HorseAmenitiesHorseAmenities: Yes
  • Tax and Financial Information:Association: No

Lot Info

  • Current Use: Agricultural, Hunting, Recreational, Residential
  • Parcel #: 3087360000000100
  • Lot Size Sq Ft: 6882480.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1759.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Armistead Rhett J
Bought by
Ac Investments Llc
Current Estimated Value
$249,929

Purchase Details

Closed on
Jun 17, 2025
Sold by
Ac Investments Llc
Bought by
Jackson Mary Angela

Purchase Details

Closed on
Oct 4, 2024
Sold by
Ac Investments Llc
Bought by
Climer Brenton Dale and Climer Hollie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ac Investments Llc $264,827 None Listed On Document
Ac Investments Llc $264,827 None Listed On Document
Jackson Mary Angela -- None Listed On Document
Climer Brenton Dale -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Climer Brenton Dale $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold -- -- --
12/12/2022 12/12/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $1,500,000 -- $1,039 / 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 $1,223 $11,547 $9,164 $2,383
2023 $1,223 $9,749 $0 $0
2022 $1,715 $16,487 $14,898 $1,589
2021 $1,759 $16,923 $15,334 $1,589
2020 $1,776 $17,268 $0 $0
2019 $1,737 $16,888 $15,427 $1,461
2017 $1,676 $17,593 $16,169 $1,424
2016 $1,600 $14,497 $13,073 $1,424
2015 $1,474 $15,921 $14,497 $1,424
2014 $1,421 $13,659 $0 $0
2013 $1,243 $12,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Burch

    Seller's Agent in 2023

    Jason Burch

    Burch Realty Group

    (662) 274-4935

    8 in this area

    469 Total Sales

    Jason Burch
    Section Image
  • Jennie Holliday

    Seller Co-Listing Agent in 2023

    Jennie Holliday

    Coldwell Banker Collins-Maury Southaven

    (901) 334-6961

    8 in this area

    166 Total Sales

    Jennie Holliday
    Section Image

  • C

    Buyer's Agent in 2023

    Christy Webster

    Crye-Leike Of MS-SH

    (662) 349-5550

    32 in this area

    229 Total Sales

    Christy Webster
    Section Image

  • A

    Buyer Co-Listing Agent in 2023

    ANNICE KYLE

    Crye-Leike Of MS-OB

See All Agents

Map

Source: MLS United

MLS Number: 4033475

MLS United

APN: 3087360000000100

Mississippi DeSoto County Hernando 38632

5123 Highway 51 S, Hernando, MS

This home is located at 5123 Highway 51 S, Hernando, MS 38632 since 11 November 2022 and is currently estimated at $249,929, approximately $173 per square foot. 5123 Highway 51 S is a home located in DeSoto County with nearby schools including Oak Grove Central Elementary School, Hernando Elementary School, and Hernando Hills Elementary.

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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