NOT LISTED FOR SALE

5123 Highway 51 S Hernando, MS 38632

Hernando Area

Estimated Value: $249,000

158 Acres
$1,576 Price per Acre
6,882,480 Sq Ft Lot

Sale Details

Date Sold: April 28, 2023

Current estimated payment $1,390 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

158 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Bought by
Current Estimated Value
$249,000

Purchase Details

Closed on
Jun 17, 2025
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2024
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hernando, MS

  • Brent Burns Real Estate Agent - RE/MAX Experts

    Brent Burns

    RE/MAX Experts

    (901) 350-4164

    30 Total Sales

    9 in Hernando

    $25K - $599K Price Range

    Brent Burns
     Section Image
  • Patrecia Goldstein Real Estate Agent - Crye-Leike, Inc., REALTORS

    Patrecia Goldstein

    Crye-Leike, Inc., REALTORS

    (901) 979-2143

    74 Total Sales

    1 in Hernando

    $369,500 Price

    Patrecia Goldstein
     Section Image
  • Samiha Alward Real Estate Agent - Keller Williams

    Samiha Alward

    Keller Williams

    (662) 506-6150

    126 Total Sales

    2 in Hernando

    $300K - $350K Price Range

    Samiha Alward
     Section Image
  • Austin Hall Real Estate Agent - Evernest LLC

    Austin Hall

    Evernest LLC

    (901) 519-2656

    59 Total Sales

    2 in Hernando

    $130K - $340K Price Range

    Austin Hall
     Section Image
  • Zachary Churchey Real Estate Agent - Bealarza Group

    Zachary Churchey

    Bealarza Group

    (901) 437-5979

    25 Total Sales

    1 in Hernando

    $288,000 Price

    Zachary Churchey
     Section Image
  • Kyle Couvion Real Estate Agent - Reid, REALTORS

    Kyle Couvion

    Reid, REALTORS

    (937) 582-9364

    55 Total Sales

    1 in Hernando

    $207,000 Price

    Kyle Couvion
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$264,827 None Listed On Document
-- None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $919,150
Closed $245,000
Previous Owner $1,513,577
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $258 $2,691 $2,691 $0
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 Real Estate Agent - Burch Realty Group

    Seller's Agent in 2023

    Jason Burch

    Burch Realty Group

    (662) 274-4935

    434 Total Sales

    Jason Burch
    Section Image
  • Jennie Holliday Real Estate Agent - Coldwell Banker Collins-Maury Southaven

    Seller Co-Listing Agent in 2023

    Jennie Holliday

    Coldwell Banker Collins-Maury Southaven

    (901) 334-6961

    154 Total Sales

    Jennie Holliday
    Section Image

  • C

    Buyer's Agent in 2023

    Christy Webster

    Crye-Leike Of MS-SH

    (662) 349-5550

    197 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

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 2026 MLS United, LLC.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.