NOT LISTED FOR SALE

521 N Old Canton Rd Madison, MS 39110

Estimated Value: $482,000 - $638,000

5 Beds
3.5 Baths
3,523 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 12, 2012

Current estimated payment $3,086/month

65 Days on Market

Highlights

  • Lake Front
  • Barn
  • No HOA
  • Madison Avenue Upper Elementary School Rated A
  • Traditional Architecture
  • Wood Frame Window

About This Home

As of April 2012

Older family home in need of a facelift. Sitting on 6.72 acres with a fishing lake. Home has 3523 SF with 5 bedrooms/3.5 baths. Master and guest bedroom down with 2.5 baths and then there are 3 big bedrooms up with one large bath. Several living areas in this home as well as formal dining and breakfast room. Kitchen needs makeover but all appliances are working at this time. There is also a 3 car carport with big storage room. New carpet throughout the home. Beautiful property in South Madison County school district. Easy access to major highways. Sits back off the road on North Old Canton with fishing lake behind the house. Old barn on the property but does need work too. This price based on very recent appraisal by John Newell. Sellers are motivated. The 5.3 acre parcel right next door is also being offered for sale for $107,000 (see MLS# 237867), and there is one additional acre that is available for $20,000 more. That's almost 12 acres of prime Madison County property plus a home with lake for less $407,000 if you wanted all of the available property. Mineral rights do not transfer with this property. Contact your agent to take a look!

Last Agent to Sell the Property

Dixie Phelps

Turn Key Properties, LLC License #S23988 Listed on: 01/03/2012

Last Buyer's Agent

Dixie Phelps

Turn Key Properties, LLC License #S23988 Listed on: 01/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1975

Lot Details

  • 6.72 Acre Lot
  • Lake Front
  • Split Rail Fence
  • Partially Fenced Property
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 3,523 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Storage
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Access To Lake
  • Slab Porch or Patio

Schools

  • Madison Avenue Elementary School
  • Madison Middle School
  • Madison Central High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072B-03A-004/00.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1975
  • Lot Size Acres: 6.72
  • Subdivision Name: Metes And Bounds
  • Directions: Traveling east on Hoy Road, pass Northbay entrance, when you come to stop sign, take left onto North Old Canton. Property is on the left. Or from Hwy 51 turn onto Green Oak Road, go thru stop sign at Clarkdell and take next right onto North Old Canton, property is on the right.
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: Home needs some work but sits on beautiful 6.72 acres, has fishing lake, great location & school district. 5.3 acre parcel (MLS#237867) right next door is also for sale for $107,000 w/one additional acre for $20,000. That's $407,000 for a home & almost 13 acres in Madison County. Price is based on recent appraisal by John Newell in it's "as-is" condition. Please bring offers. Entire acreage would be perfect for a development! Mineral rights do not transfer with property.. Lockbox Details http://vt.realbiz360.com/MLS-928981.html
  • General Property Information:List PriceSqFt: 79.25
  • General Property Information:New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Exhaust Fan, Oven, Water Heater
  • BasementFeaturesBasement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Double Vanity, Entrance Foyer, Storage, Walk-In Closet(s), Wet Bar
  • Window Features: Wood Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Community Features:None13: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Exhaust Fan3: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Oven - Electric: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Oven: Yes
  • Interior Features:Wet Bar: Yes
  • Attic Features:Whirlybird Vent: Yes
  • Appliances:Range3: Yes

Exterior Features

  • Fencing: Partial, Split Rail, Wood
  • Foundation Details: Slab
  • Lot Features: Level
  • Roof: Asphalt Shingle
  • Other Structures: Barn(s)
  • Patio And Porch Features: Slab
  • Waterfront Features: Lake, Waterfront
  • WaterfrontFeaturesWaterfront: Yes
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Brick
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Slab2: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:Waterfront2: Yes
  • Waterfront Features:Lake2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Carport
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Carport: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s), Natural Gas
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Security: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: None

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Madison Avenue
  • High School: Madison Central
  • Middle Or Junior School: Madison

Lot Info

  • Parcel #: 072B-03A-004/00.00
  • Lot Size Sq Ft: 292723.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3927.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 30, 2012
Sold by
Gray Diane B
Bought by
Saxon Joe B and Saxon Gay M
Seller's Agent
Dixie Phelps
Turn Key Properties, LLC
Buyer's Agent
Dixie Phelps
Turn Key Properties, LLC
List Price
$280,000
Current Estimated Value
$548,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$209,736
Outstanding Balance
$24,348
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$525,245
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Saxon Joe B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxon Joe B $209,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold -- -- --
03/09/2012 03/09/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $280,000 -- $79 / 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
2025 $2,416 $23,306 $0 $0
2024 $2,417 $23,314 $0 $0
2023 $2,417 $23,314 $0 $0
2022 $2,417 $23,314 $0 $0
2021 $2,305 $22,355 $0 $0
2020 $2,305 $22,355 $0 $0
2019 $2,305 $22,355 $0 $0
2018 $2,305 $22,355 $0 $0
2017 $1,824 $18,226 $0 $0
2016 $1,822 $18,207 $0 $0
2015 $1,819 $18,187 $0 $0
2014 $2,455 $23,641 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 1237834

MLS United

APN: 072B-03A-004-00-00