NOT LISTED FOR SALE

525 Silverstone Dr Madison, MS 39110

Estimated Value: $587,000 - $619,000

5 Beds
3.5 Baths
3,820 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 09, 2020

Current estimated payment $3,588/month

54 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Acadian Style Architecture
  • Madison Avenue Upper Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of July 2020

Gorgeous home conveniently located in the gated Wright's Mill of Madison. This Beautiful 5 bedroom and 3 full and 1 half baths is move in ready! As you enter through the welcoming double front doors, there is an immediate sense of quality, with no detail left unturned. The foyer opens to the formal dining room, with its tall ceilings, gorgeous heart of pine flooring flooring throughout the main level, custom millwork, neutral paint colors, lots of windows and natural light, and high end light fixtures. The kitchen is a cook's dream with double ovens, gas stovetop, granite countertops, and a huge island your company can gather around. A spacious keeping room is right of the kitchen. The formal dining room is spacious enough to fit your whole family around the holiday dinner table and it opens to the formal living room which features a cozy wood burning fireplace. A triple split plan offers privacy in each of the bedroom suites. Down a private hallway you'll find the generous master bedroom that hosts a serene en suite bath featuring his and hers vanities, deep jetted tub, separate shower, and a very large walk in closet. Three well appointed guest rooms and an additional 2 guest baths are tucked away off of another private hallway. Large bonus or fifth bedroom is upstairs above the garage. The laundry room is spacious and has a sink. The fully fenced back yard is large and private perfect for grilling and entertainment and it has a covered back patio. Residents of Wrights Mill enjoy the neighborhood's resort like zero entry saltwater pool and neighboring playground, plus easy access to the Natchez Trace Parkway, I-55, and the reservoir. Zoned for some of the states top ranked public schools, this is a must see!

Last Agent to Sell the Property

Victoria Prowant

Southern Homes Real Estate License #B21679 Listed on: 03/29/2020

Last Buyer's Agent

Meaghan Murphy

Home Again Realty License #B23297

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 2006

Lot Details

  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Acadian Style Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 3,820 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Storage
  • Prewired Security

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Slab Porch or Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 072E-22C-138/00.00

Community Details

Overview

  • Wright's Mill Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,131

Year Built

Built in 2006

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Architectural Style: French Acadian
  • Unit Levels: One and One Half, Multi/Split
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2006
  • Subdivision Name: Wright's Mill
  • Directions: Rice Road to Wrights Mill (paddle wheel entrance) Stay straight on Silverstone.Home is on the left after roundabout
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Microwave: Yes
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Self Cleaning Oven, Water Heater
  • BasementFeaturesBasement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings, Pantry, Storage, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Exhaust Fan3: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Attic Features:Ridge Vent: Yes
  • Interior Features:Entrance Foyer: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Storage2: Yes
  • Community Features:Clubhouse: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard, Privacy, Wood
  • Foundation Details: Slab
  • Roof: Architectural Shingles
  • Patio And Porch Features: Patio, Slab
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Stucco
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Patio - Covered: Yes
  • Patio And Porch Features:Slab2: Yes
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:None7: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Security: Gated Community, Prewired
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Pool
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: 900.0
  • Tax and Financial Information:Association Fee Frequency: Annually
  • Association Fee Includes:Other19: Yes
  • Tax and Financial Information:Association Transfer Fee: No

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Parcel #: 072E-22C-138/00.00

Tax Info

  • Tax Annual Amount: 4131.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jul 9, 2020
Sold by
Mays Shannon L
Bought by
Hocutt Darryl K and Hocutt Julie
Seller's Agent
Victoria Prowant
Southern Homes Real Estate
Buyer's Agent
Meaghan Murphy
Home Again Realty
List Price
$450,000
Current Estimated Value
$602,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$415,000
Outstanding Balance
$367,994
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$234,287

Purchase Details

Closed on
Oct 30, 2007
Sold by
Robinson Charles Glenn
Bought by
Mays Martin H and Mays Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2005
Sold by
River Heritage Homes Inc
Bought by
Robinson Charles Glenn
Source: Public Records

Range of Values:

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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
Hocutt Darryl K -- None Available
Mays Martin H -- None Available
Robinson Charles Glenn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hocutt Darryl K $415,000
Previous Owner Mays Martin H $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold -- -- --
05/23/2020 05/23/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $450,000 -- $118 / 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 $4,316 $39,610 $0 $0
2023 $4,316 $39,610 $0 $0
2022 $4,316 $39,610 $0 $0
2021 $4,132 $38,032 $0 $0
2020 $4,357 $38,032 $0 $0
2019 $4,132 $38,032 $0 $0
2018 $4,132 $38,032 $0 $0
2017 $4,058 $37,401 $0 $0
2016 $4,058 $37,401 $0 $0
2015 $4,000 $36,901 $0 $0
2014 -- $36,901 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 1329336

MLS United

APN: 072E-22C-138-00-00