Seller's Agent in 2016
Lisa Utterback
Crye-leike Hernando
(901) 493-5196
56 in this area
198 Total Sales
Last list price
5837 Merchants Cove Hernando, MS 38632
3
Beds
3.5
Baths
5,363
Sq Ft
4.67
Acres
Highlights
- Lake Front
- Gated Community
- Community Lake
- Oak Grove Central Elementary School Rated A-
- 4.67 Acre Lot
- Fireplace in Primary Bedroom
About This Home
As of October 2016This one of a kind, single level, lakefront, Tuscan style home is a now available in exclusive Gray's Creek subdivision! This home offers you the finest indoor and outdoor living that makes you feel like you are miles away at your own exclusive retreat but really you are just minutes away from amazing shopping, entertainment, and I55. Every inch of the 5363 square foot home was custom built with style, elegance, openness, privacy, and comfort in mind. The breath taking 4.67 acres offers a lake lot with a view to die for and includes your own personal peninsula, mature trees, beautiful landscaping, and is located in a cul-de-sac within a gated community for even more privacy. There is an enormous covered outdoor living space with a wood burning fireplace and an outdoor kitchen area that all ows you to enjoy the beauty and aroma of the outdoors year round. This home is laid out perfectly for everyday family living with all the modern luxuries. The large exquisite entry, soaring ceilings, abundance of windows, and massive opulent double iron doors (3 sets) makes entertaining easy and delightful. The chefs kitchen with built in refrigerator/freezer, double ovens, gas cooktop, serving island, custom cabinets, designer backsplash and granite counter tops will make any meal time prep or Sunday family brunch memorable and convenient. The master wing has a spacious sitting area with a fireplace, spa like bath, his and hers closets, and a workout room. Make sure to take note of the ceilings (especially in the formal dining room and kitchen), light fixtures, travertine floors, and the beautiful heavy trim that makes this home one of a kind. The details throughout, over 3000 square feet of walk up storage, fully insulated 3 car garage, and everything else about this home will have you in awe. There is much more that could be said about this marvelous home but how do you perfectly describe beautiful sunsets, or what words can you truly use to express the beauty of a one of a kind work of art? Some things just have to been seen in person to believe. If you are looking for home and a location that offer the advantages like this one has, call us today and set up your private showing!
Last Agent to Sell the Property
Crye-leike Hernando License #B-21478 Listed on: 05/27/2016
Last Buyer's Agent
KURT OLIVENT
Crye-Leike Of MS-SH
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,395
Year Built
- Built in 2009
Lot Details
- 4.67 Acre Lot
- Lake Front
- Cul-De-Sac
- Landscaped
HOA Fees
- $83 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- 5,363 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Vinyl Clad Windows
- Insulated Windows
- Double Door Entry
- French Doors
- Insulated Doors
- Combination Kitchen and Living
- Breakfast Room
- Attic Floors
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Double Vanity
- Hydromassage or Jetted Bathtub
- Bathtub Includes Tile Surround
- Separate Shower
Outdoor Features
- Access To Lake
- Patio
- Outdoor Fireplace
Schools
- Hernando Elementary And Middle School
- Hernando High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Propane
- Well
- Cable TV Available
Community Details
Overview
- Gray's Creek Subdivision
- Community Lake
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2016
Closed on
Oct 14, 2016
Sold by
Pareek Satish and Sunita Sunita
Bought by
Schultz Tracci L
Seller's Agent
Lisa Utterback
Crye-leike Hernando
Buyer's Agent
KURT OLIVENT
Crye-Leike Of MS-SH
List Price
$724,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$560,000
Interest Rate
3.47%
Purchase Details
Listed on
Feb 22, 2015
Closed on
May 6, 2015
Sold by
Espitia Edward T and Espitia Bobbie
Bought by
Pareek Satish and Pareek Sunita
Seller's Agent
Becky Austin
Austin Realty Group, Inc-Her
Buyer's Agent
Ritu Pareek
Rt Realty Llc
List Price
$724,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$600,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $505,000 | New Conventional | |
| Closed | $560,000 | No Value Available | |
| Previous Owner | $600,000 | Purchase Money Mortgage | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $233,000 | Credit Line Revolving | |
| Previous Owner | $630,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2016 10/14/16 | Sold | -- | -- | -- |
| 09/09/2016 09/09/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $724,900 | 0.0% | $135 / Sq Ft |
| 05/06/2015 05/06/15 | Sold | -- | -- | -- |
| 05/05/2015 05/05/15 | Pending | -- | -- | -- |
| 02/23/2015 02/23/15 | For Sale | $724,900 | -- | $135 / Sq Ft |
Source: MLS United
Tax History Compared to Growth
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 | $6,395 | $63,333 | $6,500 | $56,833 |
| 2023 | $6,395 | $63,333 | $0 | $0 |
| 2022 | $6,395 | $63,333 | $6,500 | $56,833 |
| 2021 | $6,395 | $63,333 | $6,500 | $56,833 |
| 2020 | $6,022 | $59,638 | $0 | $0 |
| 2019 | $6,022 | $59,638 | $6,500 | $53,138 |
| 2017 | $6,080 | $113,060 | $59,780 | $53,280 |
| 2016 | $6,080 | $59,780 | $6,500 | $53,280 |
| 2015 | $6,080 | $113,060 | $59,780 | $53,280 |
| 2014 | $5,780 | $59,780 | $0 | $0 |
| 2013 | $5,881 | $60,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2016
KURT OLIVENT
Crye-Leike Of MS-SH
-
m
Buyer's Agent in 2016
mu.rets.oliventk
mgc.rets.RETS_OFFICE
-
Seller's Agent in 2015
Becky Austin
Austin Realty Group, Inc-Her
(901) 283-6084
14 in this area
188 Total Sales
-
R
Buyer's Agent in 2015
Ritu Pareek
Rt Realty Llc
Map
Source: MLS United
MLS Number: 2303777
APN: 3078330100002000
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.
Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
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