NOT LISTED FOR SALE

6318 Magnolia Lakes Dr Olive Branch, MS 38654

Estimated Value: $225,000 - $232,000

3 Beds
2 Baths
1,265 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 21, 2021

Current estimated payment $1,441/month

Highlights

  • Combination Kitchen and Living
  • Breakfast Room
  • Eat-In Kitchen
  • Olive Branch High School Rated A-
  • Porch
  • Home Security System

About This Home

As of April 2021

Fresh Paint Outside & Cute As Can Be Inside! 3 Bedroom, 2 Bath Home! Kitchen has snack bar and overlooks Breakfast Dining Area. Nice Great Room with fireplace. Nice colors, new kitchen sink, new blinds, HVAC less than 2 years old, most of the flooring was updated in 2018. Double garage with pull down attic stairs. Large Fenced back yard with shed. Welcome Home!!

Last Agent to Sell the Property

Larry Webb

Dream Maker Realty License #B-17815 Listed on: 03/22/2021

Last Buyer's Agent

LEIGH ANN CARKEET

Century 21 Prestige

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 60x135
  • Wood Fence
  • Landscaped

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,265 Sq Ft Home
  • Ceiling Fan
  • Great Room with Fireplace
  • Combination Kitchen and Living
  • Breakfast Room
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Porch

Schools

  • Olive Branch Elementary And Middle School
  • Olive Branch High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Magnolia Lakes Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

Year Built

Built in 2000

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Lot Size: 60x135
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2000
  • Subdivision Name: Magnolia Lakes
  • Directions: Goodman Rd East, South on Hacks Cross, Right on Oak Leaf, Left on Oak circle So, Right on Magnolia Lakes Dr.
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • AtticFeaturesAttic: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Dead Bolt Lock(s)
  • Fireplace Features: Great Room
  • Flooring: Laminate, Simulated Wood, Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Yes
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Kitchen Features:KitchenFamily Room View: Yes
  • Kitchen Features:Breakfast RoomMorning Room: Yes
  • Fireplace Features:Great Room2: Yes
  • Appliances:Electric Range: Yes
  • Attic Features:Pull Down Stair Unit: Yes
  • Kitchen Features:Custom Cabinets: Yes
  • Appliances:Oven - Electric: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Other10: Yes
  • Bathroom Features:Ceramic Tile2: Yes

Exterior Features

  • Disclosures: None
  • Fencing: Wood
  • Foundation Details: Slab
  • Lot Features: Fenced, Landscaped, Level
  • Pool Features: None
  • Roof: Asphalt Shingle
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Construction Type: Brick
  • Patio And Porch Features:Patio - Covered: Yes
  • Driveway Features:Concrete Drive: Yes
  • Door Features:Dead Bolt Lock(s): Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Fenced: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete
  • Attached Garage: No
  • Parking Features:Garage2: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Other
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: 125.0
  • Tax and Financial Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Olive Branch
  • High School: Olive Branch
  • Middle Or Junior School: Olive Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 21, 2021
Sold by
Stevens Brandon Thomas and Stevens Candace Faith
Bought by
Penrose Timohty W and Penrose Brandie G
Seller's Agent
Larry Webb
Dream Maker Realty
Buyer's Agent
LEIGH ANN CARKEET
Century 21 Prestige
List Price
$149,900
Sold Price
$180,000
Premium/Discount to List
$30,100
20.08%
Total Days on Market
0
Current Estimated Value
$227,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,508
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Dec 4, 2012
Closed on
Mar 20, 2013
Sold by
Carver Harmon Laurie
Bought by
Stevens Brandon Thomas and Stevens Candace Faith
Seller's Agent
Debra Dye
Dream Maker Realty
Buyer's Agent
LAURIE WEBB
Better Lifestyles Realty, Llc
List Price
$109,900
Sold Price
$106,000
Premium/Discount to List
-$3,900
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$93,285
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Carver Harmon Laurie

Purchase Details

Closed on
Feb 2, 2011
Sold by
Us Bank Na
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

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Range of Values:

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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
Penrose Timohty W -- Guardian Title Llc
Stevens Brandon Thomas -- None Available
Carver Harmon Laurie -- None Available
Secretary Of Housing & Urban Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penrose Timothy W $1,035,284
Previous Owner Stevens Brandon Thomas $93,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold -- -- --
03/23/2021 03/23/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $149,900 +36.4% $118 / Sq Ft
03/20/2013 03/20/13 Sold -- -- --
01/16/2013 01/16/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $109,900 -- $87 / 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 $1,846 $13,529 $3,000 $10,529
2023 $1,846 $13,529 $0 $0
2022 $1,862 $13,641 $3,000 $10,641
2021 $941 $9,094 $2,000 $7,094
2020 $864 $8,526 $2,000 $6,526
2019 $864 $8,526 $2,000 $6,526
2017 $846 $14,710 $8,355 $6,355
2016 $846 $8,355 $2,000 $6,355
2015 $1,146 $14,710 $8,355 $6,355
2014 $895 $8,709 $0 $0
2013 $1,160 $13,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Webb

    Seller's Agent in 2021

    Larry Webb

    Dream Maker Realty

    (901) 409-5478

    45 in this area

    216 Total Sales

    Larry Webb
    Section Image

  • L

    Buyer's Agent in 2021

    LEIGH ANN CARKEET

    Century 21 Prestige

  • D

    Seller's Agent in 2013

    Debra Dye

    Dream Maker Realty

    (901) 239-6041

    20 in this area

    79 Total Sales

    Debra Dye
    Section Image

  • L

    Buyer's Agent in 2013

    LAURIE WEBB

    Better Lifestyles Realty, Llc

See All Agents

Map

Source: MLS United

MLS Number: 2334486

MLS United

APN: 1067353300014200

Mississippi DeSoto County Olive Branch 38654

6318 Magnolia Lakes Dr, Olive Branch, MS

This home is located at 6318 Magnolia Lakes Dr, Olive Branch, MS 38654 since 22 March 2021 and is currently estimated at $227,508, approximately $179 per square foot. This property was built in 2000. 6318 Magnolia Lakes Dr is a home located in DeSoto County with nearby schools including Olive Branch Elementary School, Chickasaw Elementary School, and Olive Branch Middle School.

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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