NOT LISTED FOR SALE

718 Inheritance Place Flowood, MS 39232

Estimated Value: $838,000 - $1,084,232

5 Beds
5.5 Baths
5,702 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 03, 2022

Current estimated payment $6,216/month

23 Days on Market

Highlights

  • Pool House
  • Fishing
  • Built-In Refrigerator
  • Northwest Rankin Elementary School Rated A
  • Gated Community
  • 1 Acre Lot

About This Home

As of June 2022

BEAUTIFUL HOME IN LINEAGE LAKE! You will fall in love with all the custom features and details. Custom built 5 bedroom, 5 1/2 bath has the best of everything. Large foyer entry, huge living area with built-ins and gas fireplace. banquet-size dining room with French doors that lead out to the front porch. Custom Cook's Kitchen with stainless top of the line appliances, gas cooktop, pot filler, double oven with warming drawer, butler's pantry, extra pantry room/storage, wine cooler, granite counters, huge Island, walk in pantry. Oversized laundry room with built-ins. Huge keeping room with gas log fireplace. Sunroom with French doors that looks out into the private back yard with heated pool, hot tub, covered grilling area, fire pit and guest/poolhouse house with an extra 400 sq ft that includes a mini kitchen, full bath/shower and great room with an attached outdoor wood burning fireplace, and covered patio. The Master suite and three bedrooms on the first floor and the fifth bedroom is upstairs. With a large cedar closet, The upstairs also features a children's den, or second living area, exercise room/office space. The master bedroom is large, master bath has a jetted tub, oversized shower, separate vanities. The closet is huge with built ins. Secondary bedrooms are large with walk-in closet space, all bathrooms offer heated floors except for the pool/guest house. The home boast 12 and 14 foot ceilings with very spacious room sizes. There is also a large fenced yard (in addition to the backyard of the home.) The storage and built ins are amazing. Covered Front side porch, and large front porch.

Last Listed By

Teresa Renkenberger

Merck Team Realty, Inc. License #S42508 Listed on: 02/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,876

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Acadian Style Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 5,702 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • French Doors
  • Entrance Foyer
  • Combination Kitchen and Living
  • Storage
  • Attic Floors
  • Prewired Security

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Built-In Gas Oven
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Farmhouse Sink
  • Pot Filler
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stamped
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Double Vanity
  • Walk-in Shower

Laundry

  • Laundry Room
  • Sink Near Laundry

Pool

  • Pool House
  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Fire Pit
  • Front Porch

Schools

  • Flowood Elementary School
  • Northwest Rankin Middle School
  • Northwest Rankin High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number H11b00000200950

Community Details

Overview

  • Association fees include ground maintenance, management, pool service
  • Lineage Lake Subdivision

Recreation

  • Community Playground
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,876

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Architectural Style: French Acadian
  • Unit Levels: Two
  • Parking Features Parking Total: 3.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 2006
  • Lot Size Acres: 1.0
  • Subdivision Name: Lineage Lake
  • Directions: Lakeland drive to Luckney road, left on cooper road, subdivision will be on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Gas Oven, Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Double Oven, Gas Cooktop, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Warming Drawer, Water Heater, Wine Cooler, Wine Refrigerator
  • AtticFeaturesAttic: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Fire Pit, Gas Log
  • Flooring: Carpet, Ceramic Tile, Stamped, Wood
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Crown Molding, Double Vanity, Dry Bar, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Storage, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Interior Features:Granite Counters: Yes
  • Kitchen Features:Granite Counters2: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Community Features:Fishing: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Kitchen Features:Kitchen Island2: Yes
  • Kitchen Features:KitchenFamily Room Combo: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Bathroom Features:Double Vanity2: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Bathroom Features:Walk-In Shower: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Gas2: Yes
  • Kitchen Features:Custom Cabinets: Yes
  • Kitchen Features:Pot Filler: Yes
  • Security Features:Gated Community: Yes
  • Attic Features:Attic Floored: Yes
  • Community Features:Playground: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Clubhouse: Yes
  • Kitchen Features:Farm Sink: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Built-In Range: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior Features:Cedar Closet(s): Yes
  • Appliances:Built-In Refrigerator: Yes
  • Appliances:Wine Cooler: Yes
  • Attic Features:Eave Vents: Yes
  • Community Features:Gated2: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Appliances:Warming Drawer: Yes
  • Interior Features:Dry Bar: Yes
  • Appliances:Instant Hot Water: Yes
  • Appliances:Built-In Gas Oven: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Disclosures: Agent Owned
  • Exterior Features: Fire Pit, Private Yard
  • Fencing: Back Yard
  • Foundation Details: Post-Tension
  • Lot Features: Fenced
  • Pool Features: Equipment, Heated, In Ground
  • Roof: Architectural Shingles
  • Other Structures: Pool House
  • Patio And Porch Features: Front Porch, Patio, Slab
  • Pool Private: Yes
  • Construction Type: Brick
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Patio - Covered: Yes
  • Patio And Porch Features:Slab2: Yes
  • Driveway Features:Concrete Drive: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Patio: Yes
  • Door Features:French Doors: Yes
  • Exterior Features:Fire Pit2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener, Concrete
  • Attached Garage: Yes
  • Total Parking Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Gas
  • Heating: Central, Exhaust Fan, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Sink
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Water Source: Public
  • Security: Fire Alarm, Gated Community, Prewired
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes
  • Heating:Fireplace(s): Yes
  • Heating:Forced Air: Yes
  • Heating:Exhaust Fan: Yes

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Fishing, Gated, Playground
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Management: Yes
  • Tax and Financial Information:Association Fee: 1000.0
  • Tax and Financial Information:Association Fee Frequency: Annually
  • Association Fee Includes:Pool Service: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management, Pool Service

Schools

  • Elementary School: Flowood
  • High School: Northwest Rankin
  • Middle Or Junior School: Northwest Rankin Middle

Lot Info

  • Parcel #: H11b00000200950
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9876.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 10, 2022
Sold by
Richards Wells P and Renkenberger Teresa
Bought by
Falgout Shelia and Falgout Shelia A
Seller's Agent
Teresa Renkenberger
Merck Team Realty, Inc.
Buyer's Agent
Sara Mora
1st Choice Realty of MS LLC.
List Price
$110,000
Sold Price
$965,000
Premium/Discount to List
$855,000
777.27%
Total Days on Market
23
Current Estimated Value
$975,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,558
Avg. Annual Appreciation
4.13%
Original Mortgage
$768,000
Outstanding Balance
$658,658
Interest Rate
3.91%
Estimated Equity
$427,326

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 22, 2022
Sold by
Richards Wells P and Richards Teresa
Bought by
Falgout Shelia A
Seller's Agent
Teresa Renkenberger
Merck Team Realty, Inc.
Buyer's Agent
Sara Mora
1st Choice Realty of MS LLC.
List Price
$110,000
Sold Price
$965,000
Premium/Discount to List
$855,000
777.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Outstanding Balance
$658,658
Interest Rate
3.91%
Estimated Equity
$427,326

Purchase Details

Closed on
Oct 26, 2021
Sold by
Lora E And Brook C Hunter Revocable Trus
Bought by
Richards Wells P and Renkenberger Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,083
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2021
Sold by
Lora E & B C Hunter Ret
Bought by
Richards Wells P and Renkenberger Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,083
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2021
Sold by
Byrd Chris H and Renkenberger Teresa
Bought by
Byrd Chris H and Renkenberger Teresa

Purchase Details

Closed on
Dec 17, 2020
Sold by
Wells Richards Living Trust
Bought by
Richard Brigitta

Purchase Details

Closed on
Jan 3, 2020
Sold by
Sonshine Properties 2 Llc
Bought by
Sonshine Properties Llc

Purchase Details

Closed on
Jan 5, 2018
Sold by
Jonathan Patch
Bought by
Richards Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.95%

Purchase Details

Listed on
Apr 1, 2017
Closed on
Oct 4, 2017
Sold by
Patch Jonathan and Patch Leah K
Bought by
Richards Wells P and Renkenberger Teresa
Seller's Agent
Victoria Prowant
Southern Homes Real Estate
Buyer's Agent
Teresa Renkenberger
Merck Team Realty, Inc.
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Range of Values:

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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
Falgout Shelia -- --
Falgout Shelia A -- None Listed On Document
Richards Wells P -- None Listed On Document
Byrd Chris H -- None Available
Richard Brigitta -- None Listed On Document
Sonshine Properties Llc -- None Listed On Document
Richards Teresa -- --
Richards Wells P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Teresa $768,000
Closed Falgout Shelia A $768,000
Previous Owner Richards Teresa $968,083
Previous Owner Richards Wells P $968,084
Previous Owner Richards Teresa $500,000
Previous Owner Richards Teresa --
Previous Owner Richards Wells $500,000
Previous Owner Patch Johnathan $98,426
Previous Owner Patch Jonathan $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold -- -- --
03/05/2022 03/05/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $110,000 -87.8% $19 / Sq Ft
10/04/2017 10/04/17 Sold -- -- --
10/02/2017 10/02/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $899,900 -- $158 / 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 $8,695 $76,539 $0 $0
2023 $8,010 $75,662 $0 $0
2022 $8,478 $75,662 $0 $0
2021 $8,478 $75,662 $0 $0
2020 $8,478 $75,662 $0 $0
2019 $7,970 $67,097 $0 $0
2018 $7,536 $67,097 $0 $0
2017 $11,754 $67,097 $0 $0
2016 $7,005 $65,343 $0 $0
2015 $7,005 $65,343 $0 $0
2014 $6,866 $65,343 $0 $0
2013 -- $65,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4008730

MLS United

APN: H11B-000002-00950