NOT LISTED FOR SALE

7400 Alexander Rd Olive Branch, MS 38654

Estimated Value: $324,000 - $353,977

3.55 Acres
$95,421 Price per Acre
154,638 Sq Ft Lot

Last Sold October 30, 2020

Current estimated payment $1,971/month

65 Days on Market

Highlights

  • 3.55 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope
  • Olive Branch High School Rated A-
  • Partially Fenced Property

About This Lot

As of October 2020

City of Olive Branch Planning & Zoning Dept. has approval C-4 PUD (3 proposed buildings) site for commercial, for restaurant, retail, banking and insurance etc.

Last Agent to Sell the Property

Ron Hartsell

Burch Realty Group License #B-16252 Listed on: 08/23/2019

Last Buyer's Agent

RON HARTSELL

Non-mls

Property Details

Property Type

  • Land

Lot Details

  • 3.55 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Zoning described as Agriculture

Schools

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

Community Details

  • Metes And Bounds Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Lot Size: 550 X 589 IRR
  • Property Sub Type: Acreage (10 acres or less)
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Lot Size Acres: 3.55
  • Subdivision Name: Metes And Bounds
  • Directions: East on 302 bypass, turn right on Alexander Road, SE corner at Goodman Road and Alexander.
  • Remarks Miscellaneous:Agent Remarks: Call CSS to show 901-754-7575. There is a 3 bedroom, 2.5 bath home with two 2 car garages on the property that could be income producing of $18,000 a year until buyer decides to develop the commercial property.
  • Special Features: None

Exterior Features

  • Disclosures: As Is, Investment
  • Fencing: Partial
  • Lot Features: Corner Lot, Irregular Lot, Rolling Slope
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected

Schools

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

Lot Info

  • Current Use: Commercial, Other
  • Lot Size Sq Ft: 154638.0
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 30, 2020
Sold by
Davis Wanda Sue
Bought by
Sookraj Conell A and Sookraj Girlie
Seller's Agent
Ron Hartsell
Burch Realty Group
Buyer's Agent
RON HARTSELL
Non-mls
List Price
$525,000
Current Estimated Value
$338,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.95%
Original Mortgage
$320,705
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sookraj Conell A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sookraj Conell A $320,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold -- -- --
10/28/2019 10/28/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $525,000 -- $175 / 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 $2,262 $16,571 $1,500 $15,071
2023 $2,262 $16,571 $0 $0
2022 $2,262 $16,571 $1,500 $15,071
2021 $2,491 $18,251 $3,180 $15,071
2020 $2,326 $17,046 $3,180 $13,866
2019 $2,326 $17,046 $3,180 $13,866
2017 $2,295 $30,270 $16,725 $13,545
2016 $2,295 $16,725 $3,180 $13,545
2015 $2,295 $30,270 $16,725 $13,545
2014 $2,396 $17,463 $0 $0
2013 $2,326 $17,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ron Hartsell

    Burch Realty Group

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Map

Source: MLS United

MLS Number: 2324732

MLS United

APN: 1067260000002901

Mississippi DeSoto County Olive Branch 38654

7400 Alexander Rd, Olive Branch, MS

Not Listed for Sale

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