NOT LISTED FOR SALE

787 Highway 487 E Carthage, MS 39051

Estimated Value: $248,000

204 Acres
$1,216 Price per Acre
8,886,240 Sq Ft Lot

Last Sold January 28, 2025

Current estimated payment $1,507/month

92 Days on Market

Highlights

  • 204 Acre Lot
  • No HOA
  • Fenced

About This Lot

As of January 2025

OWNER FINANCING IS ALSO AVAILABLE ON THIS ONE! If you have been looking for a large amount of land at a great price look no further because this property will not disappoint! Just ten miles from Carthage and nine miles from Sebastopol, this fenced Leake County land connected to MS-487 can be used for a number of things. You can build on it, hunt it, farm it, divide it, horses, cattle, or anything you can imagine. Do not miss your opportunity to own this one!

Last Listed By

Brad Forsythe

Phillips Appraisal & Realty License #B24333 Listed on: 09/17/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,562

Lot Details

  • 204 Acre Lot
  • Fenced

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081310017

Property Details

Property Type

Land

Est. Annual Taxes

$1,562

Lot Details

0

Listing Details

  • Property Sub Type: Acreage (more than 10 acres)
  • Prop. Type: Land
  • Lot Size Acres: 204.0
  • Subdivision Name: Metes And Bounds
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Cattle, Development, Farm, Horses, Hunting, Investment

Exterior Features

  • Lot Features: Fenced
  • WaterfrontFeaturesWaterfront: Yes
  • Lot Features:Fenced: Yes

Utilities

  • Sewer: None
  • Utilities: Other
  • Water Source: Community

Association/Amenities

  • HorseAmenitiesHorseAmenities: No
  • Tax and Financial Information:Association: No

Lot Info

  • Current Use: Agricultural, Farm, Hunting, Investment, Livestock
  • Parcel #: 081310017
  • Lot Size Sq Ft: 8886240.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1562.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Jan 24, 2025
Sold by
Timber Creek Holdings Llc
Bought by
Fulton Michael T
Seller's Agent
Brad Forsythe
Phillips Appraisal & Realty
Buyer's Agent
Brad Forsythe
Phillips Appraisal & Realty
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Total Days on Market
92
Views
25
Current Estimated Value
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,000
Original Mortgage
$382,500
Outstanding Balance
$379,628
Interest Rate
0.69%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2022
Sold by
Grace Land & Cattle Llc
Bought by
Grace Land & Cattle Lc

Range of Values:

Collateral Analytics

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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
Fulton Michael T $478,125 Branning Land Title Llc
Grace Land & Cattle Lc -- Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Michael T $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold -- -- --
12/18/2024 12/18/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $499,000 +21.1% --
06/21/2018 06/21/18 Sold -- -- --
06/20/2018 06/20/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $412,000 -- --
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 $1,582 $12,661 $4,973 $7,688
2023 $1,562 $12,661 $4,973 $7,688
2022 $1,560 $12,802 $5,114 $7,688
2021 $1,510 $12,841 $5,273 $7,568
2020 $1,529 $13,003 $5,435 $7,568
2019 $1,487 $13,186 $5,618 $7,568
2018 $1,448 $13,300 $5,732 $7,568
2017 $1,368 $12,590 $5,144 $7,446
2016 $0 $12,310 $4,864 $7,446
2015 $1,223 $12,032 $4,586 $7,446
2014 $1,223 $11,789 $4,343 $7,446
Source: Public Records

Agents Affiliated with this Home

  • Brad Forsythe

    Seller's Agent in 2025

    Brad Forsythe

    Phillips Appraisal & Realty

    (601) 741-2158

    91 Total Sales

    Brad Forsythe
    Section Image
  • Britt Barnes

    Seller's Agent in 2018

    Britt Barnes

    Britt Barnes Realty Group

    (601) 267-7800

    149 Total Sales

    Britt Barnes
    Section Image

  • B

    Buyer's Agent in 2018

    Billy Turner

    Britt Barnes Realty Group

    (601) 267-2571

    72 Total Sales

    Billy Turner
    Section Image
See All Agents

Map

Source: MLS United

MLS Number: 4091628

MLS United

APN: 081310017

Mississippi Leake County Carthage 39051

787 Highway 487 E, Carthage, MS

Homes for Sale in Carthage, MS

This home is located at 787 Highway 487 E, Carthage, MS 39051 since 17 September 2024 and is currently priced at $248,000. 787 Highway 487 E is a home located in Leake County with nearby schools including Leake County Elementary School and Leake County High 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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