$412,000
SOLD JUN 21, 2018
Last list price

787 Highway 487 E Carthage, MS 39051

206 Acres
$2,000 Price per Acre
8,973,360 Sq Ft Lot

Recently Sold

33 Days on Market

Highlights

  • Barn
  • 206 Acre Lot
  • Shed
  • Home fronts a creek
  • Wooded Lot
  • Security Fence

About This Lot

As of January 2025

This 206 acres of prime land is located in Eastern Leake County. It consists of approximately 140 acres of pasture land, 30 acres of 15 year old Pine plantation, with the balance consisting of a roads, natural growth pine and hardwood timber, various structures and ponds. This spectacular property has recently undergone vast amounts of improvements. It now offers a great road system, high quality barbed wire fencing, great drainage ditches, and much more. Also included with the property are several other improvements which include a 42' x 400' storage building, 40' x 60' pole barn, as well as a large barn. This property is currently being used for hay production but is very suitable for any type of livestock operation, or even row cropping. Just an added benefit is the ample amount of wildlife present on the property. This rare opportunity to purchase a large tract of open land does not come along very often. Call today for more information.

Last Agent to Sell the Property

Britt Barnes

Britt Barnes Realty Group License #B18804

Last Buyer's Agent

Billy Turner

Britt Barnes Realty Group License #B21711

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,409

Lot Details

  • 206 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Security Fence
  • Gated Home
  • Property is Fully Fenced
  • Barbed Wire
  • Sloped Lot
  • Wooded Lot

Utilities

  • Well
  • Sewer Not Available

Additional Features

  • Shed
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 138060006.02 081310017

Property Details

Property Type

Land

Est. Annual Taxes

$1,409

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Road Frontage Type: State Road
  • Lot Size Acres: 206.0
  • Directions: From the intersection of Hwy 16 & 35 go south on Hwy 35 for 3.7 miles. Turn left onto Hwy 487. Travel 5.6 miles and the property will be on your left.
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Barbed Wire, Full, Gate, Security
  • Lot Features: Level, Sloped, Wooded
  • Other Structures: Barn(s), Shed(s), Storage
  • Waterfront Features: Creek, Pond
  • WaterfrontFeaturesWaterfront: Yes
  • Waterfront: Yes
  • Waterfront Features:Pond: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:Creek: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Electricity Connected
  • Water Source: Well

Lot Info

  • Current Use: Cattle, Hay, Livestock, Pasture, Soybeans, Timber, Other
  • Parcel #: 138060006.02 081310017
  • Lot Size Sq Ft: 8973360.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1409.0
  • Tax Year: 2016

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
33
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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $478,125 Branning Land Title Llc
Quit Claim Deed -- Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 Construction
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

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

Source: MLS United

MLS Number: 1308766

MLS United

APN: 081310017