NOT LISTED FOR SALE

860 E Commerce St Hernando, MS 38632

Estimated Value: $202,000 - $414,000

2.87 Acres
$119,240 Price per Acre
125,017 Sq Ft Lot

Last Sold November 26, 2024

Current estimated payment $1,861/month

853 Days on Market

About This Lot

As of November 2024

2.23 ACRES OF COMMERCIAL PROPERTY IN HERNANDO. THIS HARD TO FIND PIECE OF PROPERTY IS NOW AVAILABLE!! RIGHT NEXT TO I-55 AND COMMERCE. GREAT LOCATION FOR MANY COMMERCIAL USES!!

Last Agent to Sell the Property

Terry Sanders

Turn Key Realty Group LLC License #23114 Listed on: 02/29/2024

Last Buyer's Agent

Non MLS Member

Nonmls Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 2.87 Acre Lot
  • Zoning described as C2

Location

  • City Lot

Schools

  • Hernando Elementary And Middle School
  • Hernando High School

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3074180010001200

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

Listing Details

  • Property Sub Type: Acreage (10 acres or less)
  • Prop. Type: Land
  • Lot Size Acres: 2.87
  • Subdivision Name: Metes And Bounds
  • Directions: Going south on I-55, take Hernando exit. Go left on Commerce. Go back under interstate and property will be on the left.
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Disclosures: None
  • Lot Features: City Lot
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Waterfront: No
  • Lot Features:City Lot: Yes
  • Waterfront Features:None7: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Association/Amenities

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

Schools

  • Elementary School: Hernando
  • High School: Hernando
  • Middle Or Junior School: Hernando

Lot Info

  • Current Use: Commercial
  • Parcel #: 3074180010001200
  • Lot Size Sq Ft: 125017.2
  • Zoning Description: C2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Nov 26, 2024
Sold by
Blount Lorrie
Bought by
Verma Satish and Verma Dipika
Seller's Agent
Terry Sanders
Turn Key Realty Group LLC
Buyer's Agent
Non MLS Member
Nonmls Office
List Price
$450,000
Views
16
Current Estimated Value
$342,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.11%
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
Verma Satish -- None Listed On Document
Verma Satish -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold -- -- --
07/12/2024 07/12/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $450,000 0.0% $287 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
06/21/2022 06/21/22 Price Changed $450,000 -25.0% $287 / Sq Ft
03/11/2022 03/11/22 For Sale $600,000 -- $383 / 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 $711 $5,126 $1,500 $3,626
2023 $711 $5,126 $0 $0
2022 $711 $5,126 $1,500 $3,626
2021 $711 $5,126 $1,500 $3,626
2020 $0 $5,126 $0 $0
2019 $673 $5,126 $1,500 $3,626
2017 $0 $8,568 $5,034 $3,534
2016 $673 $5,034 $1,500 $3,534
2015 $673 $8,568 $5,034 $3,534
2014 -- $5,034 $0 $0
2013 -- $5,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Sanders

    Seller's Agent in 2024

    Terry Sanders

    Turn Key Realty Group LLC

    (901) 304-6726

    3 in this area

    53 Total Sales

    Terry Sanders
    Section Image

  • N

    Buyer's Agent in 2024

    Non MLS Member

    Nonmls Office

See All Agents

Map

Source: MLS United

MLS Number: 2315265

MLS United

APN: 3074180010001200

Mississippi DeSoto County Hernando 38632

860 E Commerce St, Hernando, MS

Not Listed for Sale

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MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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