Check Availability

875 Reed Road

875 Reed Road, Hernando, MS 38632
Property in DeSoto
Sold Dec 01, 2020
$309,300
$315,980 by Mortgage Research Center Llc
Mortgage Due Dec 01, 2050
Sold Jun 15, 2016
$213,500
875 Reed Road in Hernando, MS was first built in 1991 and is 33 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. 875 Reed Road has 2,514 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 65,950 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a mixed used garage. The garage is 1,580 sqft. There are a total of 6 available parking spaces. The exterior walls of the home are made of marble. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 875 Reed Road sold most recently in Nov 23, 2020 for a total of $309,300. If you work out the math, that's approximately a cost of $123.03 per sqft. Before that, the property was also sold for $213,500 in May 9, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,680 in taxes each year. 875 Reed Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,805. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 3
  • Exterior Walls Type: Marble
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,580
  • Parking Space Count: 6
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 65,950
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,514
  • Building Area: 2,514
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY HOME ESTATES
  • Land Acres: 1.514
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: COUNTRY HOME EST S/D LOT 7

Ownership

  • Current Owner : MITCHELL JAY
  • Previous Owner : HILL WAYLON
  • Previous Owner 2: HILL CATHERINE CLARE
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 071122

Zoning

  • Zoning: A

Geography

  • Parcel: 3-08-1-02-01-0-00007-00
  • Lot: 7
  • Meridian: SEC 02 TWN 03 RNG 008
  • Latitude: 34.8551
  • Longitude: -90.0245

    Address

  • Full Address: 875 Reed Rd
  • Address - House Number: 875
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: MS
  • City Name: Hernando
  • Carrier Code: R013
  • 4-Digit Zip Code: 8142
  • Zip Code: 38632

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,680

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 358,236
  • High Value: 420,767
  • Low Value: 295,706

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $324,372
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $315,980
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF VETERANS AFFAIRS
  • Second Open Lien Mortgage Recording Date: Nov 15, 2022
  • Second Open Lien Mortgage Loan Amount: $8,392
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $168,045
  • Market Land Value: $20,000
  • Market Improvement Value: $148,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,805

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11805394423
  • Current Sale Price: $309,300
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 15, 2016
  • Previous Sale Contract Date: May 09, 2016
  • Previous Sale Amount: $213,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $315,980
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

About DeSoto



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 875 Reed Road located in?
The 875 Reed Road is a located in the neighborhood of DeSoto in DeSoto, Hernando.
What is the average sales price for listings in 875 Reed Road?
The average sales price for units in 875 Reed Road is $0 currently.

Quantcast