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114 Trace Ridge Drive

114 Trace Ridge Drive, Ridgeland, MS 39157
Property in Trace Ridge
Sold May 13, 2022
$222,000
$177,600 by First Federal Bank
Mortgage Due Jun 01, 2037
Sold Aug 17, 2018
$200,000
$160,000 by Renasant Bank
Mortgage Due Jan 01, 2048
114 Trace Ridge Drive has been categorized by the local assessors in Ridgeland, MS as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 114 Trace Ridge Drive has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,594 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 114 Trace Ridge Drive was last sold in May 10, 2022 for $222,000. According to our calculations, that's $124.72 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Aug 15, 2018. Current property owners are expected to pay $1,027 in taxes per year. The property on 114 Trace Ridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,314. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,594
  • Total Building Area: 1,780
  • Gross Building Area: 1,456
  • Building Area: 1,780
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACE RIDGE PT 1
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 94 TRACE RIDGE PART 1 C@11

Ownership

  • Current Owner : JOHNS RICHARD LUKE
  • Current Owner 2: WU STEPHANIE
  • Previous Owner : BOUDREAUX
  • Previous Owner 2: AMANDA
  • Owner Before Previous Owner: CLARK KRISTA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 030109

Geography

  • Account Number: 14282
  • Parcel: 072D-20C-097
  • Lot: 94
  • Meridian: SEC 20 TWN 07N RNG 02E
  • Municipality: RIDGELAND
  • Latitude: 32.4303
  • Longitude: -90.1217

    Address

  • Full Address: 114 Trace Ridge Dr
  • Address - House Number: 114
  • Address - Street Name: Trace Ridge
  • Address - Suffix Type: Dr
  • State: MS
  • City Name: Ridgeland
  • Carrier Code: R001
  • 4-Digit Zip Code: 2531
  • Zip Code: 39157

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,027
  • Tax Rate Code Area: 3 RIDGELAN

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 238,348
  • High Value: 288,414
  • Low Value: 188,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,600
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $177,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $123,140
  • Market Land Value: $35,000
  • Market Improvement Value: $88,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,314

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11887696797
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 956764
  • Previous Sale Recording Date: Aug 17, 2018
  • Previous Sale Contract Date: Aug 15, 2018
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $177,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Aug 17, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Trace Ridge



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Frequently Asked Questions

What neighborhood is 114 Trace Ridge Drive located in?
The 114 Trace Ridge Drive is a located in the neighborhood of Trace Ridge in Trace Ridge, Ridgeland.
What is the average sales price for listings in 114 Trace Ridge Drive?
The average sales price for units in 114 Trace Ridge Drive is $0 currently.

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