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2867 Malabar Place

2867 Malabar Place, Southaven, MS 38672
House in DeSoto
Sold Jan 05, 2021
$262,400
$268,026 by Mortgage Research Center Llc
Mortgage Due Jan 01, 2051
Local assessors in Southaven, MS have categorized 2867 Malabar Place as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 11,328 square feet. The linear feet between the front and back of the lot was measured at 1,490 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2867 Malabar Place has a total of 2,514 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a roof that is made of shingle (not wood). Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been 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, 2867 Malabar Place sold most recently in Dec 29, 2020 for a total of $262,400. If you work out the math, that's approximately a cost of $104.38 per sqft. 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 $2,723 in taxes each year. 2867 Malabar Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,809. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 3
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,328
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 750
  • 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: CHERRY TREE PARK NEIGHBORHOOD M
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: CHERRY TREE PARK NBHD SEC M LOT 136

Ownership

  • Current Owner : GRAY KETARA K
  • Current Owner 2: GRAY CHARLES
  • Previous Owner : ROSS PATRICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070635

Zoning

  • Zoning: PUD

Geography

  • Section: M
  • Parcel: 2-07-5-16-03-0-00136-00
  • Lot: 136
  • Meridian: SEC 16 TWN 02 RNG 007
  • Latitude: 34.9084
  • Longitude: -89.939

    Address

  • Full Address: 2867 Malabar Pl
  • Address - House Number: 2867
  • Address - Street Name: Malabar
  • Address - Suffix Type: Pl
  • State: MS
  • City Name: Southaven
  • Carrier Code: R006
  • 4-Digit Zip Code: 7019
  • Zip Code: 38672

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,723

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 360,930
  • High Value: 424,846
  • Low Value: 297,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,026
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $268,026
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $188,091
  • Market Land Value: $50,000
  • Market Improvement Value: $138,091

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,809

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Transaction ID: 11812053054
  • Current Sale Price: $262,400
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jan 05, 2021
  • First Mortgage Loan Amount: $268,026
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Southaven



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Frequently Asked Questions

What neighborhood is 2867 Malabar Place located in?
The 2867 Malabar Place is a house located in the neighborhood of DeSoto in Southaven, Southaven.
What is the average sales price for listings in 2867 Malabar Place?
The average sales price for units in 2867 Malabar Place is $249,900 , or $105/sqft. currently.

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