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3538 Rainey Road

3538 Rainey Road, Jackson, MS 39212
Property in Hinds
Sold May 05, 2020
$85,000
$68,000 by Security National Mortgage Co
Mortgage Due May 01, 2050
Local assessors in Jackson, MS have categorized 3538 Rainey Road as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 32,168 square feet. 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 3538 Rainey Road has a total of 2,235 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. The building has a hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3538 Rainey Road was last sold in Apr 28, 2020 for $85,000. According to our calculations, that's $35.82 per sqft. Current property owners are expected to pay $1,582 in taxes per year. The property on 3538 Rainey Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,226. To break that down further, the land itself was valued at $1,800. While improvements to the property were assessed at a total of $6,426. 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. 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.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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 61
  • Bedroom Count: 0
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,168
  • Total Building Area: 2,373
  • Building Area: 2,373
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 25 5 1
  • Land Acres: 0.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG 885 FT N INT E/L RAINEY RD & S/L NE 1/4 SEC 25 N 98.9 FT E 355.22 FT S 98.89 FT W 355.22 FT TO POB IN SW 1/4 NE 1/4 SEC

Ownership

  • Current Owner : ELLIS KRISTIE LYNN
  • Previous Owner : BUY DIRECT MISSISSIPPI LLC

Neighborhood

  • School District Name: Jackson Public School District
  • Census Tract: 011101

Geography

  • Parcel: 0854 0129 000
  • Meridian: SEC 25 TWN 05 RNG 01W
  • Municipality: JACKSON
  • Latitude: 32.2493
  • Longitude: -90.253

    Address

  • Full Address: 3538 Rainey Rd
  • Address - House Number: 3538
  • Address - Street Name: Rainey
  • Address - Suffix Type: Rd
  • State: MS
  • City Name: Jackson
  • Carrier Code: C015
  • 4-Digit Zip Code: 4509
  • Zip Code: 39212

Valuation

    Tax

  • Total Area: 2,373
  • Tax Year: 2023
  • Tax Amount: $1,582
  • Tax Rate Code Area: R01

    Appraisal Valuation

  • Standard Deviation: 0.4816
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 133,065
  • High Value: 197,158
  • Low Value: 68,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $68,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $54,840
  • Market Land Value: $12,000
  • Market Improvement Value: $42,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,226
  • Assessed Land Value: $1,800
  • Assessed Improvements Value: $6,426

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Transaction ID: 11859505143
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1707592

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: May 05, 2020
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2050

About Jackson



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Nearby Rentals

Unit for rent at 3156 Woodside Drive, Jackson, MS, 39212

$1,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,124 ft²
3156 Woodside Drive, Jackson, MS, 39212 Listing by Tiffany V Edinburgh

Frequently Asked Questions

What neighborhood is 3538 Rainey Road located in?
The 3538 Rainey Road is a located in the neighborhood of Hinds in Jackson, Jackson.
What is the average sales price for listings in 3538 Rainey Road?
The average sales price for units in 3538 Rainey Road is $0 currently.

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