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4980 Bobo Place

4980 Bobo Place, Olive Branch, MS 38654
House in DeSoto
Sold Nov 08, 2019
$305,000
$244,000 by Tiaa Fsb Holdings Inc
Mortgage Due Dec 01, 2049
Sold Feb 08, 2019
Transfer
4980 Bobo Place has been categorized by the local assessors in Olive Branch, MS as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4980 Bobo Place has 3,253 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 33,675 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. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a hip style roof made of shingle (not wood). 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. 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, 4980 Bobo Place sold most recently in Nov 5, 2019 for a total of $305,000. If you work out the math, that's approximately a cost of $93.76 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 $3,132 in taxes each year. The initial year of tax delinquency occurred in 2021. 4980 Bobo Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,145. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 3
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,675
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,253
  • Building Area: 3,253
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEDGEWOOD FARMS SEC B PH I
  • Land Acres: 0.773
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: WEDGEWOOD FARMS SEC B PHASE I LOT 45

Ownership

  • Current Owner : MORTON ANTHONY R
  • Current Owner 2: MORTON DIANE K
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070631

Zoning

  • Zoning: PUD

Geography

  • Section: B
  • Subdivision Phase Number: 1
  • Parcel: 1-07-7-35-15-0-00045-00
  • Lot: 45
  • Meridian: SEC 35 TWN 01 RNG 007
  • Latitude: 34.952
  • Longitude: -89.9019

    Address

  • Full Address: 4980 Bobo Pl
  • Address - House Number: 4980
  • Address - Street Name: Bobo
  • Address - Suffix Type: Pl
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: R007
  • 4-Digit Zip Code: 8226
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,132
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 441,048
  • High Value: 517,895
  • Low Value: 364,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: TIAA FSB HOLDINGS INC
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Loan Amount: $244,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $251,452
  • Market Land Value: $40,000
  • Market Improvement Value: $211,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,145

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11704830071
  • Current Sale Price: $305,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Feb 08, 2019
  • Previous Sale Contract Date: Feb 04, 2019
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIAA FSB HOLDINGS INC
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Olive Branch



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4980 Bobo Place located in?
The 4980 Bobo Place is a house located in the neighborhood of DeSoto in Olive Branch, Olive Branch.
What is the average sales price for listings in 4980 Bobo Place?
The average sales price for units in 4980 Bobo Place is $0 currently.

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