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5192 Summers Place Drive

5192 Summers Place Drive, Olive Branch, MS 38654
Property in DeSoto
Sold Feb 26, 2020
$137,500
$110,000 by Community Mortgage Corp
Mortgage Due Mar 01, 2035
Sold Dec 08, 2016
$271,500
$217,171 by Bancorpsouth Bank
Mortgage Due Dec 01, 2046
5192 Summers Place Drive 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 1997 and is 27 years old. The home has a total of 7 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, 5192 Summers Place Drive has 2,751 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 43,000 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 patio. 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. The property was last sold in Feb 26, 2020 for $137,500. That's $49.98 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2016 for $271,500. 5192 Summers Place Drive was last assessed in 2023. The total value of the property was assessed at $17,672. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,388. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 7
  • 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
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 43,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,751
  • Building Area: 2,751
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,751
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERS PLACE
  • Land Acres: 0.987
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUMMERS' PLACE LOT 21

Ownership

  • Current Owner : MADDOX GARY WAYNE
  • Current Owner 2: MADDOX JILL
  • Previous Owner : DAIGLE ROWDY D
  • Previous Owner 2: DAIGLE ANGELA
  • Owner Before Previous Owner: SIMS ZACK
  • Owner Before Previous Owner 2: SIMS ALICIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070633

Zoning

  • Zoning: A-R

Geography

  • Parcel: 2-07-1-12-07-0-00021-00
  • Lot: 21
  • Meridian: SEC 12 TWN 02 RNG 007
  • Latitude: 34.926
  • Longitude: -89.8977

    Address

  • Full Address: 5192 Summers Creek Rd
  • Address - House Number: 5192
  • Address - Street Name: Summers Creek
  • Address - Suffix Type: Rd
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: R022
  • 4-Digit Zip Code: 5825
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,388

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 336,332
  • High Value: 394,509
  • Low Value: 278,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 26, 2020
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: Mar 01, 2035

    Market Valuation

  • Market Total Value: $176,721
  • Market Land Value: $25,000
  • Market Improvement Value: $151,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,672

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11743885039
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Contract Date: Nov 30, 2016
  • Previous Sale Amount: $271,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 26, 2020
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Dec 08, 2016
  • Previous Mortgage Loan Amount: $217,171
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About DeSoto



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Frequently Asked Questions

What neighborhood is 5192 Summers Place Drive located in?
The 5192 Summers Place Drive is a located in the neighborhood of DeSoto in DeSoto, Olive Branch.
What is the average sales price for listings in 5192 Summers Place Drive?
The average sales price for units in 5192 Summers Place Drive is $0 currently.

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