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623 Grove Forest Way

623 Grove Forest Way, Oxford, MS 38655
House in Lafayette
Local assessors in Oxford, MS have categorized 623 Grove Forest Way as a type of property. The home was built in 2005 and is 21 years old. The property's lot size has been calculated to be 54,188 square feet. 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, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 623 Grove Forest Way has a total of 3,196 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. 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 control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 1, 2023 for $441,560. That's $138.16 per sqft. Prior to that sales transaction, the property was also sold in Feb 19, 2016 for $448,900. 623 Grove Forest Way was last assessed in 2023. The total value of the property was assessed at $32,650. 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 $294,835. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230203
02/03/2023
5 Bed
4 Bath
3850 ft²
$599,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
3850 ft²
$441,560 -26.28%
06/19/2023
Brooke Worthy
Neighborhood Realty LLC


Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,188
  • Total Building Area: 3,196
  • Building Area: 3,196
  • Building Area Measurement: J

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND PLACE PHASE II
  • Land Acres: 0000001244
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: LOT 31 CUMBERLAND PLACE PHASE II

Neighborhood

  • School District Name: Oxford School District
  • Census Tract: 950504

Geography

  • Account Number: 26073
  • Subdivision Phase Number: 2
  • Parcel: 148 -27-082.00
  • Lot: 31
  • Meridian: SEC 27 TWN 08S RNG 04W
  • Municipality: OXFORD SEP BEAT 3
  • Latitude: 34.3504
  • Longitude: -89.6135

    Address

  • Full Address: 623 Grove Forest Way
  • Address - House Number: 623
  • Address - Street Name: Grove Forest
  • Address - Suffix Type: Way
  • State: MS
  • City Name: Oxford
  • Carrier Code: R017
  • 4-Digit Zip Code: 7257
  • Zip Code: 38655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $294,835
  • Tax Rate Code Area: 3020

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 510,213
  • High Value: 617,468
  • Low Value: 402,957

    Market Valuation

  • Market Total Value: $326,500
  • Market Land Value: $50,000
  • Market Improvement Value: $276,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 19, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4567
  • Previous Sale Recording Date: Feb 22, 2016
  • Previous Sale Contract Date: Feb 19, 2016
  • Previous Sale Amount: $448,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lafayette



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Frequently Asked Questions

What neighborhood is 623 Grove Forest Way located in?
The 623 Grove Forest Way is a house located in the neighborhood of Lafayette in Lafayette, Oxford.
What is the average sales price for listings in 623 Grove Forest Way?
The average sales price for units in 623 Grove Forest Way is $529,000 , or $137/sqft. currently.