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6700 Gatewood Circle

6700 Gatewood Circle, Horn Lake, MS 38637
House in DeSoto
Sold Jun 24, 2019
$101,100
$99,715 by Trustmark National Bank
Mortgage Due Jul 01, 2049
Sold Feb 29, 2012
$43,650
6700 Gatewood Circle has been categorized by the local assessors in Horn Lake, MS as a residential type of property. The building on the property was first built in 1984 and is 40 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, 6700 Gatewood Circle has 1,217 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 8,389 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 gable 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. 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, 6700 Gatewood Circle was last sold in Jun 20, 2019 for $101,100. According to our calculations, that's $82.94 per sqft. Prior to that sales transaction, the property was sold for $43,650 in Feb 22, 2012. Current property owners are expected to pay $949 in taxes per year. The property on 6700 Gatewood Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,363. 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.

Building Features

Exterior

Brick Exterior
Masonite Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,389
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,219
  • Building Area: 1,219
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,217
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DESOTO VILLAGE SEC C NORTH
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: DESOTO VILLAGE SD SEC. C LOT 1026

Ownership

  • Current Owner : RODRIGUEZ MAYELIN
  • Previous Owner : REDEVELOPMENT LLC
  • Owner Before Previous Owner: JOHNSTON STEVE
  • Owner Before Previous Owner 2: JOHNSTON BOBBIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070324

Zoning

  • Zoning: R-8

Geography

  • Section: C
  • Parcel: 1-08-8-33-02-0-01026-00
  • Lot: 1026
  • Meridian: SEC 33 TWN 01 RNG 008
  • Latitude: 34.9575
  • Longitude: -90.0484

    Address

  • Full Address: 6700 Gatewood Cir
  • Address - House Number: 6700
  • Address - Street Name: Gatewood
  • Address - Suffix Type: Cir
  • State: MS
  • City Name: Horn Lake
  • Carrier Code: C003
  • 4-Digit Zip Code: 1629
  • Zip Code: 38637

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $949

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 168,386
  • High Value: 199,940
  • Low Value: 136,833

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $106,715
  • First Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2019
  • First Open Lien Mortgage Loan Amount: $99,715
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049
  • Second Open Lien Mortgage Lender: MISSISSIPPI HOME CORPORATIOIN
  • Second Open Lien Mortgage Recording Date: Oct 22, 2019
  • Second Open Lien Mortgage Loan Amount: $7,000
  • Second Open Lien Mortgage Term: 116
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2029

    Market Valuation

  • Market Total Value: $63,626
  • Market Land Value: $15,000
  • Market Improvement Value: $48,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,363

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11619175005
  • Current Sale Price: $101,100
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 29, 2012
  • Previous Sale Contract Date: Feb 22, 2012
  • Previous Sale Amount: $43,650
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $99,715
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

About Horn Lake



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Frequently Asked Questions

What neighborhood is 6700 Gatewood Circle located in?
The 6700 Gatewood Circle is a house located in the neighborhood of DeSoto in Horn Lake, Horn Lake.
What is the average sales price for listings in 6700 Gatewood Circle?
The average sales price for units in 6700 Gatewood Circle is $99,900 , or $91/sqft. currently.

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