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714 Versailles Drive

714 Versailles Drive, Ridgeland, MS 39157
Property in Montrachet
Sold Sep 26, 2014
$200,000
$160,000 by Bancorpsouth Bank
Mortgage Due Oct 01, 2024
Local assessors in Ridgeland, MS have categorized 714 Versailles Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 7,471 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 6 full bathrooms. There are also 6 partial bathrooms. 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 714 Versailles Drive has a total of 2,272 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a hip style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 714 Versailles Drive sold most recently in Sep 19, 2014 for a total of $200,000. If you work out the math, that's approximately a cost of $77.91 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 $2,233 in taxes each year. 714 Versailles Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,507. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: B
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,471
  • Total Building Area: 2,567
  • Gross Building Area: 2,272
  • Building Area: 2,567
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTRACHET PT 1
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 MONTRACHET PART 1

Ownership

  • Current Owner : WELCH THOMAS L
  • Previous Owner : BOWMAN LISA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 030104

Geography

  • Account Number: 16892
  • Parcel: 072I-29D-057
  • Lot: 7
  • Meridian: SEC 29 TWN 07N RNG 02E
  • Municipality: RIDGELAND
  • Latitude: 32.4175
  • Longitude: -90.1108

    Address

  • Full Address: 714 Versailles Dr
  • Address - House Number: 714
  • Address - Street Name: Versailles
  • Address - Suffix Type: Dr
  • State: MS
  • City Name: Ridgeland
  • Carrier Code: R013
  • 4-Digit Zip Code: 5129
  • Zip Code: 39157

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,233
  • Tax Rate Code Area: 3 RIDGELAN

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 73
  • Final Value: 348,670
  • High Value: 417,449
  • Low Value: 279,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Sep 26, 2014
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2024

    Market Valuation

  • Market Total Value: $235,070
  • Market Land Value: $40,000
  • Market Improvement Value: $195,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,507

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2014
  • Current Sale Recording Date: Sep 26, 2014
  • Current Sale Transaction ID: 1162094695
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 743902

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Sep 26, 2014
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2024

About Montrachet



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Nearby Rentals

Unit for rent at 403 Friday Harbour, Ridgeland, MS, 39157

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,584 ft²
403 Friday Harbour, Ridgeland, MS, 39157 Listing by Mike Hoffman

Frequently Asked Questions

What neighborhood is 714 Versailles Drive located in?
The 714 Versailles Drive is a located in the neighborhood of Montrachet in Montrachet, Ridgeland.
What is the average sales price for listings in 714 Versailles Drive?
The average sales price for units in 714 Versailles Drive is $0 currently.

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