Check Availability
Olive Branch 38654
7182 Archer Lane
$405,000
↓ $5K (1.2%)
House - For Sale

7182 Archer Lane

Olive Branch, MS 38654
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2440 Sqft
$2,608
Estimated Monthly
$450
HOA / Fees
2.43%
Cap Rate

About This Property

Welcome home to this beautiful 3 bedroom, 2 bathroom open floor plan  with a Bonus Room on the second level.  This home features a formal dining room, split bedrooms, sitting/breakfast area off the kitchen, a front porch, back screened in patio with an extended patio, a 22 thousand watt Cummins Generator, security system, a gas fireplace in the great room with stone, and a fully wood fenced back yard . Kitchen offers  stainless steel appliances including the fridge which stays with the home, granite counter tops,  a pantry, and a huge island with a black sink. The large primary bedroom has an ensuite bathroom with a barn door, over sized shower, soaking tub, 2 vanities with granite and walk in closet which has access to the laundry room!! The back patio furniture stays with the home. This home has so much to offer!! Perfect for entertaining! Extra concrete poured on the driveway for more parking! Schedule your appointment today to see this fabulous home!! Looks like a model home!!

The manager has listed the unit size as 2440 square feet.
Unit Size
2,440Ft²
Days on Market
17 days
Land Size
0.19 acres
Price per sqft
$166
Property Type
House
Property Taxes
$169
HOA Dues
$450
Year Built
2022
Listed By
Patrice K Reistroffer
Coldwell Banker Collins-maury Southaven
Last updated: 4 days ago (MGCMLSMS #4076357)

Price History

Date / Event Date Event Price
Apr 27, 2024 Price Decreased $405,000
↓ $5K (1.2%)
Price Decreased
Apr 12, 2024 Listed by Coldwell Banker Collins-Maury $410,000
Listed by Coldwell Banker Collins-Maury

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick Veneer

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 8
  • Bedroom Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,416
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,902
  • Building Area: 2,902
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: EDGEWATER PH 2
  • Land Acres: 0.193
  • Legal Description 1: EDGEWATER S/D PHASE 2 LOT 62

Ownership

  • Current Owner : WRIGHT ALVIN D
  • Current Owner 2: WRIGHT VALENCIA H
  • Previous Owner : KEITH AND DAVID GRANT HOMES LLC
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070812

Zoning

  • Zoning: R-3

Geography

  • Subdivision Phase Number: 2
  • Parcel: 1-06-8-27-04-4-00062-00
  • Lot: 62
  • Meridian: SEC 27 TWN 01 RNG 006
  • Latitude: 34.9647
  • Longitude: -89.8198

    Address

  • Full Address: 7182 Archer Ln
  • Address - House Number: 7182
  • Address - Street Name: Archer
  • Address - Suffix Type: Ln
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: C007
  • 4-Digit Zip Code: 1085
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,031

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 412,860
  • High Value: 484,446
  • Low Value: 341,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,308
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: May 03, 2022
  • First Open Lien Mortgage Loan Amount: $380,308
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $223,795
  • Market Land Value: $25,000
  • Market Improvement Value: $198,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,380

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Transaction ID: 11887361754
  • Current Sale Price: $475,400
  • Current Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: May 03, 2022
  • First Mortgage Loan Amount: $380,308
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2052

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
3,250 ft²
$122/ft²
$395,000 Apr 2, 2024
-
$595/mo
House
4 Beds
3 Baths
2,400 ft²
$145/ft²
$349,000 Mar 1, 2024
-
$151/mo

About Olive Branch


Similar Homes for Sale

Unit for sale at 9175 Rosalie Cove, Olive Branch, MS 38654

$395,000

  • 3 Beds
  • 2.5 Baths
  • 3,250 ft²
9175 Rosalie Cove, Olive Branch, MS 38654 Listing by Christy Savage

Nearby Rentals



Frequently Asked Questions

When was property at 7182 Archer Lane built and last sold?
The property at 7182 Archer Lane was built in 2022 and last sold on Apr 29, 2022 for $475,400.
How much is this home worth?
The estimated value of the home located at 7182 Archer Lane is $412,940.
What are some comparable homes to 7182 Archer Lane?
Homes that are comparable to 7182 Archer Lane include a house property at 9175 Rosalie Cove, 7838 Alexanders Crossing Drive, which are both great to check out.

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