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7400 Alexander Road

7400 Alexander Road, Olive Branch, MS 38654
Commercial in DeSoto
Sold Oct 30, 2020
$400,900
$320,705 by First Security Bank
Mortgage Due Oct 30, 2025
7400 Alexander Road 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 1983 and is 41 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, 7400 Alexander Road has 2,995 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 64,968 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 837 sqft. According to our sources, there are a total of 3 available parking spaces. 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, 7400 Alexander Road was last sold in Oct 30, 2020 for $400,900. According to our calculations, that's $133.86 per sqft. Current property owners are expected to pay $2,262 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 7400 Alexander Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,571. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 837
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 64,968
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,995
  • Building Area: 2,995
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARGARETTE MANOR ROBINSON XING
  • Land Acres: 1.491
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 26-1-6 PT NW1/4 SW1/4

Ownership

  • Current Owner : SOOKRAJ CONELL A
  • Current Owner 2: SOOKRAJ GIRLIE
  • Previous Owner : DAVIS WANDA SUE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

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

Zoning

  • Zoning: C-4

Geography

  • Parcel: 1-06-7-26-00-0-00029-01
  • Lot: 29
  • Meridian: SEC 26 TWN 01 RNG 006
  • Latitude: 34.9679
  • Longitude: -89.8123

    Address

  • Full Address: 7400 Alexander Rd
  • Address - House Number: 7400
  • Address - Street Name: Alexander
  • Address - Suffix Type: Rd
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: C003
  • 4-Digit Zip Code: 4116
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,262
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 423,057
  • High Value: 490,170
  • Low Value: 355,943

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,705
  • First Open Lien Mortgage Lender: FIRST SECURITY BANK
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $320,705
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 30, 2025

    Market Valuation

  • Market Total Value: $165,709
  • Market Land Value: $15,000
  • Market Improvement Value: $150,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,571

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11797901167
  • Current Sale Price: $400,900
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SECURITY BANK
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $320,705
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 30, 2025

About Olive Branch



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Frequently Asked Questions

What neighborhood is 7400 Alexander Road located in?
The 7400 Alexander Road is a commercial located in the neighborhood of DeSoto in Olive Branch, Olive Branch.
What is the average sales price for listings in 7400 Alexander Road?
The average sales price for units in 7400 Alexander Road is $0 currently.

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