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774 Fairway Trail

774 Fairway Trail, Hernando, MS 38632
Property in DeSoto
Sold Dec 16, 2020
$327,700
$262,121 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2051
Sold Oct 30, 2018
$143,800
$115,000 by First South Financial Cu
Mortgage Due Nov 01, 2033
Local assessors in Hernando, MS have categorized 774 Fairway Trail as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 8,303 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 480 ft. 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, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 774 Fairway Trail has a total of 2,503 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. 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 brick control joints. The building has a hip style roof that was made of shingle (not wood). 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. 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, 774 Fairway Trail sold most recently in Dec 14, 2020 for a total of $327,700. If you work out the math, that's approximately a cost of $130.92 per sqft. Before that, the property was also sold for $143,800 in Oct 25, 2018. 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 $1,971 in taxes each year. 774 Fairway Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,366. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1994
  • Effective Year Built: 1994
  • 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: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,303
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,503
  • Building Area: 2,503
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE FAIRWAYS
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: THE FAIRWAYS S/D LOT 105

Ownership

  • Current Owner : SHOCKLEY JACOB E
  • Current Owner 2: SHOCKLEY MARGARET W
  • Previous Owner : CANNON GARY L
  • Previous Owner 2: CANNON DIANE E
  • Owner Before Previous Owner: WOLFE PHYLLIS C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 071001

Zoning

  • Zoning: PUD

Geography

  • Parcel: 3-07-3-06-07-0-00105-00
  • Lot: 105
  • Meridian: SEC 06 TWN 03 RNG 007
  • Latitude: 34.8493
  • Longitude: -89.9755

    Address

  • Full Address: 774 Fairway Trl
  • Address - House Number: 774
  • Address - Street Name: Fairway
  • Address - Suffix Type: Trl
  • State: MS
  • City Name: Hernando
  • Carrier Code: R005
  • 4-Digit Zip Code: 7266
  • Zip Code: 38632

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,971

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 365,210
  • High Value: 428,534
  • Low Value: 301,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,121
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Loan Amount: $262,121
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $163,655
  • Market Land Value: $25,000
  • Market Improvement Value: $138,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,366

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Transaction ID: 11808776367
  • Current Sale Price: $327,700
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $143,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 16, 2020
  • First Mortgage Loan Amount: $262,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SOUTH FINANCIAL CU
  • Previous Mortgage Transaction Date: Oct 30, 2018
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Hernando



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Frequently Asked Questions

What neighborhood is 774 Fairway Trail located in?
The 774 Fairway Trail is a located in the neighborhood of DeSoto in Hernando, Hernando.
What is the average sales price for listings in 774 Fairway Trail?
The average sales price for units in 774 Fairway Trail is $0 currently.

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