Check Availability

7861 Richland Drive

7861 Richland Drive, Southaven, MS 38671
Property in DeSoto
Sold Aug 23, 2022
Transfer
Sold Mar 20, 2014
$119,400
$117,826 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2044
7861 Richland Drive has been categorized by the local assessors in Southaven, MS as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 6 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, 7861 Richland Drive has 2,120 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 1,208 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,969 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. 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 hip 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $119,400 in Mar 17, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,761 in taxes each year. 7861 Richland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,112. 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. 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.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: 6
  • 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

    Dimensions

  • Lot Size Square Feet: 9,969
  • Lot Size Depth Feet: 1,208
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE HILLS PH I
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: HERITAGE HILLS PUD PHASE I LOT 66

Ownership

  • Current Owner : WOLFE JEFFERY K
  • Previous Owner : WOLFE BRENDA K
  • Owner Before Previous Owner: MARTIN MARK T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070412

Zoning

  • Zoning: PUD

Geography

  • Subdivision Phase Number: 1
  • Parcel: 1-08-7-26-07-0-00066-00
  • Lot: 66
  • Meridian: SEC 26 TWN 01 RNG 008
  • Latitude: 34.9754
  • Longitude: -90.0104

    Address

  • Full Address: 7861 Richland Dr
  • Address - House Number: 7861
  • Address - Street Name: Richland
  • Address - Suffix Type: Dr
  • State: MS
  • City Name: Southaven
  • Carrier Code: C008
  • 4-Digit Zip Code: 6210
  • Zip Code: 38671

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,761

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 270,642
  • High Value: 317,569
  • Low Value: 223,715

    Market Valuation

  • Market Total Value: $121,121
  • Market Land Value: $17,500
  • Market Improvement Value: $103,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,112

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Transaction ID: 11894983463
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Mar 20, 2014
  • Previous Sale Contract Date: Mar 17, 2014
  • Previous Sale Amount: $119,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Mar 20, 2014
  • Previous Mortgage Loan Amount: $117,826
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Southaven



Similar Buildings

Property at 7861 Richland Drive,

8106 Buckingham Drive

  • 1 Unit for Sale
8106 Buckingham Drive, Southaven, MS 38671
Property at 7861 Richland Drive,

7567 Coral Meadows Drive

  • 1 Unit for Sale
7567 Coral Meadows Drive, Southaven, MS 38671
Property at 7861 Richland Drive,

756 Halifax Cove

  • 1 Unit for Sale
756 Halifax Cove, Southaven, MS 38671
Property at 7861 Richland Drive,

841 Farmington Drive North

  • 1 Unit for Sale
841 Farmington Drive North, Southaven, MS 38671
Property at 7861 Richland Drive,

8535 Millbranch Road

  • 1 Unit for Sale
8535 Millbranch Road, Southaven, MS 38671
Property at 7861 Richland Drive,

1752 Brookhaven Drive

  • 1 Unit for Sale
1752 Brookhaven Drive, Southaven, MS 38671
Property at 7861 Richland Drive,

7210 U.S. 51

  • 1 Unit for Sale
7210 U.S. 51, Horn Lake, MS 38637
Property at 7861 Richland Drive,

1240 Goodman Road West

  • 1 Unit for Sale
1240 Goodman Road West, Southaven, MS 38671
Property at 7861 Richland Drive,

7654 Cherry Valley Boulevard

  • 1 Unit for Sale
7654 Cherry Valley Boulevard, Southaven, MS 38671

Nearby Rentals

Unit for rent at 5273 Chatfield, Memphis, TN, 38116

$1,250 /mo

  • 3 Beds
  • 2.5 Baths
5273 Chatfield #5273, Memphis, TN, 38116 Listing by Robert Farris
Unit for rent at 8055 Oakbrook Dr, Southaven, MS, 38671

$1,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,050 ft²
8055 Oakbrook Dr #8055 Oakbrook Dr, Southaven, MS, 38671 Listing by Manager
Unit for rent at 2530 Hillcrest Cir, Horn Lake, MS, 38637

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,009 ft²
2530 Hillcrest Cir, Horn Lake, MS, 38637 Listing by Manager
Unit for rent at 6290 Southbridge, Horn Lake, MS, 38637

$1,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
6290 Southbridge #6290 Southbridge, Horn Lake, MS, 38637 Listing by Manager

Frequently Asked Questions

What neighborhood is 7861 Richland Drive located in?
The 7861 Richland Drive is a located in the neighborhood of DeSoto in Southaven, Southaven.
What is the average sales price for listings in 7861 Richland Drive?
The average sales price for units in 7861 Richland Drive is $0 currently.

Quantcast