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8289 Valley Ridge Drive

8289 Valley Ridge Drive, Olive Branch, MS 38654
Property in DeSoto
Sold Dec 10, 2010
$290,000
$232,000 by Community Mortgage Corp
Mortgage Due Jan 01, 2041
8289 Valley Ridge Drive 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 2003 and is 21 years old. The home has a total of 8 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, 8289 Valley Ridge Drive has 3,621 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 3,240 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 38,026 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 100 sqft. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 roof of the building is 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. According to our sources, 8289 Valley Ridge Drive sold most recently in Dec 3, 2010 for a total of $290,000. If you work out the math, that's approximately a cost of $80.09 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 $2,929 in taxes each year. 8289 Valley Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,961. 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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 3
  • Building Condition: Good
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 100
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 38,026
  • Lot Size Depth Feet: 3,240
  • Lot Size Frontage Feet: 660
  • Total Building Area: 3,621
  • Building Area: 3,621
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMOR LAKES SEC A
  • Land Acres: 0.873
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: BELMOR LAKES SEC A LOT 30

Ownership

  • Current Owner : MARTIN TOM
  • Previous Owner : TROUTMAN DENNIS
  • Previous Owner 2: TROUTMAN DEBRA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 070722

Zoning

  • Zoning: R-40 OVERL

Geography

  • Section: A
  • Parcel: 2-06-5-16-02-0-00030-00
  • Lot: 30
  • Meridian: SEC 16 TWN 02 RNG 006
  • Latitude: 34.9142
  • Longitude: -89.8425

    Address

  • Full Address: 8289 Valley Ridge Dr
  • Address - House Number: 8289
  • Address - Street Name: Valley Ridge
  • Address - Suffix Type: Dr
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: R013
  • 4-Digit Zip Code: 5870
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,929

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 512,321
  • High Value: 601,153
  • Low Value: 423,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 10, 2010
  • First Open Lien Mortgage Loan Amount: $232,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Market Valuation

  • Market Total Value: $289,606
  • Market Land Value: $50,000
  • Market Improvement Value: $239,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,961

    Sales

  • Current Sale Contract Date: Dec 03, 2010
  • Current Sale Recording Date: Dec 10, 2010
  • Current Sale Transaction ID: 1187483976
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 10, 2010
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2041

About DeSoto



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Frequently Asked Questions

What neighborhood is 8289 Valley Ridge Drive located in?
The 8289 Valley Ridge Drive is a located in the neighborhood of DeSoto in DeSoto, Olive Branch.
What is the average sales price for listings in 8289 Valley Ridge Drive?
The average sales price for units in 8289 Valley Ridge Drive is $0 currently.

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