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8540 Dunn Lane

8540 Dunn Lane, Olive Branch, MS 38654
Property in DeSoto
Sold Mar 19, 2012
$80,600
$192,000 by Community Mortgage Corporation
Mortgage Due Sep 01, 2052
8540 Dunn Lane 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 1999 and is 25 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, 8540 Dunn Lane has 1,493 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 42,691 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. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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. 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, 8540 Dunn Lane was last sold in Mar 2, 2012 for $80,600. According to our calculations, that's $53.99 per sqft. Current property owners are expected to pay $111 in taxes per year. The property on 8540 Dunn Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,315. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • 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: 42,691
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,493
  • Building Area: 1,493
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILKERSON S-D
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: WILKERSON S-D LOT 3

Ownership

  • Current Owner : DUNLAP MARY G
  • Previous Owner : DUNLAP MARY G
  • Previous Owner 2: DUNLAP GEORGE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: A-R

Geography

  • Parcel: 2-06-5-16-00-0-00021-02
  • Lot: 3
  • Meridian: SEC 16 TWN 02 RNG 006
  • Latitude: 34.9078
  • Longitude: -89.8384

    Address

  • Full Address: 8540 Dunn Ln E
  • Address - House Number: 8540
  • Street Segment Direction: E
  • Address - Street Name: Dunn
  • Address - Suffix Type: Ln
  • State: MS
  • City Name: Olive Branch
  • Carrier Code: R013
  • 4-Digit Zip Code: 8887
  • Zip Code: 38654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $111

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 82
  • Final Value: 227,912
  • High Value: 260,829
  • Low Value: 194,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Loan Amount: $192,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $83,152
  • Market Land Value: $11,000
  • Market Improvement Value: $72,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,315

    Sales

  • Current Sale Contract Date: Mar 02, 2012
  • Current Sale Recording Date: Mar 19, 2012
  • Current Sale Transaction ID: 1110815194
  • Current Sale Price: $80,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Mar 19, 2012
  • First Mortgage Loan Amount: $64,450
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2027

About DeSoto



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Frequently Asked Questions

What neighborhood is 8540 Dunn Lane located in?
The 8540 Dunn Lane is a located in the neighborhood of DeSoto in DeSoto, Olive Branch.
What is the average sales price for listings in 8540 Dunn Lane?
The average sales price for units in 8540 Dunn Lane is $0 currently.

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