3034 Lake Terrace Drive

3034 Lake Terrace Drive has been categorized by the local assessors in Corinth, MS as a residential type of property. The building on the property was first built in 1965 and is 59 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 3034 Lake Terrace Drive has 2,124 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 2,240 ft and across the front of the lot is 780 ft. The area measurement of the land has been determined as 17,472 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. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick veneer. While the interior walls have been made of block. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3034 Lake Terrace Drive was last sold in Jan 11, 2017 for $120,000. According to our calculations, that's $53.69 per sqft. Current property owners are expected to pay $181 in taxes per year. The property on 3034 Lake Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,966. 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.