5123 Highway 51, Hernando, MS 38632 (MLS# 4033475)
5123 Highway 51, Hernando, MS 38632
$1,501,000
Property Type:
Land
Lot Size (sq. ft.):
6,882,480
Status:
Closed
Current Price:
$1,500,000
List Date:
11/11/2022
Last Modified:
11/04/2024
Description
158+- acres located in Desoto County just south of the Hernando square. Half mile of road frontage on Highway 51. This will make a great residential development tract with Belmont Water Association water and Atmos gas available to the property. Property is currently zoned agricultural. Mostly wooded with rolling hills. Located convenient to I55 and I69. All structures on subject property are being sold in ''As Is-Where IS'' condition with no value being given to any structure.
More Information MLS# 4033475
Address and Location Information
Street Number Assigned?: No
Parcel Number: 3087360000000100
Directions to Property: From the Hernando square go south on Highway 51 for 2.5 miles and property is on the right.
Community Of: N/A
Street Number: 5123
Street Name: Highway 51
County: DeSoto
State: MS
Zip Code: 38632
Subdivision: Metes And Bounds
Location
Rural: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-11-11
List Price: $1,500,000
Current Price: $1,501,000
Property Sub Type: Acreage (more than 10 acres)
General Property Information
Property Sub Type: Acreage (more than 10 acres)
New Construction: No
Approx Lot Size Acres: 158
Expandable Area: No
List Price/Acre: 9493.67
Divisible: No
School District: Desoto CO Dist
Tax and Financial Information
Tax Annual Amount: 1759
Tax Year: 2022
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: 158+/- acres located in Section 36, Township 3 S, Range 8W, Desoto County, MS
Remarks & Miscellaneous
Public Remarks: 158+- acres located in Desoto County just south of the Hernando square. Half mile of road frontage on Highway 51. This will make a great residential development tract with Belmont Water Association water and Atmos gas available to the property. Property is currently zoned agricultural. Mostly wooded with rolling hills. Located convenient to I55 and I69. All structures on subject property are being sold in ''As Is-Where IS'' condition with no value being given to any structure.
Current Use
Agricultural: 1
Hunting: 1
Recreational: 1
Residential: 1
Possible Use
Investment: 1
Residential: 1
Single Family: 1
Timber: 1
Land Details
Acres Pasture: 38
Acres Wooded: 120
Lot Features
Many Trees: 1
Rolling Slope: 1
Wooded: 1
Covenants And Restrictions
None: 1
Sewer
None: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Workshop Features
Workshop: No
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Connected: 1
Water Available: 1
Road Frontage Type
Highway: 1
Horse Amenities
Horse Amenities: Yes
Status Change Info
Contract Date/Pending Date: 2022-12-12
Closing Date: 2023-04-28
Property Features
Current Use: Agricultural; Hunting; Recreational; Residential
Possible Use: Investment; Residential; Single Family; Timber
Location: Rural
Lot Features: Many Trees; Rolling Slope; Wooded
Covenants And Restrictions: None
Sewer: None
Water Source: Public
Listing Terms: Cash; Conventional
Utilities: Electricity Available; Natural Gas Connected; Water Available
Road Frontage Type: Highway
Documents
Aerial Survey ›
Listing Office:
Burch Realty Group
Listing Agent:
Jason Burch
Last Updated: November - 04 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.