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5118 Hilo Dr, Hernando, MS, 38632

$344,000

Home List Price

$4,085*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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5118 Hilo Dr, Hernando$344,000

Buyer Closing Credits

$4,085*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s), Workshop(s)
Year Built1977
HeatingCentral, Propane
CoolingCentral Air
BasementYes
WaterfrontPond, Waterfront, Water Access, Bay
FireplaceIn Den/Great Room, Blower
ViewWater
MLS #10162069
StatusActive

About 5118 Hilo Dr

$7,500 BUYER'S BONUS! Privately nestled into a tucked away cove in the lovely KoKo Reef Lake Community with breathtaking lake views. Enjoy the Tranquil, Quiet, Peaceful, Vacation Like setting this property has to offer. You'll fall in love with this 80 acre well managed Lake. Featuring multi-level decks, custom stone walkways, boat dock with electrical, water, fishing pier with a fish cleaning station and fenced dog run. 3 bedrooms and 2 full baths. Wood burning fireplace!

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level
  • Year Built: 1977
  • Stories: 2

Listing Office:

  • Office Name: Burch Realty Group

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile, Vinyl/Luxury Vinyl Floor
  • Fireplace: In Den/Great Room, Blower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond, Waterfront, Water Access, Bay
  • View: Water
  • Exterior: Storage Building, Porch, Patio, Deck, Storage, Pet Area, Workshop, Boat Slip, Boat Dock

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Workshop(s)

Lot Features

Lot Information:

  • Lot: Few Trees, Waterfront, Views

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Cormorant Middle School, Public District Grades 6-8
  • Lake Cormorant Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hernando take MS Hwy 304/W Commerce St West for approximately 11 miles. Turn Left onto Bluff Rd, Right on Sullivan and Left onto Koko Reef Dr. Turn Right on Hilo Dr. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $344,000

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $701
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hernando, MS.

Med. List Price

$387.9K

Med. Price/SqFt

$165

Avg. Days On Market

150

# of Sold Homes

23

5118 Hilo Dr vs Hernando

150 DAYS ON ROCKET

-0 Day

$344,000

-$43.9K Less

KEY TAKEAWAY

This property is $43.9K less than the Median List Price in Hernando, MS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10162069

Listing Office:

  • Office Name: Burch Realty Group

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$701$7,535
2020$701$7,012
2018$697$7,012
2017$697$12,846

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,098

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5889813
8
/10
  • Lake Cormorant Elementary School

  • 3285 Wilson Mill Rd

  • 7.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5889814
6
/10
  • Lake Cormorant Middle School

  • 3203 Wilson Mill Rd

  • 7.06 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,906. Typical income of Hernando, MS residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5118 Hilo Dr

What is the listing price of this property?

The listing price of 5118 Hilo Dr property is $344,000.

What type of property is this?

The property 5118 Hilo Dr is a house located in Hernando, Mississippi, 38632.

Is this property for sale now?

Active Listing: 5118 Hilo Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5118 Hilo Dr are:
Lake Cormorant Elementary School: GreatSchools Rating 8/10
Lake Cormorant Middle School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $701 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5118 Hilo Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 5118 Hilo Dr is 1977.

Rocket HomesMississippiDeSoto CountyHernando386325118 Hilo Dr

This home is located at 5118 Hilo Dr in Hernando, MS and zip code 38632. This home was built in 1977. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $344,000.

The inventory of homes for sale in Hernando, MS between March 2024 and April 2024 increased by 12.4%. The median list price of listings available in April 2024 was $387,900, while the average time on the real estate market was 150 days.

From Rocket Homes Real Estate and based on county public records data.

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