2 months on rocket

723 Lorraine St, Jackson, MS, 39202

$89,500

Home List Price

$1,063*

Closing Credit

2 Bedrooms
1 Full Bath
824 SqFt
$109/SqFt
House
Schools Nearby

Location

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723 Lorraine St, Jackson$89,500

Buyer Closing Credits

$1,063*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1939
HeatingCentral
CoolingCentral Air
MLS #4071459
Lot Size0.14 Acres
StatusActive

About 723 Lorraine St

Charming hilltop residence featuring off-street parking, ideally located near the bustling High Street. Acquired and refurbished in 2018, this property serves as an excellent entry-level home or investment opportunity. Situated within walking distance of the college town, Baptist Hospital, and UMC, it is also conveniently positioned just a block away from Belhaven's Museum Trail, offering easy bike access to various museums in the vicinity.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1939
  • Living Area: 824 SqFt

Listing Office:

  • Office Name: Vesica Pcj Realty, Llc.
  • Office Phone: (601) 325-9046
  • Listing Agent: Jennifer K Welch

Interior Features

Interior Information:

  • Appliances: Electric Range, Range
  • Flooring Type: Hardwood, Luxury Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Power Apac School, Public District Grades 4-12
  • Rowan Middle School, Public District Grades 6-8
  • Northwest Middle School, Public District Grades 6-8
  • George Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,500
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $963
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$113.2K

Med. Price/SqFt

$71

Avg. Days On Market

202

# of Sold Homes

107

723 Lorraine St vs Jackson

66 DAYS ON ROCKET

-136 Days

$89,500

-$23.7K Less

$109/SqFt

+$38 More

KEY TAKEAWAY

This property is $23.7K less than the Median List Price and $38/SqFt more than other homes in Jackson, MS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4071459

Listing Office:

  • Office Name: Vesica Pcj Realty, Llc.
  • Office Phone: (601) 325-9046
  • Listing Agent: Jennifer K Welch

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:19 PM 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
2020$963$5,034
2018$953$5,034
2017$954$5,034

History based on county public records data.

Payment Calculator

$514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$335

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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-2386031
5
/10
  • George Elementary School

  • 1020 Hunter St

  • 1.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2386032
2
/10
  • Rowan Middle School

  • 136 E Ash St

  • 1.01 miles

  • Public District Grades 6-8

school-card-donut-2386033
8
/10
  • Northwest Middle School

  • 7020 Hwy 49 North

  • 6.99 miles

  • Public District Grades 6-8

High School

school-card-donut-2386034
10
/10
  • Power Apac School

  • 1120 Riverside Dr

  • 1.24 miles

  • Public District Grades 4-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,457. Residents of Jackson, MS typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 723 Lorraine St

What is the listing price of this property?

The listing price of 723 Lorraine St property is $89,500.

What type of property is this?

The property 723 Lorraine St is a house located in Jackson, Mississippi, 39202.

Is this property for sale now?

Active Listing: 723 Lorraine St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 723 Lorraine St are:
George Elementary School: GreatSchools Rating 5/10
Rowan Middle School: GreatSchools Rating 2/10
Northwest Middle School: GreatSchools Rating 8/10
Power Apac School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $963 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 723 Lorraine St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 723 Lorraine St is 824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 723 Lorraine St is 1939.

Rocket Homes›Mississippi›Hinds County›Jackson›39202›723 Lorraine St

This home is located at 723 Lorraine St in Jackson, MS and zip code 39202. This 824 square foot home, which was built in 1939, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $89,500.

The number of listings in Jackson, MS increased by 9.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 202 days, the median list price was $113,240.

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

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