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118 Formosa Dr; Brandon, MS Property Details

118 Formosa Dr, Brandon, MS is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 118 Formosa Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,887 square feet. The lot size of 118 Formosa Dr is 8,857 square feet.

Off market
118 Formosa Dr Brandon, MS 39047
$172,587 Listing Price
3 Beds
2 Baths
1,887 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $166,700
  • Open Loans / Balance: 1 / $135,090
  • Est. Equity / %: $120,910 / 47.23%
  • Gross Yield: 9.028%
  • APN: I11A000011 00001B
  • Situs County: Rankin
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Floor Cover Type: Carpet
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: C+
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,887/SqFt
  • Lot: 8,857/SqFt
  • Gross: 1,887/SqFt
  • Living: 1,558/SqFt
  • Building: 1,887/SqFt
  • Ground: 1,558/SqFt
  • Price Per Square Foot: $88.34

Legal Description

  • Description: LOT 1B AZALEA TRAILS OF CASTLEWOODS PART 2A DB 664 PG 0577 0021193
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rankin County School District
  • Lat / Lon: 32.346905 / -89.99892
  • Subdivision: Azalea Trails Castlewoods 2-A
  • Property Class: Residential
  • County Use Code: 1110

Amenities

  • Plus Four: 7911
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $198
  • H O A Amount: $198
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

118 Formosa Dr has no associated ownership info
118 Formosa Dr has no associated ownership info.

Taxes

118 Formosa Dr has 9 associated Taxes items

118 Formosa Dr, Brandon, MS pays taxes in Rankin County, MS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $15,239. The APN we've located for 118 Formosa Dr is I11A000011 00001B.

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Taxes
  • Assessed Value:  $15,239
  • Assessed Year:  2025
  • Assessed County:  Rankin
  • APN:  I11A000011 00001B
  • Market Land Value:  30000
  • Tax Amount:  1430
  • Tax Year:  2025
  • Market Value:  152390
  • Market Year:  2024

Tax History

118 Formosa Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,239 Land Value Improvement Value Tax Amount $1,430 Change Rate -0.000168% Assessed CR Tax Rate +0.093838%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,430.24 Change Rate +0.030284% Assessed CR Tax Rate
Year 2023 Assessed Value $15,675 Land Value Improvement Value Tax Amount $1,388.2 Change Rate +0.017235% Assessed CR Tax Rate +0.088561%
Year 2022 Assessed Value $15,675 Land Value Improvement Value Tax Amount $1,364.68 Change Rate Assessed CR Tax Rate +0.087061%
Year 2021 Assessed Value $15,675 Land Value Improvement Value Tax Amount $1,364.68 Change Rate Assessed CR Tax Rate +0.087061%
Year 2020 Assessed Value $15,675 Land Value Improvement Value Tax Amount $1,364.68 Change Rate +0.111421% Assessed CR Tax Rate +0.087061%
Year 2019 Assessed Value $14,021 Land Value Improvement Value Tax Amount $1,227.87 Change Rate +0.02337% Assessed CR Tax Rate +0.087574%
Year 2018 Assessed Value $14,021 Land Value Improvement Value Tax Amount $1,199.83 Change Rate -0.466692% Assessed CR Tax Rate +0.085574%
Year 2017 Assessed Value $21,032 Land Value Improvement Value Tax Amount $2,249.79 Change Rate +0.062625% Assessed CR Tax Rate +0.10697%
Year 2016 Assessed Value $20,763 Land Value Improvement Value Tax Amount $2,117.2 Change Rate Assessed CR Tax Rate +0.10197%
Year 2015 Assessed Value $20,763 Land Value Improvement Value Tax Amount $2,117.2 Change Rate +2.343757% Assessed CR Tax Rate +0.10197%
Year 2014 Assessed Value $13,842 Land Value Improvement Value Tax Amount $633.18 Change Rate Assessed CR Tax Rate +0.045743%
Year 2013 Assessed Value $13,842 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate