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205 Lake Terrace Pl; Brandon, MS Property Details

205 Lake Terrace Pl, Brandon, MS is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 205 Lake Terrace Pl has 4 bedrooms, and 2.5 bathrooms, and a total of 4,018 square feet. The lot size of 205 Lake Terrace Pl is 217,800 square feet.

Off market
205 Lake Terrace Pl Brandon, MS 39047
$368,500 Listing Price
4 Beds
2.5 Baths
4,018 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $412,000
  • Open Loans / Balance: 1 / $212,546
  • Est. Equity / %: $283,454 / 57.15%
  • Gross Yield: 11.715%
  • APN: I13 000015 00120
  • Situs County: Rankin
  • Length Of Ownership: 14 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: B+
  • Roof Type: Gable
  • Roof Cover Type: Shingle (Not Wood)
  • Deck: true

Measurements

  • Total: 4,018/SqFt
  • Lot: 217,800/SqFt
  • Gross: 4,018/SqFt
  • Garage: 792/SqFt
  • Living: 3,372/SqFt
  • Building: 4,018/SqFt
  • Ground: 2,478/SqFt
  • Garage Unfinished: 792/SqFt
  • Price Per Square Foot: $102.54

Legal Description

  • Description: LOT 460.66 X 424.9 X 415.06 X 624.9 IN SW4 NW4 DB 533 PG 0645 0061887
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: 32.407383 / -89.98485
  • Property Class: Residential
  • County Use Code: 1110

Amenities

  • Plus Four: 9506
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

205 Lake Terrace Pl has no associated ownership info
205 Lake Terrace Pl has no associated ownership info.

Taxes

205 Lake Terrace Pl has 9 associated Taxes items

205 Lake Terrace Pl, 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 $39,598. The APN we've located for 205 Lake Terrace Pl is I13 000015 00120.

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Taxes
  • Assessed Value:  $39,598
  • Assessed Year:  2025
  • Assessed County:  Rankin
  • APN:  I13 000015 00120
  • Market Land Value:  40500
  • Tax Amount:  4196
  • Tax Year:  2025
  • Market Value:  388380
  • Market Year:  2024

Tax History

205 Lake Terrace Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,598 Land Value Improvement Value Tax Amount $4,196 Change Rate +0.00001% Assessed CR Tax Rate +0.105965%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,195.96 Change Rate +0.177014% Assessed CR Tax Rate
Year 2023 Assessed Value $35,886 Land Value Improvement Value Tax Amount $3,564.92 Change Rate +0.015331% Assessed CR Tax Rate +0.09934%
Year 2022 Assessed Value $35,886 Land Value Improvement Value Tax Amount $3,511.09 Change Rate -0.031351% Assessed CR Tax Rate +0.09784%
Year 2021 Assessed Value $36,956 Land Value Improvement Value Tax Amount $3,624.73 Change Rate Assessed CR Tax Rate +0.098082%
Year 2020 Assessed Value $36,956 Land Value Improvement Value Tax Amount $3,624.73 Change Rate +0.102757% Assessed CR Tax Rate +0.098082%
Year 2019 Assessed Value $32,917 Land Value Improvement Value Tax Amount $3,286.97 Change Rate +0.020437% Assessed CR Tax Rate +0.099856%
Year 2018 Assessed Value $32,917 Land Value Improvement Value Tax Amount $3,221.14 Change Rate Assessed CR Tax Rate +0.097856%
Year 2017 Assessed Value $32,917 Land Value Improvement Value Tax Amount $3,221.14 Change Rate +0.058047% Assessed CR Tax Rate +0.097856%
Year 2016 Assessed Value $32,798 Land Value Improvement Value Tax Amount $3,044.42 Change Rate Assessed CR Tax Rate +0.092823%
Year 2015 Assessed Value $32,798 Land Value Improvement Value Tax Amount $3,044.42 Change Rate +0.023486% Assessed CR Tax Rate +0.092823%
Year 2014 Assessed Value $32,798 Land Value Improvement Value Tax Amount $2,974.56 Change Rate Assessed CR Tax Rate +0.090693%
Year 2013 Assessed Value $32,676 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate