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242 Terrace Dr; Brandon, MS Property Details

242 Terrace Dr, Brandon, MS is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 242 Terrace Dr has 2 bedrooms, and 1 bathroom, and a total of 2,025 square feet. The lot size of 242 Terrace Dr is 7,423 square feet.

Off market
242 Terrace Dr Brandon, MS 39042
$168,000 Listing Price
2 Beds
1 Baths
2,025 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $153,800
  • Open Loans / Balance: 1 / $101,060
  • Est. Equity / %: $197,940 / 66.2%
  • Gross Yield: 10.062%
  • APN: H09C000015 00220
  • Situs County: Rankin
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Floor Cover Type: Carpet
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: B-
  • Roof Type: Hip
  • Roof Cover Type: Shingle (Not Wood)
  • Patio Type: Patio

Measurements

  • Total: 2,025/SqFt
  • Lot: 7,423/SqFt
  • Gross: 2,025/SqFt
  • Living: 1,642/SqFt
  • Building: 2,025/SqFt
  • Ground: 1,642/SqFt
  • Price Per Square Foot: $75.95

Legal Description

  • Description: LOT 22 THE TERRACES OF CROSSGATES
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: 32.28634 / -90.01725
  • Subdivision: The Terraces Of Crossgates
  • Property Class: Residential
  • County Use Code: 1110

Amenities

  • Plus Four: 2338
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

242 Terrace Dr has no associated ownership info
242 Terrace Dr has no associated ownership info.

Taxes

242 Terrace Dr has 9 associated Taxes items

242 Terrace 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 $18,589. The APN we've located for 242 Terrace Dr is H09C000015 00220.

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Taxes
  • Assessed Value:  $18,589
  • Assessed Year:  2025
  • Assessed County:  Rankin
  • APN:  H09C000015 00220
  • Market Land Value:  35000
  • Tax Amount:  1379
  • Tax Year:  2025
  • Market Value:  185890
  • Market Year:  2024

Tax History

242 Terrace Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,589 Land Value Improvement Value Tax Amount $1,379 Change Rate -0.361704% Assessed CR Tax Rate +0.074184%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,160.44 Change Rate +0.589295% Assessed CR Tax Rate
Year 2023 Assessed Value $17,915 Land Value Improvement Value Tax Amount $1,359.37 Change Rate +0.011624% Assessed CR Tax Rate +0.075879%
Year 2022 Assessed Value $17,915 Land Value Improvement Value Tax Amount $1,343.75 Change Rate Assessed CR Tax Rate +0.075007%
Year 2021 Assessed Value $17,915 Land Value Improvement Value Tax Amount $1,343.75 Change Rate -0.331933% Assessed CR Tax Rate +0.075007%
Year 2020 Assessed Value $17,915 Land Value Improvement Value Tax Amount $2,011.4 Change Rate +0.109438% Assessed CR Tax Rate +0.112275%
Year 2019 Assessed Value $16,033 Land Value Improvement Value Tax Amount $1,812.99 Change Rate +0.018002% Assessed CR Tax Rate +0.113079%
Year 2018 Assessed Value $16,033 Land Value Improvement Value Tax Amount $1,780.93 Change Rate +0.608063% Assessed CR Tax Rate +0.111079%
Year 2017 Assessed Value $16,033 Land Value Improvement Value Tax Amount $1,107.5 Change Rate +0.116521% Assessed CR Tax Rate +0.069076%
Year 2016 Assessed Value $15,712 Land Value Improvement Value Tax Amount $991.92 Change Rate -0.112884% Assessed CR Tax Rate +0.063131%
Year 2015 Assessed Value $16,757 Land Value Improvement Value Tax Amount $1,118.14 Change Rate -0.337744% Assessed CR Tax Rate +0.066727%
Year 2014 Assessed Value $16,757 Land Value Improvement Value Tax Amount $1,688.38 Change Rate Assessed CR Tax Rate +0.100757%
Year 2013 Assessed Value $16,757 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate