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242 Cedar Ridge Dr; Madison, MS Property Details

242 Cedar Ridge Dr, Madison, MS is a Single Family that was built in 1978. This property is currently a cash purchase and is not for sale. Our records show that 242 Cedar Ridge Dr has 3 bedrooms, and 7 bathrooms, and a total of 3,483 square feet. The lot size of 242 Cedar Ridge Dr is 34,570 square feet.

Off market
242 Cedar Ridge Dr Madison, MS 39110
$293,502 Listing Price
3 Beds
7 Baths
3,483 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1978
  • Est. Equity / %: $493,000 / 100%
  • Gross Yield: 8.286%
  • APN: 071C-06D-019
  • Situs County: Madison
  • Length Of Ownership: 12 years, 8 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Rock, Stone
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 3,483/SqFt
  • Lot: 34,570/SqFt
  • Gross: 3,122/SqFt
  • Living: 3,122/SqFt
  • Building: 3,483/SqFt
  • Ground: 3,122/SqFt

Legal Description

  • Description: LOT 55 LAKE LORMAN PART 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 32.475025 / -90.22989
  • Subdivision: Lake Lorman Pt 2
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 7133
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1

HOA

  • H O A One: $500
  • H O A Amount: $500
  • H O A One Type: Planned Unit Development

Ownership Info

242 Cedar Ridge Dr has no associated ownership info
242 Cedar Ridge Dr has no associated ownership info.

Taxes

242 Cedar Ridge Dr has 9 associated Taxes items

242 Cedar Ridge Dr, Madison, MS pays taxes in Madison County, MS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $29,567. The APN we've located for 242 Cedar Ridge Dr is 071C-06D-019.

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Taxes
  • Assessed Value:  $29,567
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  071C-06D-019
  • Market Land Value:  50000
  • Tax Amount:  3083.84
  • Tax Year:  2025
  • Market Value:  197110
  • Market Year:  2025

Tax History

242 Cedar Ridge Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,567 Land Value Improvement Value Tax Amount $3,083.84 Change Rate +0.039881% Assessed CR Tax Rate +0.1043%
Year 2024 Assessed Value $29,567 Land Value Improvement Value Tax Amount $2,965.57 Change Rate Assessed CR Tax Rate +0.1003%
Year 2023 Assessed Value $29,567 Land Value Improvement Value Tax Amount $2,965.57 Change Rate +0.050693% Assessed CR Tax Rate +0.1003%
Year 2022 Assessed Value $28,713 Land Value Improvement Value Tax Amount $2,822.49 Change Rate +0.036495% Assessed CR Tax Rate +0.0983%
Year 2021 Assessed Value $27,702 Land Value Improvement Value Tax Amount $2,723.11 Change Rate Assessed CR Tax Rate +0.0983%
Year 2020 Assessed Value $27,702 Land Value Improvement Value Tax Amount $2,723.11 Change Rate Assessed CR Tax Rate +0.0983%
Year 2019 Assessed Value $27,702 Land Value Improvement Value Tax Amount $2,723.11 Change Rate +0.004897% Assessed CR Tax Rate +0.0983%
Year 2018 Assessed Value $27,567 Land Value Improvement Value Tax Amount $2,709.84 Change Rate +0.014724% Assessed CR Tax Rate +0.0983%
Year 2017 Assessed Value $27,167 Land Value Improvement Value Tax Amount $2,670.52 Change Rate +0.042309% Assessed CR Tax Rate +0.0983%
Year 2016 Assessed Value $27,167 Land Value Improvement Value Tax Amount $2,562.12 Change Rate Assessed CR Tax Rate +0.09431%
Year 2015 Assessed Value $27,167 Land Value Improvement Value Tax Amount $2,562.12 Change Rate +0.051273% Assessed CR Tax Rate +0.09431%
Year 2014 Assessed Value $25,842 Land Value Improvement Value Tax Amount $2,437.16 Change Rate Assessed CR Tax Rate +0.09431%