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5240 Wedgewood Dr; Olive Branch, MS Property Details

5240 Wedgewood Dr, Olive Branch, MS is a Single Family that was built in 2001. This property is currently a cash purchase and is not for sale. Our records show that 5240 Wedgewood Dr has 4 bedrooms, and a total of 5,088 square feet. The lot size of 5240 Wedgewood Dr is 50,965 square feet.

Off market  •   Bankruptcy ✓
5240 Wedgewood Dr Olive Branch, MS 38654
$40,206 Estimated Value
4 Beds
5,088 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Est. Equity / %: $546,000 / 100%
  • Gross Yield: 11.516%
  • APN: 1-07-7-36-02-0-00035-00
  • Situs County: Desoto
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 9

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Hip
  • Pool Type: Yes
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 5,088/SqFt
  • Lot: 50,965/SqFt
  • Living: 4,956/SqFt
  • Building: 5,088/SqFt
  • Ground: 2,626/SqFt

Legal Description

  • Description: WEDGEWOOD S-D SEC A LOT 35
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: DeSoto County School District
  • Lat / Lon: 34.95822 / -89.89706
  • Subdivision: Wedgewood S-D
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: RES

Amenities

  • Pool: true
  • Plus Four: 6617

HOA

  • H O A One: $650
  • H O A Amount: $650
  • H O A One Frequency: Annual
  • H O A One Name: Wedgewood
  • H O A One Type: Home Owner Association

Ownership Info

5240 Wedgewood Dr has no associated ownership info
5240 Wedgewood Dr has no associated ownership info.

Taxes

5240 Wedgewood Dr has 10 associated Taxes items

5240 Wedgewood Dr, Olive Branch, MS pays taxes in Desoto County, MS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $40,206. The APN we've located for 5240 Wedgewood Dr is 1-07-7-36-02-0-00035-00.

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Taxes
  • Assessed Value:  $40,206
  • Assessed Year:  2025
  • Assessed County:  Desoto
  • APN:  1-07-7-36-02-0-00035-00
  • Assessed Land Value:  3000
  • Market Land Value:  30000
  • Tax Amount:  3787.02
  • Tax Year:  2025
  • Market Value:  402052
  • Market Year:  2025

Tax History

5240 Wedgewood Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,206 Land Value $3,000 Improvement Value $37,206 Tax Amount $3,787.02 Change Rate -0.151598% Assessed CR Tax Rate +0.09419%
Year 2024 Assessed Value $40,206 Land Value $3,000 Improvement Value $37,206 Tax Amount $4,463.71 Change Rate +0.212678% Assessed CR Tax Rate +0.111021%
Year 2023 Assessed Value $34,470 Land Value Improvement Value Tax Amount $3,680.87 Change Rate Assessed CR Tax Rate +0.106785%
Year 2022 Assessed Value $34,470 Land Value $3,000 Improvement Value $31,470 Tax Amount $3,680.87 Change Rate Assessed CR Tax Rate +0.106785%
Year 2021 Assessed Value $34,470 Land Value $3,000 Improvement Value $31,470 Tax Amount $3,680.87 Change Rate Assessed CR Tax Rate +0.106785%
Year 2020 Assessed Value $34,470 Land Value $3,000 Improvement Value $31,470 Tax Amount $3,680.87 Change Rate Assessed CR Tax Rate +0.106785%
Year 2019 Assessed Value $34,470 Land Value $3,000 Improvement Value $31,470 Tax Amount $3,680.87 Change Rate Assessed CR Tax Rate +0.106785%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,680.87 Change Rate -0.146471% Assessed CR Tax Rate
Year 2017 Assessed Value $64,238 Land Value $33,619 Improvement Value $30,619 Tax Amount $4,312.53 Change Rate -0.06504% Assessed CR Tax Rate +0.067134%
Year 2016 Assessed Value $33,619 Land Value $3,000 Improvement Value $30,619 Tax Amount $4,612.53 Change Rate Assessed CR Tax Rate +0.1372%
Year 2015 Assessed Value $64,238 Land Value $33,619 Improvement Value $30,619 Tax Amount $4,612.53 Change Rate +0.069565% Assessed CR Tax Rate +0.071804%
Year 2014 Assessed Value $33,619 Land Value Improvement Value Tax Amount $4,312.53 Change Rate Assessed CR Tax Rate +0.128277%
Year 2013 Assessed Value $33,619 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,599.11 Change Rate Assessed CR Tax Rate