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$25,997  $19,945.12

1.88 acres | Residential Zoning

Located on the northern side of Jackson is a rare plot of land. This stunning 1.88-acre parcel is a large lot for the area with utilities available nearby and plenty of neighbors to visit. The property backs up to the railroad tracks and is just 2 miles from Lake Hico. This bustling area has everything you need to settle down and get ahead. Don’t let this opportunity pass you by. Act now!

Land Specifics Foreclosed

Property Number 12421
Size 1.88 acres
Dimensions 322' x 304.5' x 290' x 304.5'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R-3 (Medium Density Multi-Family Residential District)
Zoning Definition

R-3 (Medium Density Multi-Family Residential District):
The purpose of this District is to provide areas for the development of two-to-four-family townhouse subdivisions within moderately spacious surroundings. The use of this District is appropriate as a transition zone between lower density residential Districts (R-1 and R-2) and higher density residential Districts (R-5), commercial uses or arterial streets (as reflected in the adopted Hinds County Comprehensive Plan Transportation Element) that are not compatible with low-density residential environment. These Districts should be located only in those areas of Hinds County depicted as "Medium Density Residential" areas on the adopted Land Use Plan.

Two-family, three-family or four-family townhouses. Townhouses are individual residential units that are part of a townhouse subdivision in which the occupant owns both the individual townhouse units and the lot on which the townhouse is constructed; property lines between such townhouses extend through the center of party walls separating the individual single-family dwellings.

On Property Usage/Potential
  • Homesite
Nearby Usage
  • Investment
  • Commercial

Location

County Hinds
State Mississippi
Property Video Tour
Other Maps

Additional Information

Assessor Parcel Number (APN) 54 40
Estimated Annual Taxes $324.80
Legal Description

LOTS 28 & 29 LESS TO DAY & WELLS & GRAUER & LESS TRI LOT IN THE NE COR LOT 29 BLK L NORTHVIEW ADDN PT 2 P# 54-40 Subdivision: Northview Addition Parcel No.: 5440 Hinds County, First Judicial District, Mississippi

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Finance Terms

Foreclosed
Original Price $25,997
Purchase Price $19,945.12
Interest Rate 11.7%
Loan Term 8 years
Total Monthly Payment $357.93

Due Today

Cost to Bring Current $350.45
Down Payment $0.00
Document Fee $0.00
Transfer Tax $0.00
Total Due Today: $350.45

Pay in Full Terms

Foreclosed
Original Price $25,997
Purchase Price $19,945.12
Your Pay in Full Discount -$3,989.02
Your Price Today = $15,956.10
Document Fee + $299.00
Cost to Bring Current + $350.45
Transfer Tax + $0.00
Total Due Today $16,605.55
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