117 N Railroad Ave Petal MS 39465

VALUATION WORKBOOK
117 N Railroad Ave, Petal, MS 39465

Ni c k | | |
Pre se n t e d b y
| | | | | | | | | | |
Donielle Breland REALTOR®

Mississippi Real Estate License: S-54570
File ID: 117 N Railroad Ave, Petal, MS 39465
Wo rk : ( 601 ) 347 - 5275 | M o b i l e : ( 601 ) 347 - 5275 |

| | | | | | | | | | | | | | | | | | | | | | | | |
Let me know if you have any Fa x : ( 601 ) 261 - 3239 | Fa x : ( 601 ) 261 - 3239
| | | | | | | | | | | | | | | | | | | | | |
questions. According to comps, it M a i n : d o n i e l l e b re l a n d @g m a i l . c o m |

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
just depends on how much money Ot h e r 1 : h e a t h e r. v i n e s@h o t m a i l . c o m |

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
you would need to put in property M a i n : d o n i e l l e b re l a n d @g m a i l . c o m

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
to fix it on if it would be worth the Of f i c e : h t t p : / / www. v i n e s- re a l t y . c o m |

| | | | | | | | | | | | | | | | | | | | | | | | | | |
investment. It shows that fixed it Of f i c e : h t t p : / / www. v i n e s- re a l t y . c o m

| | | | | | | | | | | | | | | | | | | | | | | | | | |
would sell for 109K according to

other comps VINES REALTY & LAND
2516 O l d H i g h w a y 24 | | | | | | | | | | | | | |
H a t t i e s b u r g, M S 39402
| | | | | | | | | | | | | |
Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Information is not guaranteed. Equal Housing Opportunity. 11/4/2022
117 N Railroad Ave, Petal, MS 39465MLS Name: Hattiesburg Area AssociationListing Date: 9/21/2022
of REALTORS® MLS
MLS Listing ID: 131067
Legend: Subject Property
Active Active: 9/21/2022
Result of Sales Comparison Analysis List Price

$109,660 (or $74 / sq ft) $59,900
Active Date: 9/21/2022
Last Analysis Update: 11/4/2022
Listing ID: 131067
$71.9K – $142K
(or $49 – $96 / sq ft) Current Estimated Value
Number of Comps Chosen $57,530

10 Last RVM® Update: 10/25/2022
Days in RPR: 44
Comps Range RVM® Est. Range: $55.8K – $59.3K
$79.9K – $157K RVM® Confidence:
RVM® Change - Last 1 Month: –
RVM® Change - Last 12 Months: 16.48%
This report contains data and information that is publicly available and/or licensed from third parties and is provided to you on an "as is"
and "as available" basis. The information is not verified or guaranteed. Neither this report nor the estimated value of a property is an
appraisal of the property. Any valuation shown in this report has been generated by use of proprietary computer software that
assembles publicly available property records and certain proprietary data to arrive at an approximate estimate of a property's value.
Some portions of this report may have been provided by an RPR user; RPR is not responsible for any content provided by its users. RPR
and its information providers shall not be liable for any claim or loss resulting from the content of, or errors or omissions in, information
contained in this report.

Homeowner Facts
Owner Name (Public) Busby Cynthia Cole & James Jr
Mailing Address 117 N Railroad Ave Petal MS 39465-2139
Owner Occupied Yes

117 N Railroad Ave, Petal, MS 39465MLS Name: Hattiesburg Area AssociationListing Date: 9/21/2022
of REALTORS® MLS
Home Facts Public Facts Listing Facts Refinements
Sale/Finance Concession – – –
Property Type Single Family Single Family Single Family
Property Subtype Single Family Residential Single Family –
Total Rooms – – –
Total Rooms Above Grade – – –
Bedrooms – 3 3
Bedrooms Above Grade – – –
Building Size sq ft range (low) – – –
Building Size sq ft range (high) – – –
Total Baths – 1.0 1.0
Total Baths Above Grade – – –
Full Baths – 1 1
Full Baths Above Grade – – –
Partial Baths – – –
Partial Baths Above Grade – – –
Living Area (sq ft) 1,533 – 1,474
Living Area Above Grade (sq ft) – – –
Basement (sq ft) – – –
Finished Rooms Below Grade – – –
Lot Size – – –
Lot Dimensions – 150x210 –
Garage – None –
Garage (sq ft) – – –
Pool – – –
Location – – –
Tenure – – –
View – – –
View Factors – – –
Style – – –
Quality of Construction – – –
Year Built 1946 1946 –
Age 76 76 –
Condition – – –
Functional Utility – – –
Heating Features – Space Heater –
Cooling Features – Window Units –
Energy Efficient Items – – –
Porch/Patio/Deck – – –
Roofing Features Asphalt Metal –
Fireplaces – – –
Basement Features – No –
Foundation Features Concrete Raised –
Construction Features Wood Wood Siding –
Exterior Wall Features Wood Shingle – –
Number of Buildings – – –
Number of Units 0 – –
Number of Stories – One Story –
Public Remarks

Here's your opportunity to put your personal stamp on this cute bungalow in the heart of Petal. PERFECT for flipper's and investors! Home comes with 3 lots,
ideal to add a duplex or income producing property. Current owner has added a brand new metal roof and a nice deck off the back. The home has been framed
on the inside and ready for your HGTV touches. Call your favorite realtor for your showing ASAP!

Listing Date: 9/21/2022

Extended Home Facts MLS Name: Hattiesburg Area Association of REALTORS® MLS
Location Details
Directions to Property Central Ave. Turn by Furniture World on the corner and across from R/R tracts. House will be on the right.
Subdivision None


Property Photos MLS Name: Hattiesburg Area Association of REALTORS® MLS
FRONT VIEW
FRONT VIEW
Exterior Exterior

Exterior Exterior Exterior


Historical Photos MLS Name: Hattiesburg Area Association of REALTORS® MLS
IMG_0355
IMG_4109 IMG_2253 IMG_3678
IMG_6991 IMG_0501 IMG_2315

IMG_2757 IMG_2759
IMG_2758
IMG_2760 IMG_2761 IMG_2762
IMG_2764 IMG_2766 IMG_2767

Property History
Legal Description
APN: 3-022N-35-100.00
Tax ID: –
Zoning: –
Abbreviated Description: SUBD:EAST HATTIESBURG SUB AND STEVE SEC/TWN/RNG/MER:SEC 35 TWN 05N RNG 13W LOT 43 BLK 1 E
HATTIESBURG S/D B504 P383 2/82 D538 P316 5/15/84 PREV #P62520053 DB 731 PG 231 5/95 DB 776 PG 746 8/97
Census Tract: 280350103.001042
City/Municipality/Township: –
Tax and Assessed Values

Date Improvements Land Total Tax
2021 – + – = $4,859 –
2020 – + – = $4,719 –
2019 – + – = $4,719 $817
2018 – + – = $4,719 $817
2017 – + – = $4,719 –
2016 – + – = $4,747 –
2015 – + – = $4,747 $811
2014 – + – = $4,747 $804
2013 – + – = $4,747 –
2012 – + – = $4,498 –
2011 – + – = $2,998 $379
2009 – + – = $3,258 –
2008 – + – = $2,063 –
2007 – + – = $2,063 –
2006 – + – = $2,063 –
2005 $17,020 + $3,610 = $20,630 –

Sales and Financing Activity

This chart shows a property's sales and financing history. It can be used to compare the value of the property as seen by public records, such as deeds and tax
records, with the estimated home value. Actions taken against the owner, such as the issuance of a Notice of Default, are noted. Sales activity, such as listing
date and price reductions, are highlighted.
Listing Financing Distressed Assessed Assessor Refined Sales Est.

KEY Sale Activity Activity Actions Value Market Value Comp Loan
Value Valuation Balance
Data Source: Public Record and Listing data

Update Frequency: Valuations are updated twice monthly; actions on the home, such as listing activity or distressed property notices, are updated daily as made
available from public records sources

Aerial Map
Birdseye Map

Flood Zone
This property is in Flood Zone: AE
High Risk
The base floodplain where base flood elevations are provided. AE Zones are now used on new format FIRMs instead of A1-A30 Zones.
Flood Map
This map layer shows an area’s flood zone designation as determined by the Federal Emergency Management Agency (FEMA). A high-risk area has a 1 percent
or greater annual chance of flooding and a 26 percent chance of flooding over the life of a 30-year mortgage. High-risk areas are red or orange. The coast areas,
shown in purple, are also considered high risk. Green areas are low to moderate risk. A moderate-risk area is between risk limits of a 100-year and 500-year flood.
White areas are undetermined, and all other areas are considered no or low risk. For more details on the categories of flood risk, see <a
href="https://blog.narrpr.com/support/what-is-the-flood-zone-heat-map/" target="_blank">https://blog.narrpr.com/support/what-is-the-flood-zone-heat-map/</a>.
Source(s): FEMA; updated Annually.

Sales Comparables Analysis Summary

Result of Sales Comparison Analysis Number of Comps Chosen
$109,660 (or $74 / sq ft) 10
Last Analysis Update: 11/4/2022
Comps Range
$71.9K – $142K $79.9K – $157K
(or $49 – $96 / sq ft)
Current Range of Comparable Homes

Compares the estimated value of the subject property with the comps selected in the Sales Comparison Analysis.
Comps:
Subject Property (Appraisal Price)
For Sale (List Price)
#10,1 #9 #8,5 #3,6 #4 #2 #7
Pending (List Price)
Recently Closed (Closed Price)
Distressed (List Price) $63K $110K $151K
Pending Distressed (List Price) Subject
Off Market (Estimate)

Local Market Conditions: Summary

The Local Market Conditions tables summarize trends and statistics in the local market: properties similar in size in the area around the subject property in the
Sales Comparison Analysis.
Results shown in this report are derived from a search of MLS records for 2 to 4 bedroom, – to 2 bathroom, 1,105 to 1,843 sq. ft., single family listings located
within 0.8 miles of the subject property.
Trend Trend
(span) (span)
Inventory Analysis Last 7-12 Months Last 4-6 Months Last 3 Months Trend
(6-month period) (3-month period) (3-month period) (Total)
Sales 22 109% 12 83% 10 91%
Absorption Rate (sales/month) 3.67 109% 4 83% 3.33 91%
Total # of Active Listings (on last day) 7 129% 9 67% 6 86%
Months of Housing Supply 1.9 118% 2.3 80% 1.8 94%
Median Comp Sales Price $129,900 115% $128,250 107% $136,700 126%
Median Comp Sales Days in RPR 50 142% 71 93% 66 132%
Median Comp Listing Price $89,900 167% $149,900 109% $163,800 182%
Median Comp Listing Days in RPR – – – – – –
Median Sales Price as % of List Price 1% 100% 1% 100% 1% 100%
Comparable Properties Currently Sales Within the

for Sale Last 12 Months
in Local Market
Count 4 10
Range $59.9K – $317K $80K – $316K
Average $185,450 $160,808
Median $182,700 $136,700
Property Attributes Minimum Maximum Average

Year Built 1915 2022 1964
Living Area (sq ft) – 2,201 1,325
Lot Size – – –
# Samples 52 – –

Local Market Conditions: Sales of Similar-Size Properties

These tables show the sales trends for properties similar in size in the area around the subject property in the Sales Comparison Analysis, calculated in variations
that include and exclude distressed listings.
Trend Trend
(span) (span)
INCLUDING Last 7-12 Months Last 4-6 Months Last 3 Months Trend
Distressed Listings (6-month period) (3-month period) (3-month period) (Total)
Sales 22 109% 12 83% 10 91%
WITHOUT Distressed
Listings
Sales 22 109% 12 83% 10 91%
ONLY Distressed Listings

Sales – – – – – –
Absorption Rate (sales/month) – – – – – –
Total # of Active Listings (on last day) – – – – – –
Months of Housing Supply – – – – – –
Median Comp Sales Price – – – – – –

Median Comp Sales Days in RPR – – – – – –
Median Comp Listing Price – – – – – –
Median Sales Price as % of List Price – – – – – –

Price per Square Foot

This graph compares the local market's
median estimated home value per
square foot with sample properties in the
market.
Price / sq ft
Trend
Median Sales Price

This graph compares the local market's
median sales price with the sales price
for the sample properties in the market.
Sale Price
Trend
Total Sales and Listings

This graph compares the number of sales
with the number of listings in the local
market.
Listings
Sales
List Price vs. Sales Price

This graph compares the median listing
price with the sales price in the local
market.
Listing Price
Sales Price

Median Days in RPR

This graph displays the median days in
RPR in the local market.
Days in RPR
Sales Price vs. RVM

This graph compares the sales price with
the RVM in the local market.
RVM
Sales Price
Months Supply of Housing

Inventory
This chart shows the trend in housing
inventory in the local market.
Inventory
Absorption Rate
This chart shows the trend in absorption
rate in the local market.
Absorption Rate

General Market Health Charts

Median Estimated Home Value
vs. Median Listing Price
This chart compares a ZIP code's median
estimated home value with the median
listing price of Active listings. Estimated
home values are generated by a
valuation model and are not formal
appraisals.
Data Source: Public Record and Listing
data
Update Frequency: Monthly
Median Estimated Value
Median List Price
Median Sales Price vs. Sales

Volume
This chart compares the listings and
public records sales price trend and sales
volume for homes in an area.
data
Median Sales Price
Public Records
Median Sales Price
Listings
Sales Volume
Public Records
Sales Volume
Listings

Median Listing Price vs. Listing

Volume
This chart compares the listings and
public records sales price trend and sales
volume for homes in an area.
data
Median List Price
Listing Volume
Listing Inventory
This chart shows the number of For Sale
listings in a ZIP code by Property Type.
Data Source: On- and off-market listings
sources
Update Frequency: Daily
ZIP Count Listings by PropertyType
Price per Bedroom of Comps

Sold
This chart shows the distribution of
homes reported sold in the past six
months at different prices per bedroom in
the area of your search. The amount
shown for the subject property is sold
data where available, or the property's
estimated value when sales data are
unavailable (such as a non-disclosure
state) or provided in range format.
Data Source: Public records and MLS
data where licensed
This Property
Comps

Median Sales Price by Square

Footage
This chart shows the median price of
homes reported sold in the past six
months, according to the size of the
living space (square footage sourced
from public records). The amount shown
for the subject property is sold data where
available, or the property's estimated
value when sales data are unavailable
(such as non-disclosure states) or
provided in range format.
Data Source: Public records and MLS
data where licensed
This Property
Comps
Price Range of Comps Sold

homes reported sold in the past three
months within different price ranges in
the area of your search. The amount
shown for the subject property is sold
data where available, or the property's
estimated value when sales data is
unavailable (such as a non-disclosure
state) or provided in range format.
Data Source: Public records data
This Property
Comps
Price per Square Foot of

Comps Sold
months at different prices per square foot.
This Property
Comps

Age Range of Comps Sold

months of different age ranges in the
area of your search.
This Property
Comps
Inventory of Distressed
Listings
This chart shows the count of distressed
properties (all stages of foreclosure) that
are for sale in a ZIP code.
Data Source: MLS data where licensed
Inventory of Distressed Listings
Estimated Home Values
This map layer shows the average estimated home values, based on the AVMs and RVMs® for properties in an area. Source(s): Public records and MLS data
where licensed.
12-Month Change in Estimated Value

This map layer shows the change in estimated home values over the past 12 months, based on the AVMs and RVMs® for properties in an area. Source(s): Public
records and MLS data where licensed.

Estimated Value per Square Foot
This map layer shows average estimated value per square foot of homes, based on the AVMs and RVMs® for properties in an area. Source(s): Public records and
MLS data where licensed.

Market Snapshot: All Single Detached Homes Within 0.8 miles

LEGEND: Subject Property Pending For Sale or For Lease Distressed Recent Sale
Last 7-12 Months Last 4-6 Months Last 3 Months

(6-month period) (3-month period) (3-month period)
Active Listings 7 9 6
Pending Sales – – –
Expired Listings 1 – –
Recent Sales 22 12 10
Distressed Properties – – –

Active Listings: 6
Living Lot Price

Prop Bed Area Size Year Listing Listing Per
Address Status Date Listing ID Type /Ba (sq ft) (sq ft) Built Date Price Sq Ft
Listing Courtesy of Hattiesburg Area Association of REALTORS® MLS
103 Wilson Dr Active 10/31/2022 131458 Single Family 3/1 1,113 sqft – 1949 10/31/2022 $109,900 $99

111 Mckinnon St Active 10/18/2022 131353 Single Family 3/2 – – 2022 10/18/2022 $217,700 –

117 N Railroad Ave Active 9/21/2022 131067 Single Family 3/1 1,533 sqft – 1946 9/21/2022 $59,900 $39

71 Castlewoods Way Active 8/8/2022 130653 Single Family 3/2 1,679 sqft – 2022 8/8/2022 $285,500 $170

42 Castlewoods Way Active 6/23/2022 130011 Single Family 4/2 1,860 sqft – 2022 6/23/2022 $316,500 $170

201 Bell St Active 2/26/2016 103640 Single Family 4/1 1,376 sqft – 1952 2/26/2016 $79,900 $58

Recent Sales: 10
Living Lot Price

Prop Bed Area Size Year Listing Closed Per
Address Status Date Listing ID Type /Ba (sq ft) (sq ft) Built Date Price Sq Ft
307 Ford Dr Closed 10/21/2022 130997 Single Family 3/1 1,068 sqft – 1960 9/15/2022 $133,500 $125

76 Castlewoods Way Closed 10/21/2022 131274 Single Family 3/2 1,871 sqft – 2022 10/11/2022 $316,176 $169

109 W Fourth Ave Closed 10/7/2022 130575 Single Family 4/2 2,091 sqft – 1955 8/3/2022 $80,000 $38

206 Stevens St Closed 9/30/2022 130550 Single Family 3/1 1,376 sqft – 1952 7/30/2022 $83,000 $60

203 Waller St Closed 9/30/2022 130405 Single Family 4/2 1,758 sqft – 1970 7/21/2022 $175,000 $100

127 W Cherry Dr Closed 9/29/2022 130180 Single Family 3/1 1,210 sqft – 1945 7/8/2022 $139,900 $116

607 S George Ave Closed 9/28/2022 130713 Single Family 3/2 1,378 sqft – 1950 8/16/2022 $124,000 $90

711 Holmes St Closed 9/13/2022 130621 Single Family 3/1 951 sqft – 1954 8/8/2022 $124,500 $131

204 Willow St Closed 9/13/2022 130202 Single Family 3/2 1,792 sqft – 1965 7/7/2022 $165,000 $92

67 Castlewoods Way Closed 8/18/2022 130014 Single Family 3/2 1,594 sqft – 2022 6/23/2022 $267,000 $168


117 N Railroad Ave Petal MS 39465

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VALUATION WORKBOOK

117 N Railroad Ave, Petal, MS 39465

Donielle Breland REALTOR®

Wo rk : ( 601 ) 347 - 5275 | M o b i l e : ( 601 ) 347 - 5275 |

questions. According to comps, it M a i n : d o n i e l l e b re l a n d @g m a i l . c o m |

just depends on how much money Ot h e r 1 : h e a t h e r. v i n e s@h o t m a i l . c o m |

you would need to put in property M a i n : d o n i e l l e b re l a n d @g m a i l . c o m

to fix it on if it would be worth the Of f i c e : h t t p : / / www. v i n e s- re a l t y . c o m |

investment. It shows that fixed it Of f i c e : h t t p : / / www. v i n e s- re a l t y . c o m

would sell for 109K according to

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Legend: Subject Property

Active Active: 9/21/2022

Result of Sales Comparison Analysis List Price

Number of Comps Chosen $57,530

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Listing Date: 9/21/2022

Legend: Subject Property

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Listing Date: 9/21/2022

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Exterior Exterior Exterior

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Listing Date: 8/5/2020

IMG_4109 IMG_2253 IMG_3678

IMG_6991 IMG_0501 IMG_2315

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

IMG_2760 IMG_2761 IMG_2762

IMG_2764 IMG_2766 IMG_2767

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Tax and Assessed Values

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Sales and Financing Activity

Listing Financing Distressed Assessed Assessor Refined Sales Est.

Data Source: Public Record and Listing data

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Legend: Subject Property

Legend: Subject Property

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Sales Comparables Analysis Summary

Current Range of Comparable Homes

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Local Market Conditions: Summary

Comparable Properties Currently Sales Within the

Property Attributes Minimum Maximum Average

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Local Market Conditions: Sales of Similar-Size Properties

ONLY Distressed Listings

Median Comp Sales Price – – – – – –

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Price per Square Foot

Median Sales Price

Total Sales and Listings

List Price vs. Sales Price

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.

Median Days in RPR

Sales Price vs. RVM

Months Supply of Housing

Copyright 2022 Realtors Property Resource® LLC. All Rights Reserved.