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180 E Park Avenue
Holly Springs, MS 38635
$419,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3880
Property Description
Welcome to HILLTOP, a wonderfully updated and charming historic home in downtown Holly Springs. Built in 1858, the home is nestled at the top of what was once a natural spring that gave the city its name and is now a paved walking park. Much energy and dedication has been put into preserving and maintaining the historic aspects of the property; the sellers have even won multiple preservation awards for their work. You will appreciate the grandeur of the soaring 14 foot ceilings and impressive 11 foot doors downstairs. The sellers have made many updates and custom designs to this unique home; it's COMPLETELY move-in ready for its next owners.Through the double leaf front doors, you'll enter a formal foyer with a 1920s era chandelier. To the right, you'll find the formal living room and dining room, both with fireplaces (non-functioning). To the left of the foyer, you'll find the library and the primary bed and bath.The library is one of the stand-out features of this home. Offering a custom-built chandelier, functioning gas fireplace, a custom, built-in bookcase that hides a TV sitting on a shelf on a lift (conveys with the home), and a library ladder to reach those high shelves, you can enjoy many afternoons or evenings cuddled up with a favorite novel surrounded by the peace and comfort of your own private collection.You'll find the primary bath off the library and the primary bedroom through the next doorway. The bedroom offers a non-functioning fireplace as well as a Venetian-style glass chandelier. Across the central hallway, you'll find a modern, eat-in kitchen with granite countertops, impressive custom-built cabinetry, GE appliances, and a coffee bar. In the hallway, you'll find the half-bath for guests as well as the mudroom/laundry room for convenient, everyday entry to the home. The mudroom offers plenty of storage with more custom-built storage and hidden cat boxes.Up the u-shaped flight of stairs, you'll find a spacious landing area, the second full bathroom, 2 large bedrooms, and a large storage room.Outdoors, imagine watching the setting sun from your custom-tiled front porch, complete with a haint-blue ceiling and plenty of space to sit a spell with friends. The entire lot is fully fenced, with the lot being divided into 3 sections - the front, the immediate back, and further back behind the garages. There is a dog run between the two back yards, making it very convenient for your outdoor pets. Enjoy the fenced, raised garden beds, the firepit, and 2 2-car garages with power. There are mature pecan trees, a young maple tree, crepe myrtles and hedges along the back west fence, and ninebark shrubs on the west side of the newer garage. The property also offers a 3 car carport - plenty of space for vehicles, toys, and storage!The sellers have done plenty of updates and upgrades, including recently painting the exterior on the south and west sides in April 2024 (the east and north sides were painted in fall 2023), painting the primary bedroom, reglazing windows, installing new landscaping and mulch, adding blown-in insulation approx. 10'' deep, and a new roof in 2021 (3 years old). All the bulbs in the house are LED and on dimmers. The 3 HVAC units are on digital thermostats with a schedule; the sellers say the utility bill is pretty reasonable. The custom trim work throughout much of the home is original, with embellishments added over time. The sellers kept all the panels and lace sheers that go with the silk window dressings; those will convey with the property.Come out and see this impressive historic property for yourself. Call your favorite agent today to schedule a showing!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1858
MLS Number
4073548
Location
Address
180 E Park Avenue
City
Holly Springs
State
MS
Zip Code
38635
County
MARSHALL
Listing
Provider
Coldwell Banker Collins-Maury, original listing
Name
Coldwell Banker Collins-Maury
Phone
(662) 548-2000
Office Name
Coldwell Banker Collins-Maury Southaven
Office Phone
(662) 548-2000
Agent Name
Amanda V Linton

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.