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2862 Wallace Dr SW, Bogue Chitto, MS, 39629

4beds
2baths
1,920sqft
$225,000
$117price/sqft
$1,634/moest. monthly cost
$65,360/yrincome needed

About This Home

Located in the highly sought-after Bogue Chitto School District, this property offers approximately 7 acres with a 4-bedroom, 2-bath mobile home. Enjoy the peace and privacy of country living while being just 15 minutes from Summit, McComb, and Brookhaven. Whether you're looking for a place to call home or a small acreage investment, this property offers plenty of space and a great location

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

5/10
Bogue Chitto SchoolGrades PK-124.6 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Vinyl

Type & Style

  • Home type: MobileManufactured
  • Property subType: Residential,Mobile Home

Interior

Appliances

  • Appliances included: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Property

Details

  • Parcel number: 75417018.04,

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 7 Acres
  • Features: Many Trees

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Drought
Hail
Hurricane
Heat Wave
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Lincoln County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$199$2,388
Property Taxes $106$1,272
Electricity $192$2,304
Total$1,634$19,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,022/yr
40% on housing$49,020/yr
45% on housing$43,573/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 11.8%
11.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 39629$277
Lincoln County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 39629$150
Lincoln County$91

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-09Price change$225,000
2025-11-10Listed for sale$250,000

For Sale by Agent

AgentBrady Hodge
BrokeragePosey Land Company LLC DBA MOSSY OAK PROPERTIES

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