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518 College St, Columbus, MS, 39701

5beds
5baths
4,216sqft
$485,000
$115price/sqft
$4,382/moest. monthly cost
$175,280/yrincome needed

About This Home

Stately antebellum home offering 5 bedrooms and 4.5 bathrooms with timeless Southern character. Features include high ceilings, dual staircases at the front foyer and rear entry, a screened front porch with street views, an in-ground pool, and a detached guest house. The pool cabana includes an additional outdoor fireplace. Located downtown, convenient for walking to restaurants and shopping. Property Features: -5 Bedrooms -4.5 Bathrooms -Historic antebellum architecture -High ceilings -Pool cabana with outdoor fireplace -Grand front foyer staircase -Secondary rear staircase -Screened front porch -In-ground swimming pool -Detached guest house -Spacious floor plan

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

3/10
Franklin AcademyGrades PK-50.3 mi
3/10
Columbus Middle SchoolGrades 6-84.9 mi
3/10
Columbus High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1841

Materials

  • Foundation: Conventional
  • Roof: Architectural
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Antebellum
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Disposal,Dishwasher,Cooking Unit

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Window features: Wood Frames
  • Flooring: Hardwood
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 4,216
  • Total interior livable area: 4,216 sqft

Property

Details

  • Parcel number: 61W460003000

Features

  • Pool features: In Ground
  • Patio & porch: Patio,Porch,Screened
  • Fencing: Back Yard,Front Yard
  • Waterfront features: None

Lot

  • Lot size: 0.26 Acres
  • Lot size dimensions: 69 x 165

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

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Lightning
Strong Wind
Earthquake
Hail
Ice Storm

FEMA Declared Disasters in Lowndes 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 $2,452$29,424
Home Insurance *$1,320$15,840
Property Taxes $218$2,616
Electricity $392$4,704
Total$4,382$52,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,240/yr
40% on housing$131,460/yr
45% on housing$116,853/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: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -4.5%
-4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$115This listing

vs Other Active Listings

Avg $/sqft

ZIP 39701$96
Lowndes County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 39701$98
Lowndes County$145

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)

Price History

DateEventPrice
2026-07-24Listed for sale$485,000
2026-01-01Listing removed$650,000
2025-08-02Listed for sale$650,000
1996-06-07Sold--

For Sale by Agent

AgentHEATHER MADISON
BrokerageHOMETOWN REALTY (BOF)

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