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512 E Franklin St, Carthage, MS, 39051

3beds
1baths
1,397sqft
$197,000
$141price/sqft
$1,429/moest. monthly cost
$57,160/yrincome needed

About This Home

Step into timeless Southern charm with this beautifully maintained 3-bedroom, 1-bath home situated on a spacious corner lot in the heart of Carthage. Featuring original hardwood floors, a large living room with fireplace, formal dining room with French doors. This home blends vintage character with modern conveniences. Call today to schedule an appointment!! (Note: the Seller is related to the Agent.)

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

3/10
5/10
Leake Central High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 1939

Materials

  • Foundation: Conventional
  • Roof: Asphalt
  • Construction materials: Brick,Siding,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Cooktop,Gas Water Heater,Microwave,Oven,Refrigerator,Washer,Water Heater
  • Laundry features: Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Entrance Foyer,Pantry,Storage
  • Door features: French Doors
  • Window features: Insulated Windows,Wood Frames
  • Flooring: Vinyl,Wood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace(s),Natural Gas,Space Heater
  • Cooling features: Central Air,Gas

Interior Area

  • Total structure area: 1,397
  • Total interior livable area: 1,397 sqft

Property

Details

  • Parcel number: 09101de08

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: None
  • Exterior features: Other
  • Waterfront features: None

Lot

  • Lot size: 0.53 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Carport,Concrete,Paved
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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

  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm
Winter Weather
Drought

FEMA Declared Disasters in Leake 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 $996$11,952
Home Insurance *$186$2,232
Property Taxes $55$660
Electricity $192$2,304
Total$1,429$17,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,994/yr
40% on housing$42,870/yr
45% on housing$38,106/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: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 39051$98
Leake County$109

vs Homes Sold Last Month

Median $/sqft

ZIP 39051
Leake County$128

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
2026-06-14Price change$197,000
2026-05-30Listed for sale$207,000
2020-10-02Sold--
2020-09-01Pending sale$132,900
2020-07-16Listed for sale$132,900
2020-01-16Listing removed$93,900
2019-12-05Listed for sale$93,900
2019-10-28Listing removed$94,900
2019-07-27Price change$94,900
2019-07-16Listed for sale$99,900
2017-09-19Listing removed$79,500
2017-09-19Pending sale$79,500
2017-09-15Sold--
2017-06-27Price change$79,500
2016-08-15Price change$89,900
2016-05-11Listed for sale$94,900

For Sale by Agent

AgentJose G Freyre
BrokerageIXL Real Estate Infinity, LLC

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