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118 Magnolia Way, Pearl, MS, 39208

3beds
2baths
1,410sqft
$245,000
$174price/sqft
$1,722/moest. monthly cost
$68,880/yrincome needed

About This Home

GREAT CURB APPEAL ... Located in Pearl off of Pearson Road. This three-bedroom and two full bath, split-plan home was built in 2001 and is located on a corner lot with a side-entry garage. The living room has a gas fireplace with gas logs. The primary bath has double vanities with a separate shower and jetted tub, along with a walk-in closet. The kitchen has ample cabinets and counter space. Property is being sold occupied, and no interior access is available. The listing broker make no representations or warranties regarding the condition of the home, improvements, or any amenities. All information is deemed reliable but is not guaranteed and should be independently verified by the buyer. Do not disturb or contact the occupants. Drive-by viewings only. DO NOT DISTURB OCCUPANTS - CANNOT BE SHOWN!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
4/10
Pearl Junior High SchoolGrades 6-81.9 mi
8/10
Pearl High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Microwave
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Double Vanity
  • Door features: French Doors
  • Window features: Vinyl
  • Flooring: Ceramic Tile,Laminate
  • Fireplace features: Den,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Gas

Interior Area

  • Total structure area: 1,410
  • Total interior livable area: 1,410 sqft

Property

Details

  • Parcel number: E08b00002400340
  • Zoning description: Single Family Residential
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 8,276 sqft
  • Features: Corner Lot,Few Trees,Sloped

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Rankin 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 $1,238$14,856
Home Insurance *$174$2,088
Property Taxes $118$1,416
Electricity $192$2,304
Total$1,722$20,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,040/yr
40% on housing$51,660/yr
45% on housing$45,920/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 39208$117
Rankin County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 39208$163
Rankin County$160

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
2026-07-27Listed for sale$245,000
2018-02-16Sold--
2018-01-08Pending sale$153,500
2018-01-03Listed for sale$153,500
2016-04-15Sold--
2016-02-10Pending sale$139,900

For Sale by Agent

AgentDaniel Ward
BrokerageRE/MAX Connection

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