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501 Carterville Rd, Petal, MS, 39465

5beds
4baths
3,018sqft
$485,000
$161price/sqft
$3,242/moest. monthly cost
$129,680/yrincome needed

About This Home

This house is a miracle! Seriously! And some fortunate buyer will enjoy this miracle! The fact is that even though it cost more to reimagine, redesign, and revive this home than we can possibly recapture, we committed ourselves to do it right regardless! Included in the offering is over 3000 square feet of added/redeveloped heated & cooled space. Then nearly 800 additional square feet was added under roof including a multi-functional carport, back porch, and patio space that compliments the IN GROUND POOL all in the most ideal location in Petal School District with quick commutes to ANYWHERE! Top-to-bottom professional redesign undertaken in partnership with Patricia Garner provides versatility and space. Need a mother-in-law or multi-generational living spaces? That's possible here. Or, expanded entertaining spaces for hosting friends, family, or small groups? Use your imagination because versatility was built into the redesign. It's virtually all NEW! New roof by McKinley Roofing, new 3-zone HVAC by Graham Heating & Air, new exterior windows and doors, and new pool liner by Blue Dolphin Pools with fully resurfaced pool deck. Inside are spacious bedrooms including a primary suite with accent wall and picture windows plus ensuite bath with custom quartz shower and walk-in closet. Bright kitchen features stainless steel GE Appliance Package with counter-depth refrigerator and full gas range including vent hood plus adjoining dream-size walk-in pantry with butcher block counter and shelves and space for additional freezer or refrigerator. All main level living spaces feature luxury vinyl plank floors or custom ceramic floors. Additional main level features include a multi-functional mudroom/office/locker zone plus the optional game room/apartment area with kitchenette that includes a sink and under counter refrigerator. Bath that adjoins this space serves dual function with exterior access to provide facilities to the pool/carport/back porch/patio area. Upstairs are 3 additional spacious bedrooms with all new fixtures and a shared bath area. Walk-out attic storage is also abundant from the second level. Please see documents and photos for renderings on furniture arrangement concepts as well as a complete list of improvements including outlets in strategic areas that are both USB-A and USB-C compatible. Contractors on the project were Mike Patterson and Danny Thornton. Listing agent is also the owner.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
9/10
Petal Middle SchoolGrades 7-81.4 mi
10/10
Petal High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles,See Remarks
  • Construction materials: Brick Veneer,HardiPlank Type

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Gas Range,Dishwasher,Microwave,Refrigerator,Vented Exhaust Fan,Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Bar,Bookcases,Built-in Features,Ceiling Fan(s),Crown Molding,Eat-in Kitchen,Entrance Foyer,High Speed Internet,Open Floorplan,Pantry,Primary Downstairs,Stone Counters,Other,Double Vanity,Breakfast Bar
  • Door features: Dead Bolt Lock(s),Insulated,Pocket,Sliding Doors
  • Flooring: Vinyl,Carpet,Ceramic Tile
  • Fireplace features: Electric,Great Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Heat Pump,Zoned

Interior Area

  • Total structure area: 3,018
  • Total interior livable area: 3,018 sqft

Property

Details

  • Parcel number: 3030j12041.00
  • Zoning description: General Residential

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Equipment,Fenced,Fiberglass,In Ground,See Remarks
  • Patio & porch: Front Porch,Patio,Rear Porch,Slab
  • Exterior features: Garden,Private Yard
  • Fencing: Back Yard,Chain Link,Privacy,Wood

Lot

  • Lot size: 2.35 Acres
  • Features: Few Trees,Front Yard,Level

Parking

  • Total spaces: 2
  • Parking features: Carport,Covered,Driveway,Paved,Circular Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • 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
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Hail
Hurricane
Heat Wave
Winter Weather

FEMA Declared Disasters in Forrest 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 *$228$2,736
Property Taxes $282$3,384
Electricity $280$3,367
Total$3,242$38,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,154/yr
40% on housing$97,260/yr
45% on housing$86,453/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: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 39465$128
Forrest County$106

vs Homes Sold Last Month

Median $/sqft

ZIP 39465
Forrest County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Listed for sale$485,000
2025-09-17Sold--
2025-07-21Pending sale$210,000
2025-07-20Contingent$210,000
2025-06-09Listed for sale$210,000
2024-12-23Sold--
2017-11-07Sold--
2017-09-07Price change$219,900
2017-08-27Price change$224,900
2017-08-18Price change$226,900
2017-08-17Listed for sale$228,900
2017-08-03Pending sale$228,900
2017-07-01Listed for sale$228,900

For Sale by Agent

AgentAdam P Watkins
BrokerageThe All-Star Team, REALTORS

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