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205 E 3rd St, Ripley, MS, 38663

6beds
3baths
2,602sqft
$300,000
$115price/sqft
$2,217/moest. monthly cost
$88,680/yrincome needed

About This Home

Welcome to this newly renovated 6 bedroom, 3 bathroom home located in the heart of Ripley, less than a mile from Ripley High School. This charming property, originally built in 1951, has been updated over the past year with major improvements, including a new roof, HVAC system, plumbing, and more. Step outside to enjoy a newly added attached deck overlooking a large backyard perfect for entertaining or relaxing. Combining classic character with modern upgrades, this home is truly a standout in an exceptional location. All info subject to verification.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10
Ripley Middle SchoolGrades 5-80.4 mi
8/10
Ripley High SchoolGrades 9-120.3 mi
6/10
Ripley Elementary SchoolGrades K-40.9 mi

Construction

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,602

Interior Area

  • Total structure area: 2,602
  • Total interior livable area: 2,602 sqft

Property

Details

  • Parcel number: 3643K2409900

Features

  • Stories: 2

Lot

  • Lot size: 0.41 Acres
  • Lot size dimensions: 90 x 198

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Earthquake
Lightning
Heat Wave
Strong Wind

FEMA Declared Disasters in Tippah 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 $1,516$18,192
Home Insurance *$320$3,840
Property Taxes $140$1,680
Electricity $241$2,903
Total$2,217$26,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,011/yr
40% on housing$66,510/yr
45% on housing$59,120/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -3.7%
-3.7%
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 38663$100
Tippah County$128

vs Homes Sold Last Month

Median $/sqft

ZIP 38663
Tippah County$110

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
2026-04-22Listed for sale$315,000
2024-11-22Listing removed$225,000
2024-11-01Price change$225,000
2024-08-12Listed for sale$238,000
2024-08-12Listing removed--
2024-06-28Price change$230,000
2024-06-08Price change$235,000
2024-05-16Price change$245,000
2024-03-14Price change$250,000
2024-03-02Listed for sale$255,000
2023-09-19Listing removed--
2023-09-04Price change$255,000
2023-07-31Listed for sale$265,000
2017-08-11Sold--
2017-06-09Price change$99,900
2017-04-27Price change$119,900
2016-12-02Listed for sale$129,000

For Sale by Agent

AgentReed Shackelford
BrokerageTM REALTORS

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