145 Republic Street, 803, Madison, MS 39110 (MLS# 4034487)

145 Republic Street, 803, Madison, MS 39110

$560,000

Property Type: Residential Bedrooms: 2 Square Footage: 1,636 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $560,000 List Date: 1/19/2023 Last Modified: 3/25/2025

Overview

Description

Ready to live a relaxing life on the Water? This condominium is one of 6 new construction 2-bedroom/2-bathroom units under construction in The Town of Lost Rabbit Town Center adjacent to the marina, directly on the Reservoir. These condos are located on the 2nd and 3rd floors above the Lost Rabbit General Store. There are 3 floor plans per floor, each with varying square footages and designs- multiple options for everyone! Be a part of the first project in the State of Mississippi to use cross- laminated timber (CLT), a state-of-the-art, renewable, sustainable building material. CLT helps reduce the amount of atmospheric carbon that contributes to climate change, according to the Clemson University Wood Utilization + Design Institute, one of the nation's pioneers in mass timber research. Penthouse Unit 803 is on the third floor and features floor-to-ceiling water views from the master bedroom AND living room. Amenities include professional-style appliances, gas ranges, CLT expose ... (Read more)

Listing Details MLS# 4034487

General Property Information

Property Sub Type: Condominium
New Construction: Yes
Property Condition: Under Construction
Approx Lot Size Acres: 0.25
Approx H/C SqFt: 1636
SqFt Source: Plans
List Price/SqFt: 353.3
Year Built: 2023
Year Built Source: Owner
Total Floors: Yes
Bedrooms Total: 2
Bathrooms Full: 2
Fireplace: No
Pool: Yes
School District: Madison CO Dist
Elementary School: Madison Avenue
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Rosa Scott
High School: Madison Central
Home Warranty: No
Accessibility Features: Yes
Pets Allowed: Yes
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Midrise 3-6 Floors Levels: One Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Maintenance Grounds; Management; Pool Service Interior Features: Kitchen Island Pets Allowed: Cats OK; Dogs OK Kitchen Features: Kitchen Island; Solid Surface Counters Appliances: Built-In Gas Range; Disposal; Exhaust Fan; Gas Water Heater; Instant Hot Water; Oven; Refrigerator; Self Cleaning Oven; Stainless Steel Appliance(s); Tankless Water Heater Walls - Interior: Sheetrock Accessibility Features: Accessible Elevator Installed; Central Living Area Security Features: Smoke Detector(s) Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Natural Gas Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Underground Utilities; Natural Gas in Kitchen Sewer: Public Sewer Water Source: Public Foundation Details: Post-Tension; Slab Listing Terms: 1031 Exchange; Bank Loan; Cash; Conventional; FHA; USDA Loan; VA Loan Roof: Flat Exterior Features: Balcony Parking Features: Common; Lighted; On Street; Parking Lot; Paved Community Features: Boating; Clubhouse; Curbs; Fishing; Hiking/Walking Trails; Lake; Marina; Park; Playground; Pool; Sidewalks; Street Lights Pool Features: Fenced; Gunite; In Ground Waterfront Features: Marina; Reservoir; View Water Heater: Natural Gas; Tankless Disclosures: Agent Owned; Pre-Sale

Address and Location Information

Street Number: 145
Street Name: Republic Street
County: Madison
State: MS
Zip Code: 39110
Unit #: 803
Parcel Number: Unassigned
Subdivision: Lost Rabbit
Directions to Property: From Hoy Road enter Lost Rabbit and take first left at Water Street. Continue on around until you reach the marina, then right at Port Street and left on Republic Street. The condo building will be on your right across from the marina.
Community Of: N/A

Listing Information

Projected Completion Date: 2023-01-18
Listing Service: Full Service
Estimated Completion Date: 2023-03-31

Tax and Financial Information

Tax Annual Amount: 3000
Tax Year: 2022
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: Yes
Leasehold Fee: 600
16th Section: No
Leasehold Fee Increase: Yes
Sold In Previous 12 Months: No
Association: Yes
Association Fee: 1400
Association Fee Frequency: Annually
Covenants Y/N: Yes
Legal Description: To be determined- the parcels and legal descriptions for individual condos are still unassigned.

Status Change Info

Contract Date/Pending Date: 2023-01-18
Closing Date: 2023-07-21
Appraised SqFt: 1539
Sold Price/SqFt: 342.3

More Information

Waterfront Features

Waterfront: Yes
Marina: Yes
Reservoir: Yes
View: Yes

Showing Requirements

Showing: Appointment Required

Remarks & Miscellaneous

Public Remarks: Ready to live a relaxing life on the Water? This condominium is one of 6 new construction 2-bedroom/2-bathroom units under construction in The Town of Lost Rabbit Town Center adjacent to the marina, directly on the Reservoir. These condos are located on the 2nd and 3rd floors above the Lost Rabbit General Store. There are 3 floor plans per floor, each with varying square footages and designs- multiple options for everyone! Be a part of the first project in the State of Mississippi to use cross- laminated timber (CLT), a state-of-the-art, renewable, sustainable building material. CLT helps reduce the amount of atmospheric carbon that contributes to climate change, according to the Clemson University Wood Utilization + Design Institute, one of the nation's pioneers in mass timber research. Penthouse Unit 803 is on the third floor and features floor-to-ceiling water views from the master bedroom AND living room. Amenities include professional-style appliances, gas ranges, CLT exposed wood ceilings, tankless water heater, community pool, owners-only private rooftop terrace, expansive balconies, miles of multi-use trails, playgrounds and countless others. Now available for pre-sale with the ability to choose numerous finishes. Call your Realtor® today for more information or a tour! Taxes, leasehold, and HOA fees are estimated based on existing condos with homestead.

Structure Type

Midrise 3-6 Floors: Yes

Covenants And Restrictions

Architectural Review: Yes
Homeowner Association: Yes
Restrictive Covenants: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Bank Loan: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
VA Loan: Yes

Association Fee Includes

Maintenance Grounds: Yes
Management: Yes
Pool Service: Yes

Interior Features

Kitchen Island: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Underground Utilities: Yes
Natural Gas in Kitchen: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes

Kitchen Features

Kitchen Island: Yes
Solid Surface Counters: Yes

Appliances

Built-In Gas Range: Yes
Disposal: Yes
Exhaust Fan: Yes
Gas Water Heater: Yes
Instant Hot Water: Yes
Oven: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Stainless Steel Appliance(s): Yes
Tankless Water Heater: Yes

Walls - Interior

Sheetrock: Yes

Accessibility Features

Accessible Elevator Installed: Yes
Central Living Area: Yes

Security Features

Smoke Detector(s): Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Natural Gas: Yes

Foundation Details

Post-Tension: Yes
Slab: Yes

Exterior Construction/Siding

Brick: Yes

Roof

Flat: Yes

Exterior Features

Balcony: Yes

Parking Features

Common: Yes
Lighted: Yes
On Street: Yes
Parking Lot: Yes
Paved: Yes

Community Features

Boating: Yes
Clubhouse: Yes
Curbs: Yes
Fishing: Yes
Hiking/Walking Trails: Yes
Lake: Yes
Marina: Yes
Park: Yes
Playground: Yes
Pool: Yes
Sidewalks: Yes
Street Lights: Yes

Pool Features

Fenced: Yes
Gunite: Yes
In Ground: Yes

Water Heater

Natural Gas: Yes
Tankless: Yes

Disclosures

Agent Owned: Yes
Pre-Sale: Yes

Documents

Blueprints/Floor Plans ›

Listing Office: Blue South Real Estate Group,LLC dba Blue South

Listing Agent: Mercedes Smith

Last Updated: March - 25 - 2025