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145 Republic Street, 903, Madison, MS 39110
$548,000
Property Type:
Residential
Bedrooms:
2
Square Footage:
1,505
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$588,000
List Date:
7/07/2023
Last Modified:
3/25/2025
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.
Unit 903 is on the third floor and features floor-to-ceiling water views from BOTH bedrooms AND the living room.
Amenities include professional-style appliances, Wolfe gas ranges, CLT exposed wood ceilings, tankless water heater, community pool, owners only private rooftop terrace, expansive balconies, miles of multi-use trails, playground 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.
More Information MLS# 4034489
Address and Location Information
Parcel Number: Assigned
Directions to Property: Enter Lost Rabbit via Hoy Road and take first left on Water Street. Continue until you reach the marina and take a right on Port Street and left at Republic Street. Building will be on your right.
Community Of: N/A
Street Number: 145
Street Name: Republic Street
County: Madison
State: MS
Zip Code: 39110
Unit #: 903
Subdivision: Lost Rabbit
Listing Information
Projected Completion Date: 2023-03-01
Listing Service: Full Service
Estimated Completion Date: 2023-03-01
Status: Closed
List Date: 2022-11-29
List Price: $588,000
Current Price: $548,000
General Property Information
New Construction: Yes
Property Condition: Under Construction
Approx Lot Size Acres: 0.25
SqFt Source: Plans
List Price/SqFt: 390.7
Year Built Source: Owner
Garage Spaces: 0
Carport Spaces: 0
Total Floors: 1
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: No
Pool: No
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
Property Sub Type: Condominium
Approx H/C SqFt: 1505
Year Built: 2023
Bedrooms Total: 2
Bathrooms Full: 2
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: 1350
Association Fee Frequency: Annually
Association Fee 2: 3135
Association Fee 2 Frequency: Annually
Covenants Y/N: Yes
Legal Description: To be determined- the legal descriptions and parcels for individual condos are still unassigned.
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.
Unit 903 is on the third floor and features floor-to-ceiling water views from BOTH bedrooms AND the living room.
Amenities include professional-style appliances, Wolfe gas ranges, CLT exposed wood ceilings, tankless water heater, community pool, owners only private rooftop terrace, expansive balconies, miles of multi-use trails, playground 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.
Status Change Info
Sold Price/SqFt: 364.12
Contract Date/Pending Date: 2023-11-28
Closing Date: 2023-12-22
Structure Type
Midrise 3-6 Floors: 1
Lot Features
Corner Lot: 1
Level: 1
Views: 1
Covenants And Restrictions
Architectural Review: 1
Homeowner Association: 1
Restrictive Covenants: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Bank Loan: 1
Cash: 1
Association Fee Includes
Accounting/Legal: 1
Maintenance Grounds: 1
Management: 1
Pool Service: 1
Waterfront Features
Waterfront: Yes
Marina: 1
Reservoir: 1
View: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Underground Utilities: 1
Natural Gas in Kitchen: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Kitchen Features
Kitchen Island: 1
Kitchen/Family Room View: 1
Solid Surface Counters: 1
Appliances
Dishwasher: 1
Disposal: 1
Exhaust Fan: 1
Gas Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Tankless Water Heater: 1
Walls - Interior
Sheetrock: 1
Accessibility Features
Accessible Elevator Installed: 1
Security Features
Smoke Detector(s): 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Natural Gas: 1
Foundation Details
Post-Tension: 1
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Flat: 1
Exterior Features
Balcony: 1
Parking Features
Lighted: 1
On Street: 1
Parking Lot: 1
Paved: 1
Community Features
Boating: 1
Clubhouse: 1
Curbs: 1
Hiking/Walking Trails: 1
Lake: 1
Marina: 1
Park: 1
Playground: 1
Pool: 1
Sidewalks: 1
Spa: 1
Street Lights: 1
Water Heater
Natural Gas: 1
Tankless: 1
Disclosures
Agent Owned: 1
Pre-Sale: 1
Property Features
Structure Type: Midrise 3-6 Floors
Lot Features: Corner Lot; Level; Views
Levels: One
Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants
Association Fee Includes: Accounting/Legal; Maintenance Grounds; Management; Pool Service
Pets Allowed: Cats OK; Dogs OK
Kitchen Features: Kitchen Island; Kitchen/Family Room View; Solid Surface Counters
Appliances: Dishwasher; Disposal; Exhaust Fan; Gas Range; Refrigerator; Self Cleaning Oven; Tankless Water Heater
Walls - Interior: Sheetrock
Accessibility Features: Accessible Elevator Installed
Security Features: Smoke Detector(s)
Cooling: Ceiling Fan(s); Central Air
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
Roof: Flat
Exterior Features: Balcony
Parking Features: Lighted; On Street; Parking Lot; Paved
Community Features: Boating; Clubhouse; Curbs; Hiking/Walking Trails; Lake; Marina; Park; Playground; Pool; Sidewalks; Spa; Street Lights
Waterfront Features: Marina; Reservoir; View
Water Heater: Natural Gas; Tankless
Disclosures: Agent Owned; Pre-Sale
Documents
Listing Office:
Blue South Real Estate Group,LLC dba Blue South
Listing Agent:
Mercedes Smith
Last Updated: March - 25 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
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