7424 Wallace Ln, Walls, MS 38680 Property Records

DeSoto County property record for 7424 Wallace Ln, Walls, MS 38680

Property Summary

Property Type	Single Family Home
Details	3 bd · 2,844 sqft · built 2020
Lot Size	2 acres (87,120 sqft)
Owner	2 Individual Names on Record
Last Sale	$303,100 (Oct 2020)
Tax Bill	$1,642 (2025)
Deeds & Mortgages	Sep 2019 Construction Loan Oct 2020 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`1-09-7-35-03-0-00008-00`

Property Details

APN / Parcel Number

Primary APN	`1-09-7-35-03-0-00008-00`

Interior

Bedrooms	3 Beds
Total Rooms	7 Rooms
Building Area	2,844 sqft Adjusted Area
1st Floor Area	2,725 sqft
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Architectural Style	Mobile Home
Exterior Material	Other
Roof Type	Gable
Roof Material	Shingle
Lot Area	87,120 sqft (2 acres)
Garage Area	900 sqft
Parking Spaces	4 Parking Spaces

Location & Zoning

Street Address	7424 WALLACE LN
City	WALLS
State	MS
Zip	38680-9278
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	A-R
Legal Description	WALLACE S-D SEC B LOT 8
Legal Range	009
Legal Township	01S
Legal Section	35
Legal Subdivision	WALLACE S-D
Legal Lot Number	8
Jurisdiction	DESOTO MS
Township / Civil Division	3
Census Block Group	1
Census Block	1005
Census Tract	70102

Owner

Source: DeSoto County records, as of December 23, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	7424 WALLACE LN, WALLS, MS 38680-9278
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Et Ux (and Wife)

Deeds, Mortgages & Sale History

Date	Document
Sep 23, 2019	Deed of Trust, Mortgage · Construction Mortgage RENASANT BANK
Oct 28, 2020	Intrafamily Transfer, Transfer · Conventional Mortgage RENASANT BANK
Sep 27, 2019	Intrafamily Transfer, Transfer
Jun 10, 2019	Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 28, 2020 · Amount on Record
Deed Sale	Oct 28, 2020 · Amount on Record
Prior Sale	Jun 10, 2019
Deed Book / Page	937 / 1
Prior Transfer Date	Jan 22, 2020
Prior Transfer Doc	00000937/1
Record Updated	Jun 8, 2026

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DESOTO MS
Property Address	7424 WALLACE LN, WALLS, MS 38680-9278
Transaction Type	Mortgage
Record Updated	Dec 4, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	004801/367
Date	Sep 23, 2019
Book Page	4801/367

Lender

Name	RENASANT BANK
Type	Bank
Address	TUPELO, MS 38802

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Sep 20, 2020

October 2020: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	DESOTO MS
Recording Date	Oct 28, 2020
Property Address	7424 WALLACE LN, WALLS, MS 38680-9278
Document Number	00000937/1
Book / Page	937 / 1
Map Reference	MB 9 PG 4
Instrument Date	Jan 22, 2020
Transaction Type	Transfer
Record Updated	Apr 18, 2022

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7424 WALLACE LN, WALLS, MS 38680-9278

Mortgage

Document Number	0005076134
Date	Oct 28, 2020
Instrument	5076/134

Lender

Name	RENASANT BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2050

September 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	DESOTO MS
Recording Date	Sep 27, 2019
Property Address	7424 WALLACE LN, WALLS, MS 38680-9278
Document Number	000900/270
Book / Page	0900 / 270
Map Reference	MB 9 PG 4
Instrument Date	Sep 18, 2019
Transaction Type	Transfer
Record Updated	Apr 18, 2022

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6386 POPLAR CORNER RD, 6386, WALLS, MS 38680-9368

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	7424 WALLACE LN, WALLS, MS 38680-9278

June 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	DESOTO MS
Recording Date	Jun 10, 2019
Property Address	7424 WALLACE LN, WALLS, MS 38680-9278
Document Number	000890/078
Book / Page	0890 / 078
Map Reference	MB 9 PG 4
Instrument Date	Jun 10, 2019
Transaction Type	Transfer
Record Updated	Apr 18, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6386 POPLAR CORNER RD, 6386, WALLS, MS 38680-9368

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	7424 WALLACE LN, WALLS, MS 38680-9278

Tax Assessment & Valuation

Source: DeSoto County assessment roll, as of December 15, 2025

Property Jurisdictions

Type	Name
State	Mississippi
County	DeSoto County
Unified School District	DeSoto County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,642.00 (+21.54%)	$23,266 (+42.29%) Land $1,500 Building $21,766	$232,655 (+42.29%) Land $15,000 Building $217,655
2023	$1,351.00	$16,351	$163,508 Land $15,000 Building $148,508

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 5, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 42% of the US · lower than 62% of Mississippi
Wildfire Likelihood	0.07% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	WALLS WATER ASSN- LAKE FOREST public/private · serves 9,298 people · EPA ID MS0170043
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 51 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable	2,000 / 250

Cell Coverage

5G (outdoors only) and 4G LTE

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