723 Chestnut St Jackson MS 39204 - Special Warranty Deed
7d15h(Apr 21, 2026 10:57 PM UTC)
$100.00 USD
Bid IncrementOnline Auction
Location:
Clay, Alabama, USA
Preferred shipping vendors: Subject to an auto-extension of the auction end time.
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Description
| Condition | Used/See Description |
| Lot Number | 27460-49 |
This patent can be closed with a Special Warranty Deed.
Opportunity Zone
Parcel Number: 0169-0035-000 or 169-35
Legal Description: 37 FT E/S LOT 4 BLK 4 SCOTLAND HEIGHTS
Estimated Average Retail Value (ARV): $56K
Estimated Monthly Market Rental: $1,030
Jackson, MS, known as the "City With Soul," offers a very low cost of living—approximately 9% to 17% below the national average—making housing highly affordable. Residents benefit from a rich cultural heritage, a thriving culinary scene, and top-tier attractions like the Mississippi Civil Rights Museum. It is a family-friendly city with a welcoming community and a low unemployment rate.
Key Positives to Living in Jackson: Extremely Affordable Housing: Housing costs are around 17.7% less than the national average. Rich Culture & History: Known for its blues and gospel music, plus historical sites like the Mississippi Civil Rights Museum, the Old Capitol Inn, and Medgar Evers' legacy.
Culinary Scene: Features diverse options from soul food and local family-owned restaurants to James Beard-nominated chefs.
Family-Friendly Attractions: Home to the Jackson Zoo, Mississippi Children’s Museum, and the LeFleur Museum District.
Education & Healthcare: Houses the University of Mississippi Medical Center, a major academic health science center.
Warm Climate: Residents enjoy warm weather, suitable for year-round outdoor activities.
Vibrant Neighborhoods & Activities: Fondren District: Known for its eclectic art galleries, local eateries, and trendy coffee shops.
Outdoor Recreation: Nearby options include parks and sites for hiking, biking, and wildlife education.
Key Considerations (Contextual): Cost of Living: Generally 9.1% lower than the national average, making it an affordable place to call home.
Job Market: The city has a relatively low unemployment rate of 2.6%
Purchase price does NOT include closing costs. The law office which does our closings will issue a Settlement Statement which includes the closing costs (est. $1K) and any proration of current property taxes. Any pre closing property taxes will be paid by the Seller.
Q & A
Have a question or looking to schedule an appointment?
Will the tenant be staying in the property? What are they currently paying? 04/12/2026 13:24:59 PM
The buyer would be responsible for either filing an ejectment or entering into a lease agreement with the occupant. 04/12/2026 16:11:29 PM
Seller Information
Seller:
Item Location:
Account Type:
Commercial
Inspection
All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid.
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence.
It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property. Buyers do so at their own risk. Property is sold as-is, where is, how is.
Payment
The Buyer Service Fee and full payment for the asset are due no later than two (2) business days from the time and date the auction ends.
The Buyer Service Fee and sales amount is to be paid electronically via the 'My Bids' page.
The winning bidder is required to provide the buyer's name and address for the deed to the seller on the same day the auction ends. This information is required by the seller to email the deed paperwork along with payment instructions.
Closing costs and mobile notary fees are included in the reserve price.
Removal
***SELLER TO PREPARE DEED DIRECTLY***
The winning bidder is required to provide the buyer's name and address to the seller via email on the same day the auction ends. This information is necessary for the seller to prepare the documents.
The seller will use this information to prepare the deed paperwork and send it for e-signature to the buyer..
Upon receipt of the signed papers, within 3-5 business days the seller will submit the quitclaim deed to the county to be recorded and send copies to the buyer.
The Seller will have the deed recorded in probate.
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Preferred Shipper
Special Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.
Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS, HOW IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.
Additional Information
First time bidding? Please review our Terms and Conditions.
For further assistance please review our Frequently Asked Questions.