NOT LISTED FOR SALE

10040 Highway 31 N Lonoke, AR 72086

Estimated Value: $240,173 - $250,000

3 Beds
2 Baths
1,722 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $131,900 $77 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,439/month

366 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Corner Lot
  • Stagecoach Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2017

Great home on 2.24 acres. Large living room with hardwood floors and gas fireplace. Kitchen has eat in kitchen, separate dining room, breakfast bar, built ins and pantry. 2 Large closets for storage and laundry room. Outside is a great deck and 16x32 shop. New roof March 20017

Last Agent to Sell the Property

Brook Knox

Knox Realty Listed on: 05/04/2016

Last Buyer's Agent

Kimberly Janis

McKimmey Associates, Realtors - 50 Pine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1942

Lot Details

  • 2.24 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Deck

Schools

  • Lonoke Elementary And Middle School
  • Lonoke High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Shop
  • LVT Date: 05/04/2016
  • Price Per Sq Ft: 76.6
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Logs Present, Uses Gas Logs Only
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1722
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Pantry
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Garage, Two Car, Side Entry

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Lonoke
  • Middle School: Lonoke
  • High School: Lonoke
  • Junior High: Lonoke

Lot Info

  • Estimated Lot Size: 2.24
  • Estimated Lot Size: 2.24
  • Lot: Level, Corner Lot, Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1239

MLS Schools

  • Elementary School: Lonoke
  • HighSchool: Lonoke
  • Middle School: Lonoke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 9, 2017
Sold by
Rainey Jason Mark and Evans Laurie
Bought by
Payne Glen S and Payne Brnady J
Seller's Agent
Brook Knox
Knox Realty
Buyer's Agent
Kimberly Janis
McKimmey Associates, Realtors - 50 Pine
List Price
$143,900
Sold Price
$131,900
Premium/Discount to List
-$12,000
-8.34%
Current Estimated Value
$240,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,178
Avg. Annual Appreciation
7.26%
Original Mortgage
$131,900
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2002
Bought by
Pearson Family Revoc Trust

Purchase Details

Closed on
Oct 16, 2002
Bought by
Pearson Rev Trust

Purchase Details

Closed on
Mar 11, 2002
Bought by
Pearson
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Payne Glen S $131,900 Professional Land Title
Payne Glen S $131,900 Professional Land Title
Pearson Family Revoc Trust -- --
Pearson Rev Trust -- --
Pearson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Glen S $185,400
Closed Payne Glen S $127,290
Closed Payne Glen S $138,405
Closed Payne Glen S $131,900
Previous Owner Rainey Jason Mark $141,777
Previous Owner Rainey Jason M $149,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $131,900 -8.3% $77 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/04/2016 05/04/16 For Sale $143,900 -- $84 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,500 $28,170 $2,240 $25,930
2023 $1,500 $28,170 $2,240 $25,930
2022 $1,475 $28,170 $2,240 $25,930
2021 $1,356 $28,170 $2,240 $25,930
2020 $1,237 $23,070 $2,240 $20,830
2019 $1,193 $23,070 $2,240 $20,830
2018 $1,193 $23,070 $2,240 $20,830
2017 $1,080 $23,070 $2,240 $20,830
2016 $843 $23,070 $2,240 $20,830
2015 $1,166 $24,910 $2,240 $22,670
2014 $934 $24,910 $2,240 $22,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16013192

Cooperative Arkansas REALTORS® MLS

APN: 001-05881-001