NOT LISTED FOR SALE

1006 N Madison St Jonesboro, AR 72401

Estimated Value: $68,499 - $93,000

2 Beds
1 Bath
840 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $39,000 $46 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $465/month

7 Days on Market

Highlights

  • Ranch Style House
  • Workshop
  • Living Room
  • Wood Flooring
  • Separate Outdoor Workshop
  • Laundry Room

About This Home

As of November 2015

CASH FLOW: This is a great investment opportunity. Already producing an income, this investment could pay off immediately. Very clean home with great rental history. Statement of Budget Cash Flow & Lease is available upon request. Large fenced in lot could also be split and sold separately or built on to. Great for a starter home with great character. Also, this home is available to any interested in purchasing as an owner occupied property.

Last Agent to Sell the Property

Trenton Hoggard

Century 21 Portfolio License #00077184 Listed on: 10/13/2015

Century 21 Portfolio

Last Buyer's Agent

Trenton Hoggard

Century 21 Portfolio License #00077184 Listed on: 10/13/2015

Century 21 Portfolio

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $291

Lot Details

  • Chain Link Fence
  • Level Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Workshop
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Attached Carport

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Jonesboro Magnet Elementary School
  • Annie Camp Middle School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-144073-04700

Home Details

Home Type

Single Family

Est. Annual Taxes

$291

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: Ranch, 1 Story
  • Legal Description: Lot 7 & 10 Block 4 CARTWRIGHT & FRENCH ADD in the city of Jonesboro in Craighead County
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Cable, Ceiling Fan(s), Climate Control
  • Windows Treatments: Blinds
  • Appliances: Oven/Range Electric
  • Floors: Carpet, Hardwood, Vinyl
  • Bedrooms: 2
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: No
  • Bedroom 3 Level: None
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Room: Yes
  • Dining Room: No
  • Kitchen: Yes
  • Workshop: Yes
  • Workshop Comments: Large Storage
  • Living Room: Yes
  • Living Room Comments: Wood Laminate
  • Price Per Square Foot: 46.43
  • Square Footage: 840.0

Exterior Features

  • Exterior: Metal Siding
  • Flood Zone: No
  • Roof: 3-Tab Shingles
  • Fencing Features: Chain Link
  • Exterior Amenities: Paved Streets, Workshop

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Carport-Attached

Utilities

  • Cooling Features: Central, Electric
  • Heat Features: Central
  • Electric Features: CW&L
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Jonesboro Magnet
  • Middle School: Annie Camp

Lot Info

  • Lot Dimensions: Extra Lot
  • Lot Measurement: A
  • Lot Description: Level, Shade Trees

Tax Info

  • Year: 2013
  • Taxes: 290.76
  • Assessor Parcel Number: 01-144073-04700

MLS Schools

  • Elementary School: Jonesboro Magnet
  • Jr High School: Annie Camp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 15, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tate Jeremy and Tate Emily
Seller's Agent
Larry Lamkin
CRYE-LEIKE, REALTORS Jonesboro
Buyer's Agent
Bruce Kelley
Coldwell Banker/Village Comm
Sold Price
$33,700
Current Estimated Value
$78,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,925
Avg. Annual Appreciation
7.08%
Original Mortgage
$28,645
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 5, 2013
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 16, 2007
Sold by
Turner Lee R and Turner Louise
Bought by
Muller Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1997
Bought by
Turner

Purchase Details

Closed on
Nov 17, 1994
Bought by
Holland
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tate Jeremy -- None Available
Federal Home Loan Mortgage Corp $26,800 --
Muller Susan $39,000 Lenders Title Co
Turner $26,000 --
Holland $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones Charles A $90,000
Closed Tate Jeremy $28,645
Previous Owner Muller Susan $38,900
Previous Owner Turner Lee R $15,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $39,000 +15.7% $46 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
06/03/2013 06/03/13 Sold $33,700 -- $40 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
Source: Northeast Arkansas Board of REALTORS®

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 $433 $11,324 $4,000 $7,324
2023 $390 $11,324 $4,000 $7,324
2022 $358 $11,324 $4,000 $7,324
2021 $333 $7,890 $3,000 $4,890
2020 $333 $7,890 $3,000 $4,890
2019 $333 $7,890 $3,000 $4,890
2018 $333 $7,890 $3,000 $4,890
2017 $320 $7,890 $3,000 $4,890
2016 $291 $6,890 $2,000 $4,890
2015 $291 $6,890 $2,000 $4,890
2014 $291 $6,890 $2,000 $4,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10062082

Northeast Arkansas Board of REALTORS®

APN: 01-144073-04700