NOT LISTED FOR SALE

101 S Locust St Searcy, AR 72143

16 Beds
16 Baths
8,568 Sq Ft
0.34 Acres

Last Sold April 14, 2023

Last sale price $700,000 $82 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Central Heating
  • Southwest Middle School Rated A-
  • Eat-In Kitchen
  • Combination Dining and Living Room

About This Home

As of April 2023

A fantastic opportunity for a rental investment located one block from historic downtown Searcy. On the corner of E. Center and S. Locust and only a few blocks from Harding University and Legacy Park, this is very affordable housing. Built in 1980, these sixteen apartments offer one bedroom and bath with a roomy open floor plan of 535 sq. feet. The bedroom area is large enough for two beds or bunk beds. Current monthly rental income is $7,175 with a 94% occupancy rate. 10 of the apartments have been updated with premium vinyl flooring and paint and are currently leased for $550 per month. 6 apartments are currently rented for $400 and have not been remodeled. Management has notified current tenants of the increase in rent to $550 per month. Located across the street, Slader's Alaskan Dumpling Co. offers the perfect place to experience urban living and dining. Walk to The Soda Jerk for coffee and ice cream, Burrito Day has excellent Mexican food, and The Boutique has fudge and gourmet food items. Many other amenities include living close to Spring Park which has a walking trail, Searcy Library, more shopping and events like “Get Down, Downtown", "Beats and Eats" and Farmers Market.

Last Listed By

Liz Howell

Howell Realty Pros Listed on: 01/25/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1980

Lot Details

  • 0.34

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 8,568 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Primary Bedroom on Main
  • 16 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Window Unit Heating System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,890

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 01/26/2023
  • Price Per Sq Ft: 81.7
  • Road Surface: Paved
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Den, Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 8568
  • Bedrooms: 16
  • Floors: Vinyl
  • Foundation: Slab
  • Full Bathrooms: 16
  • Kitchen Equip: Free-Standing Stove, Refrigerator-Stays
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Window Units, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.34
  • Estimated Lot Size: .34
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1890

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

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $700,000 -12.5% $82 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $800,000 -- $93 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Liz Howell

    Seller's Agent in 2023

    Liz Howell

    Howell Realty Pros

    (501) 230-2667

    283 Total Sales

    Liz Howell
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23002638

Cooperative Arkansas REALTORS® MLS

Arkansas White County Searcy 72143

101 S Locust St, Searcy, AR

Homes for Sale in Searcy, AR

This home is located at 101 S Locust St, Searcy, AR 72143 since 25 January 2023. This property was built in 1980. 101 S Locust St is a home located in White County with nearby schools including Southwest Middle School, Sidney Deener Elementary School, and Ahlf Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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