NOT LISTED FOR SALE

102 Mead St Lake City, AR 72437

Estimated Value: $163,000 - $206,000

5 Beds
2 Baths
2,760 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $45,000 $16 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,106/month

66 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Workshop
  • Riverside West Elementary School Rated A-
  • Two Living Areas
  • Separate Outdoor Workshop

About This Home

As of August 2020

Just Listed and Priced to Sell at under $33 psf! This five bedroom, two bath home in Lake City is perfect for the 1st time home buyer or investor. The .32 acre, level lot features chain link fencing, mature shade trees, workshop, and deck. When you enter the home, you will be greeted by a wide open living room with beautiful laminate flooring which leads to the formal dining room and into the kitchen area which holds plenty of cabinet space, tiled flooring, and gas stove. This home has plenty of room to grow in with five bedrooms which include a master with en-suite and four additional bedrooms. There's plenty of room to spread out in the two large living rooms, hang out on the wooden deck, or tinker in the wired workshop. You'll love living in the rural community of Lake City but being less than fifteen miles from popular amenities in Jonesboro and Brookland. Call today to make this house your home.

Last Agent to Sell the Property

Andrea Andrews

Compass Rose Realty License #00078007 Listed on: 05/18/2020

Compass Rose Realty

Last Buyer's Agent

Danny Ladd

Arkansas Elite Realty License #00067558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Lot Details

  • 0.32 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Two Living Areas
  • Dining Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Schools

  • Riverside Elementary And Middle School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-146271-18800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story, Traditional
  • Builder Owned: No
  • Legal Description: See Deed
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Alarm(s)
  • Appliances: Dishwasher Built-In, Oven/Range Gas, Water Heater Gas 1
  • Fireplace: No
  • Fireplace Features: None
  • Floors: Concrete, Ceramic, Laminate
  • Bedrooms: 5
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: Yes
  • Bedroom 3 Level: Main
  • Bedroom 4: Yes
  • Bedroom 4 Level: Main
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Room: Yes
  • Dining Room: Yes
  • Kitchen: Yes
  • Sun Room: No
  • Workshop: Yes
  • Workshop Comments: 10 X 10 | Electric
  • Living Room: Yes
  • Second Living Room: Yes
  • Additional Room: No
  • Additional Rooms: Storage
  • Price Per Square Foot: 16.30
  • Square Footage: 2760.0

Exterior Features

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

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling Features: Central, Electric
  • Heat Features: Central, Electric
  • Electric Features: Entergy, Separate Meters
  • Gas Features: Natural Gas
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Riverside
  • Middle School: Riverside

Lot Info

  • Acres: 0.3200
  • Lot Measurement: A
  • Lot Size Sq Ft: 13939.00
  • Price Per Acre: 140625.00
  • Lot Description: Level

Tax Info

  • Assessor Parcel Number: 07-146271-18800

MLS Schools

  • Elementary School: Riverside
  • Jr High School: Riverside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 21, 2020
Sold by
Carmichael James and Carmichael Terri
Bought by
Barnes Property Restoration Llc
Seller's Agent
Andrea Andrews
Compass Rose Realty
Buyer's Agent
Danny Ladd
Arkansas Elite Realty
List Price
$89,900
Sold Price
$45,000
Premium/Discount to List
-$44,900
-49.94%
Current Estimated Value
$187,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,844
Avg. Annual Appreciation
31.17%
Original Mortgage
$65,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Barnes Property Restoration Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Property Restoration Ll $20,685
Closed Barnes Property Restoration Llc $77,772
Closed Barnes Property Restoration Llc $65,000
Previous Owner Carmichael James $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $45,000 -35.6% $16 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $69,900 -17.7% $25 / Sq Ft
06/26/2020 06/26/20 Price Changed $84,900 -5.6% $31 / Sq Ft
05/19/2020 05/19/20 For Sale $89,900 +104.3% $33 / Sq Ft
08/11/2017 08/11/17 Sold $44,000 -11.8% $16 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $49,900 -- $18 / Sq Ft
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 $1,262 $28,867 $3,000 $25,867
2023 $1,204 $28,867 $3,000 $25,867
2022 $1,104 $28,867 $3,000 $25,867
2021 $1,027 $19,140 $1,600 $17,540
2020 $1,027 $19,140 $1,600 $17,540
2019 $1,027 $19,140 $1,600 $17,540
2018 $1,027 $19,140 $1,600 $17,540
2017 $399 $19,140 $1,600 $17,540
2016 $399 $13,910 $1,600 $12,310
2015 $399 $13,910 $1,600 $12,310
2014 $399 $13,910 $1,600 $12,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10086715

Northeast Arkansas Board of REALTORS®

APN: 07-146271-18800