NOT LISTED FOR SALE

108 SE 1st St Corning, AR 72422

Estimated Value: $74,000 - $119,000

-- Bed
1 Bath
1,144 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $50,000 $44 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $520/month

6 Days on Market

Highlights

  • Corner Lot
  • Porch
  • 1-Story Property

About This Home

As of March 2023

Investor this property has 2 units on a 100x142 (.33 ac) lot!! The first property is a 1144 sqft. Duplex with 572 sqft 1 bedroom & 1 bath on each side. Currently both sides are rented at $500 per month. The second property is a 832 sqft house with 2 bedrooms and 1 bath and currently is rented at $600 per month. Owner is willing to split the properties.

Last Agent to Sell the Property

April Reaves

Blue Sky Realty License #sa00090344 Listed on: 03/07/2023

Last Buyer's Agent

Michael Montana

Blue Sky Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $351

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Porch

Schools

  • Corning Elementary And Middle School
  • Corning High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Utility Expense $6,000

Listing and Financial Details

  • Assessor Parcel Number 722-00193-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$351

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Home W/ Rental Units
  • Style: 1 Story
  • Builder Owned: No
  • Legal Description: LOT:5-6 BLK:30 CITY/MUNI/TWP:C
  • Comments: The listing is a 1 bedroom/1 bath duplex and a 2 bedroom/ 1 bath house.
  • Levels: One Level
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 43.71
  • Square Footage: 1144.0

Exterior Features

  • Exterior: Vinyl Siding
  • Flood Zone: No
  • Roof: Metal
  • Fencing Features: None
  • Exterior Amenities: Porch

Garage/Parking

  • Parking Features: 2 Spaces/Unit

Utilities

  • Utility Expenses: 6000.00
  • Cooling Features: Wall/Window Unit
  • Heat Features: Wall Heater Ventless
  • Electric Features: Entergy
  • Gas Features: Natural Gas
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Lot Info

  • Acres: 0.3300
  • Lot Measurement: A
  • Lot Size Sq Ft: 14375.00
  • Price Per Acre: 151515.15
  • Lot Description: Corner Lot, Level

Tax Info

  • Year: 2022
  • Taxes: 351.00
  • Assessor Parcel Number: 722-00193-000

Multi Family

  • Number of 1 Bedroom Units: 2
  • Number of 2 Bedroom Units: 1
  • Number Of Units: 3

MLS Schools

  • Elementary School: Corning
  • HighSchool: Corning
  • Jr High School: Corning

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 21, 2023
Bought by
Mann Peyton
Seller's Agent
April Reaves
Blue Sky Realty
Buyer's Agent
Michael Montana
Blue Sky Realty
List Price
$50,000
Sold Price
$50,000
Views
8
Current Estimated Value
$91,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,085
Avg. Annual Appreciation
24.18%

Purchase Details

Closed on
Jun 22, 2000
Bought by
Blackman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mann Peyton $75,000 --
Blackman $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $50,000 0.0% $44 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $50,000 -- $44 / 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
2025 $522 $10,130 $640 $9,490
2024 $522 $10,130 $640 $9,490
2023 $385 $10,130 $640 $9,490
2022 $351 $7,540 $640 $6,900
2021 $351 $7,540 $640 $6,900
2020 $351 $7,540 $640 $6,900
2019 $351 $7,540 $640 $6,900
2018 $351 $7,540 $640 $6,900
2017 $324 $6,960 $540 $6,420
2016 -- $0 $0 $0
2015 -- $6,960 $540 $6,420
2014 -- $6,960 $540 $6,420
2013 -- $6,960 $540 $6,420
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    April Reaves

    Blue Sky Realty

    Section Image

  • M

    Buyer's Agent in 2023

    Michael Montana

    Blue Sky Realty

    Section Image
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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10104690

Northeast Arkansas Board of REALTORS®

APN: 722-00193-000

Arkansas Clay County Corning 72422

108 SE 1st St, Corning, AR

Not Listed for Sale

MultiFamily

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