NOT LISTED FOR SALE

112 Cut-Off Rd Searcy, AR 72143

Estimated Value: $113,000 - $133,000

3 Beds
1 Bath
1,405 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $100,000 $71 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $688/month

26 Days on Market

Highlights

  • Country Style Home
  • Workshop
  • 1-Story Property
  • Southwest Middle School Rated A-
  • Paneling
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

Are you wanting to live in the country and be close to Searcy and Hwy. 13 bypass? This country home is built like a fort and has 2.5 acres of land plus a shop. It is the perfect opportunity for those seeking a peaceful country lifestyle without sacrificing convenience. Whether you're are looking for a camp atmosphere or a young couple or a single starting a new chapter or a retiree looking for a quiet retreat, this property offers the best of all worlds. Don't miss out on the chance to make this a rental or your country home or your camp for fishing on the Little Red River. Seller has made improvements and is offering $1,000 flooring allowance.

Last Agent to Sell the Property

Liz Howell

Howell Realty Pros Listed on: 11/05/2023

Last Buyer's Agent

Courtney Harris

Dustin White Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1968

Lot Details

  • 2.5 Acre Lot
  • Sloped Lot

Home Design

  • Country Style Home
  • Architectural Shingle Roof

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Combination Kitchen and Dining Room
  • Workshop
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Restrictions: Right-Of-Way Easement
  • Class: Residential
  • Style: Country
  • LVT Date: 11/07/2023
  • Price Per Sq Ft: 71.17
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1405
  • Bedrooms: 3
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Workshop/Craft
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Paneling

Exterior Features

  • Exterior: Block
  • Roof: 3 Tab Shingles

Utilities

  • Utilities: Septic, Water-Public
  • Heat Air: Window Units, Space Heater-Gas, Space Heater-Electric

Lot Info

  • Estimated Lot Size: 2.5
  • Estimated Lot Size: 2.5
  • Lot: Sloped
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
Jan 29, 2024
Sold by
Bowman Colton Austin and Bowman Dezirae
Bought by
Mccorkle Sharon
Seller's Agent
Liz Howell
Howell Realty Pros
Buyer's Agent
Courtney Harris
Dustin White Realty
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Total Days on Market
26
Views
103
Current Estimated Value
$121,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,615
Avg. Annual Appreciation
15.60%
Original Mortgage
$80,396
Outstanding Balance
$79,364
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$42,251

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jun 9, 2020
Sold by
Gilpin Joseph Manly
Bought by
Faulk Austin
Seller's Agent
Janice Wright
Dalrymple
Buyer's Agent
Charlie Howell
Howell Realty Pros
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$77,777
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccorkle Sharon $100,000 Professional Land Title Of Ark
Faulk Austin $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccorkle Sharon $80,396
Previous Owner Faulk Austin $77,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $100,000 -4.8% $71 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/05/2023 11/05/23 For Sale $105,000 +40.0% $75 / Sq Ft
06/05/2020 06/05/20 Sold $75,000 +7.3% $51 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $69,900 -- $48 / 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 $500 $12,560 $1,600 $10,960
2023 $500 $12,560 $1,600 $10,960
2022 $125 $12,560 $1,600 $10,960
2021 $125 $12,560 $1,600 $10,960
2020 $366 $9,990 $2,300 $7,690
2019 $348 $9,990 $2,300 $7,690
2018 $348 $9,990 $2,300 $7,690
2017 $348 $9,990 $2,300 $7,690
2016 $348 $8,750 $2,300 $6,450
2015 $348 $8,750 $2,500 $6,250
2014 $348 $8,750 $2,500 $6,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23035962

Cooperative Arkansas REALTORS® MLS

APN: 001-08442-000