NOT LISTED FOR SALE

112 Cutoff 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

23 Days on Market

About This Home

As of January 2024

This home is located at 112 Cutoff Rd, Searcy, AR 72143 since 07 November 2023 and is currently estimated at $121,615, approximately $86 per square foot. This property was built in 1968. 112 Cutoff Rd is a home located in White County with nearby schools including McRae Elementary School, Southwest Middle School, and Ahlf Junior High School.

Courtney Harris

Dustin White Realty License #00091551 Listed on: 11/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • 1968

Lot Details

  • 1.5

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Searcy Elementary And Middle School
  • Searcy High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

1968

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Builder Owned: No
  • Legal Description: NW NE LYING N & W OF CUTOFF RD
  • Level: One
  • Special Features: None
  • Stories: 0
  • Year Built: 1968

Interior Features

  • Bedrooms: 3
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: Yes
  • Bedroom 3 Level: Main
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Price Per Square Foot: 71.17
  • Square Footage: 1405.0
  • Above Grade Finished Sq Ft: 1405

Exterior Features

  • Flood Zone: Unknown

Garage/Parking

  • Garage Type: None

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Searcy
  • Middle School: Searcy
  • High School: Searcy

Lot Info

  • Lot Measurement: Acres

MLS Schools

  • Elementary School: Searcy
  • HighSchool: Searcy
  • Jr High School: Searcy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 29, 2024
Sold by
Bowman Colton Austin and Bowman Dezirae
Bought by
Mccorkle Sharon
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
23
Views
2
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
13.85%
Original Mortgage
$80,396
Outstanding Balance
$79,364
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$39,776

Purchase Details

Closed on
Jun 9, 2020
Sold by
Gilpin Joseph Manly
Bought by
Faulk Austin

Home Financials for this Owner

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

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Range of Values:

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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
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
11/30/2023 11/30/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $105,000 -- $75 / 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 $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

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10112356

Northeast Arkansas Board of REALTORS®

APN: 001-08442-000