NOT LISTED FOR SALE

112 Lake Ridge Dr Searcy, AR 72143

Estimated Value: $371,321 - $496,000

4 Beds
3.5 Baths
3,002 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $360,000 $120 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,575/month

32 Days on Market

Highlights

  • Lake Front
  • Safe Room
  • All Bedrooms Downstairs
  • Southwest Middle School Rated A-
  • RV Access or Parking
  • Sitting Area In Primary Bedroom

About This Home

As of June 2020

This craftsman style custom built home has 4 B/3.5 BA with bonus rm. upstairs which could be 5th bedrm. Open floor plan w/tray ceiling in living with rock fireplace, kitchen w/stainless appli., custom cabinets, granite counters. Lg. walk-in pantry/safe room. Wood floors, except baths, laundry and pantry which are ceramic tile. Bonus rm/carpet. Master is over sized w/sit. area and priv. deck. Lg. screened porch with addl. open covered deck. Surround sound system,Central vac, 200' lake frontage.

Last Agent to Sell the Property

David Lorton

Searcy Hometown Realty Listed on: 04/14/2020

Last Buyer's Agent

David Lorton

Searcy Hometown Realty Listed on: 04/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 2013

Lot Details

  • 1 Acre Lot
  • Lake Front

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Ridge Vents on the Roof
  • Metal Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,002 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Attic Floors

Kitchen

  • Breakfast Bar
  • Built-In Double Convection Oven
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Safe Room
  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Southwest Middle School
  • Searcy High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Craftsman
  • Ext Features: Deck, Screened Porch, Porch, Guttering, Shop, Rv Parking
  • Lake: Yes
  • LVT Date: 04/14/2020
  • Price Per Sq Ft: 119.92
  • Road Surface: Paved
  • Street Designation: Drive
  • Termite Company: Adam's
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Gas Starter, Insert Unit, Gas Logs Present
  • Bedrooms: All Bedrooms Down, 4 Bedrooms Same Level, Primary Bedroom Apart, Primary Bed. Sitting Area
  • Estimated Sq Ft: 3002
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Central Vacuum, Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Double Oven, Microwave, Surface Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Wall Oven, Convection Oven
  • Other Rooms: Office/Study, Bonus Room, Laundry, Safe/Storm Room
  • Stories: 1.5 Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock, Tray Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding, Stone, Shaker
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Tv-Cable, Tv-Satellite Dish, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Middle School: Southwest
  • High School: Searcy
  • Junior High: Ahlf

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 236' X 196' X 199' X 188'
  • Lot: In Subdivision, Lake Front
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows, Ridge Vents/Caps
  • Green Features: Low-E Windows, Programmable Thermostat

Tax Info

  • Annual Taxes: 1864.23

MLS Schools

  • HighSchool: Searcy
  • Middle School: Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jun 12, 2020
Sold by
Lorton David and Lorton Lisa
Bought by
Coker Michael H and Coker Sheila L
Seller's Agent
David Lorton
Searcy Hometown Realty
Buyer's Agent
David Lorton
Searcy Hometown Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$452,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,297
Avg. Annual Appreciation
4.09%
Original Mortgage
$288,000
Outstanding Balance
$258,091
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$184,928

Purchase Details

Closed on
Oct 24, 2012
Sold by
Taramina Properties Inc
Bought by
Lorton David and Lorton Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.4%
Mortgage Type
Construction
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
Coker Michael H $360,000 None Available
Lorton David $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coker Michael H $288,000
Previous Owner Lorton David $265,000
Previous Owner Lorton David $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $360,000 -4.0% $120 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $375,000 -- $125 / 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 $2,101 $52,800 $5,000 $47,800
2023 $1,676 $52,800 $5,000 $47,800
2022 $1,726 $52,800 $5,000 $47,800
2021 $1,726 $52,800 $5,000 $47,800
2020 $1,489 $46,840 $5,700 $41,140
2019 $1,489 $46,840 $5,700 $41,140
2018 $1,514 $46,840 $5,700 $41,140
2017 $1,864 $46,840 $5,700 $41,140
2016 $1,864 $46,840 $5,700 $41,140
2015 $2,271 $57,050 $6,400 $50,650
2014 $255 $6,400 $6,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20011769

Cooperative Arkansas REALTORS® MLS

APN: 002-00514-151