NOT LISTED FOR SALE

112 Summerwood Dr Searcy, AR 72143

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

3 Beds
2 Baths
1,408 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $110,200 $78 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,056/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Tray Ceiling
  • Southwest Middle School Rated A-
  • Porch
  • Patio

About This Home

As of March 2021

Nice brick house on corner lot. Lg Living Rm w/tray ceiling. Split floor plan. Laundry Rm. Also has Strg Bldg and Patio. Located close to new bypass. Seller does not pay customary closing cost: including Title Policy, escrow fees, survey, or transfer fees. Proof of funds required on cash transactions, Lender Pre-Approval letter for financed offers (dated within last 30 days). Seller is Secretary of Veterans Affairs. This property may qualify for Seller Financing (Vendee). Multiple offers...see agent remarks

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 01/29/2021

RE/MAX Advantage

Last Buyer's Agent

Larry DeGroat

Realty Professionals, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1995

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Outside Storage Area
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 01/30/2021
  • Price Per Sq Ft: 78.27
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1995
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1408
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Ceiling Fan(s)
  • Kitchen Equip: Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock, Tray Ceiling, Wallpaper

Exterior Features

  • Exterior: Brick
  • Roof: Composition, 3 Tab Shingles

Garage/Parking

  • Parking: Garage, Two Car, Side Entry

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: .25
  • Lot: Level, Corner Lot, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 10, 2021
Sold by
Secretary Of Veterans Affairs
Bought by
Jenkins Timothy Scott
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Larry DeGroat
Realty Professionals, Inc.
List Price
$100,000
Sold Price
$110,200
Premium/Discount to List
$10,200
10.2%
Current Estimated Value
$179,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,563
Avg. Annual Appreciation
11.57%

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 4, 2021
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Larry DeGroat
Realty Professionals, Inc.
List Price
$100,000
Sold Price
$110,200
Premium/Discount to List
$10,200
10.2%

Purchase Details

Closed on
Jan 8, 2021
Sold by
Smith Jimmy A and Smith Derenda R
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Feb 11, 2015
Bought by
Withrow

Purchase Details

Closed on
Jun 1, 1995
Bought by
Murray Edward E and Murray Nina D
Source: Public Records

Range of Values:

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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
Jenkins Timothy Scott $110,200 None Available
Secretary Of Veterans Affairs -- None Available
Pennymac Loan Services Llc $86,268 None Available
Withrow -- --
Withrow Laura -- --
Murray Edward E $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Timothy Scott $200,000
Closed Jenkins Timothy Scott $102,000
Previous Owner Smith Jimmy A $109,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $110,200 +10.2% $78 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $100,000 -7.0% $71 / Sq Ft
06/08/2015 06/08/15 Sold $107,500 0.0% $76 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $107,500 -- $76 / 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 $932 $22,960 $4,500 $18,460
2023 $932 $22,960 $4,500 $18,460
2022 $932 $22,960 $4,500 $18,460
2021 $932 $22,960 $4,500 $18,460
2020 $474 $20,910 $5,500 $15,410
2019 $474 $20,910 $5,500 $15,410
2018 $849 $20,910 $5,500 $15,410
2017 $849 $20,910 $5,500 $15,410
2016 $849 $20,910 $5,500 $15,410
2015 $838 $20,630 $3,880 $16,750
2014 $838 $20,630 $3,880 $16,750
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Lercher

    RE/MAX

    (501) 993-6611

    134 Total Sales

    Mark Lercher
    Section Image
  • Larry DeGroat

    Buyer's Agent in 2021

    Larry DeGroat

    Realty Professionals, Inc.

    (501) 278-7659

    74 Total Sales

    Larry DeGroat
    Section Image
  • David Lorton

    Seller's Agent in 2015

    David Lorton

    Searcy Hometown Realty

    (501) 593-8599

    231 Total Sales

    David Lorton
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Castle

    RE/MAX

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21003035

Cooperative Arkansas REALTORS® MLS

APN: 016-02080-091

Arkansas White County Searcy 72143

112 Summerwood Dr, Searcy, AR

This home is located at 112 Summerwood Dr, Searcy, AR 72143 since 29 January 2021 and is currently estimated at $179,763, approximately $127 per square foot. This property was built in 1995. 112 Summerwood Dr is a home located in White County with nearby schools including McRae Elementary School, Southwest Middle School, and Ahlf Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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