NOT LISTED FOR SALE

115 Gorman Rd Vilonia, AR 72173

Estimated Value: $226,000 - $363,221

3 Beds
2 Baths
2,301 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $155,000 $67 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,812/month

203 Days on Market

Highlights

  • 5 Acre Lot
  • Great Room
  • Porch
  • Traditional Architecture
  • Game Room
  • Eat-In Kitchen

About This Home

As of July 2020

3 bed, 2 bath on 5 Acres with a seperate 2 Bed, 1 bath apt/inlaw quarters. New carpet. In-law quarters not included in sq footage needs work. Great opportunity for large home on acreage. Call for your private showing today.

Last Agent to Sell the Property

Laura Dryer

RE/MAX Elite Conway Branch Listed on: 12/31/2019

RE/MAX Elite Conway Branch

Last Buyer's Agent

Cris Gordon

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Rock and Frame
  • Composition Roof

Interior Spaces

  • 2,301 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Outside Storage Area
  • LVT Date: 12/31/2019
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2301
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Great Room, Den/Family Room, Game Room
  • Stories: One Story

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 5
  • Estimated Lot Size: 5.00
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1677.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Jul 31, 2020
Sold by
Crum Investment Properties Llc
Bought by
Glesmann Brandon J and Mendelssohn Sabrina N
Seller's Agent
Laura Dryer
RE/MAX Elite Conway Branch
Buyer's Agent
Cris Gordon
Keller Williams Realty
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Current Estimated Value
$307,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,805
Avg. Annual Appreciation
13.99%
Original Mortgage
$151,098
Outstanding Balance
$133,984
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$173,821

Purchase Details

Closed on
Sep 23, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Mar 23, 2010
Sold by
Ruple Gelia M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 30, 2005
Bought by
Ruple

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2005
Sold by
Waddle David and Waddle Patrina
Bought by
Ruple Gelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 1994
Bought by
David
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
Glesmann Brandon J $155,000 Faulkner County Title Co
The Secretary Of Hud -- --
Wells Fargo Bank Na -- --
Ruple $100,000 --
Ruple Gelia $100,000 None Available
Ruple $100,000 --
David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glesmann Brandon J $151,098
Previous Owner Ruple Gelia $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $155,000 -2.5% $67 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $159,000 -5.9% $69 / Sq Ft
04/02/2020 04/02/20 Price Changed $169,000 -3.4% $73 / Sq Ft
02/24/2020 02/24/20 Price Changed $175,000 -2.8% $76 / Sq Ft
12/31/2019 12/31/19 For Sale $180,000 -- $78 / 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
2025 $2,409 $67,380 $11,000 $56,380
2024 $2,291 $67,380 $11,000 $56,380
2023 $2,163 $44,870 $5,400 $39,470
2022 $1,888 $44,870 $5,400 $39,470
2021 $1,868 $44,870 $5,400 $39,470
2020 $1,330 $33,720 $5,400 $28,320
2019 $1,677 $33,140 $5,400 $27,740
2018 $1,677 $33,140 $5,400 $27,740
2017 $1,677 $33,140 $5,400 $27,740
2016 $1,677 $33,140 $5,400 $27,740
2015 $1,542 $32,000 $5,400 $26,600
2014 $1,622 $32,000 $5,400 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19039905

Cooperative Arkansas REALTORS® MLS

APN: 001-00308-000