NOT LISTED FOR SALE

1160 Cr 481 Rector, AR 72461

Estimated Value: $306,000 - $377,052

3 Beds
2 Baths
1,888 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $280,000 $148 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,908/month

30 Days on Market

About This Home

As of January 2021

This is a rare opportunity to own a beautiful farm! This newer construction home features 3 large bedrooms, 2 bathrooms, a custom kitchen, open floor plan, and a ceiling height double-sided electric fireplace. In the master bathroom, you'll find a large clawfoot tub and custom shower. Some of the finishes include nice stainless appliances, custom cabinetry, and luxurious hardwoods. No expense was spared with the construction. Spray foam insulation and top of the line windows make this home completely energy efficient. Outside you'll find a huge 30x70 4-bay shop with electric and its own bathroom. Also, you have a large 6 stall horse barn equipped with nice size tack room. Part of the acreage is fenced to accommodate animals, and part is open pasture land scattered with mature oak and pecan trees. Enjoy your private 15 acres from the covered back porch, or sit around the firepit and watch horses graze. If you want serene country life, this property is exactly what you're looking for.

Last Agent to Sell the Property

Amber Bowers

Image Realty License #SA00086053 Listed on: 09/07/2020

Home Details

Home Type

Single Family

Year Built

2012

Lot Details

0

Listing Details

  • Style: 1 Story
  • Age: 6-10
  • Estimated Heated Cooled Sq Ft: 1888
  • Estimated Sq Ft Range: 1701-2200
  • Class: RESIDENTIAL
  • Flood Zone: Unknown
  • Floors: Hardwood
  • Level: One
  • Price Per Sq Ft: 148.31
  • Type: SINGLE FAMILY
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 2012

Interior Features

  • Kitchen: Yes
  • Living Room: Yes
  • Dining Room: Yes
  • Master Bedroom: Yes
  • Master Bedroom Type: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: Yes
  • Bedroom 3 Level: Main
  • Additional Room: Yes
  • Fireplace Type: Free Standing
  • Workshop: Yes
  • Workshop Comments: 30x70 shop

Exterior Features

  • Exterior Amenities: Barn, Outbuildings, Workshop, Tack Room, Patio Covered
  • Number Of Acres: 15
  • Roof: Dimensional Shingles

Garage/Parking

  • Garage Type: Garage-Attached
  • Garage Capacity: Two

Utilities

  • Cooling: Electric
  • Heat: Electric
  • Water Supply: Rural

Lot Info

  • Lot Description: Secluded, Shade Trees, Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Jan 15, 2021
Bought by
Forsberg Myron L and Forsberg Donna Lee
Seller's Agent
Amber Bowers
Image Realty
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$341,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,526
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Kleffel Judith
Bought by
Blankenship Randy and Blankenship Becky

Purchase Details

Closed on
Sep 23, 2005
Bought by
Inman

Purchase Details

Closed on
Aug 13, 2003
Bought by
Payne

Purchase Details

Closed on
Jan 22, 1997
Bought by
Mcclung

Purchase Details

Closed on
Jul 27, 1994
Bought by
Rogers
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Forsberg Myron L $280,000 --
Blankenship Randy $35,000 --
Inman -- --
Payne $14,000 --
Mcclung $14,000 --
Gilbee $14,000 --
Rogers $11,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $280,000 -3.4% $148 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $289,900 -- $154 / 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
2025 $1,612 $33,240 $1,930 $31,310
2024 $1,589 $33,240 $1,930 $31,310
2023 $1,459 $33,240 $1,930 $31,310
2022 $1,300 $26,800 $3,470 $23,330
2021 $925 $26,800 $3,470 $23,330
2020 $925 $26,800 $3,470 $23,330
2019 $915 $26,800 $3,470 $23,330
2018 $922 $26,800 $3,470 $23,330
2017 $1,342 $27,840 $2,560 $25,280
2016 -- $27,840 $2,560 $25,280
2015 -- $27,540 $2,560 $24,980
2014 -- $27,410 $2,560 $24,850
2013 -- $27,410 $2,560 $24,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10088687

Northeast Arkansas Board of REALTORS®

APN: 051-04803-000