NOT LISTED FOR SALE

1220 Salem Rd Conway, AR 72034

Downtown Conway Neighborhood

Estimated Value: $261,847 - $297,000

3 Beds
2 Baths
1,927 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $206,000 $107 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,638/month

About This Home

As of June 2024

leased for 6 months

Last Agent to Rent the Property

Elle Brasselle

Re/Max Elite NLR Listed on: 12/01/2023

Re/Max Elite NLR

Last Renter's Agent

Elle Brasselle

Re/Max Elite NLR Listed on: 12/01/2023

Re/Max Elite NLR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 9,453

Parking

  • 2 Car Garage

Home Design

  • 1,927 Sq Ft Home
  • House

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Rent: 9900

Listing Details

  • Class: Rental
  • Inside City Limits: Yes
  • LVT Date: 03/24/2024
  • Street Designation: Road
  • Type: Home
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Range W/Oven
  • Estimated Sq Ft: 1927
  • Bedrooms: 3
  • Full Bathrooms: 2

Garage/Parking

  • Garage: Two Car Garage

Utilities

  • Cooling: Central

Lot Info

  • Geo Subdivision: AR

Multi Family

  • Lease Duration: Six Months
  • Lease Required: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 5, 2023
Sold by
New Era Development Group Llc
Bought by
Burnol Mandalor Properties Llc
Seller's Agent
Lucio Zamora
RE/MAX Elite Conway Branch
Buyer's Agent
Lucio Zamora
RE/MAX Elite Conway Branch
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$275,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,462
Avg. Annual Appreciation
12.59%
Original Mortgage
$255,000
Outstanding Balance
$146,677
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
$128,785

Purchase Details

Closed on
Mar 11, 2019
Sold by
Miller David
Bought by
New Era Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 2007
Bought by
Miller

Purchase Details

Closed on
Jul 24, 2007
Bought by
Miller
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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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
Burnol Mandalor Properties Llc $206,000 Lenders Title Company
New Era Development Group Llc $130,000 Faulkner County Title Co
Miller $133,000 --
Miller $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnol Mandalor Properties Llc $255,000
Previous Owner New Era Development Group Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2024 06/30/24 Rented $19,800 0.0% --
02/09/2024 02/09/24 Under Contract -- -- --
12/01/2023 12/01/23 For Rent $19,800 0.0% --
07/05/2023 07/05/23 Sold $206,000 0.0% $104 / Sq Ft View Prior Sale
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $206,000 -- $104 / 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 $2,263 $44,720 $3,600 $41,120
2024 $2,263 $44,720 $3,600 $41,120
2023 $1,830 $36,570 $3,600 $32,970
2022 $1,690 $36,570 $3,600 $32,970
2021 $1,549 $36,570 $3,600 $32,970
2020 $1,408 $27,830 $3,600 $24,230
2019 $1,033 $27,830 $3,600 $24,230
2018 $1,058 $27,830 $3,600 $24,230
2017 $1,058 $27,830 $3,600 $24,230
2016 $1,058 $27,830 $3,600 $24,230
2015 $1,353 $26,730 $3,600 $23,130
2014 $1,003 $26,730 $3,600 $23,130
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2024

    Elle Brasselle

    RE/MAX

    (501) 361-7435

    7 Total Sales

    Elle Brasselle
    Section Image
  • Lucio Zamora

    Seller's Agent in 2023

    Lucio Zamora

    RE/MAX

    (501) 339-6279

    57 in this area

    192 Total Sales

    Lucio Zamora
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24009854

Cooperative Arkansas REALTORS® MLS

APN: 710-06383-000

Arkansas Faulkner County Conway 72034 Downtown Conway

1220 Salem Rd, Conway, AR

Not Listed for Sale

Detached

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