NOT LISTED FOR SALE

1284 Five Mile Loop Drasco, AR 72530

Estimated Value: $136,000 - $249,000

2 Beds
1 Bath
864 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $72,000 $83 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $981/month

281 Days on Market

Highlights

  • Horses Allowed On Property
  • Country Style Home
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Laundry Room

About This Home

As of July 2015

Ideal starter home with acreage. Acreage is about 95% fenced ready for horses or cattle Shop is 24X22 and has hard floor and has electricity.

Last Listed By

Randall Carlton

Crye*Leike Brock Real Estate GF Branch Listed on: 09/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1996

Lot Details

  • 15 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Sloped Lot

Parking

  • Carport

Home Design

  • Country Style Home
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Farming

  • Cattle
  • Hogs
  • Livestock

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Butane Gas
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Energy-Efficient Insulation
  • Horses Allowed On Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Country
  • Ext Features: Porch, Partially Fenced, Outside Storage Area, Shop
  • Price Per Sq Ft: 83.33
  • Road Surface: Paved
  • Street Designation: Loop
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 864
  • Bedrooms: 2
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Gas Range
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Septic, Water-Public, Well, Electric-Co-Op, Gas-Propane/Butane, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 15
  • Estimated Lot Size: 15 acres
  • Farmranch: Livestock Allowed, Stock Pond, Hog, Cattle, Horses
  • Lot: Sloped, Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 610.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2014
Closed on
Jul 21, 2015
Sold by
Bufford Melvin and Bufford Jamies Melvin
Bought by
Perry Timothy A
Seller's Agent
Randall Carlton
Crye*Leike Brock Real Estate GF Branch
Buyer's Agent
Randall Carlton
Crye*Leike Brock Real Estate GF Branch
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Total Days on Market
281
Current Estimated Value
$176,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,045
Avg. Annual Appreciation
7.03%
Original Mortgage
$57,733
Outstanding Balance
$46,802
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$93,298

Purchase Details

Closed on
Nov 1, 1993
Bought by
Bufford Bessie

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
Perry Timothy A $72,000 Cornerstone Title & Escrow S
Bufford Bessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Perry Timothy $57,733
Open Perry Timothy $95,000
Previous Owner Bufford James Melvin $30,000
Previous Owner Bufford Melvin $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $72,000 -19.9% $83 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
09/13/2014 09/13/14 For Sale $89,900 -- $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
2024 $59 $15,997 $1,051 $14,946
2023 $156 $17,915 $1,051 $16,864
2022 $177 $17,915 $1,051 $16,864
2021 $147 $12,497 $1,042 $11,455
2020 $147 $12,497 $1,042 $11,455
2019 $147 $12,497 $1,042 $11,455
2018 $172 $12,497 $1,042 $11,455
2017 $172 $12,497 $1,042 $11,455
2016 $521 $15,738 $3,260 $12,478
2015 $313 $15,888 $3,410 $12,478
2014 $257 $14,567 $3,410 $11,157
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Randall Carlton

    Crye*Leike Brock Real Estate GF Branch

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Map

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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10400014

Cooperative Arkansas REALTORS® MLS

APN: 001-03980-000

Arkansas Cleburne County Drasco 72530

1284 Five Mile Loop, Drasco, AR

Homes for Sale in Drasco, AR

This home is located at 1284 Five Mile Loop, Drasco, AR 72530 since 13 September 2014 and is currently estimated at $176,045, approximately $203 per square foot. This property was built in 1996. 1284 Five Mile Loop is a home located in Cleburne County with nearby schools including Concord Elementary School and Concord 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.