NOT LISTED FOR SALE

131 Keith Rd Searcy, AR 72143

Estimated Value: $111,346 - $192,000

2 Beds
1 Bath
1,568 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $36,000 $23 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $772/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Combination Kitchen and Dining Room
  • Southwest Middle School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of July 2021

MOTIVATED SELLERS! Investor Alert! Live out your Inner HGTV star with this charming old home on 1.5 acres! This house has all the rustic charm to capture the attention of anyone with a eye for design. Shiplap and beautiful wood floors throughout! Solid bones but does need TLC. Perfect for investors who would love to transform this home into a beautiful living place with character, charm, and class!

Last Agent to Sell the Property

Stephanie Stark

RE/MAX Advantage Listed on: 05/10/2021

RE/MAX Advantage

Last Buyer's Agent

Stephanie Stark

RE/MAX Advantage Listed on: 05/10/2021

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1948

Lot Details

  • 1.5 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$434

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Legal 2: .32' X 120' X 293.06' X 181.59
  • LVT Date: 05/10/2021
  • Price Per Sq Ft: 22.96
  • Road Surface: Gravel
  • Street Designation: Road
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Decorative/Non-Functional
  • Bedrooms: All Bedrooms Down
  • Estimated Sq Ft: 1568
  • Bedrooms: 2
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Other Rooms: Unfinished Space
  • Stories: One Story

Exterior Features

  • Exterior: Masonite
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Septic, Elec-Municipal (+Entergy)
  • Heat Air: Window Units

Lot Info

  • Estimated Lot Size: 1.5
  • Estimated Lot Size: 1.50
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 434
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Forman Courtney
Bought by
Forman Jerry
Total Days on Market
57
Current Estimated Value
$145,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,664,221
Interest Rate
4.3%
Mortgage Type
Assumption
Estimated Equity
-$2,521,161

Purchase Details

Closed on
Mar 1, 1991
Bought by
Butler Joe C and Butler Dorotha
Source: Public Records

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Range of Values:

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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
Forman Jerry -- None Available
Butler Joe C $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American Clothing Express Inc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $36,000 -20.0% $23 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/05/2021 06/05/21 Price Changed $45,000 -10.0% $29 / Sq Ft
05/10/2021 05/10/21 For Sale $50,000 -- $32 / 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 $18 $440 $420 $20
2023 $18 $440 $420 $20
2022 $18 $440 $420 $20
2021 $18 $440 $420 $20
2020 $38 $930 $280 $650
2019 $38 $930 $280 $650
2018 $38 $930 $280 $650
2017 $38 $930 $280 $650
2016 $38 $930 $280 $650
2015 $38 $940 $360 $580
2014 $35 $870 $360 $510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21014051

Cooperative Arkansas REALTORS® MLS

APN: 001-13555-004