$190,000
SOLD SEP 20, 2024

1351 W Main St Unit 1351,1353,1355,1357, Lamar, AR 72846

-- Bed
-- Bath
5,484 Sq Ft
1.67 Acres

Recently Sold

$35 Per Sq Ft

34% Below List Price

57 Days on Market

Highlights

  • Deck
  • Outdoor Storage
  • Ceiling Fan
  • Ranch Style House
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of September 2024

Investment opportunity with proven cash flow. 6 units consisting of 5 manufactured homes (1993 Encore 14 x 17, (2) 2001 Clayton 14 x 65, 1994 Legend 16 x 72, & a 2005 Cavalier 16 x 80) (BR/BA 1/1, 2/2, 2/2, 3/1, & 3/2) plus a 3/1 house w/ carport. All have HVAC. Most units have long term tenants with good payment history. Total annual rent: $42,300. Owner pays for water, trash, lawn, & security light approx. $500/month.

Last Agent to Sell the Property

Matthew Hurst

Century 21 Glover Town & Country Listed on: 07/10/2024

Century 21 Glover Town & Country

Last Buyer's Agent

Matthew Hurst

Century 21 Glover Town & Country Listed on: 07/10/2024

Century 21 Glover Town & Country

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1.67 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Ranch Style House
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 5,484 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Vinyl Flooring
  • Partially Finished Basement
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Community Details

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Ranch
  • LVT Date: 07/10/2024
  • Price Per Sq Ft: 34.65
  • Road Surface: Paved
  • Type: Pkg Single Family
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Basement: Partially Finished
  • Floors: Vinyl
  • Foundation: Crawl Space
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Fan - Ceiling
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal
  • Exterior Features: Outside Storage Area, Deck

Garage/Parking

  • Garage/Parking: Carport

Utilities

  • Utilities: Electric-Co-Op
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.67
  • Estimated Lot Size: 290x240
  • Lot: Level, Flood Insurance Required
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Annual Expenses: 5683
  • Tenant Expenses: Electric
  • Number Of One Bedroom Units: 1
  • Number Of Three Bedroom Units: 3
  • Number Of Two Bedroom Units: 2
  • Number Units: 6

Tax Info

  • Annual Taxes: 5683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 20, 2024
Sold by
Jem Investments Llc
Bought by
Gutierrez Rutilio Carrillo
Seller's Agent
Matthew Hurst
Century 21 Glover Town & Country
Buyer's Agent
Matthew Hurst
Century 21 Glover Town & Country
List Price
$289,900
Sold Price
$190,000
Premium/Discount to List
-$99,900
-34.46%
Views
6
Current Estimated Value
$188,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,524
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Jones Remond and Jones Linda
Bought by
Hurst Matthew and Stewart Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
4.15%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $190,000 Currans Abstract & Title
Warranty Deed $117,000 Currans Abstract And Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $190,000 -24.0% $35 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $249,900 -10.7% $46 / Sq Ft
07/31/2024 07/31/24 Price Changed $279,900 -3.4% $51 / Sq Ft
07/10/2024 07/10/24 For Sale $289,900 -- $53 / 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 $1,125 $20,330 $1,610 $18,720
2023 $1,124 $20,330 $1,610 $18,720
2022 $1,124 $20,330 $1,610 $18,720
2021 $1,124 $20,330 $1,610 $18,720
2020 $1,058 $20,330 $1,610 $18,720
2019 $961 $17,390 $1,750 $15,640
2018 $961 $17,390 $1,750 $15,640
2017 $738 $17,390 $1,750 $15,640
2015 $662 $13,080 $1,750 $11,330
2014 -- $7,510 $1,200 $6,310
2013 -- $7,510 $1,200 $6,310
Source: Public Records

Agents Affiliated with this Home

  • Matthew Hurst

    Seller's Agent in 2024

    Matthew Hurst

    Century 21 Glover Town & Country

    (479) 979-7021

    261 Total Sales

    Matthew Hurst
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24024359

Cooperative Arkansas REALTORS® MLS

APN: 008-00445-000

Arkansas Johnson County Lamar 72846

1351 W Main St Unit 1351,1353,1355,1357,, Lamar, AR

This home is located at 1351 W Main St Unit 1351,1353,1355,1357,, Lamar, AR 72846 and is currently priced at $190,000, approximately $34 per square foot. This property was built in 1978. 1351 W Main St Unit 1351,1353,1355,1357, is a home located in Johnson County with nearby schools including Lamar Elementary School, Lamar Middle School, and Lamar 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.

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