$130,000
SOLD NOV 23, 2022
3 Beds
1 Bath
1,215 Sq Ft
0.38 Acres

Recently Sold

$107 Per Sq Ft

24% Below List Price

94 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • Conway Junior High School Rated A-
  • 1-Story Property

About This Home

As of November 2022

This property could be rezoned for commercial. It has new roof, new insulated windows, and new outside paint. It has been completely gutted and ready for new owner to make it great for a quite business or the entrepreneurs dream. To be sold as is. Great location.

Last Agent to Sell the Property

Timothy Morse

Champions Realty Inc.

Last Buyer's Agent

Reed Shepherd

Eagle Rock Realty & Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1962

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Carport

Schools

  • Ida Burns Elementary School
  • Conway Middle School
  • Conway High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 07/19/2022
  • Price Per Sq Ft: 107
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Estimated Sq Ft: 1215
  • Bedrooms: 3
  • Foundation: Slab
  • Full Bathrooms: 1
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Carport, Two Car

Utilities

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

Schools

  • Elementary School: Ida Burns
  • High School: Conway
  • Junior High: Conway

Lot Info

  • Estimated Lot Size: 0.38
  • Estimated Lot Size: 125X100
  • Lot: Corner Lot
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 690.68

MLS Schools

  • Elementary School: Ida Burns
  • HighSchool: Conway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Nov 28, 2022
Sold by
Riverwood Properties Llc
Bought by
Conway Quest Development Llc
Seller's Agent
Timothy Morse
Champions Realty Inc.
Buyer's Agent
Reed Shepherd
Eagle Rock Realty & Property Management
List Price
$170,000
Sold Price
$130,000
Premium/Discount to List
-$40,000
-23.53%
Total Days on Market
94
Views
15
Current Estimated Value
$161,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,540
Avg. Annual Appreciation
9.08%
Original Mortgage
$140,000
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 28, 2021
Sold by
Pearce Sharon Kay and Pearce Jimmy Ray
Bought by
Riverwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1992
Bought by
Pearce

Map

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 Type Sale Price Title Company
Warranty Deed $130,000 Lenders Title Company
Warranty Deed $95,000 Faulkner County Title Co
Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $140,000 Construction
Previous Owner $124,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $15,600 0.0% --
01/30/2024 01/30/24 Under Contract -- -- --
02/28/2023 02/28/23 For Rent $15,600 0.0% --
11/23/2022 11/23/22 Sold $130,000 -7.1% $107 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $140,000 -9.7% $115 / Sq Ft
09/09/2022 09/09/22 Price Changed $155,000 -8.8% $128 / Sq Ft
07/19/2022 07/19/22 For Sale $170,000 -- $140 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $941 $28,200 $3,650 $24,550
2023 $855 $16,900 $3,040 $13,860
2022 $855 $16,900 $3,040 $13,860
2021 $835 $16,900 $3,040 $13,860
2020 $760 $15,010 $3,040 $11,970
2019 $760 $15,010 $3,040 $11,970
2018 $760 $15,010 $3,040 $11,970
2017 $760 $15,010 $3,040 $11,970
2016 $773 $15,270 $3,040 $12,230
2015 $773 $15,270 $3,040 $12,230
2014 $773 $15,270 $3,040 $12,230
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22024403

Cooperative Arkansas REALTORS® MLS

APN: 710-08272-000