NOT LISTED FOR SALE

1404 Gum Springs Rd Searcy, AR 72143

Estimated Value: $184,000 - $216,000

3 Beds
2 Baths
1,706 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $74,000 $43 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,115/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Built-in Bookshelves
  • Breakfast Bar
  • Southwest Middle School Rated A-
  • Paneling
  • Laundry Room

About This Home

As of June 2020

This home needs some TLC. Great floor plan. Over 1700 sq ft. Has new roof. 3 Bedrooms, 2 full bath both with double vanity. New water heater. Priced to sell! Great location.

Last Agent to Sell the Property

Lee Teed

RE/MAX Advantage Listed on: 05/27/2020

RE/MAX Advantage

Last Buyer's Agent

Stuart Greer

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Paneling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 05/26/2020
  • Price Per Sq Ft: 43.38
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1706
  • Bedrooms: 3
  • Floors: Concrete, Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Built-Ins, Ceiling Fan(s), Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.3
  • Estimated Lot Size: .30
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 639.86
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Copeland Rental Properties Inc
Bought by
Boyd Cameron Grace and Boyd Michael Layne
Total Days on Market
1
Current Estimated Value
$193,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,737
Outstanding Balance
$111,675
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$80,821

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 24, 2020
Sold by
Schol Eric and Schol Laura
Bought by
Copeland Rental Properties Inc
Seller's Agent
Lee Teed
RE/MAX Advantage
Buyer's Agent
Stuart Greer
RE/MAX Advantage
List Price
$87,000
Sold Price
$74,000
Premium/Discount to List
-$13,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.40%
Original Mortgage
$74,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2020
Sold by
Schol Eric and Estate Of Lena Ruth Pearson
Bought by
Schol Eric and Schol John William

Purchase Details

Closed on
Jan 1, 1986
Bought by
Pearson Lena R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boyd Cameron Grace $122,500 None Available
Copeland Rental Properties Inc $74,000 None Available
Schol Eric -- None Available
Pearson Lena R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Cameron Grace $123,737
Previous Owner Copeland Rental Properties Inc $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $74,000 -14.9% $43 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $87,000 -- $51 / 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 $1,035 $25,490 $4,200 $21,290
2023 $610 $25,490 $4,200 $21,290
2022 $660 $25,490 $4,200 $21,290
2021 $660 $25,490 $4,200 $21,290
2020 $640 $24,930 $6,600 $18,330
2019 $207 $24,930 $6,600 $18,330
2018 $232 $24,930 $6,600 $18,330
2017 $582 $24,930 $6,600 $18,330
2016 $582 $14,330 $6,600 $7,730
2015 $582 $14,330 $5,720 $8,610
2014 $582 $14,330 $5,720 $8,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20015918

Cooperative Arkansas REALTORS® MLS

APN: 016-02124-013