NOT LISTED FOR SALE

1408 Magnolia Rd Jonesboro, AR 72401

Estimated Value: $162,000 - $232,000

4 Beds
2 Baths
2,389 Sq Ft
$85/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $135,000 $57 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,206/month

160 Days on Market

Highlights

  • Guest House
  • Deck
  • Main Floor Primary Bedroom
  • 0.5 Acre Lot
  • Wood Flooring
  • Bonus Room

About This Home

As of November 2022

1408 Magnolia is a charming Bungalow home that is situated on 2 shaded lots. It's a two story home that is loaded with character. The property features oversized original moldings, large rooms, and gorgeous windows that let in plenty of natural light. The main floor offers 3 bedrooms and 2 baths, while an additional bedroom and second living area can be found upstairs. The main house also has a very large laundry room, sun room, and storage area.

Last Agent to Sell the Property

Brad Watson

Westbrook & Reeves Real Estate, LLC Listed on: 06/10/2022

Last Buyer's Agent

ASHLEY ENGELKEN

Westbrook & Reeves Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $211

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,389 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Shop

Additional Homes

  • Guest House

Schools

  • Jonesboro Elementary And Middle School
  • Jonesboro High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-144052-10100

Home Details

Home Type

Single Family

Est. Annual Taxes

$211

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Deck, Porch, Partially Fenced, Outside Storage Area, Shop, Guest House, Chain Link, Covered Patio
  • Inside City Limits: Yes
  • Legal 2: SEC 05 TWN 14 RNG 04 TWIN ACRE
  • LVT Date: 06/10/2022
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Rural Residential
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: Guest Bedroom Apart, Guest Bedroom/Main Lv, Primary Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2389
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Electric Range, Dishwasher
  • Other Rooms: Sun Room, Workshop/Craft, Bonus Room, Laundry
  • Stories: Two Story

Exterior Features

  • Roof: Metal, Architectural Shingle

Garage/Parking

  • Parking: Carport, One Car

Utilities

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

Schools

  • Junior High: Jonesboro

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 0.5114
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 01-144052-10100

Tax Info

  • Annual Taxes: 211.16
  • Year: 2021

MLS Schools

  • Elementary School: JONESBORO
  • HighSchool: JONESBORO
  • Middle School: JONESBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Nov 28, 2022
Sold by
Todd Jerry and Todd Elizabeth Ann
Bought by
Engelken Ashley
Seller's Agent
Brad Watson
Westbrook & Reeves Real Estate, LLC
Buyer's Agent
ASHLEY ENGELKEN
Westbrook & Reeves Real Estate, LLC
List Price
$189,900
Sold Price
$135,000
Premium/Discount to List
-$54,900
-28.91%
Views
134
Current Estimated Value
$202,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,211
Avg. Annual Appreciation
14.37%
Original Mortgage
$108,000
Outstanding Balance
$104,836
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$97,375

Purchase Details

Closed on
Nov 20, 2009
Sold by
Vonsande Sherri
Bought by
Todd Jerry and Todd Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,587
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2007
Sold by
Pulaski Bank
Bought by
Vonsande Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,368
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Bought by
Williams

Purchase Details

Closed on
Oct 28, 2003
Bought by
First Comm Bank

Purchase Details

Closed on
Jul 27, 1999
Bought by
Mitchell and Mitchell Murphy

Purchase Details

Closed on
May 23, 1988
Bought by
Haner

Purchase Details

Closed on
Mar 10, 1987
Bought by
Shelton

Purchase Details

Closed on
May 11, 1983
Bought by
Shelton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Engelken Ashley $135,000 --
Todd Jerry $78,000 Professional Title Services
Vonsande Sherri -- Professional Title Services
Williams $38,000 --
First Comm Bank -- --
Mitchell $49,000 --
Haner -- --
Shelton -- --
Shelton $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelken Ashley $108,000
Previous Owner Todd Jerry $76,587
Previous Owner Vonsande Sherri $53,368
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $135,000 -25.0% $57 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $179,900 -3.2% $75 / Sq Ft
07/14/2022 07/14/22 Price Changed $185,900 -2.1% $78 / Sq Ft
06/10/2022 06/10/22 For Sale $189,900 -- $79 / 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
2025 $1,661 $39,353 $2,000 $37,353
2024 $1,661 $39,353 $2,000 $37,353
2023 $1,621 $39,353 $2,000 $37,353
2022 $208 $39,353 $2,000 $37,353
2021 $211 $28,857 $1,600 $27,257
2020 $204 $28,857 $1,600 $27,257
2019 $196 $26,810 $1,600 $25,210
2018 $213 $26,810 $1,600 $25,210
2017 $206 $26,810 $1,600 $25,210
2016 $198 $12,990 $1,600 $11,390
2015 $198 $12,990 $1,600 $11,390
2014 $198 $12,990 $1,600 $11,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22019352

Cooperative Arkansas REALTORS® MLS

APN: 01-144052-10100