NOT LISTED FOR SALE

1422 Highway 367 N Newport, AR 72112

Estimated Value: $1,099,157

0.58 Acre
$1,895,098 Price per Acre
25,265 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $49,000

Est. 2,143% increase in value since last sale

Current estimated payment $6,603/month

3 Days on Market

About This Lot

As of October 2016

This home is located at 1422 Highway 367 N, Newport, AR 72112 since 05 July 2016 and is currently estimated at $1,099,157. 1422 Highway 367 N is a home located in Jackson County with nearby schools including Newport Elementary School and Newport High School.

Last Buyer's Agent

Mary Reid

Bratcher Real Estate License #00049842

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,363

Lot Details

Schools

  • Newport Elementary And Middle School

Property Details

Property Type

Land

Est. Annual Taxes

$7,363

Lot Details

0

Listing Details

  • Type: Vacant Land
  • Property Sub Type: Commercial Lot/Land Only
  • Legal Description: Part of Plots 17 & 18 Cherokee Farms Addition and an abandoned street all in the cit of Newport, AR
  • Special Features: None
  • Stories: 0

Exterior Features

  • Flood Zone: No

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Newport
  • Middle School: Newport

Lot Info

  • Lot Measurement: A

MLS Schools

  • Elementary School: Newport
  • Jr High School: Newport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 21, 2016
Sold by
Turner Mike
Bought by
Elite Investments Llc
Buyer's Agent
Mary Reid
Bratcher Real Estate
Sold Price
$49,000
Current Estimated Value
$1,099,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,050,157
Avg. Annual Appreciation
41.93%
Original Mortgage
$1,100,000
Outstanding Balance
$896,481
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$178,737

Purchase Details

Closed on
Mar 18, 2009
Bought by
J L Rentals Llc

Purchase Details

Closed on
Mar 5, 2009
Bought by
J L Rentals

Purchase Details

Closed on
May 2, 2008
Bought by
Sampson Jeff and Sampson Lauren
Source: Public Records

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 Buyer Sale Price Title Company
Elite Investments Llc $625,000 None Available
J L Rentals Llc -- --
J L Rentals -- --
Sampson Jeff $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Investments Llc $1,100,000
Previous Owner Northeast Holdings Llc $250,000
Previous Owner J L Rentals Llc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $49,000 -- --
07/08/2016 07/08/16 Pending -- -- --
Source: Northeast Arkansas Board of REALTORS®

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 $7,363 $156,860 $11,370 $145,490
2023 $6,694 $128,730 $6,880 $121,850
2022 $6,981 $130,710 $6,880 $123,830
2021 $6,850 $130,710 $6,880 $123,830
2020 $6,850 $130,710 $6,880 $123,830
2019 $6,850 $130,710 $6,880 $123,830
2018 $3,559 $69,780 $3,830 $65,950
2017 $3,559 $69,780 $3,830 $65,950
2015 -- $69,780 $3,830 $65,950
2014 -- $69,780 $3,830 $65,950
2013 -- $69,780 $3,830 $65,950
2012 -- $90,892 $6,032 $84,860
Source: Public Records

Agents Affiliated with this Home

  • Mary Reid

    Buyer's Agent in 2016

    Mary Reid

    Bratcher Real Estate

    (870) 512-8660

    75 in this area

    109 Total Sales

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10067055

Northeast Arkansas Board of REALTORS®

APN: 013-01127-001

Arkansas Jackson County Newport 72112

1422 Highway 367 N, Newport, AR

This home is located at 1422 Highway 367 N, Newport, AR 72112 since 05 July 2016 and is currently estimated at $1,099,157. 1422 Highway 367 N is a home located in Jackson County with nearby schools including Newport Elementary School and Newport 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.

Northeast Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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