NOT LISTED FOR SALE

150 Sfc 420 Forrest City, AR 72335

Estimated Value: $108,000 - $149,000

4 Beds
2 Baths
1,889 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $110,000 $58 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $745/month

84 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Cul-De-Sac
  • In-Law or Guest Suite

About This Home

As of February 2024

Forrest City, Arkansas is located in Northeast Arkansas off of Interstate 40, between Little Rock and Memphis (45 miles west of Memphis and 85 miles east of Little Rock). Forrest Citys population is approximately 15,371. Forrest City, is known as the Jewel of the Delta, and the Hub of Business and Industry in Eastern Arkansas. Forrest City is home to several businesses employing over 200 people such as Boars Head Provision, Airtherm Products Inc., Coremart, Federal Correctional Institute, Forrest City Medical Center, Forrest City School District and Wal-Mart Supercenter. In addition, we have over 31 restaurants and 700 hotel/motel rooms. There have a strong educational environment; with East Arkansas Community College (www.eacc.edu) - whose primary focus is a commitment to learning by educating and preparing students to become responsible citizens and contributing members of society. The average annual temperature of Forrest City is 60.93F. The average annual rainfall is 48.86 inches, the average annual snowfall is 2.75 inches and the average annual humidity is 78.56%.

Last Agent to Sell the Property

Kelly Lewis

Kelly Lewis Real Estate Listed on: 10/18/2023

Last Buyer's Agent

Kelly Lewis

Kelly Lewis Real Estate Listed on: 10/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Level Lot

Home Design

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

Interior Spaces

  • 1,889 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 10/23/2023
  • Road Surface: Paved
  • Type: Rural Residential
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 2 Bedrooms Same Level, 2 Bedrooms Upper Level
  • Estimated Sq Ft: 1889
  • Bedrooms: 4
  • Floors: Wood
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Den/Family Room
  • Stories: Two Story

Exterior Features

  • Exterior: Brick
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1
  • Lot: Level, Cul-De-Sac, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Feb 16, 2024
Sold by
Rice Steven and Rice Michelle
Bought by
June Ivy Llc
Seller's Agent
Kelly Lewis
Kelly Lewis Real Estate
Buyer's Agent
Kelly Lewis
Kelly Lewis Real Estate
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Views
378
Current Estimated Value
$129,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,854
Avg. Annual Appreciation
9.28%
Original Mortgage
$88,000
Outstanding Balance
$83,946
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$45,908

Purchase Details

Closed on
Mar 10, 2021
Sold by
Daniels Donice and Rice Donna Jean
Bought by
Rice Steven and Rice Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,781
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
June Ivy Llc $110,000 None Listed On Document
Rice Steven $40,000 Forrest City Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open June Ivy Llc $88,000
Previous Owner Rice Steven $41,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $110,000 -15.4% $58 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
10/18/2023 10/18/23 For Sale $130,000 -- $69 / 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 $778 $20,040 $1,090 $18,950
2024 $798 $20,040 $1,090 $18,950
2023 $798 $20,040 $1,090 $18,950
2022 $778 $20,040 $1,090 $18,950
2021 $58 $15,990 $1,090 $14,900
2020 $58 $15,990 $1,090 $14,900
2019 $69 $15,990 $1,090 $14,900
2018 $94 $15,990 $1,090 $14,900
2017 $444 $15,990 $1,090 $14,900
2016 $444 $11,160 $1,090 $10,070
2015 $444 $11,160 $1,090 $10,070
2014 $444 $11,160 $1,090 $10,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23034054

Cooperative Arkansas REALTORS® MLS

APN: 0146-00009-0000