$189,900
SOLD OCT 22, 2024

1503 Preston Rd West Memphis, AR 72301

3 Beds
2 Baths
1,456 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

5% Below List Price

About This Home

As of October 2024

Major Price Adjustment!! A beautiful touch of modern design has been added to this charming ranch style plan. Important updates have enhanced the oversized family room with the addition of updated flooring and large windows which flood the space with warm and inviting natural light. Inside and beyond the covered front porch you'll discover a spacious 3 bed, 1.5 bath layout which includes tons of great spaces such as a large carport, a spacious covered outdoor entertainment area, and even a storage building for all your lawn tools and Christmas decor. You'll also love the gourmet kitchen which is an entertainer's dream with granite countertops, gas range and super long bar that is open to the dining space. Check out the attention to detail with a fun wood focal wall in the dining area. The sleeping quarters can be found down the hall. Take note of how each bedroom is freshly painted and the primary bedroom has its own walk-in closet and private bathroom. No shortage of closet space in this home. The mudroom/laundry has extra pantry shelving too. This cozy home is ready for your family and has already had the major updates completed: roof 1 year old, new vinyl windows, painted brick exterior, granite countertops, bathroom remodel and covered patio area that is perfect for watching fall football games and grilling. Don't let this home slip away!!!

Last Agent to Sell the Property

Kathryn Pirani

Post House Properties Brokerage Phone: 8703944520 License #SA00063806 Listed on: 07/30/2024

Last Buyer's Agent

Pamela Capps

Post House Properties License #PB00082385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Oct 22, 2024
Sold by
Wylie Investment Properties Llc
Bought by
Stevenson Jacob
Seller's Agent
Kathryn Pirani
Post House Properties
Buyer's Agent
Pamela Capps
Post House Properties
List Price
$199,900
Sold Price
$189,900
Premium/Discount to List
-$10,000
-5%
Views
40
Current Estimated Value
$184,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,570
Avg. Annual Appreciation
-6.32%
Original Mortgage
$10,100
Outstanding Balance
$5,115
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$176,773

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jun 28, 2024
Sold by
Kralis Amanda N
Bought by
Wylie Investment Properties Llc
Seller's Agent
Pamela Capps
Post House Properties
Buyer's Agent
Kathryn Pirani
Post House Properties
List Price
$165,000
Sold Price
$164,000
Premium/Discount to List
-$1,000
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.13%
Original Mortgage
$152,000
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2020
Sold by
Jones Kimberly C
Bought by
Kralis Amanda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2014
Sold by
Edward Edward
Bought by
Jones Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
Flake Edward
Bought by
Flake Curtis and Marconi Sandra

Purchase Details

Closed on
Aug 25, 2003
Sold by
Not Provided
Bought by
Quillin Betty Flake

Purchase Details

Closed on
Jun 1, 1987
Bought by
Griffin Michael R and Griffin Carol

Purchase Details

Closed on
May 1, 1979
Bought by
To
Source: Public Records

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Range of Values:

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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 $189,900 Stewart Title
Warranty Deed $164,000 Stewart Title
Warranty Deed $138,000 Stewart Title
Warranty Deed $85,000 --
Executors Deed -- --
Warranty Deed $92,000 --
Deed $56,000 --
Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,100 New Conventional
Open $184,933 FHA
Previous Owner $152,000 Construction
Previous Owner $135,500 New Conventional
Previous Owner $83,460 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $189,900 +0.1% $130 / Sq Ft
09/13/2024 09/13/24 Price Changed $189,650 -4.7% $130 / Sq Ft
09/04/2024 09/04/24 Price Changed $199,000 -0.5% $137 / Sq Ft
07/30/2024 07/30/24 For Sale $199,900 +21.9% $137 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/27/2024 06/27/24 Sold $164,000 -0.6% $113 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $165,000 -- $113 / Sq Ft
Source: Eastern Arkansas REALTORS® Association

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 $1,076 $18,750 $3,600 $15,150
2023 $1,076 $18,750 $3,600 $15,150
2022 $1,076 $18,750 $3,600 $15,150
2021 $1,076 $18,750 $3,600 $15,150
2020 $964 $18,750 $3,600 $15,150
2019 $819 $16,540 $3,600 $12,940
2018 $517 $16,540 $3,600 $12,940
2017 $517 $16,540 $3,600 $12,940
2016 $517 $16,540 $3,600 $12,940
2015 $524 $16,540 $3,600 $12,940
2014 $974 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Arkansas REALTORS® Association

MLS Number: 42545

APN: 380-100000-000