NOT LISTED FOR SALE

1505 E 48th St Texarkana, AR 71854

Estimated Value: $98,000 - $148,000

3 Beds
1.5 Baths
1,244 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $75,000 $60 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $692/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Breakfast Bar
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of September 2023

Prime Investment Opportunity: Seize the potential of this single-family gem nestled at 1505 E 48th St. This property provides a canvas for various development possibilities. Whether you're seeking to revitalize and resell, engage in renovation and leasing, or explore other income-generating avenues, this property's attributes make it a compelling investment choice. Schedule your showing today!

Last Agent to Sell the Property

Sydney Wicks

Better Homes & Gardens Real Estate Infinity License #757131 Listed on: 08/17/2023

Better Homes & Gardens Real Estate Infinity

Last Buyer's Agent

Linda Womble

RE/MAX Preferred License #SA00015274

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 1 Attached Carport Space

Home Design

  • Shingle Siding
  • Siding

Interior Spaces

  • 1,244 Sq Ft Home
  • Property has 1 Level
  • Sheet Rock Walls or Ceilings
  • 1 Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Bailey's 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1250140
  • Tax Block 1

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Age: 26-40 Yrs
  • Floors: Carpet, Ceramic Tile
  • Latent Defects: None Disclosed
  • Number Of Levels: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Present: Yes
  • Interior Amenities: Sheet Rock Walls
  • Fireplaces: Gas Log-Vented
  • Total Bathrooms: 1.5
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Sq Ft Range: 1000-1500
  • Estimated Heated Cooled Sq Ft: 1244
  • Dining Area: Breakfast Only
  • Living Area: Single

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Capacity: 1 Car Carport Attached

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Utilities: City Water, High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Fee: No

Schools

  • School District: Texarkana AR

Lot Info

  • Estimated Lot Size: 0.1-0.49
  • Estimated Number of Acres: 0.24
  • Geo Address Line: 1505 E 48th St
  • Geo Longitude: -94.023883
  • Geo Primary City: Texarkana
  • Geo Quality: 0.95

Building Info

  • Construction: Siding, Slab
  • Year Built: 1972

Tax Info

  • Assessor Parcel Number: 1250140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 19, 2023
Sold by
Kite Investments Llc
Bought by
Thompson Investment Holdings Llc
Seller's Agent
Sydney Wicks
Better Homes & Gardens Real Estate Infinity
Buyer's Agent
Linda Womble
RE/MAX Preferred
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%
Views
26
Current Estimated Value
$117,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,582
Avg. Annual Appreciation
21.59%
Original Mortgage
$115,400
Outstanding Balance
$111,258
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$6,324

Purchase Details

Closed on
Dec 5, 2008
Sold by
Mcintosh Steve L
Bought by
South Ark Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,014
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 29, 2004
Bought by
Mcintosh Steve L

Purchase Details

Closed on
Nov 1, 1990
Bought by
Hawkins Lori Leigh

Purchase Details

Closed on
Jun 17, 1974
Bought by
Killian Gary Nelson and Killian Opal C
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
Thompson Investment Holdings Llc $75,000 Southwest Title Company
South Ark Properties Llc $50,000 None Available
Mcintosh Steve L $50,000 --
Hawkins Lori Leigh $37,700 --
Killian Gary Nelson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Investment Holdings Llc $115,400
Previous Owner South Ark Properties Llc $67,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $75,000 -16.7% $60 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $90,000 -- $72 / Sq Ft
Source: Texarkana 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
2025 $941 $16,400 $3,900 $12,500
2024 $918 $15,990 $3,900 $12,090
2023 $878 $15,990 $3,900 $12,090
2022 $878 $15,990 $3,900 $12,090
2021 $878 $15,990 $3,900 $12,090
2020 $878 $15,990 $3,900 $12,090
2019 $860 $15,670 $3,900 $11,770
2018 $860 $15,670 $3,900 $11,770
2017 $860 $15,670 $3,900 $11,770
2016 $860 $15,670 $3,900 $11,770
2015 $860 $15,670 $3,900 $11,770
2014 $826 $15,040 $3,900 $11,140
Source: Public Records

Agents Affiliated with this Home

  • Sydney Wicks

    Seller's Agent in 2023

    Sydney Wicks

    Better Homes & Gardens Real Estate Infinity

    (903) 701-7221

    132 Total Sales

    Sydney Wicks
    Section Image
  • Linda Womble

    Buyer's Agent in 2023

    Linda Womble

    RE/MAX

    (903) 278-9969

    116 Total Sales

    Linda Womble
    Section Image
See All Agents

Map

Source: Texarkana Board of REALTORS®

MLS Number: 112825

Texarkana Board of REALTORS®

APN: 1250140

Arkansas Miller County Texarkana 71854

1505 E 48th St, Texarkana, AR

Not Listed for Sale

Detached

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