NOT LISTED FOR SALE

1505 W Arch Ave Searcy, AR 72143

Estimated Value: $91,000 - $104,154

2 Beds
1 Bath
792 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $87,500 $110 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $577/month

1 Day on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Southwest Middle School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of July 2022

Great location 1 minute from Searcy High School and 3 minutes from the Court Square. This is a solid little house. New metal roof installed, rebuilt back deck, and electrical upgrade all done about 3 years ago. All plumbing has been replaced within the last 6 months with a fresh coat of paint inside. Fenced in back yard with small outbuilding that conveys with the property. Slab in the back yard for grilling or just a place to enjoy the weather. This one won't last long!

Last Listed By

Joshua Bryant

Eagle Rock Realty & Property Management Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $298

Year Built

  • Built in 1962

Lot Details

  • 7,703 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Electric Range
  • Washer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$298

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Porch, Partially Fenced, Outside Storage Area
  • Inside City Limits: Yes
  • Legal 2: See legal on deed
  • LVT Date: 06/02/2022
  • Price Per Sq Ft: 110.48
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 792
  • Bedrooms: 2
  • Floors: Laminate, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Electric Range, Refrigerator-Stays
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Metal, Pitch

Garage/Parking

  • Parking: Side Entry

Utilities

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

Lot Info

  • Estimated Lot Size: 0.18
  • Estimated Lot Size: 7703
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 6, 2022
Sold by
E & J Investments Of Central Arkansas Ll
Bought by
Oliver John M
Seller's Agent
Joshua Bryant
Eagle Rock Realty & Property Management
Buyer's Agent
Tish Pace
RE/MAX Advantage
List Price
$84,600
Sold Price
$87,500
Premium/Discount to List
$2,900
3.43%
Total Days on Market
1
Current Estimated Value
$97,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,289
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Jan 12, 2017
Sold by
U S Bank Na
Bought by
E & J Investments Of Central Arkansas Ll

Purchase Details

Closed on
Aug 15, 2005
Sold by
Payne Larry D and Payne Barbara
Bought by
Guthrie Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,817
Interest Rate
5.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 11, 2002
Bought by
Payne Larry D and Payne Barbara

Purchase Details

Closed on
Sep 1, 1992
Bought by
Phillips Harry W and Phillips Dora D

Range of Values:

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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
Oliver John M $87,500 Professional Land Title
E & J Investments Of Central Arkansas Ll $22,000 None Available
Guthrie Kelly J $60,000 None Available
Payne Larry D $36,000 --
Phillips Harry W $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner E And J Investments Of Central $61,500
Previous Owner E And J Investments Of Central Ar Llc $48,241
Previous Owner Guthrie Kelly J $4,817
Previous Owner Guthrie Kelly J $58,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $87,500 +3.4% $110 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $84,600 -- $107 / 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
2024 $356 $8,780 $1,400 $7,380
2023 $356 $8,780 $1,400 $7,380
2022 $312 $8,780 $1,400 $7,380
2021 $298 $8,780 $1,400 $7,380
2020 $271 $6,680 $1,210 $5,470
2019 $271 $6,680 $1,210 $5,470
2018 $271 $6,680 $1,210 $5,470
2017 $271 $6,680 $1,210 $5,470
2016 $266 $6,550 $1,210 $5,340
2015 $243 $5,990 $2,100 $3,890
2014 $233 $5,740 $2,100 $3,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22018160

Cooperative Arkansas REALTORS® MLS

APN: 016-02524-000