NOT LISTED FOR SALE

1602 & 1602 1/2 Poor Farm Rd Morrilton, AR 72110

Estimated Value: $98,809 - $206,000

-- Bed
2 Baths
1,500 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $95,000 $63 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $882/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of May 2023

Brick duplex for sale! Each side is 2/1 and has approx. 750 sq.ft. each side. *Ready for showings on Monday, April 3rd and Tuesday, April 4th.*

Last Agent to Sell the Property

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc. Listed on: 03/27/2023

Last Buyer's Agent

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc. Listed on: 03/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1976

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Crawl Space
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 03/27/2023
  • Price Per Sq Ft: 63.33
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Duplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R-2
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Crawl Space
  • Stories: One Story
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Gas Range

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public, Gas-Natural
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.18
  • Estimated Lot Size: .18
  • Lot: Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Monthly, Semi-Annually

Multi Family

  • Tenant Expenses: All Utilities
  • Minimum Rent Two Bedroom: 500
  • Number Of Two Bedroom Units: 4
  • Number Units: 2

Tax Info

  • Annual Taxes: 800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 17, 2023
Sold by
L & S Real Estate Investments Llc
Bought by
Tads Investments Llc
Seller's Agent
Joy Howell-Rickett
Howell-Rickett Real Estate Professionals, Inc.
Buyer's Agent
Joy Howell-Rickett
Howell-Rickett Real Estate Professionals, Inc.
List Price
$95,000
Sold Price
$95,000
Views
25
Current Estimated Value
$146,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,179
Avg. Annual Appreciation
21.09%
Original Mortgage
$20,000
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 10, 2008
Sold by
Session Rental Agency Llc
Bought by
L & S Real Estate Investments Llc

Purchase Details

Closed on
Jul 31, 2003
Bought by
Stephen Linn G and Stephen Stephen

Purchase Details

Closed on
Jun 26, 2003
Bought by
Bigelow Assembly Of God Church

Purchase Details

Closed on
Jan 1, 1984
Bought by
Allison Harold
Source: Public Records

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
Tads Investments Llc $95,000 Benchmark Title
L & S Real Estate Investments Llc -- --
Stephen Linn G $50,000 --
Bigelow Assembly Of God, Inc -- --
Bigelow Assembly Of God Church -- --
Allison Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tads Investments Llc $982,974
Closed Tads Investments Llc $20,000
Closed Tads Investments Llc $95,000
Previous Owner Session Rental Agency Llc $80,000
Closed L & S Real Estate Investments Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $95,000 0.0% $63 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $95,000 -- $63 / 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 $897 $16,580 $1,400 $15,180
2023 $804 $16,580 $1,400 $15,180
2022 $737 $16,580 $1,400 $15,180
2021 $670 $12,390 $1,690 $10,700
2020 $670 $12,390 $1,690 $10,700
2019 $670 $12,390 $1,690 $10,700
2018 $670 $12,390 $1,690 $10,700
2017 $670 $12,390 $1,690 $10,700
2016 $666 $12,480 $1,690 $10,790
2015 $618 $12,480 $1,690 $10,790
2014 $618 $12,480 $1,690 $10,790
Source: Public Records

Agents Affiliated with this Home

  • Joy Howell-Rickett

    Seller's Agent in 2023

    Joy Howell-Rickett

    Howell-Rickett Real Estate Professionals, Inc.

    (501) 977-5421

    82 in this area

    153 Total Sales

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23008870

Cooperative Arkansas REALTORS® MLS

APN: 006-03399-000

Arkansas Conway County Morrilton 72110

1602 & 1602 1/2 Poor Farm Rd, Morrilton, AR

This home is located at 1602 & 1602 1/2 Poor Farm Rd, Morrilton, AR 72110 since 27 March 2023 and is currently estimated at $147,936, approximately $98 per square foot. This property was built in 1976. 1602 & 1602 1/2 Poor Farm Rd is a home located in Conway County with nearby schools including Morrilton Primary School, Morrilton Intermediate School, and Morrilton Elementary 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.

Cooperative Arkansas REALTORS® MLS 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.

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