NOT LISTED FOR SALE

1602 W Arch Ave Searcy, AR 72143

Estimated Value: $183,000 - $198,851

4 Beds
2 Baths
1,584 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $79,000 $50 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,057/month

56 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Southwest Middle School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of May 2013

Property centrally located in Searcy, 1/2 acre lot with large storaage bldg in backyard. Original hardwood floors, tile in bathrooms and kitchen, Laundry room, 1 car garage, deck in back. Property listed as a possible short sale. See Agent remarks.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 02/26/2013

RE/MAX Advantage

Last Buyer's Agent

Barbara Duncan

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1984

Lot Details

  • 0.51 Acre Lot
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Frame
  • Architectural Shingle Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Stove
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1984

Lot Details

0.51 Acres

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Fully Fenced, Outside Storage Area, Chain Link
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Short Sale: Yes
  • Type: Detached
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 1584
  • Bedrooms: 4
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Bonus Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, One Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.51
  • Estimated Lot Size: .51
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2016
Sold by
Tyler Keith L and Tyler Sara B
Bought by
Zarraga Pedro Arias
Current Estimated Value
$189,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Outstanding Balance
$70,086
Interest Rate
3.58%
Estimated Equity
$119,627

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 23, 2013
Sold by
Meyers John M and Meyers Debra
Bought by
Tyler Keith L
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Barbara Duncan
RE/MAX Advantage
List Price
$75,900
Sold Price
$79,000
Premium/Discount to List
$3,100
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$79,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Jema Properties Llc
Bought by
Meycor Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Bought by
Jema

Purchase Details

Closed on
May 8, 2000
Bought by
Turnbow Fred and Turnbow Shelly M

Purchase Details

Closed on
Sep 1, 1991
Bought by
Turnbow Fred and Turnbow Shelly M
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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Purchase History

Date Buyer Sale Price Title Company
Zarraga Pedro Arias $89,900 Dalco Closing And Title
Tyler Keith L $79,000 None Available
Meycor Investments Llc $50,000 None Available
Jema $126,000 --
Turnbow Fred $20,000 --
Turnbow Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turnbow Fred $88,271
Previous Owner Tyler Keith L $79,000
Previous Owner Meycor Investments Llc $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $79,000 +4.1% $50 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $75,900 -- $48 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $955 $23,530 $1,630 $21,900
2024 $955 $23,530 $1,630 $21,900
2023 $530 $23,530 $1,630 $21,900
2022 $580 $23,530 $1,630 $21,900
2021 $569 $23,530 $1,630 $21,900
2020 $523 $22,130 $3,670 $18,460
2019 $523 $22,130 $3,670 $18,460
2018 $548 $22,130 $3,670 $18,460
2017 $898 $22,130 $3,670 $18,460
2016 $827 $20,360 $3,670 $16,690
2015 $877 $21,590 $5,400 $16,190
2014 $877 $21,590 $5,400 $16,190
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Lercher

    RE/MAX

    (501) 993-6611

    131 Total Sales

    Mark Lercher
    Section Image

  • B

    Buyer's Agent in 2013

    Barbara Duncan

    RE/MAX

    (501) 278-6817

    56 Total Sales

    Barbara Duncan
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10341985

Cooperative Arkansas REALTORS® MLS

APN: 016-10328-001

Arkansas White County Searcy 72143

1602 W Arch Ave, Searcy, AR

Not Listed for Sale

Detached

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