NOT LISTED FOR SALE

Estimated Value: $203,000 - $262,000

1 Bed
1.5 Baths
1,585 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $50,000 $32 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $1,316/month

53 Days on Market

Highlights

  • All Bedrooms Downstairs
  • A-Frame Home
  • Wooded Lot
  • Mountain View
  • Deck
  • Porch

About This Home

As of August 2020

Affordable 1.5 level A-Frame style home nestled on privately secluded acreage within the Mountain Pine School District. Home features 1 bedroom, 1 full bathroom, 1 partial bath, central heat, central cool, attached one car garage, carport, porch, deck, screen enclosed porch and a partially fenced yard. HUD Case #031-296190, FHA Financing: IE (Insured Escrow), Property is sold in as-is condition, no warranties, guarantees or representations.

Last Agent to Sell the Property

Tom Shelton

Trademark Real Estate, Inc. Listed on: 06/26/2020

Trademark Real Estate, Inc.

Last Buyer's Agent

Mark McFarland

Evermark Realty Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1965

Lot Details

  • 3.9 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • A-Frame Home
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,585 Sq Ft Home
  • 1.5-Story Property
  • Paneling
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Mountain Pine High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Foreclosure
  • $70 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Style: A-Frame
  • Ext Features: Patio, Deck, Porch, Partially Fenced, Chain Link
  • Foreclosure REO: Yes
  • LVT Date: 06/27/2020
  • Road Surface: Gravel, Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Bedrooms: All Bedrooms Down
  • Estimated Sq Ft: 1585
  • Bedrooms: 1
  • Floors: Brick, Carpet
  • Foundation: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Refrigerator-Stays
  • Stories: 1.5 Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Carport, One Car

Utilities

  • Utilities: Septic
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Additional Fee Frequency: Annual

Lot Info

  • Estimated Lot Size: 3.9
  • Estimated Lot Size: 00x00
  • Lot: Sloped, Wooded, Cleared, In Subdivision, Mountain View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 852.6
  • Year: 2019

MLS Schools

  • HighSchool: Mountain Pine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 20, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Shook Jayson A
Seller's Agent
Tom Shelton
Trademark Real Estate, Inc.
Buyer's Agent
Mark McFarland
Evermark Realty Group, Inc.
List Price
$38,000
Sold Price
$50,000
Premium/Discount to List
$12,000
31.58%
Current Estimated Value
$241,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,497
Avg. Annual Appreciation
35.45%
Original Mortgage
$64,342
Outstanding Balance
$51,216
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$190,281

Purchase Details

Closed on
Sep 12, 2018
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Oct 26, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 12, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Bank Of America Na

Purchase Details

Closed on
May 10, 2017
Sold by
Bank Of America N A
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 27, 2016
Sold by
Ursery Merle E
Bought by
Bank Of America

Purchase Details

Closed on
Jul 26, 2002
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

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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
Shook Jayson A $50,000 Proland Title Company
Secretary Of Housing And Urban Dev -- None Available
Bank Of America Na -- None Available
Bank Of America Na -- None Available
The Secretary Of Hud -- None Available
Bank Of America -- --
Not Provided $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shook Jayson A $64,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $50,000 +31.6% $32 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $38,000 -- $24 / 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
2025 $537 $12,170 $5,180 $6,990
2024 $1,108 $32,680 $5,180 $27,500
2023 $1,023 $32,680 $5,180 $27,500
2022 $1,008 $32,680 $5,180 $27,500
2021 $923 $19,600 $1,770 $17,830
2020 $923 $19,600 $1,770 $17,830
2019 $853 $19,600 $1,770 $17,830
2018 $853 $19,600 $1,770 $17,830
2017 $813 $19,600 $1,770 $17,830
2016 $482 $20,040 $4,050 $15,990
2015 $482 $20,040 $4,050 $15,990
2014 $480 $20,020 $4,030 $15,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20019674

Cooperative Arkansas REALTORS® MLS

APN: 200-65500-094-000