NOT LISTED FOR SALE

164 S Gray Ave Searcy, AR 72143

Estimated Value: $235,210 - $309,000

3 Beds
2.5 Baths
1,916 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $318,000 $166 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,413/month

27 Days on Market

Highlights

  • River Nearby
  • Main Floor Primary Bedroom
  • Balcony
  • Deck
  • Log Cabin
  • Walk-In Closet

About This Home

As of March 2023

If you are looking for privacy this true log cabin sitting on 7.68 acres is for you! The cabin has 3 bedrooms and 2.5 baths. Master bedroom, full bath and half bath on main floor. 2 bedrooms and 1 bath downstairs. 2 decks off the back of the home to enjoy your morning coffee. Custom built outdoor smoke pit (4ftx8ft), chicken coop, and actual outhouse, and well house. Lots of upgrades in the last 4 years including a new roof. The corner of the property reaches Barnett Lake for great fishing. Call today to schedule your showing!

Last Agent to Sell the Property

Becca White

Homeward Realty Listed on: 02/02/2023

Last Buyer's Agent

Kris Turner

RE/MAX Advantage Heber Springs

RE/MAX Advantage Heber Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1997

Lot Details

  • 7.68 Acre Lot
  • Rural Setting
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Log Cabin
  • Slab Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • River Nearby
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1997

Lot Details

7.68 Acres

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Residential
  • Style: Log
  • Ext Features: Deck
  • LVT Date: 02/02/2023
  • Road Surface: Gravel
  • Street Designation: Avenue
  • Type: Detached
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Insert Unit
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1916
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Smoke Detector(s), Walk-In Closet(s), Balcony/Loft, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: Two Story

Exterior Features

  • Exterior: Log
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 7.68
  • Estimated Lot Size: 7.68
  • Lot: Sloped, Rural Property, River/Lake Area
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 513.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2013
Closed on
May 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Moore Robert Chance
Seller's Agent
Barbara Duncan
RE/MAX Advantage
Buyer's Agent
Mark Lercher
RE/MAX Advantage
List Price
$51,900
Sold Price
$49,500
Premium/Discount to List
-$2,400
-4.62%
Current Estimated Value
$259,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,553
Avg. Annual Appreciation
13.84%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Burns Virgil and Burns Wendi
Bought by
Lovett Shaorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 1988
Bought by
From
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moore Robert Chance -- None Available
Lovett Shaorn $75,000 None Available
From $16,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovett Shaorn $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $318,000 -16.3% $166 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $380,000 +216.7% $198 / Sq Ft
12/30/2014 12/30/14 Sold $120,000 -16.5% $63 / Sq Ft View Prior Sale
11/30/2014 11/30/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $143,700 +190.3% $75 / Sq Ft
05/30/2013 05/30/13 Sold $49,500 -4.6% $26 / Sq Ft View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $51,900 -- $27 / 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 $978 $24,020 $1,540 $22,480
2024 $978 $24,020 $1,540 $22,480
2023 $1,028 $24,020 $1,540 $22,480
2022 $606 $24,020 $1,540 $22,480
2021 $564 $24,020 $1,540 $22,480
2020 $522 $20,800 $2,640 $18,160
2019 $522 $20,800 $2,640 $18,160
2018 $547 $20,800 $2,640 $18,160
2017 $847 $20,800 $2,640 $18,160
2016 $847 $20,800 $2,640 $18,160
2015 $846 $20,790 $2,250 $18,540
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23003270

Cooperative Arkansas REALTORS® MLS

APN: 002-00684-034

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