NOT LISTED FOR SALE

16823 N Lake Norrell Dr Alexander, AR 72002

Estimated Value: $136,000 - $175,185

1 Bed
1 Bath
812 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $77,000 $95 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $888/month

67 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Traditional Architecture
  • Salem Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2013

Wonderful lake front home on two beautiful acres. Land features an additional building site. New roof, retaining wall and boat dock. Super cute cabin sitting on prime lake frontage.

Last Agent to Sell the Property

Misti Holland

Crye-Leike REALTORS Benton Branch Listed on: 03/08/2013

Crye-Leike REALTORS Benton Branch

Co-Listed By

Jessica Plouch

RE/MAX Elite Saline County

Last Buyer's Agent

Darlene Otwell

Crye-Leike REALTORS Benton Branch

Crye-Leike REALTORS Benton Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1949

Lot Details

  • 2 Acre Lot
  • Lake Front

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Boat Slip
  • Deck

Schools

  • Salem Elementary School
  • Bethel Middle School
  • Bryant High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Seawall
  • Lake Name: Norrell
  • Price Per Sq Ft: 94.83
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 812
  • Basement: Unfinished
  • Bedrooms: 1
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal
  • Waterfront: Dock, Boat Slip

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Salem
  • Middle School: Bethel
  • High School: Bryant
  • Junior High: Bryant

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2.00
  • Lot: Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 780

MLS Schools

  • Elementary School: Salem
  • HighSchool: Bryant
  • Middle School: Bethel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Jun 12, 2013
Sold by
Fought Terry W and Fought Paula J
Bought by
Cross Randall Leigh
Seller's Agent
Misti Holland
Crye-Leike REALTORS Benton Branch
Buyer's Agent
Darlene Otwell
Crye-Leike REALTORS Benton Branch
List Price
$87,500
Sold Price
$77,000
Premium/Discount to List
-$10,500
-12%
Current Estimated Value
$151,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,296
Avg. Annual Appreciation
5.42%
Original Mortgage
$78,571
Outstanding Balance
$56,938
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$90,515

Purchase Details

Closed on
Jun 27, 2006
Sold by
Webb Doyle L and Webb Barbara W
Bought by
Fought Terry and Fought Paula

Purchase Details

Closed on
Dec 5, 1995
Bought by
Webb

Purchase Details

Closed on
Oct 18, 1995
Bought by
Simmons

Purchase Details

Closed on
Jul 6, 1987
Bought by
Simmons
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
Cross Randall Leigh $77,000 None Available
Fought Terry $70,000 --
Webb $50,000 --
Simmons -- --
Simmons $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Randall Leigh $78,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $77,000 -12.0% $95 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $87,500 -- $108 / 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 $1,035 $28,982 $13,760 $15,222
2023 $1,089 $28,982 $13,760 $15,222
2022 $1,004 $28,982 $13,760 $15,222
2021 $921 $16,960 $6,600 $10,360
2020 $921 $16,960 $6,600 $10,360
2019 $921 $16,960 $6,600 $10,360
2018 $921 $16,960 $6,600 $10,360
2017 $920 $16,960 $6,600 $10,360
2016 $722 $15,390 $5,000 $10,390
2015 $787 $15,390 $5,000 $10,390
2014 $787 $15,390 $5,000 $10,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10342943

Cooperative Arkansas REALTORS® MLS

APN: 001-06625-000