NOT LISTED FOR SALE

1716 Lorance Dr Little Rock, AR 72206

Estimated Value: $125,000 - $144,000

2 Beds
1.5 Baths
1,100 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $123,000 $112 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $835/month

11 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Bar
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of June 2023

With a little TLC, this one could be a cute country home with a little space and a lot of character. Spacious lot has a home, a quanset hut shop (needs a little repair due to a leak and toilet needs to be installed in bath), small fenced yard area and a storage building. Home is being sold "AS IS" and needs someone to come in and finish painting kitchen cabinets (doors are there as well as new hardware that will stay); disposal and dishwasher were replaced a year or so ago, motor in HVAC was replaced within the last few years; and seller replaced some light fixtures. Ready for you to come in and make this one your own. Seller will move some items out but does not guarantee it will be cleaned out. SF and acreage are approximate so please measure and buyer is encouraged to order new survey. Schedule your showings now. When purchased, seller said it was 1.35 acres which includes shop in the back.

Last Agent to Sell the Property

Diana Thomas

Century 21 Parker & Scroggins Realty - Benton Listed on: 03/07/2023

Century 21 Parker & Scroggins Realty - Benton

Last Buyer's Agent

Carla Thomas

Prime Realty and Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1964

Lot Details

  • 1.35 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Ranch Style House
  • Combination Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 001-00015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Foreclosure REO: Unknown
  • LVT Date: 03/08/2023
  • Price Per Sq Ft: 111.82
  • Road Surface: Gravel, Paved
  • Street Designation: Drive
  • Third Party Exports: Daily Record
  • Type: Detached
  • Estimated Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1100
  • Bedrooms: 2
  • Floors: Wood, Tile
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interiors: Exclusions (see Remarks), Breakfast Bar
  • Kitchen Equip: Built-In Stove, Dishwasher, Disposal
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

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

Lot Info

  • Estimated Lot Size: 1.35
  • Estimated Lot Size: 1
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 001-00015-000

Tax Info

  • Annual Taxes: 818
  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jun 8, 2023
Sold by
Single Theresa Green
Bought by
Smith Julian Paul
Seller's Agent
Diana Thomas
Century 21 Parker & Scroggins Realty - Benton
Buyer's Agent
Carla Thomas
Prime Realty and Property Management
List Price
$124,000
Sold Price
$123,000
Premium/Discount to List
-$1,000
-0.81%
Views
81
Current Estimated Value
$139,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,122
Avg. Annual Appreciation
3.42%
Original Mortgage
$120,772
Outstanding Balance
$118,176
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$14,052

Purchase Details

Listed on
Aug 27, 2019
Closed on
Nov 1, 2019
Sold by
Staggs Carrol Bruce
Bought by
Green Theresa
Seller's Agent
Scotty Long
McDaniel Realty Inc.
Buyer's Agent
Diana Thomas
Century 21 Parker & Scroggins Realty - Benton
List Price
$83,000
Sold Price
$95,000
Premium/Discount to List
$12,000
14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$95,959
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Smith Julian Paul $123,000 Commerce Title & Closing
Green Theresa $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Julian Paul $120,772
Previous Owner Green Theresa $95,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $123,000 -0.8% $112 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $124,000 +30.5% $113 / Sq Ft
11/01/2019 11/01/19 Sold $95,000 +14.5% $86 / Sq Ft
08/27/2019 08/27/19 For Sale $83,000 -- $75 / 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 $775 $18,485 $2,976 $15,509
2023 $393 $17,909 $2,400 $15,509
2022 $443 $17,909 $2,400 $15,509
2021 $398 $14,840 $2,400 $12,440
2020 $398 $14,840 $2,400 $12,440
2019 $398 $15,120 $2,680 $12,440
2018 $436 $15,120 $2,680 $12,440
2017 $429 $15,120 $2,680 $12,440
2016 $627 $15,710 $2,680 $13,030
2015 $686 $17,110 $4,080 $13,030
2014 $401 $16,370 $4,080 $12,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23006802

Cooperative Arkansas REALTORS® MLS

APN: 001-00015-000