NOT LISTED FOR SALE

188 Morriston Rd Salem, AR 72576

Estimated Value: $145,740 - $196,000

3 Beds
2 Baths
1,216 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $115,000 $95 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $978/month

14 Days on Market

Highlights

  • Pond
  • Earth Berm
  • Walk-In Closet
  • Salem Elementary School Rated A-
  • Eat-In Kitchen
  • Livestock

About This Home

As of July 2022

Here is a great hobby farm with loads of potential. The property includes 10 acres, partially cleared with a beautiful level field and large pond. There is a 30x50 shop building with a concrete floor in need of repairs. The earth berm home has 3 bedrooms, 2 baths and over 1,200 square feet. It has a large eat-in country kitchen. There is a wood burning insert in the fireplace as well as a working attic fan. It has a newer metal roof and one car garage. Needs some TLC.

Last Agent to Sell the Property

Linette Wright

United Country Moody Realty, Inc. Listed on: 06/09/2022

Co-Listed By

Michael Wright

United Country Moody Realty, Inc.

Last Buyer's Agent

Burdetta Pendergrass

United Country Cotham & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1986

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Earth Berm
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Pond
  • Outdoor Storage

Farming

  • Livestock

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Earth Home
  • Ext Features: Outside Storage Area, Guttering, Shop
  • LVT Date: 06/14/2022
  • Price Per Sq Ft: 94.57
  • Road Surface: Paved
  • Type: Rural Residential
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Insert Unit
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1216
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Dishwasher
  • Stories: One Story

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Metal

Garage/Parking

  • Parking: Garage, One Car

Utilities

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

Lot Info

  • Estimated Lot Size: 10
  • Estimated Lot Size: 10 acres
  • Farmranch: Livestock Allowed, Stock Pond
  • Lot: Level, Rural Property, Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 20, 2022
Bought by
Moore George and Vandyke Renee
Seller's Agent
Linette Wright
United Country Moody Realty, Inc.
Buyer's Agent
Burdetta Pendergrass
United Country Cotham & Co.
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$171,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,580
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
May 1, 1986
Bought by
Bell Carolyn
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
Moore George $115,000 --
Bell Carolyn $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $115,000 -7.9% $95 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $124,900 -- $103 / 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 $468 $12,470 $1,800 $10,670
2023 $461 $12,470 $1,800 $10,670
2022 $463 $12,470 $1,800 $10,670
2021 $425 $12,470 $1,800 $10,670
2020 $384 $10,240 $1,430 $8,810
2019 $11 $10,240 $1,430 $8,810
2018 $384 $10,240 $1,430 $8,810
2017 $384 $10,240 $1,430 $8,810
2016 $35 $10,240 $1,430 $8,810
2015 -- $12,230 $1,620 $10,610
2014 -- $12,230 $1,620 $10,610
2013 -- $12,230 $1,620 $10,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22019680

Cooperative Arkansas REALTORS® MLS

APN: 001-03696-000