NOT LISTED FOR SALE

194 Fairview Rd Searcy, AR 72143

Estimated Value: $134,000 - $458,907

-- Bed
-- Bath
217,800 Sq Ft
$1/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $450,000 $2 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,502/month

22 Days on Market

Highlights

  • 1-Story Property
  • Southwest Middle School Rated A-
  • Level Lot

About This Home

As of April 2024

Property has solid income with the opportunity to increase value by paving the drive, and filling the vacant pad. No history of septic issues and was just pumped and inspected in September. The fact that all but the stick-built home are tenant-owned via owner finance contracts means that the maintenance costs for the owner should be minimal. This is a great benefit for those looking to invest in a property with minimal upkeep and maintenance expenses. Overall, this property presents a great investment opportunity for those looking to increase their portfolio and generate additional revenue. The improvements mentioned have the potential to increase the value of the property and make it even more attractive to potential buyers in the future. *Seller is willing to owner finance/carry a significant amount of the purchase price at the following terms: $300,000.00 paid at time of closing via cash or third party financing. The remaining balance of $150,000.00 paid monthly from Buyer to Seller at an interest rate of 8.5% amortized over 30 years to balloon in 5 years. Monthly principal and interest payments to be $1153.38

Last Agent to Sell the Property

Bryton Crowell

Coldwell Banker Village Communities Listed on: 01/23/2024

Coldwell Banker Village Communities

Co-Listed By

Kodi Griffin

Coldwell Banker Village Communities

Coldwell Banker Village Communities

Last Buyer's Agent

Kodi Griffin

Coldwell Banker Village Communities

Coldwell Banker Village Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Lot Details

  • 5 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Slab Foundation

Additional Features

  • 1-Story Property
  • Septic System

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 01/24/2024
  • Road Surface: Paved
  • Type: Pkg Single Family
  • Zoning: ?
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation: Slab
  • Stories: One Story

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Septic, Water-Public, Electric-Municipal

Lot Info

  • Estimated Lot Size: 5
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Number Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2004
Bought by
Byrd
Current Estimated Value
$265,977

Purchase Details

Closed on
Apr 3, 2003
Bought by
Simmons First Bank Of Searcy

Purchase Details

Closed on
Jan 1, 1995
Bought by
Storie Raymond T and Storie Carolyn S
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
Byrd $40,000 --
Yingling $32,000 --
Simmons First Bank Of Searcy -- --
Storie Raymond T $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairview Management Group Llc $305,907
Closed Fairview Management Group Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $450,000 0.0% $2 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $450,000 -- $2 / 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 $390 $9,790 $5,800 $3,990
2023 $390 $9,790 $5,800 $3,990
2022 $390 $9,790 $5,800 $3,990
2021 $389 $9,790 $5,800 $3,990
2020 $354 $8,890 $4,400 $4,490
2019 $354 $8,890 $4,400 $4,490
2018 $354 $8,890 $4,400 $4,490
2017 $354 $8,890 $4,400 $4,490
2016 $354 $8,890 $4,400 $4,490
2015 $519 $13,030 $9,500 $3,530
2014 $519 $13,030 $9,500 $3,530
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bryton Crowell

    Coldwell Banker Village Communities

    (870) 273-6420

    18 Total Sales

    Section Image
  • Kodi Griffin

    Seller Co-Listing Agent in 2024

    Kodi Griffin

    Coldwell Banker Village Communities

    (870) 275-0749

    120 Total Sales

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24002362

Cooperative Arkansas REALTORS® MLS

APN: 001-08621-000

Arkansas White County Searcy 72143

194 Fairview Rd, Searcy, AR

This home is located at 194 Fairview Rd, Searcy, AR 72143 since 23 January 2024 and is currently estimated at $265,977, approximately $1 per square foot. 194 Fairview Rd is a home located in White County with nearby schools including McRae Elementary School, Southwest Middle School, and Ahlf Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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