NOT LISTED FOR SALE

195 Peel Rd Locust Grove, AR 72550

Estimated Value: $110,342 - $190,000

2 Beds
1 Bath
1,330 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $94,000 $71 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $856/month

4 Days on Market

Highlights

  • Log Cabin
  • Tankless Water Heater
  • Satellite Dish
  • Porch
  • Central Heating
  • Property is in excellent condition

About This Home

As of July 2019

Country living at it's best! 2 Bedroom, 1 Bath secluded, private log home on 5 acres, with large loft that could be made into a 3rd bedroom, and high vaulted ceiling. New luxury vinyl flooring, new kitchen cabinets and appliances. Also a new wood-burning stove for backup heat source. Central Heat and Air, and tankless hot water heater, washer and dryer, and jetted bathtub. Only 15 minutes from Batesville and the White River, hospital, shopping and more!

Last Agent to Sell the Property

LINDA MEREDITH

RICH REALTY License #AB00051867 Listed on: 05/13/2019

Last Buyer's Agent

LINDA MEREDITH

RICH REALTY License #AB00051867 Listed on: 05/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $343

Year Built

  • Built in 1991

Lot Details

  • 5.5 Acre Lot
  • Partially Fenced Property
  • Property is in excellent condition

Home Design

  • Log Cabin
  • Wood Walls
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • Tankless Water Heater
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$343

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Type: Single Family Home
  • Style: Log
  • Condition: Excellent
  • Items Excluded: Propane tank rented.
  • Stories: 2.0
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Basement: None
  • Appliances Dishwasher: No
  • Appliances Range: Yes
  • Total Heated Sq Ft: 1330.00
  • Total Rooms: 5

Exterior Features

  • Construction Exterior: Log
  • Construction Foundation: Crawl Sp
  • Construction Roof: Metal
  • Fenced: Partial

Garage/Parking

  • Garage Type: None

Utilities

  • Appliances Disposal: No
  • Estimated Heated Sq Ft: 1330
  • Utilities Sewer Septic System: Septic
  • Utilities Size Tp Water Heater: Tankless - Elec
  • Type of Cooling: CE
  • Type of Heating: Cntrl Gas
  • Water System: Tumbsho

Association/Amenities

  • Cable TV: satellite
  • Ceiling Fans: 2
  • Drapes: yes & blinds
  • Driveway: gravel
  • Fireplace: No
  • Floor Covering: Vinyl
  • Amenities Number of Closets: 3.00
  • Patio Deck: Porch
  • Wall Covering: Wood
  • Window: DP

Schools

  • School District: Concord
  • School System: Concord

Lot Info

  • Lot Acres: 5.50
  • Lot Size: 5.5 ac

Tax Info

  • Taxes: 343.26
  • Tax Status: After Homestead
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 15, 2019
Sold by
Pest Judith A
Bought by
Branscum Eric and Branscum Brandi
Seller's Agent
LINDA MEREDITH
RICH REALTY
Buyer's Agent
LINDA MEREDITH
RICH REALTY
List Price
$86,900
Sold Price
$94,000
Premium/Discount to List
$7,100
8.17%
Current Estimated Value
$153,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,336
Avg. Annual Appreciation
7.31%
Original Mortgage
$94,949
Outstanding Balance
$85,285
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$59,847

Purchase Details

Closed on
Sep 15, 1991
Bought by
Pest Robert L
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
Branscum Eric $94,000 None Available
Pest Robert L $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branscum Eric $2,129
Open Branscum Eric $94,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $94,000 +8.2% $71 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $86,900 -- $65 / Sq Ft
Source: Batesville Board of REALTORS®

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 $323 $16,060 $2,130 $13,930
2023 $398 $16,060 $2,130 $13,930
2022 $416 $16,060 $2,130 $13,930
2021 $416 $16,060 $2,130 $13,930
2020 $481 $16,060 $2,130 $13,930
2019 $312 $15,200 $1,790 $13,410
2018 $337 $15,200 $1,790 $13,410
2017 $337 $15,200 $1,790 $13,410
2016 $337 $15,200 $1,790 $13,410
2015 $337 $15,200 $1,790 $13,410
2014 $342 $15,300 $1,790 $13,510
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    LINDA MEREDITH

    RICH REALTY

    (870) 373-0164

    67 Total Sales

    LINDA MEREDITH
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Map

Source: Batesville Board of REALTORS®

MLS Number: 19-307

Batesville Board of REALTORS®

APN: 01119790001

Arkansas Independence County Locust Grove 72550

195 Peel Rd, Locust Grove, AR

This home is located at 195 Peel Rd, Locust Grove, AR 72550 since 13 May 2019 and is currently estimated at $153,336, approximately $115 per square foot. This property was built in 1991. 195 Peel Rd is a home located in Independence County with nearby schools including Concord Elementary School and Concord 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.

Batesville Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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