NOT LISTED FOR SALE

197 Shady Ln Morrilton, AR 72110

Estimated Value: $171,000 - $208,000

3 Beds
2 Baths
1,894 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $150,000 $79 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,061/month

Highlights

  • 1 Acre Lot
  • Ranch Style House
  • Central Air
  • Deck
  • Porch
  • Combination Kitchen and Dining Room

About This Home

As of April 2024

Welcome to your charming slice of countryside living! This cozy house nestled on a generous one-acre plot offers a canvas for your dream rural retreat. With a little tender care and imagination, this property has the potential to transform into a super cute home that perfectly blends rustic charm with modern comfort.

Last Agent to Sell the Property

NON MEMBER

NON-MEMBER Listed on: 03/08/2024

Last Buyer's Agent

Carla Thomas

Prime Realty and Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1991

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$959

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck, Porch
  • Inside City Limits: Yes
  • LVT Date: 04/18/2024
  • Price Per Sq Ft: 79.2
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1894
  • Bedrooms: 3
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Smoke Detector(s)
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Carport, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 43560
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 959
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 16, 2024
Sold by
Mcelroy Clint and Mcelroy Misty
Bought by
Lankford Cali
Seller's Agent
NON MEMBER
NON-MEMBER
Buyer's Agent
Carla Thomas
Prime Realty and Property Management
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$184,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,495
Avg. Annual Appreciation
15.12%
Original Mortgage
$145,500
Outstanding Balance
$143,326
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$41,169

Purchase Details

Listed on
Jul 20, 2019
Closed on
Jan 15, 2020
Sold by
Bowling Bill and Bowling Carol
Bought by
Mcelroy Misti and Mcelroy Clint
Seller's Agent
Becki Griffey-Walters
Moore and Co., Realtors - Morrilton
Buyer's Agent
Becki Griffey-Walters
Moore and Co., Realtors - Morrilton
List Price
$169,900
Sold Price
$144,000
Premium/Discount to List
-$25,900
-15.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$145,454
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1989
Bought by
Bowling Bill and Bowling Carol
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
Lankford Cali -- Faulkner County Title
Mcelroy Misti $144,000 Morrilton Abstract Co Inc
Bowling Bill $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lankford Cali $145,500
Previous Owner Mcelroy Misti $145,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $150,000 0.0% $79 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $150,000 +4.2% $79 / Sq Ft
01/15/2020 01/15/20 Sold $144,000 -12.7% $76 / Sq Ft View Prior Sale
10/02/2019 10/02/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $164,900 -2.9% $87 / Sq Ft
07/20/2019 07/20/19 For Sale $169,900 -- $90 / 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 $947 $30,400 $3,700 $26,700
2023 $959 $30,400 $3,700 $26,700
2022 $946 $30,400 $3,700 $26,700
2021 $883 $23,250 $3,000 $20,250
2020 $883 $23,250 $3,000 $20,250
2019 $883 $23,250 $3,000 $20,250
2018 $1,258 $23,250 $3,000 $20,250
2017 $1,254 $23,250 $3,000 $20,250
2016 $1,125 $21,070 $3,000 $18,070
2015 $1,043 $21,070 $3,000 $18,070
2014 $1,043 $21,070 $3,000 $18,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24013193

Cooperative Arkansas REALTORS® MLS

APN: 006-00054-001