$117,000
SOLD AUG 11, 2020

1974 Lakeland Acres Rd Drasco, AR 72530

5 Beds
3 Baths
2,912 Sq Ft
2 Acres

Recently Sold

$40 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • Lake Front
  • Deck
  • Country Style Home
  • Golf Course Community
  • Wooded Lot
  • 2 Car Detached Garage

About This Home

As of April 2022

Lake front property. Sits on 2 acres. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274. See Agent Remarks

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 06/24/2020

RE/MAX Advantage

Last Buyer's Agent

Beth Junior

Plantation Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • Lake Front
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Country Style Home
  • Architectural Shingle Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Lake Views
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Golf Course Community

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,973

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Country
  • Ext Features: Deck
  • Foreclosure REO: Yes
  • LVT Date: 06/24/2020
  • Price Per Sq Ft: 40.18
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: All Bedrooms Up, 4 Bedrooms Same Level
  • Estimated Sq Ft: 2912
  • Bedrooms: 5
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s)
  • Kitchen Equip: Dishwasher
  • Other Rooms: In-Law Quarters
  • Stories: Two Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Rock & Frame, Cypress
  • Roof: 3 Tab Shingles
  • Waterfront: Ski Lake

Garage/Parking

  • Parking: Garage, Two Car, Detached

Utilities

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

Condo/Co-op/Association

  • Amenities: Golf Course

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2.0
  • Lot: Level, Rural Property, Resort Property, Wooded, In Subdivision, Lake View, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1973.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Keathley Blake
Bought by
Keathley James and Keathley Nea
Current Estimated Value
$501,959

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 6, 2020
Sold by
Us Bank National Association
Bought by
Keathley Blake H
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Beth Junior
Plantation Realty
List Price
$115,000
Sold Price
$117,000
Premium/Discount to List
$2,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.47%

Purchase Details

Closed on
Mar 31, 2020
Sold by
Kelso Thomas
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 9, 2013
Sold by
Kelso Thomas
Bought by
U S Bank N A

Purchase Details

Closed on
Oct 11, 2004
Bought by
Kelso Thomas

Purchase Details

Closed on
Jun 28, 2004
Bought by
State Of Ar and %Kelso Thomas

Purchase Details

Closed on
Sep 22, 1997
Bought by
Kelso Thomas

Purchase Details

Closed on
Jan 1, 1982
Bought by
Wallis Thomas L and Wallis Maureen
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $117,000 None Available
Commissioners Deed $102,894 None Available
Commissioners Deed $214,200 None Available
Deed -- --
Deed -- --
Warranty Deed $126,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $438,900 Construction
Previous Owner $284,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $340,000 -14.8% $117 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $399,000 +241.0% $137 / Sq Ft
08/11/2020 08/11/20 Sold $117,000 +1.7% $40 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $115,000 -- $39 / 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 $2,301 $59,454 $12,000 $47,454
2023 $2,301 $59,454 $12,000 $47,454
2022 $2,301 $59,454 $12,000 $47,454
2021 $1,973 $50,987 $15,000 $35,987
2020 $1,973 $50,987 $15,000 $35,987
2019 $1,973 $50,987 $15,000 $35,987
2018 $1,928 $50,987 $15,000 $35,987
2017 $1,768 $50,987 $15,000 $35,987
2016 $1,607 $41,520 $17,000 $24,520
2015 $1,607 $41,520 $17,000 $24,520
2014 -- $41,520 $17,000 $24,520
Source: Public Records

Agents Affiliated with this Home

  • Chris Webb

    Seller's Agent in 2022

    Chris Webb

    Crye-Leike

    (501) 206-5899

    108 Total Sales

    Chris Webb
    Section Image
  • Boyd Anderson

    Buyer's Agent in 2022

    Boyd Anderson

    Crye-Leike

    (800) 615-5868

    100 Total Sales

    Boyd Anderson
    Section Image

  • C

    Buyer Co-Listing Agent in 2022

    Carissa Weatherford

    Evermark Realty Group, Inc.

  • D

    Buyer Co-Listing Agent in 2022

    Delrae Ricardi

    Crye-Leike

    (501) 270-0131

    127 Total Sales

    Delrae Ricardi
    Section Image

  • M

    Seller's Agent in 2020

    Mark Lercher

    RE/MAX

    (501) 993-6611

    133 Total Sales

    Mark Lercher
    Section Image
  • Beth Junior

    Buyer's Agent in 2020

    Beth Junior

    Plantation Realty

    (501) 590-8713

    167 Total Sales

    Beth Junior
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20019327

Cooperative Arkansas REALTORS® MLS

APN: 002-05599-000

Arkansas Cleburne County Drasco 72530

1974 Lakeland Acres Rd, Drasco, AR

This home is located at 1974 Lakeland Acres Rd, Drasco, AR 72530 and is currently priced at $117,000, approximately $40 per square foot. This property was built in 1980. 1974 Lakeland Acres Rd is a home located in Cleburne County with nearby schools including West Side Elementary School and West Side 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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