NOT LISTED FOR SALE

199 Falls Ln Heber Springs, AR 72543

Estimated Value: $185,243 - $204,000

3 Beds
2 Baths
1,308 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $51,000 $39 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $1,067/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Wood Flooring
  • Patio
  • 1-Story Property

About This Home

As of June 2020

Near city activity but just outside city limits. Almost one acre of land. Seller does not pay customary closing cost: including Title Policy, escrow fees, survey, or transfer fees. Proof of funds required on cash transactions, Lender Pre-Approval letter for financed offers (dated within last 30 days). Seller is "Secretary of Agriculture". Seller to convey title via a quit claim/non-warranty deed. See Agent Remarks.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 04/28/2020

RE/MAX Advantage

Last Buyer's Agent

Pam Huffty

Crye*Leike Brock Real Estate

Crye*Leike Brock Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 2004

Lot Details

  • 0.93 Acre Lot
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Open Floorplan
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch
  • Foreclosure REO: Yes
  • LVT Date: 04/29/2020
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2004
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1308
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 0.93
  • Estimated Lot Size: .93
  • Lot: Sloped
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 796.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Keathley Investment Properties Llc
Bought by
Handy Phillip
Current Estimated Value
$195,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,282
Outstanding Balance
$114,153
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,408

Purchase Details

Listed on
Apr 28, 2020
Closed on
May 27, 2020
Sold by
United States Department Of Agriculture
Bought by
Keathley Investment Properties Llc
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Pam Huffty
Crye*Leike Brock Real Estate
List Price
$46,000
Sold Price
$51,000
Premium/Discount to List
$5,000
10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.80%
Original Mortgage
$76,185
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 26, 2002
Bought by
Smith Rhonda R

Purchase Details

Closed on
Aug 1, 1987
Bought by
Henson Pegge J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Handy Phillip $127,000 Waco Title Company Conway
Keathley Investment Properties Llc $51,000 Western Title
Smith Rhonda R $71,500 --
Henson Pegge J $38,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handy Phillip $128,282
Previous Owner Keathley Investment Properties Llc $76,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $51,000 +10.9% $39 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $46,000 -- $35 / 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 $416 $25,457 $2,000 $23,457
2023 $451 $25,517 $2,000 $23,517
2022 $511 $25,517 $2,000 $23,517
2021 $471 $21,015 $1,800 $19,215
2020 $471 $21,015 $1,800 $19,215
2019 $846 $21,015 $1,800 $19,215
2018 $846 $21,015 $1,800 $19,215
2017 $846 $21,015 $1,800 $19,215
2016 $802 $19,839 $1,200 $18,639
2015 $752 $19,839 $1,200 $18,639
2014 $752 $19,839 $1,200 $18,639
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Lercher

    RE/MAX

    (501) 993-6611

    2 in this area

    131 Total Sales

    Mark Lercher
    Section Image
  • Pam Huffty

    Buyer's Agent in 2020

    Pam Huffty

    Crye-Leike

    (501) 206-8972

    50 in this area

    68 Total Sales

    Pam Huffty
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20013123

Cooperative Arkansas REALTORS® MLS

APN: 001-05709-000

Arkansas Cleburne County Heber Springs 72543

199 Falls Ln, Heber Springs, AR

Not Listed for Sale

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