NOT LISTED FOR SALE

2005 Meadowlake Rd Conway, AR 72032

Downtown Conway Neighborhood

Estimated Value: $193,000 - $216,000

-- Bed
2 Baths
1,500 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $200,000 $133 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,246/month

92 Days on Market

Highlights

  • 1 Acre Lot
  • Deck
  • Traditional Architecture
  • Conway Junior High School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of April 2023

This gorgeous duplex is loaded with quality craftsmanship and design with plenty of nostalgic character and charm. Recent new updates include- roof, soffit, siding, windows, brick, paint, concrete, porch decks, asphalt parking lot, hvac, electrical, plumbing, floors, fixtures, appliances, woodwork, and enhanced with forestry mulcher. This 1 acre property is zoned C-2 and has quiet office potential.

Last Agent to Sell the Property

Rhett Thompson

Thompson Realty Company Listed on: 01/19/2023

Last Buyer's Agent

Esmeralda Castro

Armour Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1952

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Community Details

  • 2 Units
  • Video Patrol

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 01/19/2023
  • Price Per Sq Ft: 133.33
  • Road Surface: Paved
  • Type: Duplex
  • Zoning: C-2
  • Source Of Sq Ft: Measurements
  • Estimated Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Floors: Tile, Wood, Laminate
  • Foundation: Crawl Space, Slab
  • Stories: One Story, Two Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Built Ins, Fan - Ceiling, Security System, Video Surveillance
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Electric Range, Surface Range, Dishwasher, Pantry

Exterior Features

  • Exterior: Brick, Frame, Metal/Vinyl Siding
  • Roof: Metal
  • Exterior Features: Deck, Patio, Covered, Porch, Video Surveillance

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric, Mini Split

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1 acre
  • Lot: Sloped, Level, Wooded, Cleared, Extra Landscaping, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows

Multi Family

  • Number Of Two Bedroom Units: 2
  • Number Units: 2

Tax Info

  • Annual Taxes: 1208.33
  • Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 21, 2023
Sold by
Timberwolf Holdings Co Llc
Bought by
Badillo Porfirio Garay and Garay Brenda
Seller's Agent
Rhett Thompson
Thompson Realty Company
Buyer's Agent
Esmeralda Castro
Armour Realty Group
List Price
$299,900
Sold Price
$200,000
Premium/Discount to List
-$99,900
-33.31%
Views
358
Current Estimated Value
$203,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,832
Avg. Annual Appreciation
0.77%
Original Mortgage
$155,000
Outstanding Balance
$32,583
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$171,249

Purchase Details

Closed on
Mar 29, 2013
Sold by
Thompson Jesse and Thompson Patricia
Bought by
Timberwolf Holdings Co Llc

Purchase Details

Closed on
Apr 9, 2007
Bought by
Thompson Jesse and Thompson Rhett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,679
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2007
Sold by
Thatcher Harold and Thatcher Ellen
Bought by
Thompson Jesse and Thompson Rhett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,679
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Bought by
Thatcher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
9.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2006
Sold by
Laird Pam
Bought by
Thatcher Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
9.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2004
Bought by
Laird

Purchase Details

Closed on
Apr 5, 2004
Bought by
Laird

Purchase Details

Closed on
Mar 21, 1994
Bought by
City Of Conway

Purchase Details

Closed on
Mar 31, 1982
Bought by
Martha Coffman D and Martha Loretta

Purchase Details

Closed on
Sep 6, 1978
Bought by
Coffman Johnnie S
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
Badillo Porfirio Garay $200,000 Faulkner County Title Company
Timberwolf Holdings Co Llc -- None Available
Thompson Jesse $82,000 --
Thompson Jesse $82,000 Conway Title Svcs & Escrow I
Thompson Jesse $82,000 --
Thatcher $79,000 --
Thatcher Harold $79,000 Conway Title Services Inc
Thatcher $79,000 --
Laird $63,000 --
Laird $63,000 --
City Of Conway -- --
Martha Coffman D -- --
Coffman Johnnie S $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badillo Porfirio Garay $155,000
Previous Owner Thompson Jesse $80,679
Previous Owner Thompson Jesse $80,679
Previous Owner Thatcher Harold $78,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/21/2023 04/21/23 Sold $200,000 -16.6% $133 / Sq Ft
04/05/2023 04/05/23 Price Changed $239,900 -7.7% $160 / Sq Ft
03/27/2023 03/27/23 Price Changed $259,900 -1.9% $173 / Sq Ft
03/15/2023 03/15/23 Price Changed $264,900 -1.9% $177 / Sq Ft
03/11/2023 03/11/23 Price Changed $269,900 -1.8% $180 / Sq Ft
03/02/2023 03/02/23 Price Changed $274,900 -1.8% $183 / Sq Ft
02/15/2023 02/15/23 Price Changed $279,900 -1.8% $187 / Sq Ft
02/06/2023 02/06/23 Price Changed $284,900 -5.0% $190 / Sq Ft
01/19/2023 01/19/23 For Sale $299,900 0.0% $200 / Sq Ft
01/11/2017 01/11/17 Rented $1,100 0.0% --
01/11/2017 01/11/17 Under Contract -- -- --
12/12/2016 12/12/16 For Rent $1,100 0.0% --
05/18/2016 05/18/16 Rented $1,100 0.0% --
05/18/2016 05/18/16 Under Contract -- -- --
05/09/2016 05/09/16 For Rent $1,100 -- --
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 $1,933 $38,200 $6,000 $32,200
2023 $1,208 $23,880 $6,000 $17,880
2022 $1,208 $13,910 $6,000 $7,910
2021 $640 $13,910 $6,000 $7,910
2020 $581 $11,490 $5,000 $6,490
2019 $581 $11,490 $5,000 $6,490
2018 $581 $11,490 $5,000 $6,490
2017 $581 $11,490 $5,000 $6,490
2016 $581 $11,490 $5,000 $6,490
2015 $663 $13,100 $5,000 $8,100
2014 $663 $13,100 $5,000 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Rhett Thompson

    Seller's Agent in 2023

    Rhett Thompson

    Thompson Realty Company

    (501) 428-0079

    12 in this area

    41 Total Sales

    Rhett Thompson
    Section Image

  • E

    Buyer's Agent in 2023

    Esmeralda Castro

    Armour Realty Group

    (501) 472-9494

    15 in this area

    81 Total Sales

    Esmeralda Castro
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23001908

Cooperative Arkansas REALTORS® MLS

APN: 710-08870-000

Arkansas Faulkner County Conway 72032 Downtown Conway

2005 Meadowlake Rd, Conway, AR

This home is located at 2005 Meadowlake Rd, Conway, AR 72032 since 19 January 2023 and is currently estimated at $203,832, approximately $135 per square foot. This property was built in 1952. 2005 Meadowlake Rd is a home located in Faulkner County with nearby schools including Ida Burns Elementary School, Conway Junior High School, and Ruth Doyle Intermediate 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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