NOT LISTED FOR SALE

20083 Gem Rd Lincoln, AR 72744

Estimated Value: $269,689 - $314,000

2 Beds
2 Baths
1,440 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2019

Last sale price $194,500 $135 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,648 / mo

22 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Traditional Architecture
  • Home fronts a pond
  • 5.05 Acre Lot
  • Attic

About This Home

As of August 2019

Charming ranch home situated on over 5 beautiful acres on top of Wedington Mountain. Vaulted ceilings, open living area to dining/kitchen, large master bathroom w/ whirlpool tub. Nice stained concrete floors. Large covered front porch & back patio. Shared access to fishing pond on SW corner. New in-ground storm shelter, small outbuilding converted to a bunkhouse w/ AC. Variety of fruit & nut producing trees, the perfect mini homestead! Barn comes w/ new lighting. Close to Lincoln Lake. Quiet & peaceful!

Last Agent to Sell the Property

Shelcey Corbin

Fathom Realty License #SA00081571 Listed on: 08/03/2019

Fathom Realty

Last Buyer's Agent

BERNICE HOLLY

Pedigree Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 2004

Lot Details

  • 5.05 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Partially Fenced Property
  • Wire Fence
  • Landscaped
  • Level Lot
  • Open Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Property Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Storm Cellar or Shelter

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Outside City Limits
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 2004

Lot Details

5.05 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.05
  • Road Frontage Type: Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: I-49 exit 62, East on MLK Blvd for 11.2 miles Right onto Bethel Blacktop Rd for 7.5 miles. Left onto N. Wedington Blacktop Rd for .3 miles. Right onto Rheas Community Rd. for 2.5 miles. Right onto N. Jackson Hwy. Left onto Gem Rd CR 837. House on the left
  • Architectural Style: Ranch, Traditional
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Microwave, Range, Range Hood
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Concrete, Ceramic Tile
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Split Bedrooms, Storage
  • Living Area: 1440.0
  • Dining Room Type: Bonus Room, Storage Room
  • Window Features: Double Pane Windows, Storm Window(s), Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Partial, Wire
  • Lot Features: Cleared, Landscaped, Level, Not In Subdivision, Outside City Limits, Open Lot, Rural Lot, Views
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Concrete
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Barn(s), Outbuilding, Storage, Workshop
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1028.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Wilson Claretta Marie
Bought by
Duncan Michael
Current Estimated Value
$291,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$63,822
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$227,850

Purchase Details

Listed on
Aug 3, 2019
Closed on
Aug 26, 2019
Sold by
Corbin Allen and Corbin Shelcey
Bought by
Duncan Michael and Kelly Rhonda
Seller's Agent
Shelcey Corbin
Fathom Realty
Buyer's Agent
BERNICE HOLLY
Pedigree Real Estate
List Price
$179,900
Sold Price
$194,500
Premium/Discount to List
$14,600
8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$184,775
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 12, 2018
Sold by
Robertson Leeann
Bought by
Corbin Allen and Corbin Shelcey
Seller's Agent
Scott Miller
Lindsey & Associates Inc
Buyer's Agent
Shelcey Corbin
Fathom Realty
List Price
$164,500
Sold Price
$172,000
Premium/Discount to List
$7,500
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Dec 16, 2007
Sold by
Longwith Lester J
Bought by
Higgins David and Higgins Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,945
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Duncan Michael $90,000 Waco Title Company
Duncan Michael $194,500 Lenders Title Company
Corbin Allen $172,000 None Available
Higgins David $86,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Duncan Michael $72,000
Previous Owner Duncan Michael $184,775
Previous Owner Higgins David $85,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2019 08/26/19 Sold $194,500 +8.1% $135 / Sq Ft
08/03/2019 08/03/19 For Sale $179,900 +4.6% $125 / Sq Ft
03/12/2018 03/12/18 Sold $172,000 +4.6% $122 / Sq Ft View Prior Sale
02/10/2018 02/10/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $164,500 +13.4% $117 / Sq Ft
09/30/2016 09/30/16 Sold $145,000 +3.6% $103 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $139,900 -- $99 / Sq Ft
Source: ArkansasOne MLS

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
2025 $841 $39,450 $9,190 $30,260
2024 $880 $39,450 $9,190 $30,260
2023 $907 $39,450 $9,190 $30,260
2022 $946 $25,830 $3,580 $22,250
2021 $946 $25,830 $3,580 $22,250
2020 $946 $25,830 $3,580 $22,250
2019 $663 $20,090 $3,170 $16,920
2018 $1,038 $20,090 $3,170 $16,920
2017 $978 $20,090 $3,170 $16,920
2016 $678 $20,090 $3,170 $16,920
2015 $678 $20,090 $3,170 $16,920
2014 $619 $18,880 $3,140 $15,740
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shelcey Corbin

    Fathom Realty

    (479) 601-5750

    7 Total Sales

    Shelcey Corbin
    Section Image

  • B

    Buyer's Agent in 2019

    BERNICE HOLLY

    Pedigree Real Estate

    Section Image
  • Scott Miller

    Seller's Agent in 2018

    Scott Miller

    Lindsey & Associates Inc

    (479) 236-7268

    45 Total Sales

    Scott Miller
    Section Image
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Map

Source: ArkansasOne MLS

MLS Number: 1122796

ArkansasOne MLS

APN: 001-09294-003

Arkansas Washington County Lincoln 72744

20083 Gem Rd, Lincoln, AR

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