NOT LISTED FOR SALE

201 Elm St Lake City, AR 72437

Estimated Value: $123,670 - $137,000

2 Beds
1 Bath
1,121 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $122,900 $110 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $770/month

49 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • 1-Story Property
  • Riverside West Elementary School Rated A-
  • Laundry Room
  • Attached Carport

About This Home

As of January 2023

This home is perfect for investors or first time home buyers! If you are looking for a cozy 2 bedroom, 1 bathroom home in Lake City, this is the home for you! A new roof was installed the first week of October, as well as, fresh interior paint and paint on exterior trim! A few other updates include new light fixtures, faucets, updated cabinets and hardware. The fenced backyard is the perfect size for children or pets to roam and to entertain friends and family. Don't miss out on this well maintained all brick home!

Last Agent to Sell the Property

Lane Schoettle

Century 21 Portfolio License #00090410 Listed on: 10/11/2022

Century 21 Portfolio

Last Buyer's Agent

David James

Century 21 Portfolio License #00078011

Century 21 Portfolio

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Lot Details

  • 8,141 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Outbuilding

Schools

  • Riverside Elementary And Middle School
  • Riverside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-146271-03700

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story
  • Builder Owned: No
  • Legal Description: BOWMAN'S 2ND CHURCH ADD Lot 1. Parcel: 07-146271-03700
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Windows Treatments: Blinds
  • Appliances: Dishwasher Built-In, Disposal, Oven/Range Electric, Refrigerator, Water Heater Electric 1
  • Bedrooms: 2
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: No
  • Bedroom 3 Level: None
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Room: Yes
  • Dining Room: Yes
  • Kitchen: Yes
  • Living Room: Yes
  • Price Per Square Foot: 109.63
  • Square Footage: 1121.0
  • Above Grade Finished Sq Ft: 1121

Exterior Features

  • Exterior: Brick
  • Flood Zone: Unknown
  • Roof: 3-Tab Shingles
  • Fencing Features: 3 Side, Wood Privacy
  • Exterior Amenities: Outbuildings, Paved Streets
  • Foundation: Slab

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Carport-Attached

Utilities

  • Cooling Features: Central, Electric
  • Heat Features: Central, Electric
  • Gas Features: None
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Riverside
  • Middle School: Riverside
  • High School: Riverside

Lot Info

  • Acres: 0.1869
  • Lot Measurement: A
  • Lot Size Sq Ft: 8141.00
  • Price Per Acre: 657570.89
  • Lot Description: Corner Lot

Tax Info

  • Year: 2021
  • Taxes: 676.00
  • Assessor Parcel Number: 07-146271-03700

MLS Schools

  • Elementary School: Riverside
  • HighSchool: Riverside
  • Jr High School: Riverside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 10, 2023
Sold by
Hutcheson Properties Llc
Bought by
Harmon Matthew M
Seller's Agent
Lane Schoettle
Century 21 Portfolio
Buyer's Agent
David James
Century 21 Portfolio
List Price
$124,900
Sold Price
$122,900
Premium/Discount to List
-$2,000
-1.6%
Views
25
Current Estimated Value
$131,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,268
Avg. Annual Appreciation
2.38%
Original Mortgage
$123,927
Outstanding Balance
$120,017
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$11,151

Purchase Details

Listed on
Dec 3, 2018
Closed on
Feb 21, 2019
Sold by
Richardson Connie A
Bought by
Hutcheson Properties Llc
Seller's Agent
Sheila Redding
Coldwell Banker/Village Comm
Buyer's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.30%

Purchase Details

Closed on
Sep 30, 2009
Sold by
White Joy T and White Melvin E
Bought by
Baker Nicholas and Baker Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
5.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 10, 2005
Sold by
Grimes Tracy M
Bought by
Baker Nicholas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,719
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2002
Bought by
Grimes
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
Harmon Matthew M $122,900 None Listed On Document
Hutcheson Properties Llc $60,000 Lenders Title Services
Baker Nicholas $13,000 Lenders Title Company
Baker Nicholas D $51,000 Lenders Title Company
Grimes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harmon Matthew M $123,927
Previous Owner Baker Nicholas $12,500
Previous Owner Baker Nicholas D $49,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2023 01/10/23 Sold $122,900 -1.6% $110 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $124,900 +108.2% $111 / Sq Ft
02/22/2019 02/22/19 Sold $60,000 -20.0% $54 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $75,000 -- $67 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

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
2025 $885 $17,434 $1,600 $15,834
2024 $885 $17,434 $1,600 $15,834
2023 $792 $17,434 $1,600 $15,834
2022 $726 $17,434 $1,600 $15,834
2021 $676 $12,520 $1,600 $10,920
2020 $676 $12,520 $1,600 $10,920
2019 $301 $12,520 $1,600 $10,920
2018 $326 $12,520 $1,600 $10,920
2017 $296 $12,520 $1,600 $10,920
2016 $265 $11,380 $1,600 $9,780
2015 $265 $11,380 $1,600 $9,780
2014 $265 $11,380 $1,600 $9,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10102295

Northeast Arkansas Board of REALTORS®

APN: 07-146271-03700