NOT LISTED FOR SALE

207 W Cherry St Alma, AR 72921

Estimated Value: $146,122 - $177,000

-- Bed
-- Bath
4,618 Sq Ft
$34/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $95,000 $21 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $928/month

72 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • 1-Story Property
  • Alma High School Rated 9+

About This Home

As of November 2019

Handy man special. Great rental opportunity. Total of 8 units, 4 currently rented for $2100, per month. 4 others need repair. Have brought in $2500 per month when occupied. All utilities paid. Being sold AS IS.

Last Agent to Sell the Property

Leigh Medlock

Medlock & West Realty License #EB00065293 Listed on: 08/02/2019

Last Buyer's Agent

Leigh Medlock

Medlock & West Realty License #EB00065293 Listed on: 08/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Cleared Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4,618 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • Gravel Driveway
  • Parking Lot

Schools

  • Alma Elementary And Middle School
  • Alma High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 710-00272-000-c

Community Details

Overview

  • 8 Units
  • Alma Original Subdivision

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Reso Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • ResoLotFeatures: Cleared
  • Co List Office Mls Id: F3018
  • ResoSpecialListingConditions: None
  • Subdivision Name: Alma Original
  • Directions: 64 Hwy toward downtown Alma on Cherry St.
  • Carport Y N: No
  • Reso Flooring: Concrete, Ceramic Tile, Wood
  • Garage Yn: No
  • Unit Levels: One
  • Reso Roof: Asphalt, Metal, Shingle
  • Year Built Details: 25 Years or older
  • Year Built: 1950
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Appliances: Electric Water Heater
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 0.43
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Parking Lot, Driveway, Gravel

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Alma
  • Ninth Grade High School: Alma
  • Middle Or Junior School: Alma

Lot Info

  • Lot Dimensions: .43 acre
  • Parcel #: 710-00272-000-c

Multi Family

  • Number Of Units In Community: 8
  • Annual Gross Income: 25200.0

Tax Info

  • Tax Annual Amount: 945.0
  • Tax Block: na
  • Tax Lot: na

MLS Schools

  • Elementary School: Alma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Nov 6, 2019
Sold by
Akins Josie
Bought by
Horsehoe Circle Llc
Seller's Agent
Leigh Medlock
Medlock & West Realty
Buyer's Agent
Leigh Medlock
Medlock & West Realty
List Price
$124,900
Sold Price
$95,000
Premium/Discount to List
-$29,900
-23.94%
Current Estimated Value
$159,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,041
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Jun 5, 2008
Sold by
Ferrell David and Ferrell Kelly
Bought by
Akins John R and Akins Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2001
Bought by
Hughes-Elliott

Purchase Details

Closed on
Mar 30, 2001
Bought by
Hughes-Elliott

Purchase Details

Closed on
Jan 27, 1998
Bought by
Wilkinson-Hughes

Purchase Details

Closed on
Jan 10, 1996
Bought by
Hughes-Wilkinson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Horsehoe Circle Llc $95,000 None Available
Akins John R $84,000 None Available
Hughes-Elliott $79,000 --
Hughes-Elliott -- --
Wilkinson-Hughes -- --
Hughes-Wilkinson $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akins John R $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $95,000 -23.9% $21 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $124,900 -- $27 / Sq Ft
Source: Western River Valley 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 $1,099 $20,660 $3,750 $16,910
2024 $1,099 $20,660 $3,750 $16,910
2023 $1,099 $20,660 $3,750 $16,910
2022 $1,011 $19,010 $3,180 $15,830
2021 $1,011 $19,010 $3,180 $15,830
2020 $1,011 $19,010 $3,180 $15,830
2019 $1,030 $19,010 $3,180 $15,830
2018 $946 $19,010 $3,180 $15,830
2017 $860 $15,860 $3,180 $12,680
2016 $860 $15,860 $3,180 $12,680
2015 $860 $15,860 $3,180 $12,680
2014 $860 $15,860 $3,180 $12,680
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Leigh Medlock

    Medlock & West Realty

    (479) 651-7222

    1 in this area

    32 Total Sales

    Leigh Medlock
    Section Image
See All Agents

Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1026879

APN: 710-00272-000-C

Arkansas Crawford County Alma 72921

207 W Cherry St, Alma, AR

Not Listed for Sale

MultiFamily

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.

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. Information is deemed reliable but not guaranteed.

Nearby Homes