NOT LISTED FOR SALE

2166 Thomas Loop Bismarck, AR 71929

Estimated Value: $153,000 - $400,000

2 Beds
1.5 Baths
1,222 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $345,000 $282 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,620/month

41 Days on Market

Highlights

  • 30.43 Acre Lot
  • Barn or Farm Building
  • Wooded Lot
  • Bismarck Elementary School Rated A-
  • Pond
  • Traditional Architecture

About This Home

As of June 2024

Bismarck Schools - Cozy, clean, and cared for 2 bed 2 bath home on 30.43 acres of beautiful hay meadows. 3rd bedroom could be perfect office or bedroom by adding a closet area. Multiple outbuildings for hay or equipment storage. Good, old fashioned, filtered well water tastes great! Corner of Hwy 7 and Thomas Loop. Pond, fruit trees, old garden area. Not another one like this!

Last Agent to Sell the Property

Raymond Piper

Trademark Real Estate, Inc. Listed on: 04/26/2024

Trademark Real Estate, Inc.

Last Buyer's Agent

Georgina Daniel

Century 21 Parker & Scroggins Realty - Bryant

Century 21 Parker & Scroggins Realty - Bryant

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 30.43 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Carport

Outdoor Features

  • Pond
  • Outdoor Storage
  • Shop

Schools

  • Bismarck Elementary And Middle School
  • Bismarck High School

Farming

  • Barn or Farm Building
  • Livestock Allowed

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Well
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Partially Fenced, Outside Storage Area, Shop
  • Legal 2: 055-00331-001
  • LVT Date: 04/26/2024
  • Road Surface: Paved
  • Street Designation: Loop
  • Termite Company: City
  • Type: Rural Residential
  • Estimated Year Built: 1996
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1222
  • Bedrooms: 2
  • Floors: Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Refrigerator-Stays, Water Filter
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling

Exterior Features

  • Exterior: Frame
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Carport

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy), Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 30.43
  • Estimated Lot Size: 30.43
  • Farmranch: Barns/Buildings, Livestock Allowed
  • Lot: Level, Corner Lot, Rural Property, Pond, Wooded, Cleared, Not In Subdivision
  • Geo Subdivision: AR

MLS Schools

  • Elementary School: Bismarck
  • HighSchool: Bismarck
  • Middle School: Bismarck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 24, 2024
Sold by
Morgan Justin and Fry Julia
Bought by
Muhlbaier Kevin L and Muhlbaier Candi A
Seller's Agent
Raymond Piper
Trademark Real Estate, Inc.
Buyer's Agent
Georgina Daniel
Century 21 Parker & Scroggins Realty - Bryant
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
62
Current Estimated Value
$295,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,167
Avg. Annual Appreciation
-9.50%
Original Mortgage
$276,000
Outstanding Balance
$271,670
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$24,163

Purchase Details

Closed on
Aug 28, 2021
Sold by
Morgan Justin T and Morgan Julia
Bought by
Arkansas State Highway Commission

Purchase Details

Closed on
Dec 28, 2020
Sold by
Dennis Barry and Dennis Donna
Bought by
Morgan Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Smoke Michael D and Smoke Robin M
Bought by
Dennis Barry L and Dennis Donna A

Purchase Details

Closed on
Aug 31, 2001
Bought by
Smoke Michael D and Smoke Robin M

Purchase Details

Closed on
Jun 13, 1995
Bought by
Blackwell Allen W and Blackwell Dee L
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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Purchase History

Date Buyer Sale Price Title Company
Muhlbaier Kevin L $345,000 First National Title
Arkansas State Highway Commission $8,125 Long David S
Morgan Justin $268,500 First National Title Co
Dennis Barry L $45,000 --
Smoke Michael D $145,000 --
Blackwell Allen W $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhlbaier Kevin L $276,000
Previous Owner Morgan Justin $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $345,000 -8.0% $282 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $375,000 -- $307 / 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
2025 $1,059 $21,175 $2,665 $18,510
2024 $1,060 $21,175 $2,665 $18,510
2023 $1,059 $21,175 $2,665 $18,510
2022 $1,060 $21,175 $2,665 $18,510
2021 $1,060 $21,175 $2,665 $18,510
2020 $643 $20,985 $3,310 $17,675
2019 $667 $20,985 $3,310 $17,675
2018 $692 $20,985 $3,310 $17,675
2017 $692 $20,985 $3,310 $17,675
2016 $1,039 $20,774 $3,260 $17,514
2015 $636 $19,730 $3,520 $16,210
2014 $637 $19,730 $3,520 $16,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24014329

Cooperative Arkansas REALTORS® MLS

APN: 055-00314-001