NOT LISTED FOR SALE

Estimated Value: $79,000 - $115,000

-- Bed
2 Baths
1,100 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $52,000 $47 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $555/month

Highlights

  • Bungalow
  • 1-Story Property
  • Partially Fenced Property
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2019

Investors take notice! 1 unit rental package in Rocky Reef Subdivision, consisting of 1 single family home and 0 duplexes. 100% occupancy. Long, steady rental history. Approx. $685 gross monthly income. Units are in good shape, easy to maintain and centrally located off of Higdon Ferry Road. Many long term tenants. Minimal upkeep and expenses. Tenants pay all expenses, including water, trash, cable and electric.

Last Agent to Sell the Property

Fred Wren

ESQ. Realty Group - Hot Springs Listed on: 10/18/2019

Last Buyer's Agent

Beau Durbin

ESQ. Realty Group - Hot Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1999

Lot Details

  • 3,006

Home Design

  • Bungalow
  • Combination Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Stove

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile
  • Vinyl

Parking

  • Carport
  • Parking Pad

Additional Features

  • Partially Fenced Property
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Bungalow/Cottage
  • Inside City Limits: Yes
  • LVT Date: 10/18/2019
  • Price Per Sq Ft: 47.27
  • Road Surface: Paved
  • Type: Pkg Single Family
  • Zoning: Residentia
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Floors: Concrete, Partial Carpet, Tile, Vinyl, Laminate
  • Foundation: Slab/Crawl Combination
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition
  • Exterior Features: Partially Fenced

Garage/Parking

  • Garage/Parking: Carport, Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Frequency: Annual

Lot Info

  • Lot: In Subdivision
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 500
  • Tenant Expenses: All Utilities, Cable, Electric, Sewer, Water
  • Maximum Rent Two Bedroom: 685
  • Minimum Rent Two Bedroom: 685
  • Number Of Two Bedroom Units: 1
  • Number Units: 1

Tax Info

  • Annual Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Oct 17, 2019
Sold by
Beasley Properties Inc
Bought by
M & L Investments Limited Partnership
Seller's Agent
Fred Wren
ESQ. Realty Group - Hot Springs
Buyer's Agent
Beau Durbin
ESQ. Realty Group - Hot Springs
List Price
$52,000
Sold Price
$52,000
Current Estimated Value
$91,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,750
Avg. Annual Appreciation
10.49%

Purchase Details

Closed on
Jan 4, 2017
Sold by
Beasley Valentine Development Llc
Bought by
Beasley Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2009
Sold by
Federal National Mortgage Association
Bought by
Beasley Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,994
Interest Rate
5.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 9, 2009
Sold by
Steele Susan K and Steele George
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2004
Sold by
Not Provided
Bought by
Steele Susan K

Purchase Details

Closed on
Aug 16, 1999
Sold by
Not Provided
Bought by
Vukasin Mike and Vukasin Nancy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M & L Investments Limited Partnership -- None Available
Beasley Properties Inc -- Garland County Title Company
Beasley Properties Inc $24,000 None Available
Federal National Mortgage Association -- None Available
Steele Susan K $63,000 --
Vukasin Mike $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Echo Point Holdwgs Llc $200,000
Open Cre Rentals Llc $475,000
Previous Owner Beasley Properties Inc $75,000
Previous Owner Beasley Properties Inc $75,000
Previous Owner Beasley Properties Inc $20,160
Previous Owner Beasley Properties Inc $43,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $52,000 0.0% $47 / Sq Ft
10/18/2019 10/18/19 For Sale $52,000 -- $47 / 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
2024 $713 $17,300 $1,200 $16,100
2023 $658 $17,300 $1,200 $16,100
2022 $604 $17,300 $1,200 $16,100
2021 $555 $12,140 $1,050 $11,090
2020 $555 $12,140 $1,050 $11,090
2019 $555 $12,140 $1,050 $11,090
2018 $555 $12,140 $1,050 $11,090
2017 $586 $12,140 $1,050 $11,090
2016 $575 $12,590 $1,050 $11,540
2015 $520 $12,590 $1,050 $11,540
2014 $519 $12,590 $1,050 $11,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19033816

Cooperative Arkansas REALTORS® MLS

APN: 400-55700-024-000