NOT LISTED FOR SALE

2229 Five Mile Rd Drasco, AR 72530

Estimated Value: $36,000 - $217,000

3 Beds
1 Bath
1,440 Sq Ft
$72/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $40,000 $28 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $570/month

120 Days on Market

Highlights

  • Wooded Lot
  • 1-Story Property
  • Level Lot
  • Traditional Architecture

About This Home

As of September 2024

Charming Fixer Upper on 10 acres of countryside bliss. With generous acreage and an existing structure, the possibilities are endless. You can choose to renovate and update the existing house to craft your own country retreat or explore the potential of constructing a new custom home tailored to your specifications. This home is sold as is where is & will require a conventional loan or cash. The 10 acres is split by Five Mile Rd. ~3 Acres and home on one side ~ 7 acres across the road. Agents see Remarks!

Last Agent to Sell the Property

Kristie Webb

Crye*Leike Brock Real Estate Listed on: 09/02/2023

Crye*Leike Brock Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206

Year Built

  • Built in 1917

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Co-Op Electric
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$206

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 09/02/2023
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Rural Residential
  • Estimated Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1917

Interior Features

  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1440
  • Bedrooms: 3
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Stories: One Story

Exterior Features

  • Roof: Architectural Shingle

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op

Lot Info

  • Estimated Lot Size: 10
  • Estimated Lot Size: 10 acres
  • Lot: Sloped, Level, Rural Property, Wooded
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Mote Terry and Mote Lesa
Bought by
Mote Family Revocable Living Trust and Mote
Current Estimated Value
$103,901
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
Mote Family Revocable Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $40,000 0.0% $28 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/28/2023 12/28/23 Price Changed $40,000 -20.0% $28 / Sq Ft
10/04/2023 10/04/23 Price Changed $50,000 -16.7% $35 / Sq Ft
09/02/2023 09/02/23 For Sale $60,000 -- $42 / 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 $387 $8,864 $1,798 $7,066
2024 $234 $6,034 $1,189 $4,845
2023 $206 $6,034 $1,189 $4,845
2022 $190 $6,034 $1,189 $4,845
2021 $173 $4,114 $807 $3,307
2020 $10 $4,114 $807 $3,307
2019 $10 $4,114 $807 $3,307
2018 $10 $4,114 $807 $3,307
2017 $10 $4,114 $807 $3,307
2016 $11 $4,071 $824 $3,247
2015 $9 $4,071 $824 $3,247
2014 $170 $4,071 $824 $3,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23027690

Cooperative Arkansas REALTORS® MLS

APN: 001-03862-000