NOT LISTED FOR SALE

223 W Highway 88 Pencil Bluff, AR 71965

Estimated Value: $133,000 - $398,000

3 Beds
2 Baths
2,720 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $115,000 $42 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,477/month

38 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Paneling
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of March 2022

PENCIL BLUFF... 3BR 2 bath $120,000... 2075sf brick on 1.37 acs, nice curb appeal, cov'd parking, bk deck, lg bk yard, eat-in kit plus formal DR; 2 stg bldgs, storm cellar.. seller does not pay customary closing costs to incld title ins, termite, survey, H-warranty, repairs or clsing costs; go to www.vrmproperties.com to see if property qualifies for Seller Financing (Vendee); if property qualifies, only buyer may speak w/loan officer; Property built prior to 1978 so Lead Based Paint Potentially Exists

Last Agent to Sell the Property

Fay Garner

Hot Springs Realty Listed on: 01/10/2022

Co-Listed By

Terry Malone

Hot Springs Realty

Last Buyer's Agent

Terry Malone

Hot Springs Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1968

Lot Details

  • 1.37 Acre Lot
  • Rural Setting

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,720 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Storm Cellar or Shelter

Schools

  • Ouachita Elementary And Middle School
  • Ouachita High School

Utilities

  • Central Heating and Cooling System
  • Butane Gas
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional, Ranch
  • Ext Features: Patio, Deck, Outside Storage Area, Storm Cellar
  • Foreclosure REO: Yes
  • Legal 2: Montgomery Co, AR 71965
  • LVT Date: 01/12/2022
  • Price Per Sq Ft: 42.28
  • Road Surface: Paved
  • Type: Rural Residential
  • Estimated Year Built: 1968
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Dining Room: Eat-In Kitchen, Living/Dining Combo, Separate Dining Room
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2720
  • Bedrooms: 3
  • Floors: Laminate, Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher
  • Other Rooms: Formal Living Room, Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Wallpaper

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Well, Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Ouachita
  • Middle School: Ouachita
  • High School: Ouachita
  • Junior High: Ouachita

Lot Info

  • Estimated Lot Size: 1.37
  • Estimated Lot Size: 1.37 Acres
  • Lot: Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 928
  • Year: 2021

MLS Schools

  • Elementary School: Ouachita
  • HighSchool: Ouachita
  • Middle School: Ouachita

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 3, 2022
Sold by
The Secretary Of Veterans Affairs
Bought by
Lowry Larry and Lowry Esperanza
Seller's Agent
Fay Garner
Hot Springs Realty
Buyer's Agent
Terry Malone
Hot Springs Realty
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$263,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,903
Avg. Annual Appreciation
27.49%
Original Mortgage
$97,750
Outstanding Balance
$80,827
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$183,076

Purchase Details

Closed on
Jan 4, 2022
Sold by
Lvs Title Trust
Bought by
Secretary Of Veterans Affairs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Outstanding Balance
$80,827
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$183,076

Purchase Details

Closed on
Jan 2, 2022
Sold by
Umb Bank Na
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Outstanding Balance
$80,827
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$183,076

Purchase Details

Closed on
Nov 17, 2021
Sold by
Wilson & Associates Pllc
Bought by
Umb Bank Na

Purchase Details

Closed on
Mar 24, 2003
Bought by
Mckinney Nolan H and Dora Blanche

Purchase Details

Closed on
Jan 1, 1987
Bought by
Mckinney Nolan H and Dora Blanche

Purchase Details

Closed on
Apr 24, 1978
Bought by
Morris Ottis C and Morris Virginia
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
Lowry Larry $115,000 Betters Law Firm Pllc
Secretary Of Veterans Affairs -- Morrison Natalie
Va -- None Available
Va -- None Available
Umb Bank Na $78,658 None Available
Mckinney Nolan H -- --
Mckinney Nolan H $59,000 --
Morris Ottis C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowry Larry $97,750
Previous Owner Anson William E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $115,000 -4.2% $42 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $120,000 -- $44 / 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 $467 $43,820 $2,330 $41,490
2023 $542 $43,820 $2,330 $41,490
2022 $553 $23,430 $1,420 $22,010
2021 $928 $23,430 $1,420 $22,010
2020 $928 $23,430 $1,420 $22,010
2019 $928 $23,430 $1,420 $22,010
2018 $928 $23,430 $1,420 $22,010
2017 $869 $21,950 $1,750 $20,200
2016 $324 $21,950 $1,750 $20,200
2014 $324 $21,950 $1,750 $20,200
Source: Public Records

Agents Affiliated with this Home

  • Fay Garner

    Seller's Agent in 2022

    Fay Garner

    Hot Springs Realty

    (501) 624-7392

    114 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Terry Malone

    Hot Springs Realty

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22001190

Cooperative Arkansas REALTORS® MLS

APN: 001-02139-000

Arkansas Montgomery County Pencil Bluff 71961

223 W Highway 88, Pencil Bluff, AR

This home is located at 223 W Highway 88, Pencil Bluff, AR 71965 since 10 January 2022 and is currently estimated at $263,903, approximately $97 per square foot. This property was built in 1968. 223 W Highway 88 is a home located in Montgomery County with nearby schools including Oden Maddox Elementary School, Oden Schools, and Oden High School.

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.

Cooperative Arkansas REALTORS® MLS 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.

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