NOT LISTED FOR SALE

225 Merlot Dr Conway, AR 72034

Estimated Value: $333,229 - $353,000

3 Beds
2 Baths
2,015 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $230,000 $114 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,089/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Walk-In Closet
  • Woodrow Cummins Elementary School Rated A-
  • Formal Dining Room
  • Patio

About This Home

As of June 2016

Sold before listed.

Last Agent to Sell the Property

Anthony Walker

Homeward Realty Listed on: 05/17/2016

Last Buyer's Agent

Anthony Walker

Homeward Realty Listed on: 05/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 2010

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 07/07/2016
  • Price Per Sq Ft: 114.14
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: All Bedrooms Down
  • Estimated Sq Ft: 2015
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural, Tv-Cable, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 0.26
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 21, 2016
Sold by
Felkins Derrick W and Felkins Melony N
Bought by
Banks Michael L and Banks Kirsten L
Seller's Agent
Anthony Walker
Homeward Realty
Buyer's Agent
Anthony Walker
Homeward Realty
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$343,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,307
Avg. Annual Appreciation
4.50%
Original Mortgage
$170,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 28, 2013
Sold by
Richardson Michael J and Richardson Leah D
Bought by
Felkins Derrick W and Felkins Melony N
Seller's Agent
Linda White
CBRPM Conway
Buyer's Agent
Linda White
CBRPM Conway
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$219,942
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2011
Bought by
Richardson Michael and Richardson Leah

Purchase Details

Closed on
Sep 14, 2010
Sold by
Rushhal Development Llc
Bought by
Mallard Contractors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.51%
Mortgage Type
Construction

Purchase Details

Closed on
May 15, 2009
Bought by
Rushhal

Purchase Details

Closed on
May 1, 2009
Bought by
Trinity
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
Banks Michael L $230,000 Lenders Title Company
Felkins Derrick W $224,000 Conway Title Services
Richardson Michael $217,000 --
Mallard Contractors Llc $40,000 --
Rushhal $3,569,000 --
Rushhal $3,569,000 --
Trinity -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Michael L $160,700
Closed Banks Michael L $170,000
Previous Owner Felkins Derrick W $219,942
Previous Owner Mallard Contractors Llc $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $230,000 -4.1% $114 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $239,900 +7.1% $119 / Sq Ft
02/28/2013 02/28/13 Sold $224,000 -2.2% $111 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $229,000 -- $113 / 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 $2,668 $61,460 $8,000 $53,460
2023 $2,541 $50,280 $8,000 $42,280
2022 $2,055 $50,280 $8,000 $42,280
2021 $1,945 $50,280 $8,000 $42,280
2020 $1,835 $43,670 $8,000 $35,670
2019 $1,835 $43,670 $8,000 $35,670
2018 $1,860 $43,670 $8,000 $35,670
2017 $1,860 $43,670 $8,000 $35,670
2016 $1,687 $40,260 $8,000 $32,260
2015 $1,940 $38,340 $8,000 $30,340
2014 $1,590 $38,340 $8,000 $30,340
Source: Public Records

Agents Affiliated with this Home

  • Anthony Walker

    Seller's Agent in 2016

    Anthony Walker

    Homeward Realty

    (870) 725-6205

    62 in this area

    266 Total Sales

    Anthony Walker
    Section Image

  • L

    Seller's Agent in 2013

    Linda White

    CBRPM Conway

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16020212

Cooperative Arkansas REALTORS® MLS

APN: 712-12021-202

Arkansas Faulkner County Conway 72034

225 Merlot Dr, Conway, AR

This home is located at 225 Merlot Dr, Conway, AR 72034 since 17 May 2016 and is currently estimated at $343,307, approximately $170 per square foot. This property was built in 2010. 225 Merlot Dr is a home located in Faulkner County with nearby schools including Woodrow Cummins Elementary School, Ruth Doyle Intermediate School, and Conway Junior 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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