NOT LISTED FOR SALE

225 Wallace Rd Tumbling Shoals, AR 72581

Estimated Value: $305,000 - $442,000

3 Beds
2.5 Baths
2,500 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $285,000 $114 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,027/month

150 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Vaulted Ceiling
  • Heber Springs Middle School Rated A-
  • Wooded Lot
  • Ranch Style House

About This Home

As of September 2018

Custom built home with rustic Western Cedar Siding. On approx 3 acres near Greers Ferry Lake. 2500 Sq FT home with 800 Sq FT bonus room(not included in square footage) with full bath & kitchen above garage, plus office & 2nd laundry room on first floor of garage. Lots of area to entertain about 2 miles from Old Hwy 25 boat launch.

Last Agent to Sell the Property

Allison Pickell

CBRPM Group Listed on: 05/01/2018

Last Buyer's Agent

Judy Balderree

RE/MAX Advantage Heber Springs

RE/MAX Advantage Heber Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 2004

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Dog Run
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 2,500 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 4 Car Detached Garage
  • Carport
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Shop
  • Porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Septic System
  • Phone Available
  • Satellite Dish

Community Details

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 2004

Lot Details

3 Acres

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Patio, Porch, Outside Storage Area, Lawn Sprinkler, Shop, Dog Run, Guest House, Rv Parking
  • LVT Date: 05/01/2018
  • Road Surface: Paved
  • Type: Rural Residential
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Kitchen/Den, Separate Dining Room
  • Fireplace: Woodburning-Site-Built, Gas Starter, Gas Logs Present
  • Bedrooms: All Bedrooms Down, Primary Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2500
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Security System, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Double Oven, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Great Room, In-Law Quarters, Workshop/Craft, Bonus Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Vault Ceiling

Exterior Features

  • Exterior: Frame, Cedar
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Carport, Detached, Auto Door Opener, Four Car Or More, Rear Entry

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane, Tv-Satellite Dish, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Picnic Area
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 3
  • Estimated Lot Size: 3 acres
  • Lot: Sloped, Rural Property, Wooded, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Sanders Kenneth B and Sanders Brenda K
Bought by
Bill R Drake And Terry A Drake Living Trust and Drake
Current Estimated Value
$366,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,425
Outstanding Balance
$143,105
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$223,435

Purchase Details

Listed on
May 1, 2018
Closed on
Sep 28, 2018
Sold by
South Jimmy D and South Deborah A
Bought by
Sanders Kenneth Duane and Sanders Laurie A
Seller's Agent
Allison Pickell
CBRPM Group
Buyer's Agent
Judy Balderree
RE/MAX Advantage Heber Springs
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$276,450
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2008
Sold by
Boydston Tammy and Boydston Gary
Bought by
South Jimmy D and South Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Boydston Tammy and Crumley William D
Bought by
South Jimmy D and South Debroah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Bought by
Crumley William B and Crumley Rhonda R

Purchase Details

Closed on
Jun 15, 1999
Bought by
Crumley William D and Crumley Linda Y

Purchase Details

Closed on
Jun 10, 1999
Bought by
Cbumley William D and Cbumley Linda Y

Purchase Details

Closed on
Sep 28, 1996
Bought by
Bingham Walter L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bill R Drake And Terry A Drake Living Trust $209,900 General Land & Title
Sanders Kenneth Duane $285,000 General Land & Title Service
South Jimmy D -- None Available
South Jimmy D $300,000 None Available
Crumley William B -- --
Crumley William D -- --
Cbumley William D $12,500 --
Bingham Walter L $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bill R Drake And Terry A Drake Living Trust $157,425
Previous Owner Sanders Kenneth Duane $276,450
Previous Owner South Jimmy D $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $285,000 -1.4% $114 / Sq Ft
05/01/2018 05/01/18 For Sale $289,000 -- $116 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,662 $69,177 $2,000 $67,177
2024 $1,591 $55,403 $4,000 $51,403
2023 $1,567 $55,403 $4,000 $51,403
2022 $1,513 $55,403 $4,000 $51,403
2021 $1,410 $47,103 $4,000 $43,103
2020 $1,410 $47,103 $4,000 $43,103
2019 $1,410 $47,103 $4,000 $43,103
2018 $1,230 $47,103 $4,000 $43,103
2017 $1,230 $47,103 $4,000 $43,103
2016 $1,229 $41,669 $4,000 $37,669
2015 $1,229 $41,669 $4,000 $37,669
2014 $1,229 $41,669 $4,000 $37,669
Source: Public Records

Agents Affiliated with this Home

  • Allison Pickell

    Seller's Agent in 2018

    Allison Pickell

    CBRPM Group

    (501) 920-2392

    216 Total Sales

    Allison Pickell
    Section Image
  • Judy Balderree

    Buyer's Agent in 2018

    Judy Balderree

    RE/MAX

    (501) 206-8607

    164 Total Sales

    Judy Balderree
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18013373

Cooperative Arkansas REALTORS® MLS

APN: 002-09595-000

Arkansas Cleburne County Tumbling Shoals 72581

225 Wallace Rd, Tumbling Shoals, AR

Not Listed for Sale

Detached

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