NOT LISTED FOR SALE

2259 Gum Springs Rd Searcy, AR 72143

Estimated Value: $82,104 - $113,000

6.32 Acres
$15,435 Price per Acre
275,299 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $55,000 $56 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $523/month

340 Days on Market

Highlights

  • Wooded Lot
  • Southwest Middle School Rated A-
  • Level Lot

About This Lot

As of June 2020

This is an ideal lot with timber on the front and back with a clearing in the middle. There was a old house here a few years back so an old septic and water meter exist. This is a perfect place to build your dream home conveniently located just minutes from town with quick access to the freeway.

Last Agent to Sell the Property

Stuart Greer

RE/MAX Advantage Listed on: 06/28/2019

RE/MAX Advantage

Last Buyer's Agent

Crystal Beatty

Modern Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $145

Lot Details

  • 6.32 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Co-Op Electric
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$145

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Min Rights Do Not Convey
  • Class: Vacant Land
  • LVT Date: 06/28/2019
  • Price Per Sq Ft: 8702.53
  • Road Surface: Paved
  • Type: Acreage
  • Price Per Acre: 9335.44
  • Sold Price Per Acre: 8702.53
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Some Util Avl-Not On Prop, Water-Public, Well-On Property, Electric-Co-Op

Lot Info

  • Estimated Lot Size: 6.32
  • Estimated Lot Size: 6.324 acres
  • Lot: Level, Wooded, Cleared, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 145
  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Jun 30, 2020
Sold by
Greer Brenda S
Bought by
Jackson Bradley Mccoy and Jackson Laura J
Seller's Agent
Stuart Greer
RE/MAX Advantage
Buyer's Agent
Crystal Beatty
Modern Realty Group
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$97,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,552
Avg. Annual Appreciation
11.37%
Original Mortgage
$46,750
Outstanding Balance
$32,865
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$64,687

Purchase Details

Closed on
Jun 19, 2003
Bought by
Thompson Living Trust

Purchase Details

Closed on
Mar 12, 1988
Bought by
Thompson Sam and Ila Jean
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
Jackson Bradley Mccoy $55,000 None Available
Thompson Living Trust -- --
Thompson Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Bradley Mccoy $46,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $55,000 -6.8% $56 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
08/15/2019 08/15/19 Price Changed $59,000 -9.2% $60 / Sq Ft
07/26/2019 07/26/19 Price Changed $65,000 -7.0% $66 / Sq Ft
06/28/2019 06/28/19 For Sale $69,900 -- $71 / 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 $140 $3,530 $3,530 --
2024 $140 $3,530 $3,530 $0
2023 $192 $3,530 $3,530 $0
2022 $192 $3,530 $3,530 $0
2021 $192 $3,530 $3,530 $0
2020 $196 $3,660 $3,560 $100
2019 $196 $3,660 $3,560 $100
2018 $196 $3,660 $3,560 $100
2017 $146 $3,660 $3,560 $100
2016 $146 $3,660 $3,560 $100
2015 $194 $4,880 $4,820 $60
2014 $194 $4,880 $4,820 $60
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19021122

Cooperative Arkansas REALTORS® MLS

APN: 001-07525-000