NOT LISTED FOR SALE

231 Koa Rd Searcy, AR 72143

Estimated Value: $271,000 - $466,000

4 Beds
2 Baths
2,561 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2021

Last sale price $385,000 $150 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,077 / mo

18 Days on Market

Highlights

  • Above Ground Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Wooded Lot
  • Traditional Architecture
  • Home Office

About This Home

As of August 2021

Custom home with air-conditioned shop on 12.5 acres just outside Searcy. Four bedrooms (one is used as an office), formal dining room, gas-log fireplace, built-in bookcases and Generac whole-house generator. Just south of Searcy with easy access to the freeway. Also available for a separate price, 11.8 acres just behind the house, which is mostly timber and woods.

Last Agent to Sell the Property

Valerie Canepa

RE/MAX Advantage Listed on: 07/01/2021

RE/MAX Advantage

Co-Listed By

Barbara Duncan

RE/MAX Advantage

Last Buyer's Agent

Jennifer Nickerson

TKP Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 2009

Lot Details

  • 12.5 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,561 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 4 Car Detached Garage
  • Carport
  • Parking Pad
  • Side or Rear Entrance to Parking

Outdoor Features

  • Above Ground Pool
  • Outdoor Storage
  • Shop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Propane
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 2009

Lot Details

12.5 Acres

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Outside Storage Area, Above Ground Pool, Guttering, Shop
  • LVT Date: 07/01/2021
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Estimated Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2561
  • Bedrooms: 4
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Central Vacuum, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Double Oven, Microwave, Electric Range, Surface Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Den/Family Room, Office/Study, Laundry
  • Stories: One Story
  • Walls Ceilings: Tray Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Carport, Parking Pads, Detached, Four Car Or More, Side Entry

Utilities

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

Lot Info

  • Estimated Lot Size: 12.5
  • Estimated Lot Size: 24.5
  • Lot: Level, Rural Property, Wooded, Cleared, Extra Landscaping, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Generator, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1430
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 16, 2021
Sold by
Steele Jeffery William and Steele Carrie Lea
Bought by
Downing Douglas and Downing Kimberly
Seller's Agent
Valerie Canepa
RE/MAX Advantage
Buyer's Agent
Jennifer Nickerson
TKP Management
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$369,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,253
Avg. Annual Appreciation
-0.86%
Original Mortgage
$371,784
Outstanding Balance
$336,604
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$33,143

Purchase Details

Listed on
Feb 28, 2012
Closed on
Nov 13, 2012
Sold by
Walters Polly and Walters Roger Daren
Bought by
Steele Jeffery William and Steele Carrie Lea
Seller's Agent
Jeff Tinsley
RE/MAX Advantage
Buyer's Agent
Valerie Canepa
RE/MAX Advantage
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$220,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Downing Douglas $385,000 First American Mortgage Sln
Downing Douglas $385,000 None Listed On Document
Downing Douglas $385,000 None Listed On Document
Steele Jeffery William $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing Douglas $371,784
Closed Downing Douglas $371,784
Previous Owner Steele Jeffery William $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $385,000 0.0% $150 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $385,000 +2.7% $150 / Sq Ft
07/09/2021 07/09/21 Price Changed $375,000 -11.8% $146 / Sq Ft
07/01/2021 07/01/21 For Sale $425,000 +54.5% $166 / Sq Ft
11/13/2012 11/13/12 Sold $275,000 -5.1% $107 / Sq Ft View Prior Sale
10/14/2012 10/14/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $289,900 -- $113 / 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 $1,408 $34,590 $2,130 $32,460
2024 $1,408 $34,590 $2,130 $32,460
2023 $1,412 $34,590 $2,130 $32,460
2022 $1,372 $33,710 $1,860 $31,850
2021 $999 $33,710 $1,860 $31,850
2020 $1,056 $35,130 $1,860 $33,270
2019 $1,056 $35,130 $1,860 $33,270
2018 $1,081 $35,130 $1,860 $33,270
2017 $1,430 $35,130 $1,860 $33,270
2016 $1,430 $35,130 $1,860 $33,270
2015 $1,600 $39,320 $2,020 $37,300
2014 $1,600 $39,320 $2,020 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21020778

Cooperative Arkansas REALTORS® MLS

APN: 001-06616-002-A

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