Seller's Agent in 2024
Kelly Lewis
Kelly Lewis Real Estate
(870) 261-8653
38 Total Sales
248 Sfc 406 Forrest City, AR 72335
Estimated Value: $196,000 - $237,000
3
Beds
2.5
Baths
2,540
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- Country Style Home
- Great Room
- Eat-In Kitchen
- Main Floor Primary Bedroom
- Formal Dining Room
- Laundry Room
About This Home
As of February 2024Forrest City, Arkansas is located in Northeast Arkansas off of Interstate 40, between Little Rock and Memphis (45 miles west of Memphis and 85 miles east of Little Rock). Forrest Citys population is approximately 15,371. Forrest City, is known as the Jewel of the Delta, and the Hub of Business and Industry in Eastern Arkansas. Forrest City is home to several businesses employing over 200 people such as Boars Head Provision, Airtherm Products Inc., Coremart, Federal Correctional Institute, Forrest City Medical Center, Forrest City School District and Wal-Mart Supercenter. In addition, we have over 31 restaurants and 700 hotel/motel rooms. There have a strong educational environment; with East Arkansas Community College (www.eacc.edu) - whose primary focus is a commitment to learning by educating and preparing students to become responsible citizens and contributing members of society. The average annual temperature of Forrest City is 60.93F. The average annual rainfall is 48.86 inches, the average annual snowfall is 2.75 inches and the average annual humidity is 78.56%.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,410
Year Built
- Built in 2005
Lot Details
- 1 Acre Lot
- Rural Setting
- Sloped Lot
Home Design
- Country Style Home
- Architectural Shingle Roof
Interior Spaces
- 2,540 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Great Room
- Formal Dining Room
- Vinyl Flooring
- Eat-In Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Parking
- 2 Car Garage
- Carport
Utilities
- Central Heating and Cooling System
- Co-Op Electric
- Septic System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Feb 26, 2024
Sold by
K & L Rental Properties Llc
Bought by
Merrill Richard A and Merrill Orestes Maria
Seller's Agent
Kelly Lewis
Kelly Lewis Real Estate
Buyer's Agent
Kelly Lewis
Kelly Lewis Real Estate
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Views
121
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,385
Avg. Annual Appreciation
9.53%
Purchase Details
Closed on
Sep 26, 2022
Sold by
Cooper Mr
Bought by
K & L Rental Properties Llc
Purchase Details
Closed on
Jul 12, 2021
Sold by
Michael Lester Hoyt
Bought by
Lester Larry Joe
Purchase Details
Closed on
Apr 15, 2004
Sold by
Not Provided
Bought by
Lester Hoyt Michael
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merrill Richard A | $190,000 | None Listed On Document | |
| K & L Rental Properties Llc | $103,600 | None Listed On Document | |
| Lester Larry Joe | -- | Steel Wright & Gray Pllc | |
| Lester Larry Joe | $223,000 | None Listed On Document | |
| Lester Hoyt Michael | $147,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $190,000 | -15.6% | $75 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | For Sale | $225,000 | -- | $89 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $1,561 | $39,220 | $5,000 | $34,220 |
| 2023 | $1,383 | $39,220 | $5,000 | $34,220 |
| 2022 | $974 | $39,220 | $5,000 | $34,220 |
| 2021 | $858 | $31,780 | $5,000 | $26,780 |
| 2020 | $858 | $31,780 | $5,000 | $26,780 |
| 2019 | $890 | $31,780 | $5,000 | $26,780 |
| 2018 | $915 | $31,780 | $5,000 | $26,780 |
| 2017 | $1,265 | $31,780 | $5,000 | $26,780 |
| 2016 | $1,325 | $33,300 | $5,000 | $28,300 |
| 2015 | $1,272 | $31,950 | $5,000 | $26,950 |
| 2014 | $1,214 | $30,500 | $5,000 | $25,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Lewis
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 24001090
APN: 0156-00004-0000
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