NOT LISTED FOR SALE

25 Lance Dr Conway, AR 72032

Estimated Value: $512,000 - $559,000

4 Beds
2.5 Baths
3,634 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $478,000 $132 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,092/month

67 Days on Market

Highlights

  • Guest House
  • Safe Room
  • Pond
  • Conway Junior High School Rated A-
  • 7.94 Acre Lot
  • Wooded Lot

About This Home

As of August 2022

Seclusion, outdoor, nature? Home has it with 7.94 tree covered acres! This home was built from Polysteel PS 4000 (ICF-insulated concrete forms). Walls are 12" thick & built to resist an EF-5 tornado! This two story home has 4 bedrooms & 2 1/2 baths, plus den, family, dining, breakfast, and pantry rooms. Two car garage w/ 3 shop areas. ALSO one bedroom SEPARATE cottage w/ full kitchen, living room, laundry, full bath, covered porch & handicap accessible. Cottage & home account for 3634 square feet.

Last Agent to Sell the Property

Janet Martin

501 Professionals Realty & Investments Listed on: 06/06/2022

Last Buyer's Agent

Stephanie Hurst

CBRPM Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 2012

Lot Details

  • 7.94 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Bungalow
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace With Glass Doors
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher
  • Corian Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Safe Room
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Pond
  • Outdoor Storage
  • Shop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Additional Features

  • Wheelchair Access
  • Guest House

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,343

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional, Bungalow/Cottage
  • Ext Features: Porch, Outside Storage Area, Shop, Guest House, Wheelchair Accessible
  • LVT Date: 06/06/2022
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Dining Room: Breakfast Bar, Separate Breakfast Rm, Separate Dining Room
  • Fireplace: Insert Unit, Glass Doors
  • Bedrooms: All Bedrooms Up, 4 Bedrooms Same Level, Primary Bedroom Apart
  • Estimated Sq Ft: 3634
  • Bedrooms: 4
  • Floors: Laminate, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter-Corian
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Den/Family Room, In-Law Quarters, Laundry, Safe/Storm Room
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Detached, Auto Door Opener

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy), Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 7.94
  • Estimated Lot Size: 7.94
  • Lot: Level, Rural Property, Pond, Wooded, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 2343.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 12, 2022
Sold by
Bourn Bradley Edward
Bought by
Long Steven and Long Sara
Seller's Agent
Janet Martin
501 Professionals Realty & Investments
Buyer's Agent
Stephanie Hurst
CBRPM Group
List Price
$474,900
Sold Price
$478,000
Premium/Discount to List
$3,100
0.65%
Current Estimated Value
$540,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,165
Avg. Annual Appreciation
3.63%
Original Mortgage
$355,000
Outstanding Balance
$338,349
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$201,816

Purchase Details

Closed on
Jun 7, 2019
Sold by
Spencer Alan C and Spencer Leesa
Bought by
Bourn Bradley Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2005
Bought by
Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
8.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2005
Sold by
Hartland Development Retirement Trust
Bought by
Spencer Alan C and Spencer Leesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
8.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2005
Bought by
Public In General

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
8.8%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 1992
Bought by
Ahrens
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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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
Long Steven $478,000 Waco Title
Bourn Bradley Edward $350,000 Waco Title Company Conway
Spencer $19,000 --
Spencer Alan C $19,000 Conway Title Service
Public In General -- --
Ahrens $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Steven $355,000
Previous Owner Bourn Bradley Edward $330,000
Previous Owner Spencer Alan C $278,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/12/2022 08/12/22 Sold $478,000 +0.7% $132 / Sq Ft
06/06/2022 06/06/22 For Sale $474,900 -- $131 / 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 $3,217 $87,820 $2,550 $85,270
2024 $3,051 $87,820 $2,550 $85,270
2023 $2,885 $62,170 $1,750 $60,420
2022 $2,611 $62,170 $1,750 $60,420
2021 $2,463 $62,170 $1,750 $60,420
2020 $2,326 $55,600 $1,760 $53,840
2019 $2,277 $54,540 $1,760 $52,780
2018 $2,259 $54,540 $1,760 $52,780
2017 $2,152 $54,540 $1,760 $52,780
2016 $2,044 $48,980 $1,760 $47,220
2015 $2,166 $46,680 $1,780 $44,900
2014 $1,938 $46,680 $1,780 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22018736

Cooperative Arkansas REALTORS® MLS

APN: 001-04679-002