NOT LISTED FOR SALE

2508 Southgate Dr Malvern, AR 72104

Estimated Value: $196,000 - $215,000

3 Beds
2 Baths
1,653 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $125,000 $76 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,133/month

298 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • Breakfast Bar
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of August 2019

Wonderful home in Southgate Subdivision on 3 lots backing up to green space. This property is VERY clean and READY to move in. The back yard offers green space behind and on both sides. Owner called it her bird sanctuary, with partial area fenced. Home offers Gas log fire place in den, formal dining/living room, kitchen appliances, covered back porch and double, side entry garage. A must see!

Last Agent to Sell the Property

DeAnn Williams

Crye-Leike REALTORS Benton Branch Listed on: 11/01/2018

Crye-Leike REALTORS Benton Branch

Last Buyer's Agent

DeAnn Williams

Crye-Leike REALTORS Benton Branch Listed on: 11/01/2018

Crye-Leike REALTORS Benton Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1975

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • Patio

Schools

  • Malvern Elementary And Middle School
  • Malvern High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Partially Fenced, Chain Link
  • Inside City Limits: Yes
  • Legal 2: Southgate Annex
  • LVT Date: 11/05/2018
  • Road Surface: Paved
  • Termite Company: City
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Gas Logs Present
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1653
  • Bedrooms: 3
  • Floors: Laminate, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Breakfast Bar
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Side Entry

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Junior High: Malvern

Lot Info

  • Estimated Lot Size: see associated documents
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 800

MLS Schools

  • Elementary School: Malvern
  • HighSchool: Malvern
  • Middle School: Malvern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Aug 26, 2019
Sold by
Tabor Jean Anne
Bought by
Shelton Derrick
Seller's Agent
DeAnn Williams
Crye-Leike REALTORS Benton Branch
Buyer's Agent
DeAnn Williams
Crye-Leike REALTORS Benton Branch
List Price
$144,000
Sold Price
$125,000
Premium/Discount to List
-$19,000
-13.19%
Current Estimated Value
$205,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,659
Avg. Annual Appreciation
8.10%
Original Mortgage
$122,735
Outstanding Balance
$107,371
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$98,288
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
Shelton Derrick $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Derrick $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $125,000 -6.7% $76 / Sq Ft
04/03/2019 04/03/19 Price Changed $134,000 -6.9% $81 / Sq Ft
11/01/2018 11/01/18 For Sale $144,000 -- $87 / 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 $695 $22,855 $2,755 $20,100
2024 $795 $22,855 $2,755 $20,100
2023 $870 $22,855 $2,755 $20,100
2022 $920 $22,855 $2,755 $20,100
2021 $920 $22,855 $2,755 $20,100
2020 $690 $18,795 $1,620 $17,175
2019 $690 $18,795 $1,620 $17,175
2018 $715 $18,795 $1,620 $17,175
2017 $715 $18,795 $1,620 $17,175
2016 $999 $18,795 $1,620 $17,175
2015 $660 $19,005 $2,160 $16,845
2014 $660 $19,005 $2,160 $16,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18035034

Cooperative Arkansas REALTORS® MLS

APN: 700-05383-000