NOT LISTED FOR SALE

255 Morris Ln Mc Rae, AR 72102

Estimated Value: $187,000 - $205,705

3 Beds
2 Baths
1,611 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2024

Last sale price $180,000 $112 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,099 / mo

115 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Laundry Room
  • 2 Car Detached Garage
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of April 2024

Ranch style house with acreage in country. Spacious Living Rm, Kitchen and Dining Rm. Separate Shop that can be used for parking.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 10/24/2023

RE/MAX Advantage

Last Buyer's Agent

Mark Lercher

RE/MAX Advantage Listed on: 10/24/2023

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1993

Lot Details

  • 20 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,611 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Shop
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1993

Lot Details

20 Acres

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Porch, Shop
  • Foreclosure REO: Yes
  • LVT Date: 10/24/2023
  • Road Surface: Gravel
  • Street Designation: Lane
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1993
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1611
  • Bedrooms: 3
  • Floors: Concrete, Laminate, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Two Car, Detached

Utilities

  • Utilities: Septic, Water-Public
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 20
  • Estimated Lot Size: 20
  • Lot: Level, Rural Property, Not In Subdivision, Flood Insurance Required
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Apr 5, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Sears Family Revocable Trust
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Mark Lercher
RE/MAX Advantage
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
97
Current Estimated Value
$195,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,676
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Sep 21, 2023
Sold by
Burdette Teddy I
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
May 4, 2004
Bought by
Annex

Purchase Details

Closed on
Mar 1, 1994
Bought by
Burdette Teddy I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sears Family Revocable Trust $180,000 None Listed On Document
Sears Family Revocable Trust $180,000 None Listed On Document
Cascade Funding Mortgage Trust $181,846 None Listed On Document
Annex -- --
Burdette Teddy I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burdette Teddy I $24,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $180,000 -2.7% $112 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $185,000 0.0% $115 / Sq Ft
02/15/2024 02/15/24 For Sale $185,000 -1.1% $115 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/11/2023 11/11/23 Price Changed $187,000 -5.1% $116 / Sq Ft
10/24/2023 10/24/23 For Sale $197,000 -- $122 / 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 $738 $18,140 $2,610 $15,530
2024 $738 $18,140 $2,610 $15,530
2023 $560 $18,140 $2,610 $15,530
2022 $134 $18,140 $2,610 $15,530
2021 $134 $18,140 $2,610 $15,530
2020 $508 $19,620 $2,560 $17,060
2019 $136 $19,620 $2,560 $17,060
2018 $508 $19,620 $2,560 $17,060
2017 $508 $19,620 $2,560 $17,060
2016 $508 $12,470 $2,560 $9,910
2015 $514 $12,620 $2,110 $10,510
2014 $514 $12,620 $2,110 $10,510
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Lercher

    RE/MAX

    (501) 993-6611

    133 Total Sales

    Mark Lercher
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23034200

Cooperative Arkansas REALTORS® MLS

APN: 001-06921-002

Arkansas White County Mc Rae 72102

255 Morris Ln, Mc Rae, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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