$140,000
SOLD OCT 22, 2024

272 Welch Rd Lonoke, AR 72086

1 Bed
1 Bath
700 Sq Ft
5.04 Acres

Recently Sold

$200 Per Sq Ft

10% Below List Price

2 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Detached Garage
  • Main Floor Primary Bedroom
  • Furnished
  • Wood Ceilings

About This Home

As of October 2024

Serene, Secluded 5+ acres in Lonoke. Check out this beautiful fully fenced land with existing cabin and Ready to Go Build Site. Build site already has septic, water, and electricity. Cabin comes fully furnished including New Washer, New Dryer, New Refrigerator, New Stove, New Microwave and furniture. Cabin also has bonus space that could be used as small bedroom or closet. This property includes outside storage building and additional Large Detached Garage! Pond has been started on back of property. It's an Amazing Find. Don't miss out! Please see agent remarks for additional information.

Last Agent to Sell the Property

Jessica Lyons

Young Home Sales Listed on: 09/20/2024

Last Buyer's Agent

Gina Myers-Gunderman

Michele Phillips & Company, Realtors-Cabot Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26

Lot Details

  • 5.04 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Paneling
  • Wood Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • <<microwave>>

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Outdoor Storage
  • Livestock

Home Details

Home Type

Single Family

Est. Annual Taxes

$26

Lot Details

0

Listing Details

  • Class: Residential
  • Ext Features: Fully Fenced, Outside Storage Area, Chain Link
  • LVT Date: 09/20/2024
  • Price Per Sq Ft: 200
  • Road Surface: Gravel, Paved
  • Street Designation: Road
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 700
  • Bedrooms: 1
  • Floors: Wood, Vinyl, Tile
  • Foundation: Slab
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Furnished, Kit Counter-Other
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Refrigerator-Stays
  • Other Rooms: Sun Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Paneling, Wallpaper, Sheet Rock Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Detached

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy)
  • Heat Air: Window Units

Lot Info

  • Estimated Lot Size: 5.04
  • Estimated Lot Size: 5.04
  • Farmranch: Livestock Allowed
  • Lot: Level, Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Goodnight Darlene A and Goodnight Eugene
Bought by
Williams Danny L
Current Estimated Value
$137,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,753
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Listed on
May 8, 2017
Closed on
May 26, 2017
Sold by
Cupit Darla Renee
Bought by
Pinkston Jason and Pinkston Gretchen
Seller's Agent
Rhonda Williams
RE/MAX Homefinders
Buyer's Agent
Shane Wallis
Venture Realty Group - Cabot
List Price
$49,800
Sold Price
$45,500
Premium/Discount to List
-$4,300
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Cupit D Renee
Bought by
Cupit Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.36%

Purchase Details

Closed on
Jan 8, 2004
Bought by
Long and Long Wf

Purchase Details

Closed on
Aug 13, 2002
Bought by
Cupit and Cupit Wf

Purchase Details

Closed on
Jul 17, 2001
Bought by
Cupit and Cupit Wf

Purchase Details

Closed on
Apr 15, 1991
Bought by
Joyner
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $45,500 United Abstract Title
Quit Claim Deed -- --
Warranty Deed $20,000 --
Warranty Deed $20,000 --
Warranty Deed $13,000 --
Warranty Deed $15,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 New Conventional
Closed $115,753 Balloon
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $140,000 -9.7% $200 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $155,000 +240.7% $221 / Sq Ft
05/26/2017 05/26/17 Sold $45,500 -8.6% $66 / Sq Ft
05/08/2017 05/08/17 For Sale $49,800 -- $72 / 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
2024 $26 $18,180 $1,130 $17,050
2023 $26 $6,800 $1,130 $5,670
2022 $26 $6,800 $1,130 $5,670
2021 $579 $10,710 $5,040 $5,670
2020 $547 $10,090 $5,040 $5,050
2019 $528 $10,090 $5,040 $5,050
2018 $528 $10,090 $5,040 $5,050
2017 $466 $10,090 $5,040 $5,050
2016 $172 $10,090 $5,040 $5,050
2015 $426 $11,200 $5,040 $6,160
2014 $129 $11,200 $5,040 $6,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24034696

Cooperative Arkansas REALTORS® MLS

APN: 001-08919-015