NOT LISTED FOR SALE

2761 Highway 267 S Mc Rae, AR 72102

Estimated Value: $193,000 - $351,000

3 Beds
2 Baths
1,837 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $107,000 $58 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,452/month

129 Days on Market

Highlights

  • Deck
  • Paneling
  • Livestock
  • Ranch Style House
  • Laundry Room
  • Tile Flooring

About This Home

As of December 2012

Country style property with 9.5 acres, storm shelter, house has had some updating, nice kitchen with open dining/living combo/ plus large living/family room with fireplace. Double carport, deck and front porch. Agents see remarks.

Last Agent to Sell the Property

Beverly Baldridge

RE/MAX Advantage Listed on: 07/12/2012

RE/MAX Advantage

Last Buyer's Agent

Donna Smith

Plantation Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1982

Lot Details

  • 9.5 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,837 Sq Ft Home
  • Paneling
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Open Floorplan
  • Crawl Space

Kitchen

  • Electric Range
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Carport

Schools

  • Beebe Elementary And Middle School
  • Beebe High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • Livestock

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck
  • Foreclosure REO: Yes
  • Price Per Sq Ft: 58.25
  • Road Surface: Paved
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1982
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1837
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Electric Range, Pantry
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Beebe
  • Middle School: Beebe
  • High School: Beebe
  • Junior High: Beebe

Lot Info

  • Estimated Lot Size: 9.5
  • Estimated Lot Size: 9.5acres
  • Farmranch: Livestock Allowed
  • Lot: Level, Rural Property
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 696.78
  • Year: 2011

MLS Schools

  • Elementary School: Beebe
  • HighSchool: Beebe
  • Middle School: Beebe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Martin Rickey Shade
Bought by
Payne Race Rivers and Payne Jenna Nicole
Current Estimated Value
$256,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,818
Outstanding Balance
$164,384
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$60,023

Purchase Details

Closed on
Feb 28, 2019
Sold by
Kersey Zach and Kersey Tristan
Bought by
Martin Rickey Shade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,595
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2017
Sold by
Martin Rickey Shade and Martin Ashley R
Bought by
Kersey Zach and Kersey Tristan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2012
Closed on
Dec 14, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Donna J and Smith John T
Seller's Agent
Beverly Baldridge
RE/MAX Advantage
Buyer's Agent
Donna Smith
Plantation Realty
List Price
$132,095
Sold Price
$107,000
Premium/Discount to List
-$25,095
-19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$107,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 15, 2012
Sold by
Shellnut Darrin E and Shellnut Tamara Kay
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 21, 2006
Sold by
Martin Chadrick Allen
Bought by
Shellnut Darrin E and Shellnut Tamara Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Bought by
Annex

Purchase Details

Closed on
Feb 12, 2004
Bought by
Martin

Purchase Details

Closed on
Nov 2, 1999
Bought by
Smith John and Smith Donna

Purchase Details

Closed on
Oct 15, 1999
Bought by
Smith John and Smith Donna

Purchase Details

Closed on
Oct 10, 1997
Bought by
Russell Allen W and Russell Joyce

Purchase Details

Closed on
Jun 26, 1997
Bought by
State
Source: Public Records

Range of Values:

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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
Payne Race Rivers $180,000 None Available
Martin Rickey Shade $158,000 Wilbourn Title & Closing
Kersey Zach $165,000 None Available
Smith Donna J -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Shellnut Darrin E $138,000 None Available
Annex -- --
Martin $70,000 --
Smith John -- --
Smith John -- --
Russell Allen W -- --
State -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Race Rivers $181,818
Previous Owner Martin Rickey Shade $159,595
Previous Owner Kersey Zach $162,011
Previous Owner Smith Donna J $107,000
Previous Owner Shellnut Darrin E $110,000
Previous Owner Shellnut Darrin E $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2012 12/18/12 Sold $107,000 -19.0% $58 / Sq Ft
11/18/2012 11/18/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $132,095 -- $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 $1,022 $25,110 $3,750 $21,360
2023 $648 $25,110 $3,750 $21,360
2022 $698 $25,110 $3,750 $21,360
2021 $681 $25,110 $3,750 $21,360
2020 $620 $23,190 $3,930 $19,260
2019 $620 $23,190 $3,930 $19,260
2018 $645 $23,190 $3,930 $19,260
2017 $792 $23,190 $3,930 $19,260
2016 $792 $19,460 $3,930 $15,530
2015 $720 $17,690 $1,860 $15,830
2014 $720 $17,690 $1,860 $15,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10322922

Cooperative Arkansas REALTORS® MLS

APN: 001-10110-000