NOT LISTED FOR SALE

2825 Summerset Dr Conway, AR 72034

Downtown Conway Neighborhood

Estimated Value: $237,532 - $249,000

3 Beds
2 Baths
1,541 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $157,500 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,411/month

34 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Traditional Architecture
  • Julia Lee Moore Elementary School Rated A
  • Vaulted Ceiling
  • Porch

About This Home

As of November 2018

Well maintained 3 bedroom 2 bath in West Conway. New roof, A/C, water heater, siding, carpet, tile, corian counter tops and kitchen appliances. Home features 2 car garage with 2 car covered carport and greenhouse. New front living room windows being installed. $1000 painting allowance.

Last Agent to Sell the Property

Lindsey Spangler

CBRPM Conway Listed on: 09/12/2018

Last Buyer's Agent

Rick Ketchum

NextHome Local Realty Group

NextHome Local Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1995

Lot Details

  • 0.32 Acre Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Porch, Fully Fenced, Green House, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 09/12/2018
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built, Gas Starter
  • Bedrooms: All Bedrooms Down, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1541
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Floored Attic, Ceiling Fan(s), Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Microwave, Gas Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Brick, Frame, Brick & Frame Combo, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Carport, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.32
  • Estimated Lot Size: .32
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 14, 2018
Sold by
Foreman Neil and Foreman Cynthia
Bought by
Young Daniel Scott and Young Leslie
Seller's Agent
Lindsey Spangler
Real Broker
Buyer's Agent
Rick Ketchum
NextHome Local Realty Group
List Price
$179,900
Sold Price
$157,500
Premium/Discount to List
-$22,400
-12.45%
Current Estimated Value
$243,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,633
Avg. Annual Appreciation
6.28%
Original Mortgage
$157,500
Outstanding Balance
$138,206
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$104,927

Purchase Details

Closed on
Feb 15, 2017
Sold by
Foreman Neil
Bought by
Foreman Neil and Foreman Cynthia

Purchase Details

Closed on
Mar 23, 2005
Bought by
Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Foreman Kimberly
Bought by
Foreman Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1998
Bought by
Foreman

Purchase Details

Closed on
Feb 25, 1992
Bought by
Long

Purchase Details

Closed on
Nov 13, 1991
Bought by
Generation Bldrs

Purchase Details

Closed on
Nov 1, 1991
Bought by
Generation Bldrs
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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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
Young Daniel Scott $157,500 Faulkner County Title Compan
Foreman Neil -- None Available
Neil -- --
Foreman Neil -- None Available
Neil -- --
Foreman $99,000 --
Long $87,000 --
Generation Bldrs $17,000 --
Generation Bldrs $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Daniel Scott $157,500
Previous Owner Neil $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $157,500 -4.5% $102 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $164,900 -2.9% $107 / Sq Ft
10/01/2018 10/01/18 Price Changed $169,900 -5.6% $110 / Sq Ft
09/12/2018 09/12/18 For Sale $179,900 -- $117 / 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 $1,687 $44,400 $5,000 $39,400
2024 $1,610 $44,400 $5,000 $39,400
2023 $1,533 $32,090 $5,000 $27,090
2022 $1,091 $32,090 $5,000 $27,090
2021 $1,025 $32,090 $5,000 $27,090
2020 $958 $26,340 $5,000 $21,340
2019 $958 $0 $0 $0
2018 $983 $26,340 $5,000 $21,340
2017 $983 $26,340 $5,000 $21,340
2016 $983 $26,340 $5,000 $21,340
2015 $984 $26,370 $5,000 $21,370
2014 $984 $26,370 $5,000 $21,370
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Spangler

    Seller's Agent in 2018

    Lindsey Spangler

    CBRPM Conway

    (501) 450-0228

    1 in this area

    10 Total Sales

    Lindsey Spangler
    Section Image

  • R

    Buyer's Agent in 2018

    Rick Ketchum

    NextHome Local Realty Group

    (501) 554-0437

    1 in this area

    33 Total Sales

    Rick Ketchum
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18029252

Cooperative Arkansas REALTORS® MLS

APN: 710-08239-057

Arkansas Faulkner County Conway 72034 Downtown Conway

2825 Summerset Dr, Conway, AR

Not Listed for Sale

Detached

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