NOT LISTED FOR SALE

2973 Morriston Rd Salem, AR 72576

Estimated Value: $101,000 - $187,000

2 Beds
1.5 Baths
1,500 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2015

Last sale price $11,250 $8 Per Sq Ft

Est. 1,146% increase in value since last sale

Current estimated payment $775 / mo

139 Days on Market

Highlights

  • Wood Flooring
  • Combination Dining and Living Room
  • Level Lot
  • Main Floor Primary Bedroom
  • Satellite Dish

About This Home

As of November 2015

2 story house with rustic wood interior, loft and open 2 story living room. It needs repairs and remodeling, but what a gorgeous setting. The potential for a really nice home in the country is there. Living room and kitchen are an"open" style floor plan. Bathroom and 1 bedroom on the main level. Upstairs is a second bathroom area-not yet finished-- and 2 areas that can easily be used for sleeping areas, family room or what have you. No heating or cooling systems. Homesteps Fannie Mae property.

Last Agent to Sell the Property

Lisa Reeves

Coldwell Banker Ozark Real Estate Company Listed on: 06/11/2015

Coldwell Banker Ozark Real Estate Company

Last Buyer's Agent

Lisa Reeves

Coldwell Banker Ozark Real Estate Company Listed on: 06/11/2015

Coldwell Banker Ozark Real Estate Company

Home Details

Home Type

  • Single Family

Lot Details

  • 1.92 Acre Lot
  • Dirt Road
  • Rural Setting
  • Level Lot

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Utilities

  • No Cooling
  • No Heating
  • Propane
  • Well
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Lot Details

1.92 Acres

Listing Details

  • Class: Residential
  • Style: Fixer-Upper
  • Foreclosure REO: Yes
  • Road Surface: Dirt
  • Type: Rural Residential
  • Estimated Year Built: 2222
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1500
  • Bedrooms: 2
  • Floors: Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Stories: Two Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Utilities

  • Utilities: Septic, Well, Gas-Propane/Butane, Tv-Satellite Dish
  • Heat Air: No Cooling, No Heating

Lot Info

  • Estimated Lot Size: 1.92
  • Estimated Lot Size: 1.92 acres
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Nov 5, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seymore Tracy
Seller's Agent
Lisa Reeves
Coldwell Banker Ozark Real Estate Company
Buyer's Agent
Lisa Reeves
Coldwell Banker Ozark Real Estate Company
List Price
$29,000
Sold Price
$11,250
Premium/Discount to List
-$17,750
-61.21%
Current Estimated Value
$140,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,893
Avg. Annual Appreciation
27.36%
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
Seymore Tracy $11,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2015 11/16/15 Sold $11,250 -61.2% $8 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $29,000 -- $19 / 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 $375 $12,490 $1,730 $10,760
2024 $375 $10,000 $1,540 $8,460
2023 $375 $10,000 $1,540 $8,460
2022 $375 $10,000 $1,540 $8,460
2021 $363 $10,000 $1,540 $8,460
2020 $346 $9,220 $1,150 $8,070
2019 $346 $9,220 $1,150 $8,070
2018 $346 $9,220 $1,150 $8,070
2017 $346 $9,220 $1,150 $8,070
2016 -- $9,220 $1,150 $8,070
2015 -- $11,790 $960 $10,830
2014 -- $11,790 $960 $10,830
2013 -- $11,790 $960 $10,830
Source: Public Records

Agents Affiliated with this Home

  • Lisa Reeves

    Seller's Agent in 2015

    Lisa Reeves

    Coldwell Banker Ozark Real Estate Company

    (870) 710-1014

    88 Total Sales

    Lisa Reeves
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15024094

Cooperative Arkansas REALTORS® MLS

APN: 001-05499-000

Arkansas Fulton County Salem 72539

2973 Morriston Rd, Salem, 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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