$161,000
SOLD FEB 25, 2025

302 Formon Paragould, AR 72450

3 Beds
2 Baths
1,233 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

2% Below List Price

20 Days on Market

Highlights

  • Creek or Stream View
  • Creek On Lot
  • Laundry Room
  • Deck
  • Traditional Architecture
  • 1-Story Property

About This Home

As of February 2025

Discover your dream home with this newer all-electric brick and siding beauty! This 3-bedroom, 2-bath home is designed with no wasted space and features a private primary bedroom with a luxurious whirlpool tub and walk-in closet. Enjoy the elegance of decorative ceilings in the living room and primary bedroom, and the durability of LVP flooring throughout. Equipped with imitation wood blinds and a modern alarm system, this home offers both style and security. The privacy-fenced yard and 2-car garage complete this perfect package. Don’t miss out on this incredible opportunity!

Last Agent to Sell the Property

Pete Cancilla

IMAGE Realty Listed on: 01/07/2025

Last Buyer's Agent

Jessica Jordan

New Horizon Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 2023

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Tile Flooring
  • Creek or Stream Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Deck

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Partially Fenced, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 01/07/2025
  • Price Per Sq Ft: 130.58
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2023
  • Internet Type: Internet-Fiber
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1233
  • Bedrooms: 3
  • Floors: Luxury Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Electric Range, Dishwasher
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: Creek

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.21
  • Estimated Lot Size: 72X132
  • Lot: Sloped, Creek, In Subdivision, Flood Insurance Required
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 25, 2025
Sold by
Formon Properties 2 Llc
Bought by
Ward Nickolas
Seller's Agent
Pete Cancilla
IMAGE Realty
Buyer's Agent
Jessica Jordan
New Horizon Real Estate
List Price
$164,900
Sold Price
$161,000
Premium/Discount to List
-$3,900
-2.37%
Total Days on Market
20
Views
48
Current Estimated Value
$160,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$558
Avg. Annual Appreciation
-1.28%
Original Mortgage
$153,642
Outstanding Balance
$153,517
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$6,925

Purchase Details

Listed on
Aug 24, 2022
Closed on
Jan 17, 2023
Sold by
Formon Construction Llc
Bought by
Formon Properties 2 Llc
Seller's Agent
Pete Cancilla
IMAGE Realty
Buyer's Agent
Pete Cancilla
IMAGE Realty
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.46%
Original Mortgage
$156,448
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
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
Warranty Deed $161,000 Ajax Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,642 FHA
Previous Owner $156,448 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $161,000 -2.4% $131 / Sq Ft
01/07/2025 01/07/25 For Sale $164,900 -2.9% $134 / Sq Ft
12/30/2022 12/30/22 Sold $169,900 0.0% $135 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $169,900 -- $135 / 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 $1,634 $35,500 $3,300 $32,200
2023 $152 $3,300 $3,300 $0
2022 $152 $3,300 $3,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25000964

Cooperative Arkansas REALTORS® MLS

APN: 1589-00162-000