NOT LISTED FOR SALE

306 E 3rd St Lonoke, AR 72086

Estimated Value: $165,000 - $194,757

4 Beds
2.5 Baths
2,041 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $166,000 $81 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,078/month

2 Days on Market

Highlights

  • Victorian Architecture
  • Formal Dining Room
  • In-Law or Guest Suite
  • Separate Formal Living Room
  • Porch
  • Breakfast Bar

About This Home

As of April 2024

Welcome to this charming 1941-built home in Lonoke! Featuring 4 beds, 2 baths, and a spacious yard with a shed, this property is bursting with character. Enjoy cozy evenings by the fireplace in the spacious living room. Conveniently located in the heart of Lonoke, it offers easy access to local amenities. Don't miss out on this opportunity - schedule a showing today!

Last Agent to Sell the Property

Madison Rankin

IRealty Arkansas - Sherwood Listed on: 04/04/2024

IRealty Arkansas - Sherwood

Last Buyer's Agent

Kizmet Johnson

Crye-Leike REALTORS Kanis Branch

Crye-Leike REALTORS Kanis Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1941

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Victorian Architecture
  • Plaster Walls
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Crawl Space
  • Attic Floors

Kitchen

  • Breakfast Bar
  • Stove
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Victorian
  • Ext Features: Porch, Guttering
  • Inside City Limits: Yes
  • LVT Date: 04/04/2024
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 4 Bedrooms Same Level
  • Estimated Sq Ft: 2041
  • Bedrooms: 4
  • Floors: Laminate, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Window Treatments, Floored Attic, Ceiling Fan(s), Breakfast Bar, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Microwave
  • Other Rooms: Formal Living Room, Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Plaster, Sheet Rock Ceiling

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Sewer-Public, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Playground, Fitness/Bike Trail

Lot Info

  • Estimated Lot Size: 0.36
  • Estimated Lot Size: 0.36
  • Lot: Level, Cleared, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1271.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 26, 2024
Sold by
Corbitt Kimberly Rebecca and Preston Shane
Bought by
Willmuth Desiree
Seller's Agent
Madison Rankin
IRealty Arkansas - Sherwood
Buyer's Agent
Kizmet Johnson
Crye-Leike REALTORS Kanis Branch
List Price
$174,500
Sold Price
$166,000
Premium/Discount to List
-$8,500
-4.87%
Views
26
Current Estimated Value
$185,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,439
Avg. Annual Appreciation
6.94%
Original Mortgage
$361,020
Outstanding Balance
$354,661
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$169,222

Purchase Details

Closed on
Nov 27, 2020
Sold by
Sjostrand G Keith G and Sjostrand Janice
Bought by
Corbitt Preston Shane and Corbitt Kimberly Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,969
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2020
Sold by
Sjostrand G Keith G and Sjostrand Janice
Bought by
Corbitt Preston Shane and Corbitt Kimberly Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,969
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Sjostrand Donald D and Sjostrand Jo Ann
Bought by
Higgins Colleen A

Purchase Details

Closed on
Jul 11, 1983
Bought by
Sjostrands

Purchase Details

Closed on
Jul 9, 1981
Bought by
Stoddard and Stoddard Grimes
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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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
Willmuth Desiree $166,000 Best Title
Corbitt Preston Shane $96,000 Capital Title & Escrow
Corbitt Preston Shane $96,000 Capital Title And Escrow Llc
Higgins Colleen A -- --
Sjostrands -- --
Stoddard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willmuth Desiree $361,020
Previous Owner Corbitt Preston Shane $96,969
Previous Owner Corbitt Preston Shane $96,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $166,000 -4.9% $81 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $174,500 -- $85 / 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 $1,271 $22,280 $2,560 $19,720
2024 $1,271 $22,280 $2,560 $19,720
2023 $1,271 $22,280 $2,560 $19,720
2022 $1,271 $22,280 $2,560 $19,720
2021 $1,271 $22,280 $2,560 $19,720
2020 $610 $10,700 $2,560 $8,140
2019 $590 $10,700 $2,560 $8,140
2018 $590 $10,700 $2,560 $8,140
2017 $590 $10,700 $2,560 $8,140
2016 $590 $10,700 $2,560 $8,140
2015 $644 $11,670 $2,370 $9,300
2014 $644 $11,670 $2,370 $9,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24011526

Cooperative Arkansas REALTORS® MLS

APN: 780-11807-000