NOT LISTED FOR SALE

307 Oak Forrest Loop Searcy, AR 72143

Estimated Value: $192,000 - $346,000

4 Beds
3 Baths
2,407 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $77,000 $32 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,645/month

90 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Separate Formal Living Room
  • Southwest Middle School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2020

Large corner lot. 2 Living areas. Large Master Bedroom apart. Kitchen/Dining Combo. Mother-in-law house has 1BR/1BA. Property is being sold in "as is" condition. Please Note: THE MOBILE HOME AT THE REAR OF THE LOT IS NOT INCLUDED IN THE SALE.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 09/17/2019

RE/MAX Advantage

Last Buyer's Agent

Mark Lercher

RE/MAX Advantage Listed on: 09/17/2019

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,407 Sq Ft Home
  • Family Room
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck, Porch, Partially Fenced, Outside Storage Area
  • Foreclosure REO: Yes
  • LVT Date: 09/18/2019
  • Price Per Sq Ft: 31.99
  • Road Surface: Paved
  • Street Designation: Loop
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1976
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2407
  • Bedrooms: 4
  • Floors: Laminate, Tile, Wood, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Free-Standing Stove, Dishwasher
  • Other Rooms: Formal Living Room, Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: .50
  • Lot: Level, Corner Lot, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1374.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Day David and Day Terri
Bought by
Hight Charles
Current Estimated Value
$289,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,540
Outstanding Balance
$166,807
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$122,511

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jan 13, 2020
Sold by
Wf Master Reo Llc
Bought by
Day David and Day Terry
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Mark Lercher
RE/MAX Advantage
List Price
$119,900
Sold Price
$77,000
Premium/Discount to List
-$42,900
-35.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.09%
Original Mortgage
$95,000
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2017
Sold by
Linn Theresa K
Bought by
Wvmf Funding Llc

Purchase Details

Closed on
Nov 25, 1998
Bought by
Linn Theresa K and Linn Anthony C

Purchase Details

Closed on
Jan 1, 1994
Bought by
Smith Theresa K
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
Hight Charles $191,000 White County Title Company
Day David $77,000 Citytitle & Closing
Wf Master Reo Llc -- Novare National Setmnt Svc
Wvmf Funding Llc $82,201 None Available
Linn Theresa K -- --
Smith Theresa K $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hight Charles $187,540
Previous Owner Wf Master Reo Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $77,000 -14.3% $32 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/16/2019 12/16/19 Price Changed $89,900 -18.2% $37 / Sq Ft
10/21/2019 10/21/19 Price Changed $109,900 -8.3% $46 / Sq Ft
09/17/2019 09/17/19 For Sale $119,900 -- $50 / 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 $1,534 $38,540 $3,720 $34,820
2024 $1,534 $38,540 $3,720 $34,820
2023 $1,109 $38,540 $3,720 $34,820
2022 $1,159 $38,540 $3,720 $34,820
2021 $1,159 $38,540 $3,720 $34,820
2020 $999 $34,530 $3,290 $31,240
2019 $1,374 $34,530 $3,290 $31,240
2018 $1,374 $34,530 $3,290 $31,240
2017 $1,294 $34,530 $3,290 $31,240
2016 $1,294 $32,520 $3,290 $29,230
2015 $1,216 $30,560 $2,900 $27,660
2014 $1,186 $29,790 $2,900 $26,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19030497

Cooperative Arkansas REALTORS® MLS

APN: 002-00632-000