NOT LISTED FOR SALE

31 Mike's Cir Heber Springs, AR 72543

Estimated Value: $512,266 - $545,000

4 Beds
3 Baths
2,488 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $287,500 $116 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,883/month

157 Days on Market

Highlights

  • Spa
  • Resort Property
  • Deck
  • RV Access or Parking
  • River Nearby
  • Traditional Architecture

About This Home

As of September 2018

Well maintained four bedroom just off the Little Red River, home features high ceiling exposed wood beams, Fireplace, and a open floor plan. Two master suites downstairs and two large bedrooms up. Two living spaces, screened porch with hot tub included, alarm system, chef's kitchen, separate shop, storm cellar, fire pit, beautiful landscaping, tons of privacy and subdivision has paved access to the Little Red River. OWNER WILL FINANCE TO QUALIFIED BUYER 15% DOWN, 5%APR, 20 YEAR NOTE,10 YEAR BALLOON PAYMENT

Last Agent to Sell the Property

Chris Webb

Crye*Leike Brock Real Estate Listed on: 04/03/2018

Crye*Leike Brock Real Estate

Last Buyer's Agent

Chris Webb

Crye*Leike Brock Real Estate Listed on: 04/03/2018

Crye*Leike Brock Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 2005

Lot Details

  • 1.3 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Rock and Frame
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Screened Porch
  • Attic Floors
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Stove
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • River Nearby
  • Deck
  • Outdoor Storage
  • Shop

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Propane
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Resort Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Screened Porch, Porch, Outside Storage Area, Guttering, Hot Tub/Spa, Shop, Rv Parking
  • LVT Date: 04/03/2018
  • River: Yes
  • River Name: Little River (Red River)
  • Road Surface: Paved
  • Street Designation: Circle
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Bar, Living/Dining Combo
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: Guest Bedroom Apart, Guest Bedroom/Main Lv, Primary Bedroom Apart, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2488
  • Bedrooms: 4
  • Floors: Concrete, Carpet
  • Foundation: Slab
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Double Oven, Gas Range, Dishwasher, Disposal, Ice Maker Connection, Wall Oven
  • Other Rooms: Great Room, Bonus Room, Unfinished Space, Laundry
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Rock & Frame, Stone
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.3
  • Estimated Lot Size: 1.3
  • Lot: Level, Rural Property, Resort Property, Extra Landscaping, River/Lake Area
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 1423
  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Chastain Larry and Chastain Jan
Bought by
Wallace Brian and Wallace Deborah
Current Estimated Value
$531,317

Purchase Details

Listed on
Apr 3, 2018
Closed on
Sep 7, 2018
Sold by
Shockey Grover Gene and Grover Gene Shockey Revocable
Bought by
Chastain Larry and Chastain Jan
Seller's Agent
Chris Webb
Crye*Leike Brock Real Estate
Buyer's Agent
Chris Webb
Crye*Leike Brock Real Estate
List Price
$319,000
Sold Price
$287,500
Premium/Discount to List
-$31,500
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2012
Sold by
Luckey John and Luckey Elisa
Bought by
Shockey Grover Gene and Shockey Tina

Purchase Details

Closed on
Oct 30, 2007
Sold by
Luckey John and Luckey Elisa
Bought by
Luckey John and Luckey Elisa

Purchase Details

Closed on
Jul 1, 1987
Bought by
Burge Viginia E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Brian $495,000 Professional Land Title
Chastain Larry $287,500 General Land & Title Service
Shockey Grover Gene $287,000 General Land & Title Service
Luckey John -- --
Burge Viginia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chastain Larry $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $287,500 -4.1% $116 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $299,900 -5.2% $121 / Sq Ft
05/21/2018 05/21/18 Price Changed $316,500 -0.8% $127 / Sq Ft
04/03/2018 04/03/18 For Sale $319,000 -- $128 / 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 $924 $53,544 $6,000 $47,544
2023 $999 $53,544 $6,000 $47,544
2022 $1,049 $53,544 $6,000 $47,544
2021 $1,048 $37,558 $2,000 $35,558
2020 $1,048 $37,558 $2,000 $35,558
2019 $1,048 $37,558 $2,000 $35,558
2018 $1,073 $37,558 $2,000 $35,558
2017 $1,073 $37,558 $2,000 $35,558
2016 $1,095 $38,120 $2,000 $36,120
2015 $1,445 $38,120 $2,000 $36,120
2014 $1,445 $38,120 $2,000 $36,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18009952

Cooperative Arkansas REALTORS® MLS

APN: 002-07985-000