NOT LISTED FOR SALE

3187 Timberlake Dr Royal, AR 71968

Estimated Value: $386,000 - $583,000

4 Beds
2 Baths
2,870 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $909,000 $317 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $2,880/month

6 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Vaulted Ceiling
  • Lake Hamilton Elementary School Rated 9+
  • River View
  • Ranch Style House

About This Home

As of February 2024

Sanctuary on the River! Welcome to the Lodge! These sprawling 8+ acres, which are nestled right on Kelly Creek, are the perfect mix country living with a touch of modern amenities. The property features a 3/1 cabin, as well as a barn used as a game room/bar area. This is the perfect family getaway that features a private sauna, inground pool, a huge covered patio with outdoor fireplace, an outdoor gaming building for events, and a kitchen large enough for all the in-laws! Have your guest kayaking on the river, holding events in the barn which has a full bar and pool/poker table, or just making memories for a lifetime, and all while adding a second income to your pocketbook! The 2022 financials for this STR show a gross income of $165k (limited bookings in 2023 by new owner)! There is the added potential to split off some acreage in front of the cabin and barn and sell lots, or build some spec houses! Home comes fully furnished to start your business the day after closing. The owner will transfer any scheduled bookings upon closing. Don't miss this great opportunity for a large Airbnb on the water! Call us today to schedule your tour!

Last Agent to Sell the Property

Danielle Blair

Crossroads Realty Group Listed on: 01/02/2024

Last Buyer's Agent

Falicia Samuels

Crye*Leike Pro Elite Realty

Crye*Leike Pro Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1972

Lot Details

  • 8.9 Acre Lot
  • River Front
  • Rural Setting
  • Landscaped
  • Level Lot
  • Subdivision Possible

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • Built-in Bookshelves
  • Paneling
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • River Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Car Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Farming

  • Livestock

Utilities

  • Central Heating and Cooling System
  • Butane Gas
  • Electric Water Heater

Community Details

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,051

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Patio, Inground Pool, Guttering, Covered Patio
  • LVT Date: 01/02/2024
  • Price Per Sq Ft: 316.72
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Will Subdivide: Yes
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 2870
  • Bedrooms: 4
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Laundry, Media Room/Theater
  • Stories: One Story
  • Walls Ceilings: Paneling, Skylight - Ceiling, Sheet Rock, Vault Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition
  • Waterfront: River

Garage/Parking

  • Parking: Carport, Four Car Or More

Utilities

  • Utilities: Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Sauna

Lot Info

  • Estimated Lot Size: 8.9
  • Estimated Lot Size: 8.9
  • Farmranch: Livestock Allowed
  • Lot: Level, Rural Property, River Front, River View, Extra Landscaping, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 3051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2021
Sold by
Abbott Billy Harrold and Abbott Ella Faye
Bought by
Roadside Properties Llc
Current Estimated Value
$482,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,155
Interest Rate
2.71%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 7, 2019
Sold by
Abbott Billy Harrold and Abbott Ella Faye
Bought by
Abbott Billy Harrold and Abbott Ella Faye

Purchase Details

Closed on
Aug 4, 2005
Sold by
Hunt David M
Bought by
Abbott Billy H and Abbott Ella Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.55%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Not Provided
Bought by
Hunt David M

Purchase Details

Closed on
Apr 18, 1995
Sold by
Not Provided
Bought by
Elizondo Erie L

Purchase Details

Closed on
Jan 1, 1901
Bought by
Sindelar Donald C and Rt 2 Box 915
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
Roadside Properties Llc $425,000 Professional Land Title Co
Abbott Billy Harrold -- None Available
Abbott Billy H -- Garland County Title Company
Hunt David M $225,000 --
Elizondo Erie L $195,000 --
Sindelar Donald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Matthew S $766,550
Closed Bright Seth $760,000
Closed Sindelar Donald C $587,155
Closed Roadside Properties Llc $587,155
Previous Owner Abbott Billy H $228,700
Previous Owner Abbott Billy H $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $909,000 +1.1% $317 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $899,000 -- $313 / 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 $3,051 $69,650 $5,230 $64,420
2023 $3,051 $69,650 $5,230 $64,420
2022 $3,352 $69,650 $5,230 $64,420
2021 $2,038 $45,650 $3,280 $42,370
2020 $1,423 $45,650 $3,280 $42,370
2019 $1,361 $45,650 $3,280 $42,370
2018 $1,361 $45,650 $3,280 $42,370
2017 $1,386 $45,650 $3,280 $42,370
2016 $1,389 $42,180 $3,810 $38,370
2015 $1,387 $42,180 $3,810 $38,370
2014 $1,387 $39,306 $2,990 $36,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24000194

Cooperative Arkansas REALTORS® MLS

APN: 100-19395-000