NOT LISTED FOR SALE

324 Riverside Dr Pangburn, AR 72121

Estimated Value: $292,000 - $343,000

3 Beds
2 Baths
2,442 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $280,000 $115 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,894/month

44 Days on Market

Highlights

  • Private Dock
  • Deck
  • Traditional Architecture
  • River View
  • Wood Burning Stove
  • Furnished

About This Home

As of July 2023

Turn key and fully operating AirBnB opportunity! This home is currently generating income at an 80+% Occupancy Rate. Relax, and unwind on your own time at the river, while having your vacation home pay for itself! Tons of upgrades in the last 12 months including new HVAC, water heater, and range along with all new linens cookware, and fence. The Little Red River boasts world class trout fishing, incredible kayaking, and other recreation. Be on the river with a private personal dock, and experience what the luxury river life is like everyday! Agents please see showing remarks for instructions, this is an ACTIVE AirBnB.

Last Agent to Sell the Property

Amanda Galbraith

Arkansas Property Management & Real Estate Listed on: 05/18/2023

Last Buyer's Agent

Amanda Galbraith

Arkansas Property Management & Real Estate Listed on: 05/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1978

Lot Details

  • 0.5 Acre Lot
  • River Front
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,442 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Private Dock
  • Docks
  • Deck
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Community Details

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Partially Fenced, Outside Storage Area, Guttering, Boat Dock, Seawall, Chain Link
  • LVT Date: 05/18/2023
  • River: Yes
  • River Name: Little Red River (Arkansas)
  • Road Surface: Gravel
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Stove, Blowers, Glass Doors
  • Bedrooms: Primary Bedroom Apart
  • Estimated Sq Ft: 2442
  • Bedrooms: 3
  • Floors: Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer-Stays, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Furnished, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: Tri-Level
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition
  • Waterfront: River, Dock, Dock Private

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 0.50
  • Lot: Level, River Front, Flood Insurance Required
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 18, 2023
Sold by
Lamb Terry
Bought by
Tn-Gpt-Beach House Llc
Seller's Agent
Amanda Galbraith
Arkansas Property Management & Real Estate
Buyer's Agent
Amanda Galbraith
Arkansas Property Management & Real Estate
List Price
$294,000
Sold Price
$280,000
Premium/Discount to List
-$14,000
-4.76%
Views
64
Current Estimated Value
$319,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,109
Avg. Annual Appreciation
5.26%

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jan 25, 2022
Sold by
Graywalt Properties Llc
Bought by
Galbraith Amanda Elaine and Galbraith Matthew David
Seller's Agent
Jackie McPherson
McKenzie Realty Group
Buyer's Agent
Amanda Galbraith
Arkansas Property Management & Real Estate
List Price
$324,900
Sold Price
$247,500
Premium/Discount to List
-$77,400
-23.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$222,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 30, 2020
Sold by
Mason Harlen D and Mason Kathie J
Bought by
Graywalt Properties Llc
Seller's Agent
Mark McKenzie
McKenzie Realty Group
Buyer's Agent
Jackie McPherson
McKenzie Realty Group
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%
Original Mortgage
$196,000
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 1992
Bought by
Mason Harlan D and Mason Kathie J

Purchase Details

Closed on
Oct 12, 1974
Bought by
Moore Moore D and Moore R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tn-Gpt-Beach House Llc -- Pulaski County Title
Galbraith Amanda Elaine $247,500 Waco Title
Graywalt Properties Llc $175,000 General Land & Title Svcs
Mason Harlan D $100,500 --
Moore Moore D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galbraith Amanda Elaine $222,750
Previous Owner Graywalt Properties Llc $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $280,000 -4.8% $115 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $294,000 +18.8% $120 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/25/2022 01/25/22 Sold $247,500 -8.3% $106 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Price Changed $269,900 -10.0% $115 / Sq Ft
08/11/2021 08/11/21 Price Changed $299,900 -7.7% $128 / Sq Ft
07/26/2021 07/26/21 For Sale $324,900 +85.7% $139 / Sq Ft
06/30/2020 06/30/20 Sold $175,000 -7.8% $75 / Sq Ft View Prior Sale
05/01/2020 05/01/20 For Sale $189,900 -- $81 / 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 $2,905 $77,026 $20,000 $57,026
2024 $2,641 $60,433 $15,000 $45,433
2023 $2,520 $60,433 $15,000 $45,433
2022 $1,565 $60,433 $15,000 $45,433
2021 $1,423 $34,116 $11,200 $22,916
2020 $1,048 $34,116 $11,200 $22,916
2019 $1,048 $34,116 $11,200 $22,916
2018 $1,073 $34,116 $11,200 $22,916
2017 $1,073 $34,116 $11,200 $22,916
2016 $1,140 $35,741 $12,000 $23,741
2015 $1,490 $35,741 $12,000 $23,741
2014 $1,490 $35,741 $12,000 $23,741
Source: Public Records

Agents Affiliated with this Home

  • Amanda Galbraith

    Seller's Agent in 2023

    Amanda Galbraith

    Arkansas Property Management & Real Estate

    (501) 804-9942

    113 Total Sales

    Amanda Galbraith
    Section Image
  • Jackie McPherson

    Seller's Agent in 2022

    Jackie McPherson

    McKenzie Realty Group

    (501) 691-9900

    80 Total Sales

    Jackie McPherson
    Section Image
  • Mark McKenzie

    Seller's Agent in 2020

    Mark McKenzie

    McKenzie Realty Group

    (501) 250-3231

    207 Total Sales

    Mark McKenzie
    Section Image
  • Frank Barton

    Seller Co-Listing Agent in 2020

    Frank Barton

    McKenzie Realty Group

    (501) 940-1900

    84 Total Sales

    Frank Barton
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23014901

Cooperative Arkansas REALTORS® MLS

APN: 002-07155-000

Arkansas Cleburne County Pangburn 72121

324 Riverside Dr, Pangburn, AR

Not Listed for Sale

Detached

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