$129,000
SOLD NOV 25, 2024

3753 Scotland Formosa Rd Scotland, AR 72141

2 Beds
1 Bath
816 Sq Ft
6.4 Acres

Recently Sold

$158 Per Sq Ft

11% Below List Price

93 Days on Market

Highlights

  • Wood Burning Stove
  • Eat-In Kitchen
  • 1-Story Property
  • Traditional Architecture
  • Tile Flooring
  • Central Heating

About This Home

As of November 2024

This cozy two-bedroom, one-bath home is nestled on approximately 6.44 acres, offering a peaceful and private country lifestyle. The property is ideal for nature lovers and homesteaders, with a designated garden spot for growing your own produce and a fenced pasture area perfect for animals. Meandering trails wind through the land, allowing for easy exploration and enjoyment of the serene surroundings. Fruit trees dot the landscape, providing fresh, seasonal harvests. Whether you’re looking to raise animals, cultivate a garden, or simply enjoy the tranquil setting, this property offers a perfect rural escape.

Last Listed By

Erica Wickliffe

Clinton Real Estate Listed on: 07/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $440

Year Built

  • Built in 2004

Lot Details

  • 6.4 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Space Heater
  • Window Unit Heating System
  • Co-Op Electric

Home Details

Home Type

Single Family

Est. Annual Taxes

$440

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 07/26/2024
  • Price Per Sq Ft: 158.09
  • Road Surface: Gravel, Paved
  • Type: Rural Residential
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Stove
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 816
  • Bedrooms: 2
  • Floors: Vinyl, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Four Car Or More

Utilities

  • Utilities: Water-Public, Electric-Co-Op
  • Heat Air: Window Units, Central Heat-Woodburning, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 6.4
  • Estimated Lot Size: 6.40
  • Lot: Sloped, Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Nov 25, 2024
Sold by
Williams Kristen D and Williams Christopher
Bought by
Hebert Peter and Hebert Christina
Seller's Agent
Erica Wickliffe
Clinton Real Estate
List Price
$145,000
Sold Price
$129,000
Premium/Discount to List
-$16,000
-11.03%
Total Days on Market
93
Views
43
Current Estimated Value
$125,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,101
Avg. Annual Appreciation
-4.57%
Original Mortgage
$125,130
Outstanding Balance
$124,669
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$1,230

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 26, 2023
Sold by
Linn Dorothy
Bought by
Williams Kristen D
Seller's Agent
Erica Wickliffe
Clinton Real Estate
Buyer's Agent
Kim Carmichael
ERA TEAM Real Estate
List Price
$112,000
Sold Price
$109,000
Premium/Discount to List
-$3,000
-2.68%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$87,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2021
Closed on
Sep 17, 2021
Sold by
Globe Electric Inc
Bought by
Riffenburg Dorothy
Seller's Agent
Seth Weaver
McKimmey Associates REALTORS NLR
Buyer's Agent
Erica Wickliffe
Clinton Real Estate
List Price
$98,500
Sold Price
$90,000
Premium/Discount to List
-$8,500
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$90,909
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
Guarnera James and Guarnera Emelyn
Bought by
Pratt Kenneth S and Pratt Deborah F

Purchase Details

Closed on
Apr 4, 2001
Bought by
22 and 93Ac
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $129,000 Professional Land Title
Warranty Deed $129,000 Professional Land Title
Warranty Deed $109,000 Professional Land Title
Warranty Deed $90,000 Capital Title & Escrow
Warranty Deed $85,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,130 New Conventional
Closed $125,130 New Conventional
Previous Owner $87,200 New Conventional
Previous Owner $90,909 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $129,000 -4.4% $158 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $135,000 -3.6% $165 / Sq Ft
09/03/2024 09/03/24 Price Changed $140,000 -3.4% $172 / Sq Ft
07/26/2024 07/26/24 For Sale $145,000 +33.0% $178 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/26/2023 05/26/23 Sold $109,000 -2.7% $134 / Sq Ft
04/25/2023 04/25/23 For Sale $112,000 +24.4% $137 / Sq Ft
09/17/2021 09/17/21 Sold $90,000 -4.3% $110 / Sq Ft
04/23/2021 04/23/21 Price Changed $94,000 -4.6% $115 / Sq Ft
03/25/2021 03/25/21 For Sale $98,500 -- $121 / 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 $440 $9,970 $510 $9,460
2023 $41 $9,970 $510 $9,460
2022 $91 $9,970 $510 $9,460
2021 $91 $9,970 $510 $9,460
2020 $43 $9,970 $510 $9,460
2019 $44 $9,180 $540 $8,640
2018 $69 $9,180 $540 $8,640
2017 $389 $9,180 $540 $8,640
2015 -- $8,920 $560 $8,360
2014 -- $8,920 $560 $8,360
2013 -- $7,980 $560 $7,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24026760

Cooperative Arkansas REALTORS® MLS

APN: 0000-09288-0100