$90,000
SOLD SEP 17, 2021

3753 Scotland Formosa Rd Scotland, AR 72141

2 Beds
1 Bath
816 Sq Ft
6.4 Acres

Recently Sold

$110 Per Sq Ft

9% Below List Price

176 Days on Market

Highlights

  • Wood Burning Stove
  • Traditional Architecture
  • Eat-In Kitchen
  • Wooded Lot
  • Porch
  • Tile Flooring

About This Home

As of November 2024

Beautiful Property in rural Arkansas ready to homestead! Built in 2004, freshly painted inside and out with new light fixtures. The house sits on 6.4 acres and is fully fenced with a half acre pen at the front of the property previously used for a horse as well as a large side pen previously used for gardening. Proven hunting grounds as recent as this 2020 season.

Last Agent to Sell the Property

Seth Weaver

McKimmey Associates REALTORS NLR Listed on: 03/25/2021

McKimmey Associates REALTORS NLR

Last Buyer's Agent

Erica Wickliffe

Clinton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $440

Year Built

  • Built in 2004

Lot Details

  • 6.4 Acre Lot
  • Rural Setting
  • Fenced
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$440

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Fully Fenced
  • LVT Date: 03/25/2021
  • Price Per Sq Ft: 110.29
  • Road Surface: Gravel
  • 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: Laminate, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Electric Range, Dishwasher
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame, Block
  • Roof: Composition

Garage/Parking

  • Parking: Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Window Units, Central Heat-Woodburning, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 6.4
  • Estimated Lot Size: 278,784
  • Lot: Sloped, Rural Property, Wooded, Cleared
  • 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%
Views
43
Current Estimated Value
$128,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$862
Avg. Annual Appreciation
-3.46%
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

  • E

    Seller's Agent in 2024

    Erica Wickliffe

    Clinton Real Estate

  • K

    Buyer's Agent in 2023

    Kim Carmichael

    ERA TEAM Real Estate

  • S

    Seller's Agent in 2021

    Seth Weaver

    McKimmey Associates REALTORS NLR

See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21008431

Cooperative Arkansas REALTORS® MLS

APN: 0000-09288-0100

Arkansas Van Buren County Scotland 72141

3753 Scotland Formosa Rd, Scotland, AR

This home is located at 3753 Scotland Formosa Rd, Scotland, AR 72141 and is currently priced at $90,000, approximately $110 per square foot. This property was built in 2004. 3753 Scotland Formosa Rd is a home located in Van Buren County with nearby schools including Clinton Elementary School, Clinton Junior High School, and Clinton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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