NOT LISTED FOR SALE

397 Rice Ln Royal, AR 71968

Estimated Value: $549,000 - $651,000

5 Beds
2.5 Baths
3,645 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2021

Last sale price $490,000 $134 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,673 / mo

50 Days on Market

Highlights

  • Above Ground Pool
  • Sitting Area In Primary Bedroom
  • Wooded Lot
  • Lake Hamilton Elementary School Rated 9+
  • Contemporary Architecture
  • Great Room

About This Home

As of November 2021

Don't miss this sprawling five bedroom country home on over 12 acres with an open floor plan and plenty of indoor and outdoor living space. This house is made for comfortable living and everything is on one level. Features include: plenty of storage, pantry, built ins, double sided wood burning fireplace, extra large master suite, above ground swimming pool, covered patio and porches, three car attached garage and an extra 30 x 60 detached shop/garage.

Last Agent to Sell the Property

Lacey Monroe

CBRPM Hot Springs Listed on: 08/18/2021

Co-Listed By

Steve Carpenter

CBRPM Hot Springs

Last Buyer's Agent

Lacey Monroe

CBRPM Hot Springs Listed on: 08/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 2007

Lot Details

  • 10.11 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Wooded Lot

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3,645 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Window Treatments
  • Great Room
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Stove
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Above Ground Pool
  • Patio
  • Outdoor Storage
  • Porch

Schools

  • Lake Hamilton Elementary And Middle School
  • Lake Hamilton High School

Farming

  • Livestock Allowed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,872

Year Built

Built in 2007

Lot Details

10.11 Acres

Listing Details

  • Class: Residential
  • Style: Traditional, Contemporary
  • Ext Features: Patio, Porch, Partially Fenced, Outside Storage Area, Above Ground Pool, Chain Link
  • LVT Date: 08/18/2021
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built, Blowers
  • Bedrooms: 5 Bedrooms Same Level, 4 Bedrooms Same Level, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, Primary Bed. Sitting Area, 3 Bedrooms Same Level, 2 Bedrooms Same Level
  • Estimated Sq Ft: 3645
  • Bedrooms: 5
  • Floors: Concrete, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Dry Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Gas Range, Dishwasher, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling

Exterior Features

  • Exterior: Stucco
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage

Utilities

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

Schools

  • Junior High: Lake Hamilton

Lot Info

  • Estimated Lot Size: 10.11
  • Estimated Lot Size: 12.31
  • Farmranch: Livestock Allowed
  • Lot: Sloped, Level, Rural Property, Wooded, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2872

MLS Schools

  • Elementary School: Lake Hamilton
  • HighSchool: Lake Hamilton
  • Middle School: Lake Hamilton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 9, 2021
Sold by
Bought by
Seller's Agent
Lacey Monroe
CBRPM Hot Springs
Buyer's Agent
Lacey Monroe
CBRPM Hot Springs
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%
Current Estimated Value
$609,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,351
Avg. Annual Appreciation
4.77%
Original Mortgage
$390,000
Interest Rate
0.0301%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 15, 2018
Sold by
Bought by
Seller's Agent
Zach Hammons
Meyers Realty
Buyer's Agent
Steve Carpenter
Coldwell Banker RPM Group-Hot
Sold Price
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$372,000
Interest Rate
0.044%

Purchase Details

Closed on
May 23, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,405
Interest Rate
0.0338%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1992
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Advantage Title & Escrow
-- None Available
$372,000 Garland County Title
$270,000 Stewart Title Of Arkansas
-- None Available
-- None Available
$48,000 --
$19,999 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $390,000
Closed $390,000
Previous Owner $368,470
Previous Owner $372,000
Previous Owner $25,000
Previous Owner $256,405
Previous Owner $388,500
Previous Owner $327,000
Previous Owner $65,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $490,000 -8.4% $134 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $535,000 0.0% $147 / Sq Ft
10/05/2021 10/05/21 Price Changed $535,000 +9.2% $147 / Sq Ft
09/29/2021 09/29/21 Off Market $490,000 -- --
08/18/2021 08/18/21 For Sale $545,000 +46.5% $150 / Sq Ft
05/15/2018 05/15/18 Sold $372,000 -- $102 / Sq Ft View Prior Sale
04/08/2018 04/08/18 Pending -- -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,589 $103,350 $5,280 $98,070
2024 $4,527 $103,350 $5,280 $98,070
2023 $4,527 $103,350 $5,280 $98,070
2022 $4,599 $103,350 $5,280 $98,070
2021 $3,320 $73,470 $3,340 $70,130
2020 $2,945 $73,470 $3,340 $70,130
2019 $2,872 $73,470 $3,340 $70,130
2018 $2,900 $73,470 $3,340 $70,130
2017 $2,897 $73,470 $3,340 $70,130
2016 $3,372 $76,230 $3,890 $72,340
2015 $3,369 $76,230 $3,890 $72,340
2014 $3,369 $76,230 $3,890 $72,340
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lacey Monroe

    CBRPM Hot Springs

    (501) 282-9967

    41 Total Sales

    Lacey Monroe
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Steve Carpenter

    CBRPM Hot Springs

    Section Image

  • Z

    Seller's Agent in 2018

    Zach Hammons

    Meyers Realty

    (501) 762-7697

    38 Total Sales

    Zach Hammons
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21026781

Cooperative Arkansas REALTORS® MLS

APN: 100-18589-000

Arkansas Garland County Royal 71968

397 Rice Ln, Royal, AR

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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