NOT LISTED FOR SALE

3976 County Road 318 Bono, AR 72416

Estimated Value: $133,000 - $240,000

2 Beds
2 Baths
1,584 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $42,000 $27 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $1,061/month

10 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Porch
  • Two Living Areas
  • Fireplace
  • Laundry Room

About This Home

As of March 2021

Cute blue cottage on a hill, located in the country on a paved road with no known restrictions. Just about one mile from downtown Bono. Approximately 1584 square feet of living space per county records with 2 bedrooms, 2 baths and 2 additional rooms plus large kitchen and laundry room. Detached shop/garage Sold AS-IS only. Seller does not automatically pay typical closing costs for our area. Seller will pay commission, any back taxes, prorate current taxes, and pay for deed prep, up to $150. Any additional fees Buyer requests should be noted on the contract. Home to be sold AS-IS. Listing agent has had a termite company inspect. Seller has asked for Highest/Best offers to be in by 11 AM on Tuesday February 16th. A previous buyer inspection has revealed an old cistern well located underneath the home.

Last Agent to Sell the Property

Rick McKenzie

CRYE-LEIKE, REALTORS Jonesboro License #00055712 Listed on: 02/02/2021

CRYE-LEIKE, REALTORS Jonesboro

Last Buyer's Agent

Lynn Childers

ERA Doty Real Estate License #00062685

ERA Doty Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Two Living Areas
  • Dining Room
  • Den
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Westside Elementary And Middle School

Additional Features

  • Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story
  • Additional Remarks: Seller has asked for Highest/Best offers to be in by 11 AM on Tuesday February 16th. A previous buyer inspection has revealed an old cistern well located underneath the home.
  • Builder Owned: No
  • Legal Description: see Attachment A
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: Yes
  • Fireplace Features: One
  • Floors: Carpet, Hardwood, Laminate, Vinyl
  • Bedrooms: 2
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: No
  • Bedroom 3 Level: None
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Room: Yes
  • Dining Room: Yes
  • Kitchen: Yes
  • Sun Room: No
  • Workshop: No
  • Living Room: Yes
  • Second Living Room: Yes
  • Additional Room: No
  • Additional Rooms: Den/Study
  • Price Per Square Foot: 26.52
  • Square Footage: 1584.0

Exterior Features

  • Exterior: ASB Siding
  • Flood Zone: No
  • Roof: 3-Tab Shingles
  • Fencing Features: None
  • Exterior Amenities: Paved Streets, Porch

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling Features: Central
  • Heat Features: Central
  • Electric Features: Craighead Electric
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Westside
  • Middle School: Westside

Lot Info

  • Acres: 1.0000
  • Lot Measurement: A
  • Lot Size Sq Ft: 43560.0
  • Price Per Acre: 42000.00
  • Lot Description: Level, Sloping

MLS Schools

  • Elementary School: Westside
  • Jr High School: Westside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 22, 2021
Sold by
Regions Mtg and Regions Bank
Bought by
Xcellent Management Corporation
Seller's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
Buyer's Agent
Lynn Childers
ERA Doty Real Estate
List Price
$42,000
Sold Price
$42,000
Current Estimated Value
$177,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,885
Avg. Annual Appreciation
39.29%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Reid Robert and Reid Paula
Bought by
Trotter Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,170
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Oneill Joe Willett
Bought by
Reid Paula and Reid Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,437
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1994
Bought by
O'Neill
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 Buyer Sale Price Title Company
Xcellent Management Corporation $42,000 None Listed On Document
Trotter Brian $74,000 Title Services Of Arkansas L
Reid Paula $50,000 None Available
O'Neill $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trotter Brian $52,247
Previous Owner Trotter Brian $76,170
Previous Owner Reid Paula $53,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $42,000 0.0% $27 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $42,000 -- $27 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

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 $1,107 $20,680 $5,800 $14,880
2023 $954 $20,680 $5,800 $14,880
2022 $954 $20,680 $5,800 $14,880
2021 $821 $17,150 $4,500 $12,650
2020 $821 $17,150 $4,500 $12,650
2019 $904 $17,150 $4,500 $12,650
2018 $721 $17,150 $4,500 $12,650
2017 $622 $17,150 $4,500 $12,650
2016 $568 $12,360 $1,500 $10,860
2015 $568 $12,360 $1,500 $10,860
2014 $568 $12,360 $1,500 $10,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10091173

Northeast Arkansas Board of REALTORS®

APN: 12-153214-00200