NOT LISTED FOR SALE

40 Medra Ln Quitman, AR 72131

Estimated Value: $54,650

10.6 Acres
$5,156 Price per Acre
461,736 Sq Ft Lot

Last Sold September 26, 2024

Last sale price $111,500

Current estimated payment $290/month

168 Days on Market

Highlights

  • Lake View
  • Community Lake
  • Hunting
  • Lakefront Common Area
  • Wooded Lot

About This Lot

As of September 2024

HUGE PRICE REDUCTION ON THIS 10 ACRE PROPERTY!! Lakeview acreage on Diamond Bluff across the street from the lake. This property has been partially cleared for building site. With additional clearing below, it would really open up the views. Gravel driveway already established. Water, electric and partial sewer on site. Private road with gated access. Metal RV cover can stay. Plenty of wildlife on this beautiful acreage. This is a must see property!! MINERAL RIGHTS DO NOT CONVEY!!

Last Agent to Sell the Property

JoAnne Wyatt

Crye*Leike Brock Real Estate Listed on: 03/13/2024

Crye*Leike Brock Real Estate

Last Buyer's Agent

Brandy Goff

McKenzie Realty Group

Property Details

Property Type

  • Land

Lot Details

  • 10.6 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Lot Sloped Up
  • Cleared Lot
  • Wooded Lot
  • Subdivision Possible

Property Views

  • Lake Views

Utilities

  • Co-Op Electric
  • Perc Approved Septic

Community Details

Overview

  • Community Lake

Recreation

  • Hunting
  • Lakefront Common Area

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Restrictions: Legally Subdivided, Min Rights Do Not Convey, Mobiles Allowed
  • Class: Vacant Land
  • Lake: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 03/13/2024
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Acreage
  • Will Subdivide: Yes
  • Estimated Road Frontage: 50
  • Sold Price Per Acre: 10518.87
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op

Lot Info

  • Estimated Lot Size: 10.6
  • Estimated Lot Size: 10.6 acres
  • Lot: Sloped, Rural Property, Wooded, Cleared, Not In Subdivision, Will Subdivide, Lake View, Upslope, Common To Lake, Hunting/Recreation
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Sep 26, 2024
Sold by
Sims Rebecca and Sims Troy L
Bought by
Grodesky Anthony and Grodesky Holly
Seller's Agent
JoAnne Wyatt
Crye*Leike Brock Real Estate
Buyer's Agent
Brandy Goff
McKenzie Realty Group
List Price
$129,500
Sold Price
$111,500
Premium/Discount to List
-$18,000
-13.9%
Views
59
Current Estimated Value
$54,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,850
Avg. Annual Appreciation
-40.64%
Original Mortgage
$94,775
Outstanding Balance
$93,530
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$37,814

Purchase Details

Closed on
Aug 16, 2005
Sold by
Brice Rebecca Kae and Brice Steven P
Bought by
Sims Troy L and Sims Rebecca

Purchase Details

Closed on
Feb 1, 1985
Bought by
Brice Rebecca Kae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Grodesky Anthony $111,500 Professional Land Title
Sims Troy L $20,000 --
Brice Rebecca Kae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grodesky Anthony $94,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $111,500 -13.9% --
08/28/2024 08/28/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $129,500 0.0% --
08/01/2024 08/01/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $129,500 -13.1% --
03/13/2024 03/13/24 For Sale $149,000 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $5 $123 $123 $0
2024 $5 $117 $117 $0
2023 $5 $117 $117 $0
2022 $66 $117 $117 $0
2021 $66 $128 $128 $0
2020 $66 $128 $128 $0
2019 $6 $128 $128 $0
2018 $6 $128 $128 $0
2017 $6 $128 $128 $0
2016 $6 $139 $139 $0
2015 $5 $139 $139 $0
2014 -- $139 $139 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24008566

Cooperative Arkansas REALTORS® MLS

APN: 001-07693-000