NOT LISTED FOR SALE

401 Lane St Morrilton, AR 72110

Estimated Value: $79,827 - $157,000

-- Bed
2 Baths
2,560 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $115,000 $45 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $799/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Vinyl Flooring
  • Central Heating and Cooling System

About This Home

As of June 2023

2-story duplex for sale! Each side is 3/2.5 and has 1280 sq.ft. on each side. *Ready for showings on Monday, April 3rd and Tuesday, April 4th.*

Last Agent to Sell the Property

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc. Listed on: 03/27/2023

Last Buyer's Agent

Derek Rose

Moore and Company Realtors - Conway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Electric Range

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • LVT Date: 03/27/2023
  • Price Per Sq Ft: 44.92
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Duplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R-2
  • Source Of Sq Ft: Plans & Specs
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2007

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Electric Range

Exterior Features

  • Exterior: Stucco
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.21
  • Estimated Lot Size: .21
  • Lot: Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Monthly, Semi-Annually

Multi Family

  • Tenant Expenses: All Utilities
  • Minimum Rent Two Bedroom: 600
  • Number Of Two Bedroom Units: 6
  • Number Units: 2

Tax Info

  • Annual Taxes: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2002
Bought by
Harris Velma Lee
Current Estimated Value
$127,707

Purchase Details

Closed on
May 11, 2001
Bought by
Geiger Stetson and Geiger Marilyn

Purchase Details

Closed on
Jan 31, 2001
Bought by
Dunlap David L

Purchase Details

Closed on
Nov 16, 2000
Bought by
Compton Properties

Purchase Details

Closed on
Jan 1, 1984
Bought by
Mccraw Arcie H
Source: Public Records

Range of Values:

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Average Value
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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
Harris Velma Lee $3,000 --
Geiger Stetson -- --
Dunlap David L -- --
Compton Properties -- --
Sanders Tina -- --
Mccraw Arcie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mb Sherwood Properties Llc $123,000
Closed Henderson Glenn $103,000
Closed Mccraw Arcie H $97,843
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $115,000 -14.8% $45 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $135,000 0.0% $53 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $135,000 -- $53 / 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 $1,231 $22,760 $1,260 $21,500
2023 $1,166 $22,760 $1,260 $21,500
2022 $1,069 $22,760 $1,260 $21,500
2021 $972 $17,960 $1,130 $16,830
2020 $972 $17,960 $1,130 $16,830
2019 $972 $17,960 $1,130 $16,830
2018 $972 $17,960 $1,130 $16,830
2017 $972 $17,960 $1,130 $16,830
2016 $1,027 $19,230 $1,130 $18,100
2015 $952 $19,230 $1,130 $18,100
2014 $913 $19,230 $1,130 $18,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23008874

Cooperative Arkansas REALTORS® MLS

APN: 006-00893-000