NOT LISTED FOR SALE

402 Laurel St Newport, AR 72112

Estimated Value: $42,000 - $141,000

3 Beds
2 Baths
2,016 Sq Ft
$48/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $35,000 $17 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $628/month

52 Days on Market

Highlights

  • Shades
  • Ceiling Fan
  • Carpet
  • Porch
  • Satellite Dish
  • 1-Story Property

About This Home

As of August 2023

Ranch style home on nice sized corner lot. Home features double garage, living room, dining room, kitchen, breakfast nook, three bedrooms, two baths, enclosed back porch, and fenced in back yard. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions Lender Pre-Approval letter for financed offers dated within last 30 days). Seller is Secretary of Veterans Affairs. This property may qualify for Seller Financing (Vendee). Property sold As Is. If property was built prior to 1978, Lead Based Paint Potentially Exists. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on ''Start Offer''.

Last Agent to Sell the Property

Patty Callahan

THE REAL ESTATE SPECIALISTS Listed on: 05/23/2023

Last Buyer's Agent

NON-MEMBER

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1956

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced
  • Property is in average condition

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Shades
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Air Source Heat Pump
  • Electric Water Heater
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Type: Single Family Home
  • Style: Ranch
  • Condition: Fair
  • Items Excluded: ''Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment'' See Associated Documents in MLS.
  • Stories: 1.0
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Basement: None
  • Appliances Dishwasher: No
  • Appliances Range: No
  • Total Heated Sq Ft: 2016.00
  • Total Rooms: 7

Exterior Features

  • Construction Exterior: Stone
  • Construction Foundation: Slab
  • Construction Roof: Metal
  • Fenced: Backyard
  • Pool: None

Garage/Parking

  • Garage Type: Double Garage

Utilities

  • Appliances Disposal: No
  • Estimated Heated Sq Ft: 2016
  • Utilities Sewer Septic System: Sewer
  • Utilities Size Tp Water Heater: Electric
  • Type of Cooling: Heat Pump
  • Type of Heating: Heat Pump
  • Water System: Newport

Association/Amenities

  • Cable TV: Satellite
  • Ceiling Fans: Yes
  • Drapes: Shades
  • Driveway: Concrete
  • Fireplace: No
  • Floor Covering: carpet/tile/wood/concrete
  • Amenities Number of Closets: 4.00
  • Patio Deck: Porch
  • Wall Covering: Sheetrock/Wood
  • Window: SP

Schools

  • School District: Newport
  • School System: Newport

Lot Info

  • Lot Acres: 0.33
  • Lot Size: .33

Tax Info

  • Taxes: 717.00
  • Tax Status: Before Homestead
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 8, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Jsh Property Llc
Seller's Agent
Patty Callahan
THE REAL ESTATE SPECIALISTS
Buyer's Agent
NON-MEMBER
Non-Member
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Views
161
Current Estimated Value
$99,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,228
Avg. Annual Appreciation
65.59%
Original Mortgage
$29,186
Outstanding Balance
$28,676
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$66,336

Purchase Details

Closed on
Apr 11, 2023
Sold by
Quicken Loans Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Mar 22, 2023
Sold by
Timothy D Padgett Pa
Bought by
Quicken Loans Inc

Purchase Details

Closed on
Aug 24, 2022
Sold by
Kimberly Dixon-Bey
Bought by
Person Wiline

Purchase Details

Closed on
Dec 30, 2005
Bought by
Person Derrick L

Purchase Details

Closed on
Apr 9, 2001
Bought by
Craft Curtis

Purchase Details

Closed on
Jan 1, 1989
Bought by
Riherd To May
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
Jsh Property Llc $35,000 None Listed On Document
Secretary Of Veterans Affairs $55,464 None Listed On Document
Quicken Loans Inc $55,464 --
Person Wiline -- None Listed On Document
Person Derrick L $60,000 --
Craft Curtis $48,000 --
Riherd To May $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jsh Property Llc $29,186
Previous Owner Person Derrick L $67,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $35,000 -22.2% $17 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $45,000 +28.6% $22 / Sq Ft
05/25/2023 05/25/23 Off Market $35,000 -- --
05/23/2023 05/23/23 For Sale $45,000 -- $22 / Sq Ft
Source: Batesville 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 $1,002 $19,260 $600 $18,660
2023 $717 $13,780 $1,200 $12,580
2022 $509 $13,780 $1,200 $12,580
2021 $86 $13,780 $1,200 $12,580
2020 $66 $13,780 $1,200 $12,580
2019 $47 $13,780 $1,200 $12,580
2018 $39 $13,800 $1,200 $12,600
2017 $23 $13,800 $1,200 $12,600
2015 -- $6,710 $440 $6,270
2014 -- $6,405 $420 $5,985
2013 -- $6,100 $400 $5,700
2012 -- $6,100 $400 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Batesville Board of REALTORS®

MLS Number: 23-263

Batesville Board of REALTORS®

APN: 013-03380-000