$101,000
SOLD FEB 14, 2025

405 S Spring St Searcy, AR 72143

2 Beds
1 Bath
1,252 Sq Ft
0.38 Acres

Recently Sold

$81 Per Sq Ft

8% Below List Price

112 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Paneling
  • Southwest Middle School Rated A-
  • Porch
  • Laundry Room

About This Home

As of February 2025

Quaint home in the HEART of Searcy with laminate wood floors, central heat and air, two bedrooms, large dining room, spacious living, lovely front porch and a back laundry room. This home would make a great investment property for a rental or airbnb. Located just steps from Spring Park, retail and restaurants, this home is located on a large lot and has loads of potential. Zoned residential or commercial. Check this out today!

Last Agent to Sell the Property

Tish Pace

RE/MAX Advantage Listed on: 09/27/2024

RE/MAX Advantage

Last Buyer's Agent

Brayden Knox

Knox Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $365

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Home Design

  • Bungalow
  • Plaster Walls
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Doors
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$365

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Porch, Outside Storage Area
  • Inside City Limits: Yes
  • LVT Date: 09/27/2024
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1955
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1252
  • Bedrooms: 2
  • Floors: Wood, Vinyl, Tile, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer-Stays, Dryer-Stays, Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Electric Range, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Paneling, Plaster

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.38
  • Estimated Lot Size: .38
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors

Tax Info

  • Annual Taxes: 365.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Walters Daren and Walters Polly
Bought by
Fowler Zane Michael
Current Estimated Value
$106,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$29,641
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$77,033

Purchase Details

Closed on
Sep 10, 2010
Sold by
Gentry Jack and Estate Of Charles Douglas Aben
Bought by
Walters Daren and Walters Polly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 1993
Bought by
Abernathy Lovie
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $52,500 Dalco Closing & Title
Warranty Deed $52,500 Dalco Closing & Title
Warranty Deed $52,500 Dalco Closing & Title
Fiduciary Deed $30,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,000 New Conventional
Closed $42,000 New Conventional
Previous Owner $30,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $101,000 -4.6% $81 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
11/13/2024 11/13/24 Price Changed $105,900 -3.7% $85 / Sq Ft
09/27/2024 09/27/24 For Sale $110,000 -- $88 / 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
2025 $365 $9,000 $1,540 $7,460
2024 $365 $9,000 $1,540 $7,460
2023 $365 $9,000 $1,540 $7,460
2022 $365 $9,000 $1,540 $7,460
2021 $365 $9,000 $1,540 $7,460
2020 $302 $7,440 $1,790 $5,650
2019 $302 $7,440 $1,790 $5,650
2018 $302 $7,440 $1,790 $5,650
2017 $302 $7,440 $1,790 $5,650
2016 $302 $7,440 $1,790 $5,650
2015 $351 $8,640 $1,500 $7,140
2014 -- $8,640 $1,500 $7,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24035679

Cooperative Arkansas REALTORS® MLS

APN: 016-03554-000