$60,000
SOLD DEC 14, 2022

42 Hiland Place Benton, AR 72015

3 Beds
1.5 Baths
1,872 Sq Ft
0.25 Acres

Recently Sold

$32 Per Sq Ft

29% Below List Price

43 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property
  • Benton Middle School Rated A-
  • Great Room
  • Combination Dining and Living Room

About This Home

As of May 2024

INVESTOR OPPORTUNITY!!!! This property was a duplex converted into a SFR. Converting back to a duplex should be easy!! Great opportunity for a value add property with cash flow potential.

Last Agent to Sell the Property

Amber Wood

Mid South Realty Listed on: 11/01/2022

Last Buyer's Agent

Christopher Cribbs

IRealty Arkansas - Cabot

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $860

Year Built

  • Built in 1959

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$860

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 11/01/2022
  • Price Per Sq Ft: 32.05
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1959
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1959

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1872
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove, Electric Range
  • Other Rooms: Great Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Frame
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural

Lot Info

  • Estimated Lot Size: 0.25
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 860.38
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
May 30, 2024
Sold by
Okonkwo Basil and Okonkwo Kimberly
Bought by
Martinez Bernice and Benitez Miguel
Seller's Agent
Basil Okonkwo
Nisie's Realty
Buyer's Agent
Loranzo Keys
SSD Realty Group
List Price
$169,900
Sold Price
$169,900
Views
252
Current Estimated Value
$178,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,715
Avg. Annual Appreciation
1.06%
Original Mortgage
$164,803
Outstanding Balance
$163,443
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$8,538

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 13, 2022
Sold by
Sfr3-020 Llc
Bought by
Okonkwo Basil
Seller's Agent
Amber Wood
Mid South Realty
Buyer's Agent
Christopher Cribbs
IRealty Arkansas - Cabot
List Price
$85,000
Sold Price
$60,000
Premium/Discount to List
-$25,000
-29.41%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.02%

Purchase Details

Closed on
Sep 10, 2019
Sold by
Outler Nicole and Outler Taun Kyle
Bought by
Flores Lugardo and Valenciano Gloria

Purchase Details

Closed on
Aug 8, 1997
Sold by
Rabb Jerri A
Bought by
Rabb Jerri A and Outler Nicole

Purchase Details

Closed on
Jul 23, 1997
Bought by
Rabb J

Purchase Details

Closed on
Feb 5, 1997
Bought by
Rabb
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 Type Sale Price Title Company
Warranty Deed $169,900 Waco Title
Warranty Deed $60,000 American Abstract & Title
Warranty Deed $94,000 None Available
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Warranty Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,803 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $169,900 0.0% $91 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $169,900 +183.2% $91 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/14/2022 12/14/22 Sold $60,000 +9.1% $32 / Sq Ft
11/29/2022 11/29/22 Price Changed $55,000 -21.4% $29 / Sq Ft
11/20/2022 11/20/22 Price Changed $70,000 -17.6% $37 / Sq Ft
11/01/2022 11/01/22 For Sale $85,000 -- $45 / 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 $1,144 $20,172 $2,800 $17,372
2023 $1,118 $20,172 $2,800 $17,372
2022 $1,118 $20,172 $2,800 $17,372
2021 $860 $15,520 $2,000 $13,520
2020 $842 $15,520 $2,000 $13,520
2019 $842 $15,520 $2,000 $13,520
2018 $776 $15,520 $2,000 $13,520
2017 $711 $15,520 $2,000 $13,520
2016 $663 $11,690 $1,400 $10,290
2015 $656 $11,690 $1,400 $10,290
2014 $656 $11,690 $1,400 $10,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22036337

Cooperative Arkansas REALTORS® MLS

APN: 800-31663-000