NOT LISTED FOR SALE

4622 Summit Ridge Dr Jonesboro, AR 72404

Estimated Value: $82,422 - $300,000

1 Bed
1 Bath
500 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $77,000 $154 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $808/month

Highlights

  • Living Room
  • Landscaped with Trees
  • Heating Available
  • Valley View Elementary School Rated A
  • 1-Story Property

About This Home

As of April 2022

A one of a kind cute studio located in the Griffin Park area of the Valley View school district. This product is going to be difficult to find elsewhere in terms of location and neighborhood value. The lot has a very quaint studio with plenty of space for a college grad or couple who are looking to be in a great neighborhood but can't afford the square footage yet. The lot size allows for an eventual new build, customizable to either the homeowner or investor. The property was previously leased with utilities for $850/Mo.

Last Agent to Sell the Property

Rossie Goolsby

Halsey Real Estate License #00082924 Listed on: 12/28/2021

Co-Listed By

Reese Thrasher

Halsey Real Estate License #00070851

Last Buyer's Agent

HEATHER EATON

Legacy Realty Group License #00090152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Lot Details

  • 0.38 Acre Lot
  • Chain Link Fence
  • Landscaped with Trees

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Schools

  • Valley View Elementary And Middle School
  • Valley View High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-133021-15700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story
  • Builder Owned: No
  • Legal Description: OAK PARK SUB DIV 135X228.9
  • Year Built Exception: 5
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Smoke Alarm(s)
  • Windows Treatments: Blinds
  • Appliances: Dryer Electric, Oven/Range Electric, Refrigerator, Washer, Water Heater Electric 1
  • Floors: Laminate
  • Bedrooms: 1
  • Master Bedroom: Yes
  • Master Bedroom Level: None
  • Bedroom 2: No
  • Bedroom 2 Level: None
  • Bedroom 3: No
  • Bedroom 3 Level: None
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Yes
  • Living Room: Yes
  • Price Per Square Foot: 154.00
  • Square Footage: 500.0

Exterior Features

  • Flood Zone: No
  • Fencing Features: Chain Link
  • Exterior Amenities: Other/See Remarks

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling Features: Wall/Window Unit
  • Heat Features: Electric
  • Electric Features: CW&L
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Lot Info

  • Acres: 0.3800
  • Lot Measurement: A
  • Lot Size Sq Ft: 16553.0
  • Price Per Acre: 202631.58
  • Lot Description: Shade Trees, Survey

Tax Info

  • Year: 2021
  • Taxes: 1662.00
  • Assessor Parcel Number: 01-133021-15700

MLS Schools

  • Elementary School: Valley View
  • HighSchool: Valley View
  • Jr High School: Valley View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 22, 2022
Sold by
Thrasher Tim and Thrasher Duronda
Bought by
Wallace Jessi
Seller's Agent
Rossie Goolsby
Halsey Real Estate
Buyer's Agent
HEATHER EATON
Legacy Realty Group
List Price
$94,500
Sold Price
$77,000
Premium/Discount to List
-$17,500
-18.52%
Current Estimated Value
$145,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,106
Avg. Annual Appreciation
19.72%
Original Mortgage
$75,605
Outstanding Balance
$71,143
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$73,963
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
Wallace Jessi $77,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Jessi $75,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $77,000 -9.3% $154 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $84,900 -5.0% $170 / Sq Ft
01/28/2022 01/28/22 Price Changed $89,350 -5.4% $179 / Sq Ft
12/28/2021 12/28/21 For Sale $94,500 -- $189 / Sq Ft
Source: Northeast Arkansas 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
2025 $569 $11,025 $4,400 $6,625
2024 $569 $11,025 $4,400 $6,625
2023 $133 $11,025 $4,400 $6,625
2022 $223 $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Rossie Goolsby

    Seller's Agent in 2022

    Rossie Goolsby

    Halsey Real Estate

    (870) 623-8156

    25 in this area

    26 Total Sales

    Rossie Goolsby
    Section Image
  • Reese Thrasher

    Seller Co-Listing Agent in 2022

    Reese Thrasher

    Halsey Real Estate

    (870) 273-4121

    64 in this area

    70 Total Sales

    Reese Thrasher
    Section Image
  • HEATHER EATON

    Buyer's Agent in 2022

    HEATHER EATON

    Legacy Realty Group

    (870) 219-6438

    5 in this area

    7 Total Sales

    HEATHER EATON
    Section Image
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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10096988

Northeast Arkansas Board of REALTORS®

APN: 01-133021-15710

Arkansas Craighead County Jonesboro 72404

4622 Summit Ridge Dr, Jonesboro, AR

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