NOT LISTED FOR SALE

49 Pearson Rd N Quitman, AR 72131

Estimated Value: $143,736

5.7 Acres
$25,217 Price per Acre
248,292 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $126,000

Est. 14% increase in value since last sale

Current estimated payment $751/month

6 Days on Market

Highlights

  • Resort Property
  • Creek or Stream View
  • Wooded Lot
  • River Nearby
  • Creek On Lot

About This Lot

As of August 2022

So many Possibilities!!! Unrestricted, rare 5.7 acres w/almost 1000 feet of Cadron Creek frontage. 18x36 concrete slab w/RV cover. 24x30 Metal Shop building w/separate bunk room w/ built in beds & full bath, Washer and Dryer & mini split HVAC system. Refrigerator in shop. All plumbing replaced with Pex so no busted pipes. Possibility to add more RV’s has 3 - 30 amp plugs. Wood privacy fence & gate. Underbrush, trees removed & stumps ground to enjoy land & have easy path to creek to fish, swim,& chill.

Last Agent to Sell the Property

Chelsie Brooks

The Real Estate Center LLC Listed on: 08/10/2022

Last Buyer's Agent

Chelsie Brooks

The Real Estate Center LLC Listed on: 08/10/2022

Property Details

Property Type

  • Land

Lot Details

  • 5.7 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Cleared Lot
  • Wooded Lot

Schools

  • Quitman Elementary And Middle School
  • Quitman High School

Utilities

  • Co-Op Electric
  • Perc Approved Septic

Additional Features

  • Creek or Stream Views
  • Outside City Limits

Community Details

Overview

  • Resort Property

Recreation

  • River Nearby
  • Creek On Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Min Rights Do Not Convey, Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 08/10/2022
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Acreage
  • Sold Price Per Acre: 22105.26
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road
  • Waterfront: Creek

Utilities

  • Utilities: Some Util Avl-Not On Prop, Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op

Lot Info

  • Estimated Lot Size: 5.7
  • Estimated Lot Size: 5.70 acres
  • Lot: Rural Property, Resort Property, Creek, Wooded, Cleared, Not In Subdivision, Out Of City, River/Lake Area
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 60
  • Year: 2021

MLS Schools

  • Elementary School: Quitman
  • HighSchool: Quitman
  • Middle School: Quitman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Aug 18, 2022
Sold by
Smith Michael Lee and Lacey Ann
Bought by
Sherwood Barton L and Sherwood Lorra L
Seller's Agent
Chelsie Brooks
The Real Estate Center LLC
Buyer's Agent
Chelsie Brooks
The Real Estate Center LLC
List Price
$129,000
Sold Price
$126,000
Premium/Discount to List
-$3,000
-2.33%
Current Estimated Value
$143,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,736
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 6, 2022
Sold by
Bollnak Geneva Lee
Bought by
Smith Michael Lee and Smith Lacey Ann
Seller's Agent
Chris Webb
Crye*Leike Brock Real Estate
Buyer's Agent
Cheryl Baily
Crye*Leike Brock Real Estate
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.17%

Purchase Details

Closed on
Jan 11, 2011
Bought by
Smith Velma

Purchase Details

Closed on
Nov 9, 1999
Bought by
Lee Velma Smith

Purchase Details

Closed on
Aug 4, 1999
Bought by
State Of Ar and Lee Velma Smith %

Purchase Details

Closed on
Jul 1, 1993
Bought by
Lee Velma Smith

Purchase Details

Closed on
Jan 1, 1982
Bought by
Lee Velma Smith
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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Purchase History

Date Buyer Sale Price Title Company
Sherwood Barton L $126,000 Professional Land Title
Smith Michael Lee $95,001 Cornerstone Title
Smith Velma -- --
Lee Velma Smith -- --
State Of Ar -- --
Lee Velma Smith -- --
Lee Velma Smith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $126,000 -2.3% --
08/16/2022 08/16/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $129,000 +35.8% --
05/06/2022 05/06/22 Sold $95,000 +18.8% -- View Prior Sale
04/06/2022 04/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $80,000 -- --
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 $82 $2,004 $22 $1,982
2024 $85 $2,067 $22 $2,045
2023 $85 $2,067 $22 $2,045
2022 $95 $2,067 $22 $2,045
2021 $66 $144 $24 $120
2020 $66 $144 $24 $120
2019 $6 $144 $24 $120
2018 $6 $144 $24 $120
2017 $6 $144 $24 $120
2016 $83 $2,160 $2,000 $160
2015 $79 $2,034 $1,874 $160
2014 $73 $1,889 $1,729 $160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22027355

Cooperative Arkansas REALTORS® MLS

APN: 001-07015-000