Seller's Agent in 2023
Tish Pace
RE/MAX
(501) 593-0262
198 Total Sales
5 Cottonwood Dr Searcy, AR 72143
Estimated Value: $203,000 - $288,169
4
Beds
3
Baths
2,414
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Traditional Architecture
- Corian Countertops
- Westside Elementary School Rated A-
- Wood Flooring
- Breakfast Room
About This Home
As of June 2023Beautiful one-owner home on two city lots with many custom features including wood floors, formal dining & breakfast room, wood plantation shutters, crown molding, updated bathrooms, wood stove inside of a site-built fireplace, large laundry room with cabinets, folding cabinet & an office located off of it! The garage was converted in a gorgeous versatile family room/mother-in-law suite, or 4th bedroom with built-ins, a Murphy bed & spacious storage with 3rd full bathroom connected to it. A lovely front porch runs the length of the home, and the spacious lot gives the feel of privacy with the convenience of living close to everything! Call for your personal tour today! Agents SEE REMARKS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,306
Year Built
- Built in 1984
Lot Details
- 0.8 Acre Lot
- Sloped Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- 2,414 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- Ceiling Fan
- Wood Burning Stove
- Wood Burning Fireplace
- Insulated Windows
- Window Treatments
- Insulated Doors
- Breakfast Room
- Formal Dining Room
- Crawl Space
- Attic Floors
Kitchen
- Breakfast Bar
- Electric Range
- Stove
- Microwave
- Dishwasher
- Corian Countertops
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 2 Car Garage
- Parking Pad
Outdoor Features
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2023
Closed on
Jun 7, 2023
Sold by
Murray Lambert E and Murray Mckay S
Bought by
Nichol Fred Gregory and Nichol Susan Kaye
Seller's Agent
Tish Pace
RE/MAX Advantage
Buyer's Agent
Glenn Dillard
United Country Real Estate Natural State Home & Land
List Price
$262,000
Sold Price
$286,161
Premium/Discount to List
$24,161
9.22%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,119
Avg. Annual Appreciation
-1.12%
Original Mortgage
$195,200
Outstanding Balance
$127,486
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$151,508
Purchase Details
Closed on
Jan 1, 1984
Bought by
Murray Lambert E and Murray Mckay S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nichol Fred Gregory | $286,161 | None Listed On Document | |
| Murray Lambert E | $8,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murray Lambert E | $195,200 | |
| Previous Owner | Murray Lambert E | $104,500 | |
| Previous Owner | Murray Lambert | $45,000 | |
| Previous Owner | Murray Lambert E | $38,170 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $286,161 | +9.2% | $119 / Sq Ft |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | For Sale | $262,000 | -- | $109 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $1,374 | $33,841 | $4,500 | $29,341 |
| 2023 | $881 | $33,480 | $4,500 | $28,980 |
| 2022 | $931 | $33,480 | $4,500 | $28,980 |
| 2021 | $871 | $33,480 | $4,500 | $28,980 |
| 2020 | $812 | $29,240 | $7,500 | $21,740 |
| 2019 | $812 | $29,240 | $7,500 | $21,740 |
| 2018 | $837 | $29,240 | $7,500 | $21,740 |
| 2017 | $1,120 | $29,240 | $7,500 | $21,740 |
| 2016 | $1,120 | $27,590 | $7,500 | $20,090 |
| 2015 | $1,067 | $26,280 | $5,400 | $20,880 |
| 2014 | $1,067 | $26,280 | $5,400 | $20,880 |
Source: Public Records
Agents Affiliated with this Home
-
Tish Pace
-
Glenn Dillard
Buyer's Agent in 2023
Glenn Dillard
United Country Real Estate Natural State Home & Land
(501) 827-4011
138 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 23012929
APN: 016-03368-079
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