NOT LISTED FOR SALE

50 Chico Rd Quitman, AR 72131

Estimated Value: $295,000 - $393,000

4 Beds
2.5 Baths
2,110 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $165,000 $78 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,863/month

283 Days on Market

Highlights

  • RV Access or Parking
  • Barn or Farm Building
  • Ranch Style House
  • Community Lake
  • Stream or River on Lot
  • Great Room

About This Home

As of February 2020

Well built 4 bedroom 2 and 1/2 bath country home, mix of pasture and pine timber only a few miles from Greers Ferry Lake and Cove Creek boat launch, formal living area, separate dining room, family room has vaulted ceiling with wood beams with site built fire place, currently has gas logs, 3 shops with power, a barn, and storm cellar. City water but also has a well. Nice mature trees in yard with a gazebo, screened in sun porch, and garage.

Last Agent to Sell the Property

Chris Webb

Crye*Leike Brock Real Estate Listed on: 05/21/2019

Crye*Leike Brock Real Estate

Last Buyer's Agent

Rachel Mitchum

Mitchum Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1985

Lot Details

  • 10.7 Acre Lot
  • Rural Setting
  • Dog Run
  • Partially Fenced Property
  • Level Lot

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,110 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Crawl Space
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Stream or River on Lot
  • Outdoor Storage
  • Storm Cellar or Shelter

Farming

  • Barn or Farm Building
  • Livestock

Utilities

  • Central Heating and Cooling System
  • Butane Gas
  • Electric Water Heater
  • Septic System

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Residential
  • Style: Ranch
  • Ext Features: Screened Porch, Porch, Partially Fenced, Outside Storage Area, Guttering, Storm Cellar, Shop, Dog Run, Rv Parking
  • Lake: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 05/21/2019
  • Price Per Sq Ft: 78.2
  • Road Surface: Gravel
  • Type: Rural Residential
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Woodburning-Site-Built, Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2110
  • Bedrooms: 4
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Security System, Built-Ins, Ceiling Fan(s), Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Great Room, Office/Study, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 10.7
  • Estimated Lot Size: TBT
  • Farmranch: Barns/Buildings, Livestock Allowed
  • Lot: Level, Rural Property, River/Lake Area
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1208
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Feb 25, 2020
Sold by
Holland Marilyn J
Bought by
Parker Matthew Aaron and Parker Mikayla R
Seller's Agent
Chris Webb
Crye*Leike Brock Real Estate
Buyer's Agent
Rachel Mitchum
Mitchum Properties
List Price
$249,000
Sold Price
$165,000
Premium/Discount to List
-$84,000
-33.73%
Current Estimated Value
$312,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,511
Avg. Annual Appreciation
10.52%
Original Mortgage
$162,011
Outstanding Balance
$145,268
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$139,047

Purchase Details

Closed on
Apr 1, 1984
Bought by
Hicks Greta Jo
Source: Public Records

Range of Values:

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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
Parker Matthew Aaron $165,000 General Land And Title Svcs
Hicks Greta Jo $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Matthew Aaron $50,000
Open Parker Matthew Aaron $162,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $165,000 -17.5% $78 / Sq Ft
12/08/2019 12/08/19 Price Changed $199,900 -14.6% $95 / Sq Ft
10/25/2019 10/25/19 Price Changed $234,000 -2.1% $111 / Sq Ft
09/26/2019 09/26/19 Price Changed $239,000 -2.0% $113 / Sq Ft
09/10/2019 09/10/19 Price Changed $244,000 -2.0% $116 / Sq Ft
05/21/2019 05/21/19 For Sale $249,000 -- $118 / 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 $1,638 $39,858 $1,644 $38,214
2023 $1,543 $39,858 $1,644 $38,214
2022 $1,475 $39,858 $1,644 $38,214
2021 $1,347 $31,280 $852 $30,428
2020 $1,347 $31,280 $852 $30,428
2019 $1,209 $31,294 $866 $30,428
2018 $1,209 $31,294 $866 $30,428
2017 $1,209 $31,294 $866 $30,428
2016 $1,183 $30,611 $2,315 $28,296
2015 $1,182 $30,611 $2,315 $28,296
2014 $453 $20,799 $948 $19,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19016604

Cooperative Arkansas REALTORS® MLS

APN: 001-07042-000