NOT LISTED FOR SALE

500 N Palm St Little Rock, AR 72205

Hillcrest Neighborhood

Estimated Value: $465,000 - $560,000

3 Beds
2.5 Baths
2,143 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $500,000 $233 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,142/month

12 Days on Market

Highlights

  • Guest House
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Pulaski Heights Elementary School Rated A-
  • Craftsman Architecture
  • 4-minute walk to The Crest Park

About This Home

As of February 2023

Beautifully remodeled Hillcrest home with 895 sf guest house. This charming bungalow is replete with updates including remodeled kitchen and bathrooms, refurbished exterior siding, neutral interior paint, new front porch and a stone patio in the back. See documents for a full list. The living room features large windows, gas-log fireplace with painted brick surround. A new, built-in work station is nestled between the dining room and kitchen and works seamlessly with the home's style. Lots of windows and all-white cabinetry brighten the updated kitchen. The second-floor primary suite features an updated bath and an attached bonus room that could be used as a walk-in closet, nursery, or sitting/tv room. The guest house is a prime opportunity for income property and features a huge living area, kitchen, bedroom and full bath. It also has many updates but conveys as is.

Last Agent to Sell the Property

Sheryl McKelvey

Charlotte John Company (Little Rock) Listed on: 01/20/2023

Last Buyer's Agent

Megan Cain

RE/MAX Elite Conway Branch

RE/MAX Elite Conway Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1920

Lot Details

  • 7,030 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,143 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Family Room
  • Formal Dining Room
  • Crawl Space
  • Home Security System
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • 4 Car Garage
  • Parking Pad

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Guest House
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,339

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Craftsman
  • Ext Features: Patio, Porch, Partially Fenced, Guttering, Lawn Sprinkler, Guest House, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 02/01/2023
  • Price Per Sq Ft: 233.32
  • Road Surface: Paved
  • Street Designation: Street
  • Termite Company: Bug Man
  • Type: Detached
  • Estimated Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom Apart, Primary Bed. Sitting Area, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2143
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Gas, Security System, Window Treatments, Walk-In Closet(s)
  • Kitchen Equip: Microwave, Gas Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Den/Family Room, In-Law Quarters
  • Stories: Two Story

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas, Zoned Units

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 7,030 sqft
  • Lot: Level, Corner Lot, Extra Landscaping
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 3338.94
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 21, 2023
Sold by
Alex And Katherine Jones Family Trust
Bought by
Bullock Rachel Beth and Bullock Daniel Will
Seller's Agent
Sheryl McKelvey
Charlotte John Company (Little Rock)
Buyer's Agent
Megan Cain
RE/MAX Elite Conway Branch
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$517,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,748
Avg. Annual Appreciation
0.56%
Original Mortgage
$400,000
Outstanding Balance
$390,041
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$116,947

Purchase Details

Closed on
Aug 6, 2021
Sold by
Jones Thomas Alexander and Jones Katherine Barnett
Bought by
Jones Thomas Alexander and Jones Katherine Barnett

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 15, 2020
Sold by
Basham Christian and The Basham Living Trust
Bought by
Jones Thomas A and Jones Katherine B
Seller's Agent
Margaret Bell
The Property Group
Buyer's Agent
Sheryl McKelvey
Charlotte John Company (Little Rock)
List Price
$407,000
Sold Price
$405,000
Premium/Discount to List
-$2,000
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$405,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Basham Christina B
Bought by
Basham Christina

Purchase Details

Closed on
Dec 5, 2011
Sold by
J Hoffman Properties Llc
Bought by
Basham Christina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,439
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2008
Sold by
Teeter Brian C and Mckelvey Samantha
Bought by
J Hoffman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,787
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2008
Sold by
Hudson Jason A and Hudson Tricia
Bought by
Teeter Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,787
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Holzhauer Doris M
Bought by
Teeter Brian C and Hudson Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
6.58%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bogart Henry D and Bogart Bette K
Bought by
Bogart Bette K and Bogart Henry D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bullock Rachel Beth $500,000 First National Title
Jones Thomas Alexander -- None Available
Jones Thomas A $405,000 Beach Abstract & Guaranty Co
Basham Christina -- None Available
Basham Christina B $279,000 Pulaski County Title
J Hoffman Properties Llc -- Pulaski County Title
Teeter Brian C -- Pulaski County Title
Teeter Brian C -- American Abstract & Title Co
Teeter Brian C $155,000 American Abstract & Title Co
Bogart Bette K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullock Rachel Beth $400,000
Previous Owner Jones Thomas A $405,000
Previous Owner Basham Christina M $18,165
Previous Owner Basham Christina $20,000
Previous Owner Basham Christina B $271,439
Previous Owner J Hoffman Properties Llc $277,787
Previous Owner Teeter Brian C $279,832
Previous Owner Teeter Brian C $100,111
Previous Owner Teeter Brian C $50,250
Previous Owner Teeter Brian C $176,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $500,000 +5.3% $233 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $475,000 +17.3% $222 / Sq Ft
04/15/2020 04/15/20 Sold $405,000 -0.5% $190 / Sq Ft
02/14/2020 02/14/20 For Sale $407,000 -- $191 / 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
2023 $3,688 $63,248 $20,000 $43,248
2022 $3,492 $63,248 $20,000 $43,248
2021 $3,321 $47,100 $15,200 $31,900
2020 $2,922 $47,100 $15,200 $31,900
2019 $2,922 $47,100 $15,200 $31,900
2018 $2,947 $47,100 $15,200 $31,900
2017 $2,947 $47,100 $15,200 $31,900
2016 $2,969 $47,420 $9,600 $37,820
2015 $3,324 $47,420 $9,600 $37,820
2014 $3,324 $47,420 $9,600 $37,820
Source: Public Records

Agents Affiliated with this Home

  • Sheryl McKelvey

    Seller's Agent in 2023

    Sheryl McKelvey

    Charlotte John Company (Little Rock)

    (501) 352-7696

    16 in this area

    69 Total Sales

    Section Image
  • Megan Cain

    Buyer's Agent in 2023

    Megan Cain

    RE/MAX

    (501) 470-8997

    2 in this area

    85 Total Sales

    Section Image
  • Margaret Bell

    Seller's Agent in 2020

    Margaret Bell

    The Property Group

    (501) 231-7736

    35 in this area

    146 Total Sales

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23003187

Cooperative Arkansas REALTORS® MLS

APN: 33L-047-00-248-00

Arkansas Pulaski County Little Rock 72205 Hillcrest

500 N Palm St, Little Rock, AR

This home is located at 500 N Palm St, Little Rock, AR 72205 since 20 January 2023 and is currently estimated at $517,748, approximately $241 per square foot. This property was built in 1920. 500 N Palm St is a home located in Pulaski County with nearby schools including Pulaski Heights Elementary School, Pulaski Heights Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes