NOT LISTED FOR SALE

501 Live Oak Dr Searcy, AR 72143

Estimated Value: $242,933 - $307,000

3 Beds
2 Baths
2,048 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $245,000 $120 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,643/month

110 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Southwest Middle School Rated A-
  • Workshop
  • Eat-In Kitchen

About This Home

As of June 2023

Very wellmaintained house, one owner, no steps except deck to back yard. Golf cart storage in Garage, pantry in Laundry Room, large kitchen-breakfast room, vaulted ceilings in Living Room and Master Bedroom, 2 Walk in closets, fireplace with gas logs, workshop/storage in back yard. Back yard is completely fenced with privacy fence. Covered Deck. Very Good floorplan with little wasted space. There is some wallpaper and some opportunities for updates.

Last Listed By

Jimmie England

Green Light Realty Listed on: 02/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Sloped Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Workshop
  • Attic Ventilator
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Sidney Deener Elementary School
  • Southwest Middle School
  • Searcy High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 016-02325-108

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Year Built

Built in 1996

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Deck, Fully Fenced, Outside Storage Area, Guttering, Shop, Wood Fence
  • Inside City Limits: Yes
  • Legal 2: Searcy, AR
  • LVT Date: 02/20/2023
  • Price Per Sq Ft: 119.63
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen
  • Fireplace: Gas Logs Present, Glass Doors
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2048
  • Bedrooms: 3
  • Floors: Carpet, Vinyl, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Security System
  • Kitchen Equip: Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Workshop/Craft, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Condo Association Fee: 45
  • Frequency: Annual

Schools

  • Elementary School: Sidney Deener
  • Middle School: Southwest
  • High School: Searcy
  • Junior High: Ahlf

Lot Info

  • Estimated Lot Size: 0.2
  • Estimated Lot Size: 50x75
  • Lot: Sloped
  • Geo Subdivision: AR
  • Parcel Number: 016-02325-108

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Attic Vent-Turbo

Tax Info

  • Annual Taxes: 1297

MLS Schools

  • Elementary School: Sidney Deener
  • HighSchool: Searcy
  • Middle School: Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Jun 9, 2023
Sold by
Best Timothy Ray and Best Pat R
Bought by
Flamm Stephen B
Seller's Agent
Jimmie England
Green Light Realty
Buyer's Agent
Jennifer Ketterman
Sirius Real Estate
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Total Days on Market
110
Views
298
Current Estimated Value
$270,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,733
Avg. Annual Appreciation
2.01%
Original Mortgage
$252,840
Outstanding Balance
$247,405
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$7,395

Purchase Details

Closed on
Oct 18, 1996
Bought by
Best Edwin and Best Pat R

Purchase Details

Closed on
Nov 1, 1992
Bought by
Roberson Daniel K and Roberson Lisa D

Range of Values:

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Average Value
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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
Flamm Stephen B $245,000 None Listed On Document
Best Edwin $128,000 --
Roberson Daniel K $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flamm Stephen B $252,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Pending -- -- --
06/08/2023 06/08/23 Sold $245,000 -5.7% $120 / Sq Ft
02/18/2023 02/18/23 For Sale $259,900 -- $127 / 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 $1,477 $36,380 $8,800 $27,580
2023 $872 $36,380 $8,800 $27,580
2022 $922 $36,380 $8,800 $27,580
2021 $922 $36,380 $8,800 $27,580
2020 $922 $31,940 $7,600 $24,340
2019 $922 $31,940 $7,600 $24,340
2018 $947 $31,940 $7,600 $24,340
2017 $1,288 $31,940 $7,600 $24,340
2016 $1,288 $31,720 $7,600 $24,120
2015 $1,227 $30,210 $6,400 $23,810
2014 $1,227 $30,210 $6,400 $23,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23004996

Cooperative Arkansas REALTORS® MLS

APN: 016-02325-108