NOT LISTED FOR SALE

502 E Mccormick St Prairie Grove, AR 72753

Estimated Value: $269,000 - $295,000

3 Beds
2 Baths
1,578 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $165,000 $105 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,594/month

45 Days on Market

Highlights

  • Property is near a park
  • Granite Countertops
  • 2 Car Attached Garage
  • Traditional Architecture
  • Home Office
  • Double Pane Windows

About This Home

As of November 2019

Great price on bank owned home near State Park and downtown. In very good move in condition. 3 bedroom, 2 bath brick home on landscaped lot with trees. Qualifies for O down RD financing. Got to see this one.

Last Agent to Sell the Property

Jared Walters

Prime Real Estate and Development License #SA00074323 Listed on: 08/31/2019

Last Buyer's Agent

Mockingbird Team

Mockingbird Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1994

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Home Office
  • Library
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Appliances
  • Patio

Community Details

Overview

  • 18 15 31 Prairie Grove Outlots Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,449

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: x00
  • Road Frontage Type: Public Road
  • Subdivision Name: 18-15-31 Prairie Grove Outlots
  • Directions: Hwy 62 to Prairie Grove. Take BUS 62/Buchanan St. Go left onto N. Pittman St. Go right onto McCormick. Home on left; 3rd house from the end.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Appliances
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Range Hood, Smooth Cooktop, ENERGY STAR Qualified Appliances
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1578.0
  • Dining Room Type: Library, Office
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: City Lot, Landscaped, Level, Near Park, Sloped
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near State Park, Near Schools, Park

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1449.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Nov 15, 2019
Sold by
Frisard Leon J and Frisard Johna A
Bought by
Bynum Nita L
Seller's Agent
Jared Walters
Prime Real Estate and Development
Buyer's Agent
Mockingbird Team
Mockingbird Real Estate Group
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$283,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,309
Avg. Annual Appreciation
9.40%
Original Mortgage
$162,011
Outstanding Balance
$141,930
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$141,379

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 10, 2012
Sold by
First Security Bank
Bought by
Frisard Leon J and Pergeson Johna A
Seller's Agent
Gary Boyle
Lindsey & Associates Inc
Buyer's Agent
Gary Boyle
Lindsey & Associates Inc
List Price
$115,900
Sold Price
$115,000
Premium/Discount to List
-$900
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$117,857
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Alferez Jose L and Gonzales Maria Perez
Bought by
First Security Bank

Purchase Details

Closed on
Sep 1, 2006
Sold by
Newberry James D and Newberry Connie L
Bought by
Alferez Jose Luis and Gonzales Maria Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1992
Bought by
Patton Rodney A and Patton Jill M

Purchase Details

Closed on
Jan 1, 1985
Bought by
Dunham Lloyd U and Dunham Lila M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bynum Nita L $165,000 Advantage Title & Escrow
Frisard Leon J $116,000 Rtc
First Security Bank $75,000 None Available
Alferez Jose Luis -- Lenders Title Company
Patton Rodney A $9,000 --
Dunham Lloyd U -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynum Nita L $162,011
Previous Owner Frisard Leon J $117,857
Previous Owner Alferez Jose Luis $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Off Market $115,000 -- --
11/15/2019 11/15/19 Sold $165,000 -2.9% $105 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $170,000 +47.8% $108 / Sq Ft
02/10/2012 02/10/12 Sold $115,000 -0.8% $73 / Sq Ft View Prior Sale
01/11/2012 01/11/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $115,900 -- $73 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $1,179 $50,460 $11,900 $38,560
2024 $1,307 $50,460 $11,900 $38,560
2023 $1,452 $50,460 $11,900 $38,560
2022 $1,502 $34,750 $4,900 $29,850
2021 $1,502 $34,750 $4,900 $29,850
2020 $1,495 $34,750 $4,900 $29,850
2019 $1,074 $26,630 $3,000 $23,630
2018 $1,099 $26,630 $3,000 $23,630
2017 $1,085 $26,630 $3,000 $23,630
2016 $1,085 $26,630 $3,000 $23,630
2015 $1,085 $26,630 $3,000 $23,630
2014 $1,021 $25,440 $3,000 $22,440
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jared Walters

    Prime Real Estate and Development

  • M

    Buyer's Agent in 2019

    Mockingbird Team

    Mockingbird Real Estate Group

  • Gary Boyle

    Seller's Agent in 2012

    Gary Boyle

    Lindsey & Associates Inc

    (479) 263-7727

    11 in this area

    54 Total Sales

    Gary Boyle
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1124473

Northwest Arkansas Board of REALTORS®

APN: 805-19934-000

Arkansas Washington County Prairie Grove 72753

502 E Mccormick St, Prairie Grove, AR

Not Listed for Sale

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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

Nearby Homes