NOT LISTED FOR SALE

5023 Studer Rd Little Rock, AR 72223

Estimated Value: $383,101 - $781,000

3 Beds
2 Baths
1,977 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $270,000 $137 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,036/month

11 Days on Market

Highlights

  • River View
  • Wooded Lot
  • Wood Flooring
  • Chenal Elementary School Rated A-
  • Traditional Architecture
  • Great Room

About This Home

As of December 2014

Enjoy country living only minutes from Highway 10 and Ferndale Cutoff. This home sits on 4.29 acres and backs up to the Little Maumelle River. The one level home features a foyer, dining room, great room with fireplace, kitchen, informal dining area, screen porch, two guest bedrooms that share a hall bath and master suite with bath. Two car garage with large workshop. This home offers privacy and seclusion. Rare opportunity to find a property like this at this price. Estate Sale, No Disclosures.

Last Agent to Sell the Property

Jon Underhill

Jon Underhill Real Estate Listed on: 11/08/2014

Last Buyer's Agent

Kelly Wei

RE/MAX Elite

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1997

Lot Details

  • 4.29 Acre Lot
  • River Front
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • River Views
  • Home Security System
  • Washer Hookup

Kitchen

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

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Central Air
  • Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Restrictions: Right-Of-Way Easement
  • Class: Residential
  • Style: Traditional
  • Ext Features: Screened Porch
  • Price Per Sq Ft: 136.57
  • Road Surface: Paved
  • Street Designation: Road
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen
  • Fireplace: Insert Unit, Gas Logs Present, Uses Gas Logs Only
  • Bedrooms: Primary Bedroom/Main Lv, All Bedrooms Down, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1977
  • Bedrooms: 3
  • Floors: Wood, Concrete
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Security System, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Gas Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Workshop/Craft
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Rock & Frame, Metal/Vinyl Siding
  • Roof: Composition
  • Waterfront: River

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Condo/Co-op/Association

  • Amenities: No Fee

Lot Info

  • Estimated Lot Size: 4.29
  • Estimated Lot Size: 186872 sq ft
  • Lot: Sloped, Level, Rural Property, River Front, Wooded, Cleared, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 2375
  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Mclean Johnny and Mclean Kelly
Bought by
Mw Living Trust
Current Estimated Value
$529,025

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 19, 2014
Sold by
Ligon Judith W and Ed D Ligon Jr Revocable Family
Bought by
Mclean Johnny and Wei Kelly
Seller's Agent
Jon Underhill
Jon Underhill Real Estate
Buyer's Agent
Kelly Wei
RE/MAX Elite
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$175,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 17, 2014
Sold by
Norton Gaines B and Ed D Ligon Jr Revocable Family
Bought by
Kelly Mclean Johnny and Kelly Wei
Seller's Agent
Jon Underhill
Jon Underhill Real Estate
Buyer's Agent
Kelly Wei
RE/MAX Elite
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1997
Sold by
Riffel Fleming Gary Dewayne and Riffel Fleming Maryland
Bought by
Riffel Fleming Gary Dwayne and Riffel Fleming Maryland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,550
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mw Living Trust -- --
Mclean Johnny -- American Abstract & Title Co
Kelly Mclean Johnny $270,000 American Abstract & Title Co
Riffel Fleming Gary Dwayne -- First Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Mclean Johnny $175,500
Previous Owner Riffel Fleming Gary Dwayne $117,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $270,000 -1.8% $137 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/08/2014 11/08/14 For Sale $275,000 -- $139 / 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
2025 $2,774 $54,603 $17,160 $37,443
2024 $2,774 $54,603 $17,160 $37,443
2023 $2,774 $54,603 $17,160 $37,443
2022 $2,824 $54,603 $17,160 $37,443
2021 $2,718 $52,510 $18,880 $33,630
2020 $2,718 $52,510 $18,880 $33,630
2019 $2,718 $52,510 $18,880 $33,630
2018 $2,718 $52,510 $18,880 $33,630
2017 $2,663 $52,510 $18,880 $33,630
2016 $2,375 $46,760 $21,450 $25,310
2015 $2,375 $46,760 $21,450 $25,310
2014 $2,375 $46,760 $21,450 $25,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10405054

Cooperative Arkansas REALTORS® MLS

APN: 53R-020-00-022-02