NOT LISTED FOR SALE

503 E Conway St Morrilton, AR 72110

Estimated Value: $27,000 - $112,000

0.53 Acre
$149,057 Price per Acre
23,087 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $22,000

Est. 259% increase in value since last sale

Current estimated payment $441/month

1 Day on Market

About This Lot

As of May 2023

3 lots inside city limits of Morrilton and zoned R-s for residential use or for a duplex! Corner lot and mostly cleared. Great investment!!

Last Agent to Sell the Property

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc. Listed on: 04/21/2023

Last Buyer's Agent

Brandy Chapman

Howell-Rickett Real Estate Professionals, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $152

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$152

Lot Details

0

Listing Details

  • Restrictions: Existing Survey
  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 04/21/2023
  • Price Per Sq Ft: 41509.43
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Multi-Family Lot
  • Price Per Acre: 44339.62
  • Sold Price Per Acre: 41509.43
  • Transportation: Near Interstate
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Some Util Avl-Not On Prop

Lot Info

  • Estimated Lot Size: 0.53
  • Estimated Lot Size: .531
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 1, 2023
Sold by
Warrior Properties Llc
Bought by
Alvey Gary W and Alvey Emily M
Seller's Agent
Joy Howell-Rickett
Howell-Rickett Real Estate Professionals, Inc.
Buyer's Agent
Brandy Chapman
Howell-Rickett Real Estate Professionals, Inc.
List Price
$23,500
Sold Price
$22,000
Premium/Discount to List
-$1,500
-6.38%
Total Days on Market
1
Views
2
Current Estimated Value
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,000
Avg. Annual Appreciation
76.93%
Original Mortgage
$359,639
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 12, 2021
Sold by
Cain Stephanie and Bennett Clary
Bought by
Warrior Properties Llc
Seller's Agent
Joy Howell-Rickett
Howell-Rickett Real Estate Professionals, Inc.
Buyer's Agent
Joy Howell-Rickett
Howell-Rickett Real Estate Professionals, Inc.
List Price
$18,500
Sold Price
$18,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Cain Stephanie
Bought by
Stonewood Enterprises Llc

Purchase Details

Closed on
Oct 11, 2010
Sold by
Federal National Mortgage Association
Bought by
Cain Stephanie

Purchase Details

Closed on
Jun 28, 1995
Bought by
Rohlman Edwin J

Purchase Details

Closed on
Jan 1, 1984
Bought by
Miller Mathilda
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
Alvey Gary W $22,000 None Listed On Document
Warrior Properties Llc $18,500 Morrilton Abstract Co Inc
Stonewood Enterprises Llc -- --
Cain Stephanie -- --
Rohlman Edwin J $35,000 --
Miller Mathilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvey Rentals Llc $359,639
Closed Alvey Rentals Llc $359,639
Previous Owner Pitts Jerry $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $22,000 -6.4% --
04/22/2023 04/22/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $23,500 +27.0% --
03/12/2021 03/12/21 Sold $18,500 0.0% --
01/20/2021 01/20/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $18,500 -- --
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 $114 $2,100 $2,100 $0
2023 $114 $2,800 $2,800 $0
2022 $151 $2,800 $2,800 $0
2021 $132 $2,440 $2,440 $0
2020 $133 $2,440 $2,440 $0
2019 $132 $2,440 $2,440 $0
2018 $132 $2,440 $2,440 $0
2017 $132 $2,440 $2,440 $0
2016 $130 $2,440 $2,440 $0
2015 $121 $2,440 $2,440 $0
2014 $116 $2,440 $2,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23011776

Cooperative Arkansas REALTORS® MLS

APN: 006-00993-000