NOT LISTED FOR SALE

506 Sunset Dr Malvern, AR 72104

Estimated Value: $55,000 - $108,266

2 Beds
1 Bath
1,552 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $16,500 $11 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $447/month

76 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Laundry Room
  • Bonus Room
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of February 2023

HANDIMAN SPECIAL... 2BR 1 BATH $16,500!! 1552 SF, cov'd parking, corner lot with above average curb appeal!!! price reflects needed work but would make a good investment property... located in heart of Malvern close to all area amenities and very close to I-30 to Little Rock; appx 17 miles to Hot Springs for Oaklawn Racing & Casino

Last Agent to Sell the Property

Fay Garner

Hot Springs Realty Listed on: 11/25/2022

Co-Listed By

Terry Malone

Hot Springs Realty

Last Buyer's Agent

Fay Garner

Hot Springs Realty Listed on: 11/25/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Bungalow
  • Combination Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,552 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • Malvern Elementary And Middle School
  • Malvern High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional, Ranch, Bungalow/Cottage
  • Foreclosure REO: Yes
  • Legal 2: 1/2 L 17; All lot 18 blk 2
  • LVT Date: 12/06/2022
  • Price Per Sq Ft: 10.63
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1552
  • Bedrooms: 2
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Bonus Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: No Cooling, No Heating

Schools

  • Elementary School: Malvern
  • Middle School: Malvern
  • High School: Malvern
  • Junior High: Malvern

Lot Info

  • Estimated Lot Size: 0.24
  • Estimated Lot Size: 0.24 Acres
  • Lot: Level, Corner Lot, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 579
  • Year: 2021

MLS Schools

  • Elementary School: Malvern
  • HighSchool: Malvern
  • Middle School: Malvern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Feb 21, 2023
Sold by
First Franklin Mortgage Loan Trust
Bought by
Hayes Thomas Christopher
Seller's Agent
Fay Garner
Hot Springs Realty
Buyer's Agent
Fay Garner
Hot Springs Realty
List Price
$31,200
Sold Price
$16,500
Premium/Discount to List
-$14,700
-47.12%
Views
363
Current Estimated Value
$73,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,567
Avg. Annual Appreciation
81.39%

Purchase Details

Closed on
Jul 19, 2022
Sold by
Vannoy Jean A
Bought by
City Bank

Purchase Details

Closed on
Jun 13, 2006
Bought by
Vannoy Jean A

Purchase Details

Closed on
Feb 3, 2004
Bought by
Williams Terry D and Green Linda A

Purchase Details

Closed on
Feb 13, 2003
Bought by
Williams Terry D and Green Linda A
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
Hayes Thomas Christopher $16,500 --
City Bank $35,635 Marinosci Law Group
Vannoy Jean A $45,000 --
Williams Terry D -- --
Williams Rebble -- --
Williams Terry D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $16,500 0.0% $11 / Sq Ft
02/09/2023 02/09/23 Price Changed $16,500 -26.7% $11 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
12/27/2022 12/27/22 Price Changed $22,500 -27.9% $14 / Sq Ft
11/25/2022 11/25/22 For Sale $31,200 -- $20 / 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 $579 $10,215 $615 $9,600
2023 $579 $10,215 $615 $9,600
2022 $579 $10,215 $615 $9,600
2021 $579 $10,215 $615 $9,600
2020 $160 $9,440 $1,000 $8,440
2019 $160 $9,440 $1,000 $8,440
2018 $185 $9,440 $1,000 $8,440
2017 $185 $9,440 $1,000 $8,440
2016 $502 $9,440 $1,000 $8,440
2015 $262 $11,520 $900 $10,620
2014 $262 $11,520 $900 $10,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22039496

Cooperative Arkansas REALTORS® MLS

APN: 700-03288-000