NOT LISTED FOR SALE

507 W 3rd St Rector, AR 72461

Estimated Value: $84,000 - $109,000

2 Beds
1 Bath
1,204 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $75,000 $62 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $579/month

43 Days on Market

About This Home

As of April 2021

Beautifully remodeled home, walking distance from Main Street. Must see!

Last Listed By

Casey Lyles

Prime Real Estate Partners License #SA00084598 Listed on: 02/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $412

Lot Details

  • 0.39

Interior Spaces

  • Sun or Florida Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$412

Lot Details

0

Listing Details

  • Style: 1 Story, Patio, Traditional
  • Age: 31-40
  • Estimated Heated Cooled Sq Ft: 1204
  • Estimated Sq Ft Range: 1201-1700
  • Class: RESIDENTIAL
  • Floors: Carpet, Laminate
  • Level: One
  • Price Per Sq Ft: 62.29
  • Type: SINGLE FAMILY
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Master Bedroom: Yes
  • Master Bedroom Type: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Additional Rooms: Sun Room
  • Appliances: Oven/Range Electric, Refrigerator, Dishwasher Built-In, Washer, Dryer Electric
  • Fireplace Type: Ventless Gas
  • Windows Treatments: Blinds

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Paved Streets, Porch
  • Roof: 3-Tab Shingles

Utilities

  • Cooling: Wall/Window Unit
  • Electric: Municipal
  • Heat: Wall Heater Ventless
  • Sewer/Septic System: City Sewer
  • Water Supply: City

Schools

  • Elementary School: Rector
  • Middle School: Rector

Lot Info

  • Lot Description: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
May 18, 2021
Bought by
Tippitt Linda and Shavalia Malorie
Seller's Agent
Casey Lyles
Prime Real Estate Partners
Buyer's Agent
Pat Pratt
Chesser Realty Inc
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
43
Current Estimated Value
$98,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,332
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Aug 21, 2010
Sold by
Smith Joshua R
Bought by
Smith Renona C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.55%

Purchase Details

Closed on
Mar 3, 2006
Bought by
Smith

Purchase Details

Closed on
Mar 3, 2005
Bought by
Shockley

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
Tippitt Linda $75,000 --
Smith Renona C -- --
Smith $30,000 --
Shockley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Renona C $65,000
Previous Owner Smith Joshua R $34,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $75,000 -6.3% $62 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/06/2021 03/06/21 Price Changed $80,000 -5.9% $66 / Sq Ft
02/05/2021 02/05/21 For Sale $85,000 -- $71 / Sq Ft
Source: Northeast 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
2024 $412 $11,860 $820 $11,040
2023 $412 $11,860 $820 $11,040
2022 $38 $7,710 $1,380 $6,330
2021 $38 $7,710 $1,380 $6,330
2020 $412 $7,710 $1,380 $6,330
2019 $412 $7,710 $1,380 $6,330
2018 $62 $7,710 $1,380 $6,330
2017 $431 $8,060 $1,380 $6,680
2016 -- $8,060 $1,380 $6,680
2015 -- $8,060 $1,380 $6,680
2014 -- $8,060 $1,380 $6,680
2013 -- $8,060 $1,380 $6,680
Source: Public Records

Agents Affiliated with this Home

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Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10091054

Northeast Arkansas Board of REALTORS®

APN: 751-02906-000