NOT LISTED FOR SALE

5079 Highway 7 Bismarck, AR 71929

Estimated Value: $78,346 - $132,000

2 Beds
2 Baths
1,360 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $72,000 $53 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $559/month

104 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Porch
  • Bismarck Elementary School Rated A-
  • Formal Dining Room
  • Built-in Bookshelves

About This Home

As of March 2023

Charming bungalow conveniently located only 4 miles from fishing and boating at Lake DeGray State Park! Could be ideal as a short term rental cabin! Storm cellar, propane fuel, and covered porch! Seller is a renowned jewelry artist, and created many of her designs in the studio space adjoining the guest room.

Last Agent to Sell the Property

Kent Dover

CBRPM Hot Springs Listed on: 12/03/2022

Last Buyer's Agent

Jenifer Abbott

CBRPM Hot Springs

CBRPM Hot Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $370

Year Built

  • Built in 1940

Lot Details

  • 0.89 Acre Lot
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Home Security System
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Carport
  • Parking Pad

Outdoor Features

  • Storm Cellar or Shelter
  • Porch

Schools

  • Bismarck Elementary And Middle School
  • Bismarck High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 055-00339-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$370

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Porch, Storm Cellar
  • LVT Date: 12/16/2022
  • Price Per Sq Ft: 52.94
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: All Bedrooms Down, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1360
  • Bedrooms: 2
  • Floors: Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Security System, Built-Ins, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Electric Range
  • Other Rooms: Bonus Room
  • Stories: One Story

Exterior Features

  • Exterior: Asbestos
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Parking Pads

Utilities

  • Utilities: Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Window Units, Space Heater-Gas

Schools

  • Elementary School: Bismarck
  • Middle School: Bismarck
  • High School: Bismarck
  • Junior High: Bismarck

Lot Info

  • Estimated Lot Size: 0.89
  • Estimated Lot Size: 38768
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 055-00339-000

Tax Info

  • Annual Taxes: 370
  • Year: 2021

MLS Schools

  • Elementary School: Bismarck
  • HighSchool: Bismarck
  • Middle School: Bismarck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Pilcher Teresa
Bought by
Arvest Bank
Current Estimated Value
$99,337

Purchase Details

Closed on
May 3, 2022
Sold by
Ludwig Ellen T
Bought by
Arkansas State Highway Commission

Purchase Details

Closed on
Feb 20, 1998
Bought by
Ludwig Horst L and Ludwig Ellen T

Purchase Details

Closed on
Jan 13, 1995
Bought by
Densmore Charles

Purchase Details

Closed on
Aug 20, 1992
Bought by
Berry Brenda J
Source: Public Records

Range of Values:

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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
Arvest Bank $82,613 None Listed On Document
Arvest Bank $82,613 None Listed On Document
Arkansas State Highway Commission $3,275 None Listed On Document
Ludwig Horst L $45,000 --
Densmore Charles $32,000 --
Berry Brenda J $19,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $72,000 -4.0% $53 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
12/03/2022 12/03/22 For Sale $75,000 -- $55 / 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 $385 $7,700 $1,070 $6,630
2023 $0 $7,700 $1,070 $6,630
2022 $0 $7,700 $1,070 $6,630
2021 $20 $7,830 $1,200 $6,630
2020 $0 $8,295 $1,760 $6,535
2019 $20 $8,295 $1,760 $6,535
2018 $20 $8,295 $1,760 $6,535
2017 $20 $8,295 $1,760 $6,535
2016 $370 $7,400 $1,160 $6,240
2015 -- $7,400 $1,160 $6,240
2014 $20 $7,400 $1,160 $6,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22040261

Cooperative Arkansas REALTORS® MLS

APN: 055-00339-000