NOT LISTED FOR SALE

512 8th St Marked Tree, AR 72365

Estimated Value: $66,000 - $81,000

2 Beds
1 Bath
912 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $80,000 $88 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $420/month

102 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Eat-In Kitchen
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Built-in Bookshelves

About This Home

As of August 2024

Snug as a bug in this 2-bedroom & 1-bath home with living room, eat-in kitchen with a good-sized laundry room. There is a great deal of closet and storage space in this compact, one-level home. PLUS there is a fantastic workshop (with electricity) just a few steps out the back door. Power out on a cold night? No problem as there are 3 gas heaters to keep you warm! A large concrete, covered patio/porch joins the house and workshop. Extra concrete, parking pads in addition to the attached, 1-car carport. All of this on a pretty lot on a dead-end street. LEGAL DESCRIPTION: Lot 6 Block 5 of St. Francis Valley Subdivision, city of Marked Tree, Poinsett County, Arkansas.

Last Agent to Sell the Property

Brandon Gillis

Johnson Real Estate Group Listed on: 04/03/2024

Last Buyer's Agent

Brandon Gillis

Johnson Real Estate Group Listed on: 04/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 1 Car Garage
  • Carport
  • Parking Pad
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Marked Tree Elementary And Middle School
  • Marked Tree High School

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 222-01241-0000
  • $31 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Restrictions: Right-Of-Way Easement
  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Rv Parking, Covered Patio
  • Inside City Limits: Yes
  • Legal 2: Legal Description in REMARKS
  • LVT Date: 04/04/2024
  • Price Per Sq Ft: 87.72
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 912
  • Bedrooms: 2
  • Floors: Vinyl, Tile
  • Foundation: Slab
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Built-Ins, Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Electric Range
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Vault Ceiling

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Carport, Parking Pads, One Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Space Heater-Gas

Schools

  • Elementary School: MARKED TREE
  • Middle School: MARKED TREE
  • High School: MARKED TREE
  • Junior High: Marked Tree

Lot Info

  • Estimated Lot Size: 0.2
  • Estimated Lot Size: 70x125
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 222-01241-0000

Tax Info

  • Annual Taxes: 390.4
  • Year: 2023

MLS Schools

  • Elementary School: MARKED TREE
  • HighSchool: MARKED TREE
  • Middle School: MARKED TREE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Aug 23, 2024
Sold by
Dennis Joe L and Dennis Leah D
Bought by
Bailey Lucas
Seller's Agent
Brandon Gillis
Johnson Real Estate Group
Buyer's Agent
Brandon Gillis
Johnson Real Estate Group
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
64
Current Estimated Value
$73,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
-7.65%
Original Mortgage
$8,100
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 18, 2021
Sold by
Steele and Patricia
Bought by
Dennis Joe L and Dennis Leah D
Seller's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
Buyer's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.55%
Source: Public Records

Range of Values:

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Average Value
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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
Bailey Lucas $80,000 None Listed On Document
Dennis Joe L $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailey Lucas $8,100
Open Bailey Lucas $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $80,000 -20.0% $88 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $100,000 0.0% $110 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $100,000 +150.0% $110 / Sq Ft
11/18/2021 11/18/21 Sold $40,000 -5.9% $44 / Sq Ft View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $42,500 -- $47 / 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 $390 $8,000 $1,300 $6,700
2023 $358 $8,000 $1,300 $6,700
2022 $358 $8,000 $1,300 $6,700
2021 $246 $4,580 $1,100 $3,480
2020 $246 $4,580 $1,100 $3,480
2019 $246 $4,580 $1,100 $3,480
2018 $246 $4,580 $1,100 $3,480
2017 $191 $4,580 $1,100 $3,480
2016 $250 $6,400 $1,060 $5,340
2015 $250 $6,020 $1,060 $4,960
2014 $231 $5,560 $1,060 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24011487

Cooperative Arkansas REALTORS® MLS

APN: 222-01241-0000