NOT LISTED FOR SALE

516 Sorrells Dr Jacksonville, AR 72076

Estimated Value: $126,000 - $146,000

3 Beds
2 Baths
1,364 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $79,000 $58 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $814/month

31 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Family Room
  • Laundry Room
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of April 2023

Nice mainly brick home in Jacksonville with covered parking and two living areas. CASH OFFERS ONLY, NO LOANS OF ANY KIND. As-IS; Where Is; no warranties or disclosures; Seller will not accept offer with inspection period, Inspection section on contract must be marked A, Property Disclosure section must be marked D, and Title section must be marked A. All offers will be reviewed within 7 business days of submission. Attached is a Hold Harmless document and sellers addendum that needs to be signed and submitted with ALL offers. . All offers must have a valid/current proof of funds statement to be considered. $1000 min EMD will also be required. Agents see confidential agent remarks for additional information and showing instructions.

Last Agent to Sell the Property

Tansha Rogers

Crye-Leike Realtors Financial Centre Branch Listed on: 03/07/2023

Crye-Leike Realtors Financial Centre Branch

Last Buyer's Agent

Adam Pratt

Ultra Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1966

Lot Details

  • 9,380 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Family Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$690

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Partially Fenced
  • Inside City Limits: Yes
  • LVT Date: 03/15/2023
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1364
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Electric Range, Dishwasher
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 0.22
  • Estimated Lot Size: 9380 sqft
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 690.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Mid South Homebuyers Llc
Bought by
Musse Niat
Current Estimated Value
$137,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,625
Outstanding Balance
$102,793
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$34,825

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 25, 2023
Sold by
Vbkh Llc
Bought by
Mid South Homebuyers Gp
Seller's Agent
Tansha Rogers
Crye-Leike Realtors Financial Centre Branch
Buyer's Agent
Adam Pratt
Ultra Properties
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.75%
Original Mortgage
$10,000,000
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2022
Sold by
Atlas Property Investors Llc
Bought by
Vbkh Llc

Purchase Details

Closed on
Aug 5, 2022
Sold by
Merrill Joseph G
Bought by
Atlas Property Investors Llc

Purchase Details

Closed on
Feb 14, 2008
Sold by
Gillis Jerry L and Gillis Dottye
Bought by
Merrill Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,574
Interest Rate
5.68%
Mortgage Type
VA
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
Musse Niat $139,500 None Listed On Document
Mid South Homebuyers Gp $79,000 Total Title Services
Vbkh Llc $83,500 None Listed On Document
Atlas Property Investors Llc $70,000 Pulaski County Title
Merrill Joseph G $78,000 United Abstract & Title Co I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musse Niat $104,625
Previous Owner Mid South Homebuyers Gp $10,000,000
Previous Owner Merrill Joseph G $79,574
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $79,000 -7.1% $58 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $85,000 -- $62 / 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
2025 $1,081 $17,613 $1,200 $16,413
2024 $948 $17,613 $1,200 $16,413
2023 $948 $17,613 $1,200 $16,413
2022 $690 $17,613 $1,200 $16,413
2021 $657 $10,700 $600 $10,100
2020 $282 $10,700 $600 $10,100
2019 $282 $10,700 $600 $10,100
2018 $307 $10,700 $600 $10,100
2017 $307 $10,700 $600 $10,100
2016 $384 $11,960 $2,100 $9,860
2015 $643 $11,960 $2,100 $9,860
2014 $643 $11,960 $2,100 $9,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23007537

Cooperative Arkansas REALTORS® MLS

APN: 12J-061-00-051-00