NOT LISTED FOR SALE

518 W Front St Heber Springs, AR 72543

Estimated Value: $66,190 - $239,000

1 Bed
1 Bath
540 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $9,300 $17 Per Sq Ft

Est. 1,247% increase in value since last sale

Current estimated payment $702/month

37 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1-Story Property
  • Open Floorplan
  • Paneling
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of May 2018

Located close to downtown. 1 BR, 1 BA. Seller does not pay customary closing cost: including Title Policy, escrow fees, survey, or transfer fees. Proof of funds required on cash transactions, Lender Pre-Approval letter for financed offers (dated within last 30 days). Seller is Secretary of Veterans Affairs. Property was built prior to 1978 and lead based paint potentially exists. See agent remarks for submitting offer.

Last Agent to Sell the Property

Mark Lercher

RE/MAX Advantage Listed on: 02/28/2018

RE/MAX Advantage

Last Buyer's Agent

Mark Lercher

RE/MAX Advantage Listed on: 02/28/2018

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Open Floorplan
  • Carpet
  • Crawl Space
  • Washer Hookup

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Ext Features: Partially Fenced, Wood Fence
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 02/28/2018
  • Price Per Sq Ft: 17.22
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1971
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 540
  • Bedrooms: 1
  • Floors: Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Stories: One Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Utilities

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

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: .25
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 191.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2022
Sold by
Howard Cothren
Bought by
Howard Cothren Revocable Trust
Current Estimated Value
$125,298

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 7, 2018
Sold by
The Secretary Of Veterans Affairs
Bought by
Cothern Howard
Seller's Agent
Mark Lercher
RE/MAX Advantage
Buyer's Agent
Mark Lercher
RE/MAX Advantage
List Price
$10,000
Sold Price
$9,300
Premium/Discount to List
-$700
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.38%

Purchase Details

Closed on
Feb 8, 2018
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 25, 2018
Sold by
Powell Ronald E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 13, 2007
Sold by
Cantrell Debbie K
Bought by
Powell Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.69%
Mortgage Type
VA

Purchase Details

Closed on
Jun 8, 2005
Sold by
Hayes Jason and Hayes Tracy
Bought by
Cantrell Ronald J and Cantrell Debbie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 4, 2004
Bought by
Hayes Tom and Hayes Burt

Purchase Details

Closed on
Mar 31, 2004
Bought by
Hayes Tom and Hayes Burt

Purchase Details

Closed on
Nov 27, 2001
Bought by
Hayes Terry O

Purchase Details

Closed on
Aug 4, 1999
Bought by
State Of Ar and Hayes Terry O %

Purchase Details

Closed on
Oct 1, 1996
Bought by
Hayes Terry O

Purchase Details

Closed on
Jun 1, 1994
Bought by
State Of Ar
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
Howard Cothren Revocable Trust -- Mike Munnerlyn Pa
Cothern Howard $9,300 None Available
The Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $27,657 None Available
Powell Ronald E $40,000 --
Cantrell Ronald J $18,500 --
Hayes Tom -- --
Hayes Tom -- --
Hayes Terry O -- --
State Of Ar -- --
Hayes Terry O -- --
State Of Ar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Ronald E $40,000
Previous Owner Cantrell Ronald J $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $9,300 +32.9% $17 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 Price Changed $7,000 -30.0% $13 / Sq Ft
02/28/2018 02/28/18 For Sale $10,000 -- $19 / 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 $240 $5,582 $1,600 $3,982
2023 $234 $5,582 $1,600 $3,982
2022 $214 $5,582 $1,600 $3,982
2021 $195 $4,526 $1,600 $2,926
2020 $195 $4,526 $1,600 $2,926
2019 $195 $4,526 $1,600 $2,926
2018 $194 $4,526 $1,600 $2,926
2017 $191 $4,526 $1,600 $2,926
2016 -- $3,540 $1,200 $2,340
2015 -- $3,540 $1,200 $2,340
2014 -- $3,540 $1,200 $2,340
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Lercher

    RE/MAX

    (501) 993-6611

    2 in this area

    134 Total Sales

    Mark Lercher
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18006081

Cooperative Arkansas REALTORS® MLS

APN: 300-00907-000

Arkansas Cleburne County Heber Springs 72543

518 W Front St, Heber Springs, AR

This home is located at 518 W Front St, Heber Springs, AR 72543 since 28 February 2018 and is currently estimated at $125,298, approximately $232 per square foot. This property was built in 1971. 518 W Front St is a home located in Cleburne County with nearby schools including Heber Springs Elementary School, Heber Springs Middle School, and Heber Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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