NOT LISTED FOR SALE

54 Chapel Lake Cir Quitman, AR 72131

Estimated Value: $111,000 - $249,000

3 Beds
2 Baths
1,324 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $85,000 $64 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $919/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • 1-Story Property
  • Level Lot

About This Home

As of May 2021

This home is currently leased. Selling as rental property. This home has a new HVAC unit and a new water heater. Great income property

Last Agent to Sell the Property

John Prewitt

Varvil Real Estate Listed on: 02/08/2021

Last Buyer's Agent

John Prewitt

Varvil Real Estate Listed on: 02/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1976

Lot Details

  • 1.08 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Propane
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 02/08/2021
  • Price Per Sq Ft: 64.2
  • Road Surface: Gravel
  • Type: Detached
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1324
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Electric Range
  • Other Rooms: Formal Living Room
  • Stories: One Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 1.08
  • Estimated Lot Size: Irreg
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 590.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 3, 2021
Sold by
Prewitt John and Prewitt Martha
Bought by
Keller Danny I
Seller's Agent
John Prewitt
Varvil Real Estate
Buyer's Agent
John Prewitt
Varvil Real Estate
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Current Estimated Value
$160,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,068
Avg. Annual Appreciation
11.88%
Original Mortgage
$45,000
Outstanding Balance
$41,154
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$97,375

Purchase Details

Closed on
Mar 27, 2020
Sold by
Mosley Sara S
Bought by
Prewitt John and Prewitt Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 21, 2003
Bought by
Duncan Mary

Purchase Details

Closed on
Sep 13, 2000
Bought by
Duncan Mary

Purchase Details

Closed on
Sep 11, 1978
Bought by
Duncan Robert M and Duncan Mary
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
Keller Danny I $85,000 First National Title Company
Prewitt John $90,000 First National Title
Duncan Mary -- --
Duncan Mary -- --
Duncan Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Danny I $45,000
Previous Owner Prewitt John $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $85,000 -10.5% $64 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $95,000 +111.1% $72 / Sq Ft
03/30/2018 03/30/18 Sold $45,000 0.0% $34 / Sq Ft
03/15/2018 03/15/18 For Sale $45,000 -- $34 / 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 $786 $19,124 $2,160 $16,964
2023 $786 $19,124 $2,160 $16,964
2022 $846 $19,124 $2,160 $16,964
2021 $590 $14,362 $1,000 $13,362
2020 $590 $14,362 $1,000 $13,362
2019 $554 $14,362 $1,000 $13,362
2018 $554 $14,362 $1,000 $13,362
2017 $10 $14,362 $1,000 $13,362
2016 $10 $9,339 $700 $8,639
2015 $10 $9,339 $700 $8,639
2014 $187 $13,912 $1,400 $12,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21003916

Cooperative Arkansas REALTORS® MLS

APN: 001-08047-000