NOT LISTED FOR SALE

55 Locust St Quitman, AR 72131

Estimated Value: $76,000 - $212,000

2 Beds
1 Bath
936 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 18, 2013

Last sale price $15,000 $16 Per Sq Ft

Est. 775% increase in value since last sale

Current estimated payment $812/month

282 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Wood Flooring
  • Paneling
  • Combination Kitchen and Dining Room

About This Home

As of April 2013

This cute home is located in a quiet neighbor hood in Quitman. It has mostly pretty pine flooring. 2 bedrooms, 1 bath. The house sits low to the ground, but has a termite contract on it. A water heater will need to be installed to make the home functional. It will not qualify for a Rural Development or FHA loan. Property comes with 2 acres, but up to 4 acres are available for a different price.

Last Agent to Sell the Property

Stuart Varvil

Varvil Real Estate Listed on: 06/10/2012

Last Buyer's Agent

Stuart Varvil

Varvil Real Estate Listed on: 06/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1929

Lot Details

  • 2 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Combination Kitchen and Dining Room
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Quitman Elementary And Middle School
  • Quitman High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Termite Company: hopper
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 936
  • Bedrooms: 2
  • Floors: Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Stories: One Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Utilities

  • Utilities: Gas-Natural, Water-Public
  • Heat Air: Space Heater-Gas, Window Units

Schools

  • Junior High: Quitman

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2 acres
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 300

MLS Schools

  • Elementary School: Quitman
  • HighSchool: Quitman
  • Middle School: Quitman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2012
Closed on
Apr 18, 2013
Sold by
Maxson Mary and Estate Of Rachel Hassell
Bought by
Edwards Randy and Edwards Susanna
Seller's Agent
Stuart Varvil
Varvil Real Estate
Buyer's Agent
Stuart Varvil
Varvil Real Estate
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%
Current Estimated Value
$131,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,195
Avg. Annual Appreciation
18.48%
Original Mortgage
$20,000
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 26, 2010
Sold by
Hassell Rachel Middleton and Estate Of Edward Smith Middlet
Bought by
Hassell Rachel Middleton

Purchase Details

Closed on
Jan 1, 1982
Bought by
Middleton E S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Edwards Randy $15,000 None Available
Hassell Rachel Middleton -- --
Middleton E S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edwards Randy $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2013 04/18/13 Sold $15,000 -57.1% $16 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
06/10/2012 06/10/12 For Sale $35,000 -- $37 / 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 -- $14,209 $6,024 $8,185
2024 -- $11,983 $6,024 $5,959
2023 $0 $11,983 $6,024 $5,959
2022 $349 $11,983 $6,024 $5,959
2021 $0 $6,969 $2,510 $4,459
2020 $0 $6,969 $2,510 $4,459
2019 $0 $6,969 $2,510 $4,459
2018 $0 $6,969 $2,510 $4,459
2017 $0 $6,969 $2,510 $4,459
2016 -- $6,419 $2,559 $3,860
2015 -- $6,419 $2,559 $3,860
2014 -- $6,419 $2,559 $3,860
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stuart Varvil

    Varvil Real Estate

See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10320282

Cooperative Arkansas REALTORS® MLS

APN: 500-00427-000

Arkansas Cleburne County Quitman 72131

55 Locust St, Quitman, AR

Not Listed for Sale

Detached

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