NOT LISTED FOR SALE

55 Rivers Edge Cove Heber Springs, AR 72543

Estimated Value: $243,864 - $417,000

3 Beds
2 Baths
1,362 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $225,000 $165 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,104/month

186 Days on Market

Highlights

  • Boat Dock
  • Cabana
  • Mountain View
  • Boat Slip
  • Gated Community
  • Deck

About This Home

As of February 2020

Fully furnished 3 bedroom 2 bath home in a zero maintenance subdivision in Rivers Edge. Gated entry, community swimming pool, common areas, paved roads, private sewer system, city water, all utilities are buried! Community river boat dock & mountain views! Home has granite and stainless steel appliances. This home sits on a corner lot.

Last Agent to Sell the Property

Melissa Woodson

McKenzie Realty Group Listed on: 07/29/2019

Last Buyer's Agent

Mark McKenzie

McKenzie Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 2009

Lot Details

  • 0.5 Acre Lot
  • Private Streets
  • Wrought Iron Fence
  • Corner Lot
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Window Treatments
  • Formal Dining Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 2 Car Garage
  • Parking Pad

Pool

  • Cabana
  • Heated In Ground Pool
  • Screened Spa

Outdoor Features

  • Boat Slip
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Satellite Dish

Community Details

Recreation

  • Boat Dock

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 2009

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Deck, Porch, Inground Pool, Guttering, Cabana/Pool House, Enclosed Pool, Heated Pool, Iron Fence
  • LVT Date: 07/30/2019
  • Price Per Sq Ft: 165.2
  • Road Surface: Gravel
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Woodburning-Site-Built, Gas Starter
  • Bedrooms: Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1362
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer-Stays, Dryer-Stays, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Security System, Window Treatments, Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock, Vault Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Metal
  • Waterfront: Dock Community, Boat Slip

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Gated Entrance
  • Condo Association Fee: Dock Maintenance, Private Roads, Termite Contract
  • Condo Association Fee: 100
  • Frequency: Monthly

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: .50
  • Lot: Level, Corner Lot, In Subdivision, Mountain View
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Memphis City Employees Credit Union
Bought by
Fik Jeffrey J and Fik Katharine O
Current Estimated Value
$346,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,470
Outstanding Balance
$134,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,330

Purchase Details

Listed on
Jul 29, 2019
Closed on
Feb 10, 2020
Sold by
Shearon M Wayne M and Shearon Sarah O
Bought by
Fik Jeffrey J and Fik Katharine O
Seller's Agent
Melissa Woodson
McKenzie Realty Group
Buyer's Agent
Mark McKenzie
McKenzie Realty Group
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$180,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Smith Jerry Scott and Smith Celena K
Bought by
Shearon M Wayne and Shearon Sarah O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Pmd Resources Llc
Bought by
Smith Jerry Scott and Smith Celena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.11%
Mortgage Type
New Conventional
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
Fik Jeffrey J -- None Listed On Document
Fik Jeffrey J $225,000 General Land & Title Svcs
Shearon M Wayne $230,000 Dalco Closing & Title
Smith Jerry Scott $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fik Jeffrey J $209,470
Previous Owner Fik Jeffrey J $193,600
Previous Owner Fik Jeffrey J $180,000
Previous Owner Shearon M Wayne $207,000
Previous Owner Smith Jerry Scott $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $225,000 0.0% $165 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/30/2020 01/30/20 Off Market $225,000 -- --
09/06/2019 09/06/19 Price Changed $229,900 -6.1% $169 / Sq Ft
08/07/2019 08/07/19 Price Changed $244,900 -7.6% $180 / Sq Ft
07/29/2019 07/29/19 For Sale $264,900 -- $194 / 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 $1,364 $36,001 $6,000 $30,001
2023 $1,364 $36,001 $6,000 $30,001
2022 $1,364 $36,001 $6,000 $30,001
2021 $992 $26,178 $4,000 $22,178
2020 $916 $24,178 $2,000 $22,178
2019 $916 $24,178 $2,000 $22,178
2018 $916 $24,178 $2,000 $22,178
2017 $1,371 $36,178 $14,000 $22,178
2016 $1,401 $36,975 $14,000 $22,975
2015 $1,401 $36,975 $14,000 $22,975
2014 $1,401 $36,975 $14,000 $22,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19024660

Cooperative Arkansas REALTORS® MLS

APN: 002-07890-001