NOT LISTED FOR SALE

55 Valley Ln Heber Springs, AR 72543

Estimated Value: $253,000 - $378,000

2 Beds
1 Bath
960 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $224,000 $233 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,925/month

11 Days on Market

Highlights

  • River View
  • A-Frame Home
  • Pond
  • 3 Acre Lot
  • Wood Burning Stove
  • Main Floor Primary Bedroom

About This Home

As of October 2016

A peaceful retreat located on the Little Red River, sitting on 3 lots, secluded at the end of Valley Lane. The cabin has 1 bedroom and bath downstairs and a loft/bedroom upstairs. You will enjoy sitting and relaxing on the deck, with river front view. The private dock has storage and sitting area. A separate building, with a screened-in porch, provides another area for entertaining. There is access to a small pond on one side of the property.

Last Agent to Sell the Property

Kimberly Ward

RE/MAX Elite Conway Branch Listed on: 08/27/2016

RE/MAX Elite Conway Branch

Last Buyer's Agent

Kimberly Ward

RE/MAX Elite Conway Branch Listed on: 08/27/2016

RE/MAX Elite Conway Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1988

Lot Details

  • 3 Acre Lot
  • River Front

Parking

  • Carport

Home Design

  • A-Frame Home
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Open Floorplan
  • Carpet
  • River Views

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Pond
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002-07363-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage, A-Frame
  • LVT Date: 08/28/2016
  • Price Per Sq Ft: 233.33
  • River: Yes
  • River Name: Little Red River (Arkansas)
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Stove
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 960
  • Bedrooms: 2
  • Floors: Carpet
  • Foundation: Slab
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Stories: 1.5 Story

Exterior Features

  • Exterior: Frame
  • Roof: Metal

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Water-Public
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 3
  • Estimated Lot Size: 3 acres +/-
  • Lot: River Front, River View, Pond
  • Geo Subdivision: AR
  • Parcel Number: 002-07363-000

Tax Info

  • Annual Taxes: 1653.05
  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Brice Properties Inc
Bought by
Brice Jody Lynne
Current Estimated Value
$324,117

Purchase Details

Listed on
Aug 27, 2016
Closed on
Oct 7, 2016
Sold by
Ward Dustin and Ward Anita
Bought by
Brice Properties Inc
Seller's Agent
Kimberly Ward
RE/MAX Elite Conway Branch
Buyer's Agent
Kimberly Ward
RE/MAX Elite Conway Branch
List Price
$245,000
Sold Price
$224,000
Premium/Discount to List
-$21,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$179,200
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 3, 2015
Closed on
Sep 1, 2015
Sold by
Hoover Elvin Ray and Hoover Annetta M
Bought by
Ward Dustin and Ward Anita
Seller's Agent
Boyd Anderson
Crye*Leike Brock Real Estate
Buyer's Agent
Kimberly Ward
RE/MAX Elite Conway Branch
List Price
$269,000
Sold Price
$220,000
Premium/Discount to List
-$49,000
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$176,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1997
Bought by
Hoover Elvin Ray and Hoover Annetta M

Purchase Details

Closed on
Mar 1, 1981
Bought by
Williams Thomas E and Williams Arbara
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
Brice Jody Lynne -- Accommodation
Brice Properties Inc $224,000 General Land Title Services
Ward Dustin $220,000 General Land & Title Svcs
Hoover Elvin Ray $108,000 --
Williams Thomas E $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brice Properties Inc $179,200
Previous Owner Ward Dustin $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $224,000 -8.6% $233 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $245,000 +11.4% $255 / Sq Ft
08/31/2015 08/31/15 Sold $220,000 -18.2% $231 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $269,000 -- $283 / 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 $2,075 $54,741 $40,000 $14,741
2023 $2,075 $54,741 $40,000 $14,741
2022 $2,034 $54,741 $40,000 $14,741
2021 $1,849 $48,786 $40,000 $8,786
2020 $1,849 $48,786 $40,000 $8,786
2019 $1,849 $48,786 $40,000 $8,786
2018 $1,849 $48,786 $40,000 $8,786
2017 $1,825 $48,786 $40,000 $8,786
2016 $1,653 $43,616 $35,000 $8,616
2015 $1,653 $43,616 $35,000 $8,616
2014 $1,653 $43,616 $35,000 $8,616
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Ward

    Seller's Agent in 2016

    Kimberly Ward

    RE/MAX

    (501) 514-1502

    65 Total Sales

    Kimberly Ward
    Section Image
  • Boyd Anderson

    Seller's Agent in 2015

    Boyd Anderson

    Crye-Leike

    (800) 615-5868

    64 in this area

    100 Total Sales

    Boyd Anderson
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16025736

Cooperative Arkansas REALTORS® MLS

APN: 002-07363-000

Arkansas Cleburne County Heber Springs 72543

55 Valley Ln, Heber Springs, AR

This home is located at 55 Valley Ln, Heber Springs, AR 72543 since 27 August 2016 and is currently estimated at $324,117, approximately $337 per square foot. This property was built in 1988. 55 Valley Ln 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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