NOT LISTED FOR SALE

552 Highway 285 N Damascus, AR 72039

Estimated Value: $57,000 - $163,000

2 Beds
1 Bath
624 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $42,000 $67 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $592/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Greenbrier Wooster Elementary School Rated A
  • Great Room
  • 1-Story Property

About This Home

As of January 2024

Sold before Listed

Last Agent to Sell the Property

Coy Stewart

Moore and Company Realtors - Conway Listed on: 12/20/2023

Last Buyer's Agent

Coy Stewart

Moore and Company Realtors - Conway Listed on: 12/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1946

Lot Details

  • 2

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2 Acre Lot
  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 02/01/2024
  • Price Per Sq Ft: 67.31
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 624
  • Bedrooms: 2
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Great Room
  • Stories: One Story

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Composition

Utilities

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

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2.0 acrea
  • Lot: Not In Subdivision

Tax Info

  • Annual Taxes: 523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 31, 2024
Sold by
Rambin Robert L and Rambin Barbara J
Bought by
Tads Investments Llc
Seller's Agent
Coy Stewart
Moore and Company Realtors - Conway
Buyer's Agent
Coy Stewart
Moore and Company Realtors - Conway
List Price
$50,000
Sold Price
$42,000
Premium/Discount to List
-$8,000
-16%
Views
1
Current Estimated Value
$100,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,595
Avg. Annual Appreciation
71.11%
Original Mortgage
$60,000
Outstanding Balance
$47,714
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$51,477

Purchase Details

Closed on
Oct 4, 2005
Bought by
Rambin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,850
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Dickerson Nancy Mallett and Dickerson William Stanley
Bought by
Rambin Robert L and Rambin Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,850
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Bought by
Water Line Esmnt Damascus

Purchase Details

Closed on
Apr 11, 1991
Bought by
30 Acres
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
Tads Investments Llc $42,000 Lenders Title Company
Rambin $47,000 --
Rambin Robert L $47,000 Conway Title Services Inc
Rambin $47,000 --
Water Line Esmnt Damascus -- --
30 Acres $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tads Investments Llc $60,000
Previous Owner Rambin $41,850
Previous Owner Rambin $41,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $42,000 -16.0% $67 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $50,000 -- $80 / 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 $576 $15,800 $4,020 $11,780
2023 $523 $10,880 $4,020 $6,860
2022 $523 $10,880 $4,020 $6,860
2021 $483 $10,880 $4,020 $6,860
2020 $442 $8,180 $2,030 $6,150
2019 $442 $8,180 $2,030 $6,150
2018 $442 $8,180 $2,030 $6,150
2017 $442 $8,180 $2,030 $6,150
2016 $442 $8,180 $2,030 $6,150
2015 $379 $8,190 $2,040 $6,150
2014 $419 $8,190 $2,040 $6,150
Source: Public Records

Agents Affiliated with this Home

  • Coy Stewart

    Seller's Agent in 2024

    Coy Stewart

    Moore and Company Realtors - Conway

    (501) 339-7957

    96 Total Sales

    Coy Stewart
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24003203

Cooperative Arkansas REALTORS® MLS

APN: 001-13500-000

Arkansas Faulkner County Damascus 72039

552 Highway 285 N, Damascus, AR

This home is located at 552 Highway 285 N, Damascus, AR 72039 since 20 December 2023 and is currently estimated at $100,595, approximately $161 per square foot. This property was built in 1946. 552 Highway 285 N is a home located in Faulkner County with nearby schools including Greenbrier Wooster Elementary School, Greenbrier Junior High School, and Greenbrier 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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