5554 Heber Springs Rd W Quitman, AR 72131
Estimated payment $750/month
Highlights
- Very Popular Property
- Main Floor Primary Bedroom
- Porch
- Traditional Architecture
- Home Office
- Eat-In Kitchen
About This Home
Investment Opportunity! This property features two income-producing homes. The first is a 2-bedroom, 1-bath home with a bonus room that could serve as a third bedroom. Currently rented at $700/month, it offers great potential with some updating. The second home is a 1-bedroom, 1-bath unit that has been well maintained and recently updated, bringing in $300/month in rental income. Both homes sit on one property, making this an excellent choice for investors or buyers seeking a multi-unit opportunity. Live in one and rent the other, or lease both and generate steady cash flow!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $702
Year Built
- Built in 1950
Lot Details
- 1 Acre Lot
- Partially Fenced Property
- Level Lot
Home Design
- Traditional Architecture
- Split Level Home
- Slab Foundation
- Composition Roof
- Metal Siding
Interior Spaces
- 1,170 Sq Ft Home
- Fireplace With Gas Starter
- Combination Kitchen and Dining Room
- Home Office
- Luxury Vinyl Tile Flooring
- Crawl Space
- Laundry Room
Kitchen
- Eat-In Kitchen
- Stove
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
- Walk-in Shower
Outdoor Features
- Porch
Utilities
- Space Heater
- Co-Op Electric
- Septic System
Map
Home Values in the Area
Average Home Value in this Area
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 | $702 | $15,603 | $2,400 | $13,203 |
| 2023 | $702 | $15,603 | $2,400 | $13,203 |
| 2022 | $702 | $15,603 | $2,400 | $13,203 |
| 2021 | $404 | $8,964 | $1,000 | $7,964 |
| 2020 | $404 | $8,964 | $1,000 | $7,964 |
| 2019 | $382 | $8,964 | $1,000 | $7,964 |
| 2018 | $381 | $8,964 | $1,000 | $7,964 |
| 2017 | $446 | $10,492 | $2,528 | $7,964 |
| 2016 | $445 | $10,461 | $2,760 | $7,701 |
| 2015 | $445 | $10,461 | $2,760 | $7,701 |
| 2014 | $445 | $10,461 | $2,760 | $7,701 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $125,000 | +71.2% | $107 / Sq Ft |
| 01/22/2021 01/22/21 | Sold | $73,000 | 0.0% | $38 / Sq Ft |
| 01/08/2021 01/08/21 | For Sale | $73,000 | +62.2% | $38 / Sq Ft |
| 08/30/2018 08/30/18 | Sold | $45,000 | -18.2% | $24 / Sq Ft |
| 06/24/2018 06/24/18 | Price Changed | $55,000 | -15.4% | $29 / Sq Ft |
| 04/27/2018 04/27/18 | For Sale | $65,000 | +44.4% | $34 / Sq Ft |
| 04/23/2018 04/23/18 | Off Market | $45,000 | -- | -- |
| 03/30/2018 03/30/18 | Price Changed | $65,000 | -3.0% | $34 / Sq Ft |
| 03/07/2018 03/07/18 | Price Changed | $67,000 | -8.2% | $35 / Sq Ft |
| 02/17/2018 02/17/18 | Price Changed | $73,000 | -2.7% | $38 / Sq Ft |
| 12/28/2017 12/28/17 | Price Changed | $75,000 | -15.7% | $39 / Sq Ft |
| 11/26/2017 11/26/17 | For Sale | $89,000 | +97.8% | $47 / Sq Ft |
| 11/17/2017 11/17/17 | Off Market | $45,000 | -- | -- |
| 10/17/2017 10/17/17 | Price Changed | $89,000 | -3.3% | $47 / Sq Ft |
| 07/19/2017 07/19/17 | Price Changed | $92,000 | -9.8% | $48 / Sq Ft |
| 07/13/2017 07/13/17 | Price Changed | $102,000 | -6.4% | $54 / Sq Ft |
| 06/16/2017 06/16/17 | For Sale | $109,000 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $73,000 | First National Title Company | |
| Warranty Deed | $45,000 | General Land & Title Service | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $16,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $33,700 | Credit Line Revolving | |
| Previous Owner | $36,000 | Future Advance Clause Open End Mortgage |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25026680
APN: 500-00370-000
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