NOT LISTED FOR SALE

5620 E Broad St Texarkana, AR 71854

Estimated Value: $81,000 - $132,000

2 Beds
1 Bath
1,854 Sq Ft
$55/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $60,000 $32 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $542/month

74 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Formal Dining Room
  • No HOA
  • Workshop
  • 2 Car Detached Garage

About This Home

As of January 2022

Attention Investors!!! So much potential with this home located inside the city limits of Arkansas!!! This 2BR/1BA house with 2 living areas sits on almost one acre and could easily be zoned commercial. New roof and decking 2-3 years ago. The 2 car carport was enclosed for more space that would be perfect for guest quarters or a workshop. There is a detached 2 car garage behind the home, as well as a portable storage building. Come see all this property has to offer!

Last Agent to Sell the Property

Jennifer Jones

NextHome Realty Advisors License #AR SA00080921 TX 681294 Listed on: 10/16/2021

NextHome Realty Advisors

Last Buyer's Agent

Jennifer Jones

NextHome Realty Advisors License #AR SA00080921 TX 681294 Listed on: 10/16/2021

NextHome Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72

Year Built

  • Built in 1984

Lot Details

  • 0.97 Acre Lot

Home Design

  • Architectural Shingle Roof
  • Shingle Siding
  • Siding
  • Pier And Beam

Interior Spaces

  • 1,854 Sq Ft Home
  • Property has 1 Level
  • Sheet Rock Walls or Ceilings
  • Wood Burning Fireplace
  • Formal Dining Room
  • Workshop
  • Utility Room
  • Laundry Room
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Well
  • Electric Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association
  • 03 15S 28W Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00184401

Home Details

Home Type

Single Family

Est. Annual Taxes

$72

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Age: 26-40 Yrs
  • Floors: Vinyl, Wood Laminte
  • Latent Defects: None Disclosed
  • Number Of Levels: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher
  • Number Of Fireplaces: 1
  • Fireplace Present: Yes
  • Interior Amenities: Wired for Network, Sheet Rock Walls
  • Fireplaces: Wood Burning, Gas Log-Vented
  • Bathroom Description: Shower/Tub Combo
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Sq Ft Range: 1501-2000
  • Estimated Heated Cooled Sq Ft: 1854
  • Dining Area: Formal Only
  • Living Area: Two Living

Exterior Features

  • Exterior Amenities: Covered Patio, Storage, Out Building, Outside Lighting
  • Outbuildings: Storage Buildings, Workshop
  • Pool: No
  • Roof: Architectural Shingles

Garage/Parking

  • Driveway: Gravel
  • Garage: Detached
  • Parking Capacity: 2 Car Garage Detached
  • Parking Type: Detached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Space Heater
  • Utilities: Electric-AEP-Swepco, Gas-Summit Utilties, Conventional Septic, City Water, Well
  • Utility Laundry: Inside Room, Washer Connection
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Fee: No

Schools

  • School District: Texarkana AR

Lot Info

  • Estimated Lot Size: 0.5-1.0
  • Estimated Number of Acres: 0.97
  • Geo Address Line: 5620 E Broad St
  • Geo Longitude: -93.978246
  • Geo Primary City: Texarkana
  • Geo Quality: 0.95

Building Info

  • Construction: Siding, Pier/Beam
  • Year Built: 1984

Tax Info

  • Assessor Parcel Number: 00184401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Jan 28, 2022
Sold by
Steven Lacefield Randy
Bought by
Dearborn Richard Dale
Seller's Agent
Jennifer Jones
NextHome Realty Advisors
Buyer's Agent
Jennifer Jones
NextHome Realty Advisors
List Price
$59,000
Sold Price
$60,000
Premium/Discount to List
$1,000
1.69%
Current Estimated Value
$101,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,739
Avg. Annual Appreciation
15.12%
Original Mortgage
$58,200
Outstanding Balance
$53,823
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$47,916

Purchase Details

Closed on
May 16, 2019
Sold by
Lacefield Gene and Lacefield Clara
Bought by
Lacefield Randy Steven

Purchase Details

Closed on
Oct 2, 2007
Sold by
Hewitt Lee E
Bought by
Lacefield Gene and Lacefield Clara

Purchase Details

Closed on
Oct 8, 2004
Bought by
Lacefield Bobby W

Purchase Details

Closed on
Sep 11, 1998
Bought by
Lacefield Bobby W

Purchase Details

Closed on
Jul 1, 1989
Bought by
Lacefield Gene and Lacefield Clara
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
Dearborn Richard Dale $198 Langdon And Davis
Lacefield Randy Steven -- None Available
Lacefield Gene -- None Available
Lacefield Bobby W -- --
Lacefield Bobby W $45,000 --
Lacefield Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearborn Richard Dale $58,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $60,000 +1.7% $32 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $59,000 -- $32 / Sq Ft
Source: Texarkana Board of REALTORS®

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 $72 $8,660 $2,800 $5,860
2023 $50 $8,660 $2,800 $5,860
2022 $100 $8,660 $2,800 $5,860
2021 $475 $8,660 $2,800 $5,860
2020 $475 $8,660 $2,800 $5,860
2019 $525 $9,570 $4,200 $5,370
2018 $787 $14,330 $4,200 $10,130
2017 $814 $14,820 $4,200 $10,620
2016 $814 $14,820 $4,200 $10,620
2015 $814 $14,820 $4,200 $10,620
2014 $827 $15,070 $4,200 $10,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Texarkana Board of REALTORS®

MLS Number: 108053

Texarkana Board of REALTORS®

APN: 00184401