NOT LISTED FOR SALE

603 N Locust St Searcy, AR 72143

Estimated Value: $88,000 - $102,000

2 Beds
1 Bath
816 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 06, 2014

Last sale price $16,000 $20 Per Sq Ft

Est. 491% increase in value since last sale

Current estimated payment $558/month

89 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Bungalow
  • Southwest Middle School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2014

Small house close into town and within walking distance to Harding University. This is a FannieMae HomePath property. Offers are made at Homepath.com. Required paper work with offer is state contract, FannieMae addendum, and Buyer's Occupancy Certificate.

Last Listed By

Barbara Duncan

RE/MAX Advantage Listed on: 10/24/2013

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $263

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 016-00363-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$263

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • Price Per Sq Ft: 19.61
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1950
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 816
  • Bedrooms: 2
  • Floors: Wood, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Utilities

  • Utilities: Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Window Units, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 43x158
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 016-00363-000

Tax Info

  • Annual Taxes: 263.09
  • Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Feb 4, 2014
Sold by
Federal National Mortgage Association
Bought by
Piker John D and Piker Sarah J
Seller's Agent
Barbara Duncan
RE/MAX Advantage
Buyer's Agent
Barbara Duncan
RE/MAX Advantage
List Price
$26,500
Sold Price
$16,000
Premium/Discount to List
-$10,500
-39.62%
Total Days on Market
89
Current Estimated Value
$94,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,634

Purchase Details

Closed on
Nov 13, 1996
Bought by
Black Michael E and Black Kimberly J

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
Piker John D -- Commerce Title & Closing Svc
Black Michael E $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Michael E $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2014 02/06/14 Sold $16,000 -39.6% $20 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $26,500 -- $32 / 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 $335 $9,770 $1,050 $8,720
2023 $311 $9,770 $1,050 $8,720
2022 $287 $9,770 $1,050 $8,720
2021 $263 $9,770 $1,050 $8,720
2020 $240 $5,900 $820 $5,080
2019 $240 $5,900 $820 $5,080
2018 $240 $5,900 $820 $5,080
2017 $240 $5,900 $820 $5,080
2016 $240 $5,900 $820 $5,080
2015 $263 $6,480 $1,680 $4,800
2014 -- $6,480 $1,680 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10367874

Cooperative Arkansas REALTORS® MLS

APN: 016-00363-000