NOT LISTED FOR SALE

603 Walnut St Newport, AR 72112

Estimated Value: $83,000 - $112,000

3 Beds
2.5 Baths
3,038 Sq Ft
$32/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $26,101 $9 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $550/month

200 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Den
  • Main Floor Primary Bedroom
  • Two Living Areas
  • Workshop

About This Home

As of November 2017

Spacious 3 bedroom & 2.5 bath home with 2 living areas, sunroom, formal dining room, and kitchen with lots of cabinet & counter space. HUD Case #031-289399. Agents/purchasers refer to www.chronossolutions.com & HUDHomestore.com for info on buying and bidding on HUD homes. HUD-owned homes are sold AS-IS. HUD is extending the $100 down program through the month of July. Bids must be accepted during the month of July. Contracts can be finalized after July 31st. Bids do not have to be full priced offers, however must meet sellers defined percentages of acceptance. Available for Owner Occupants only with FHA-insured loans IN, IE, 203k. Agents - see HUDHomestore.com for needed forms & documents. Seller will bring past due taxes up to date and will prorate current year taxes but they will not pay any other type of closing costs including title search, title policy, their own closing fee, etc however owner occupant buyers can request up to 3% to be paid by HUD. Further, HUD will pay no closing costs at all when an investor is the buyer, and in the event where an investor is acting as their own broker, no commission and/or closing costs will be paid by HUD. Repair escrow, when applicable, is to be determined by the underwriting mortgagee, per HUD Handbook 4000.1 and ML 2015-17.

Last Agent to Sell the Property

Rick McKenzie

CRYE-LEIKE, REALTORS Jonesboro License #00055712 Listed on: 03/10/2017

CRYE-LEIKE, REALTORS Jonesboro

Last Buyer's Agent

Rick McKenzie

CRYE-LEIKE, REALTORS Jonesboro License #00055712 Listed on: 03/10/2017

CRYE-LEIKE, REALTORS Jonesboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1945

Lot Details

  • 0.29 Acre Lot
  • Sloped Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,038 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Two Living Areas
  • Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

  • Newport Elementary And Middle School

Listing and Financial Details

  • Assessor Parcel Number 013-01601-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story, 2 Story
  • Additional Remarks: Agents - see HUDHomestore.com for needed forms & documents. Seller will bring past due taxes up to date and will prorate current year taxes but they will not pay any other type of closing costs including title search, title policy, their own closing fee, etc however owner occupant buyers can request up to 3% to be paid by HUD. Further, HUD will pay no closing costs at all when an investor is the buyer, and in the event where an investor is acting as their own broker, no commission and/or closing costs will be paid by HUD. Repair escrow, when applicable, is to be determined by the underwriting mortgagee, per HUD Handbook 4000.1 and ML 2015-17.
  • Legal Description: 1/2 of Lot 14 of Block 1, Watson's Addt. to the city of Newport, Jackson Co., AR.
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Ceiling Fan(s)
  • Appliances: Countertop Electric, Double Oven, Dishwasher Built-In, Refrigerator
  • Fireplace: Yes
  • Fireplace Features: One
  • Bedrooms: 3
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Upper
  • Bedroom 3: Yes
  • Bedroom 3 Level: Upper
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 3.00
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Laundry Room: Yes
  • Laundry Room Comments: Main Level
  • Dining Room: Yes
  • Dining Room Comments: With Built-ins
  • Kitchen: Yes
  • Kitchen Comments: Lots of cabinets
  • Sun Room: Yes
  • Sunroom Comments: With Built-ins
  • Workshop: Yes
  • Workshop Comments: With half bath
  • Living Room: Yes
  • Living Room Comments: Wood flooring
  • Second Living Room: Yes
  • Second Living Area Comments: Upper Level
  • Additional Room: Yes
  • Additional Rooms: Den/Study, Other, Sun Room
  • Price Per Square Foot: 8.59
  • Square Footage: 3038.0

Exterior Features

  • Exterior: Brick
  • Flood Zone: Unknown
  • Roof: 3-Tab Shingles
  • Exterior Amenities: Deck, Paved Streets, Porch, Workshop

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Garage-Attached

Utilities

  • Electric Features: Entergy
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Newport
  • Middle School: Newport

Lot Info

  • Acres: 0.2900
  • Lot Measurement: A
  • Lot Size Sq Ft: 12632.00
  • Price Per Acre: 90003.45
  • Lot Description: Sloping

Building Info

  • Year Built: 1945

Tax Info

  • Assessor Parcel Number: 013-01601-000

MLS Schools

  • Elementary School: Newport
  • Jr High School: Newport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2025
Sold by
Regions Bank
Bought by
Mack K Investments Llc
Current Estimated Value
$97,765

Purchase Details

Listed on
Mar 10, 2017
Closed on
Nov 27, 2017
Sold by
Secretary Of Hud
Bought by
Mark K Investments Llc
Seller's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
Buyer's Agent
Rick McKenzie
CRYE-LEIKE, REALTORS Jonesboro
List Price
$63,000
Sold Price
$26,101
Premium/Discount to List
-$36,899
-58.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$56,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2016
Sold by
Cumming Chad
Bought by
Secretary Of United States Hud

Purchase Details

Closed on
Dec 6, 1996
Bought by
Gardner Robert L and Betty Ann
Source: Public Records

Range of Values:

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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
Mack K Investments Llc $39,000 Professional Land Title
Mark K Investments Llc $56,000 None Available
Secretary Of United States Hud -- None Available
Gardner Robert L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mark K Investments Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $26,101 +0.4% $9 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/15/2017 09/15/17 Price Changed $26,000 -48.4% $9 / Sq Ft
08/31/2017 08/31/17 Price Changed $50,400 -11.1% $17 / Sq Ft
07/28/2017 07/28/17 Price Changed $56,700 -10.0% $19 / Sq Ft
07/19/2017 07/19/17 For Sale $63,000 0.0% $21 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $63,000 0.0% $21 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $63,000 -- $21 / Sq Ft
Source: Northeast Arkansas 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 $391 $11,460 $300 $11,160
2023 $356 $9,430 $300 $9,130
2022 $348 $9,430 $300 $9,130
2021 $318 $9,430 $300 $9,130
2020 $295 $9,430 $300 $9,130
2019 $272 $9,430 $300 $9,130
2018 $233 $4,560 $300 $4,260
2017 $233 $4,560 $300 $4,260
2015 -- $4,560 $300 $4,260
2014 -- $5,360 $300 $5,060
2013 -- $6,680 $400 $6,280
2012 -- $6,680 $400 $6,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10068777

Northeast Arkansas Board of REALTORS®

APN: 013-01601-000