NOT LISTED FOR SALE

6550 Heber Springs Rd N Drasco, AR 72530

Estimated Value: $74,000 - $128,000

2 Beds
1 Bath
825 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $40,000 $48 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $588/month

19 Days on Market

Highlights

  • Lakefront Common Area
  • Laundry Room
  • Combination Kitchen and Dining Room
  • Stream or River on Lot
  • 1-Story Property
  • 4 Car Garage

About This Home

As of February 2016

Home on 3.3 acres. 2 bed 1 bath built in 1942. Needs to be fixed up. Mobile home will not stay with the property. Nice flat land with 3 out buildings on it. 2 septic systems on the property. This is a AS-IS place no repairs or termite policy.

Last Agent to Sell the Property

David Carlton

Carlton Lake Realty Listed on: 12/18/2015

Last Buyer's Agent

David Carlton

Carlton Lake Realty Listed on: 12/18/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1942

Lot Details

  • 3.3 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot

Parking

  • 4 Car Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Electric Range
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot
  • Lakefront Common Area

Schools

  • Concord Elementary And Middle School
  • Concord High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Co-Op Electric
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Fixer-Upper
  • LVT Date: 12/22/2015
  • Price Per Sq Ft: 48.48
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 825
  • Bedrooms: 2
  • Floors: Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 1
  • Kitchen Equip: Electric Range, Pantry
  • Other Rooms: Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Rock & Frame, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Four Car Or More

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Window Units, Space Heater-Gas

Schools

  • Elementary School: Concord
  • Middle School: Concord
  • High School: Concord
  • Junior High: Concord

Lot Info

  • Estimated Lot Size: 3.3
  • Estimated Lot Size: 3.3
  • Lot: Level, Rural Property, Resort Property, Cleared, Not In Subdivision, River/Lake Area, Common To Lake
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 350

MLS Schools

  • Elementary School: Concord
  • HighSchool: Concord
  • Middle School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 3, 2016
Sold by
Clements Sharon
Bought by
Lusteldt Martha
Seller's Agent
David Carlton
Carlton Lake Realty
Buyer's Agent
David Carlton
Carlton Lake Realty
List Price
$47,000
Sold Price
$40,000
Premium/Discount to List
-$7,000
-14.89%
Current Estimated Value
$101,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,152
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Jun 12, 2000
Bought by
Poole, Melvin Trust

Purchase Details

Closed on
Sep 1, 1986
Bought by
Poole Melvin and Poole Fayotta G
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
Lusteldt Martha $40,000 Core Title
Poole, Melvin Trust -- --
Poole Melvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelison Hunter $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $40,000 -14.9% $48 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $47,000 -- $57 / 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 $440 $11,307 $3,330 $7,977
2023 $388 $11,367 $3,330 $8,037
2022 $355 $11,367 $3,330 $8,037
2021 $323 $7,750 $1,998 $5,752
2020 $323 $7,750 $1,998 $5,752
2019 $323 $7,750 $1,998 $5,752
2018 $323 $7,750 $1,998 $5,752
2017 $323 $7,750 $1,998 $5,752
2016 $323 $8,501 $1,998 $6,503
2015 $319 $7,650 $1,998 $5,652
2014 $319 $7,650 $1,998 $5,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15035611

Cooperative Arkansas REALTORS® MLS

APN: 001-04430-000