NOT LISTED FOR SALE

6650 Heber Spring Rd Drasco, AR 72530

Estimated Value: $42,972 - $151,000

1.2 Acres
$80,411 Price per Acre
52,272 Sq Ft Lot

Last Sold November 04, 2016

Last sale price $45,000

Est. 114% increase in value since last sale

Current estimated payment $518/month

33 Days on Market

About This Lot

As of November 2016

1.2 acre property on the main road in Drasco. Close to Dollar General and Gas Stations. Level land with old house that will convey.

Last Agent to Sell the Property

Sharon Carlton

Carlton Lake Realty Listed on: 09/02/2016

Last Buyer's Agent

Rachel Mitchum

Mitchum Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $92

Lot Details

  • 1.2 Acre Lot
  • Property fronts a highway
  • Rural Setting
  • Level Lot

Schools

  • Concord Elementary School
  • Concord High School

Utilities

  • Co-Op Electric

Property Details

Property Type

Land

Est. Annual Taxes

$92

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 09/22/2016
  • Price Per Sq Ft: 37500
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Residential Lot
  • Price Per Acre: 65833.33
  • Sold Price Per Acre: 37500
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: U.S. Highway

Utilities

  • Utilities: Some Util Avl-Not On Prop, Electric-Co-Op

Schools

  • Elementary School: Concord
  • High School: Concord

Lot Info

  • Estimated Lot Size: 1.2
  • Estimated Lot Size: 1.2
  • Lot: Level, Rural Property
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 68.05

MLS Schools

  • Elementary School: Concord
  • HighSchool: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 4, 2016
Sold by
Byrd Luann and Opal Maxine Spinks Living Trus
Bought by
Lytle William M and Lytle William M
Seller's Agent
Sharon Carlton
Carlton Lake Realty
Buyer's Agent
Rachel Mitchum
Mitchum Properties
List Price
$79,000
Sold Price
$45,000
Premium/Discount to List
-$34,000
-43.04%
Current Estimated Value
$96,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,493
Avg. Annual Appreciation
8.89%
Original Mortgage
$45,000
Outstanding Balance
$28,892
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$67,601

Purchase Details

Closed on
Nov 24, 2015
Bought by
Spinks Opal Maxine Living Trust
Source: Public Records

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
Lytle William M $45,000 None Available
Spinks Opal Maxine Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lytle William M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $45,000 -43.0% --
10/05/2016 10/05/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $79,000 -- --
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 $92 $2,112 $1,200 $912
2023 $82 $2,112 $1,200 $912
2022 $75 $2,112 $1,200 $912
2021 $68 $1,632 $720 $912
2020 $68 $1,632 $720 $912
2019 $68 $1,632 $720 $912
2018 $68 $1,632 $720 $912
2017 $68 $1,632 $720 $912
2016 $68 $1,632 $720 $912
2015 $68 $1,632 $720 $912
2014 $121 $2,911 $720 $2,191
Source: Public Records

Agents Affiliated with this Home

  • Sharon Carlton

    Seller's Agent in 2016

    Sharon Carlton

    Carlton Lake Realty

    (501) 250-6662

    14 Total Sales

    Sharon Carlton
    Section Image
  • Rachel Mitchum

    Buyer's Agent in 2016

    Rachel Mitchum

    Mitchum Properties

    (501) 270-0659

    64 Total Sales

    Rachel Mitchum
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16028264

Cooperative Arkansas REALTORS® MLS

APN: 001-04425-000

Arkansas Cleburne County Drasco 72530

6650 Heber Spring Rd, Drasco, AR

This home is located at 6650 Heber Spring Rd, Drasco, AR 72530 since 02 September 2016 and is currently estimated at $96,493. 6650 Heber Spring Rd is a home located in Cleburne County with nearby schools including Concord Elementary School and Concord High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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