NOT LISTED FOR SALE

6900 Russwood Ln E Mabelvale, AR 72103

Estimated Value: $148,000 - $221,000

3 Beds
2 Baths
2,298 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $70,000 $30 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,144/month

96 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • Wood Flooring
  • Paneling
  • Laundry Room

About This Home

As of May 2020

Great opportunity on this property!... Just rural enough to have country living, but very close to amenities like shopping, restaurants, schools, interstate access and much more! This property features 3 bedrooms, 2 full baths, 2 living areas and a large yard with over 3/4 of an acre of land! This is a Fannie Mae HomePath Property. For more information and to submit all offers please visit www.homepath.com. The seller must comply with HUD Guidelines 24 CFR 206.125.

Last Agent to Sell the Property

Adam Gipson

Mid South Realty Listed on: 01/10/2020

Last Buyer's Agent

Jonah Flanigan

Exp Realty

Exp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1976

Lot Details

  • 0.87 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,298 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Wood Burning Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$937

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch
  • LVT Date: 01/11/2020
  • Price Per Sq Ft: 30.46
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2298
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.87
  • Estimated Lot Size: 37950
  • Lot: Level, Rural Property

Tax Info

  • Annual Taxes: 937.44
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Apr 20, 2020
Sold by
Federal National Mortgage Association
Bought by
Velazquez Alvaro
Seller's Agent
Adam Gipson
Mid South Realty
Buyer's Agent
Jonah Flanigan
Exp Realty
List Price
$97,000
Sold Price
$70,000
Premium/Discount to List
-$27,000
-27.84%
Current Estimated Value
$188,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,778
Avg. Annual Appreciation
19.26%
Original Mortgage
$63,000
Outstanding Balance
$56,674
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$120,400

Purchase Details

Closed on
Dec 10, 2019
Sold by
Choi Yong O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2019
Sold by
Choi Yong O
Bought by
Federal National Mortgage Association
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
Velazquez Alvaro $70,000 None Available
Federal National Mortgage Association -- Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Alvaro $63,000
Previous Owner Choi Chong Tai $210,000
Previous Owner Choi Chong T $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $70,000 +12.9% $30 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $62,000 -33.3% $27 / Sq Ft
03/14/2020 03/14/20 Price Changed $93,000 -4.1% $40 / Sq Ft
01/10/2020 01/10/20 For Sale $97,000 -- $42 / 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 $1,401 $27,789 $4,200 $23,589
2023 $1,501 $27,789 $4,200 $23,589
2022 $1,451 $27,789 $4,200 $23,589
2021 $1,491 $28,600 $3,800 $24,800
2020 $612 $0 $0 $0
2019 $612 $28,600 $3,800 $24,800
2018 $637 $28,600 $3,800 $24,800
2017 $637 $28,600 $3,800 $24,800
2016 $937 $26,260 $3,800 $22,460
2015 $637 $26,260 $3,800 $22,460
2014 $637 $18,600 $3,800 $14,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Gipson

    Mid South Realty

    (501) 940-3211

    25 Total Sales

    Adam Gipson
    Section Image

  • J

    Buyer's Agent in 2020

    Jonah Flanigan

    Exp Realty

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20001191

Cooperative Arkansas REALTORS® MLS

APN: 253-00111-000

Arkansas Saline County Mabelvale 72103

6900 Russwood Ln E, Mabelvale, AR

This home is located at 6900 Russwood Ln E, Mabelvale, AR 72103 since 10 January 2020 and is currently estimated at $188,778, approximately $82 per square foot. This property was built in 1976. 6900 Russwood Ln E is a home located in Saline County with nearby schools including Landmark Elementary School and Mills University Studies 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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