NOT LISTED FOR SALE

7 Summit Rd Conway, AR 72032

Estimated Value: $430,000 - $597,000

4 Beds
2.5 Baths
2,983 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $339,500 $114 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,030/month

296 Days on Market

Highlights

  • Private Dock
  • 1.88 Acre Lot
  • Wood Flooring
  • Conway Junior High School Rated A-
  • Craftsman Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2020

NEW SHOP! 24x32 detached shop with overhead door! This immaculate home just outside of Conway city limits has a view that takes your breath away plus a NEW ROOF 7/19. This updated 4/2.5 also features a large bonus room, oversized master, 2 dining areas, mud room, laundry, oversized side entry garage and beautiful landscaping! The best of both worlds with the incredible view at the front of the home and level backyard for the kids to play!

Last Agent to Sell the Property

Jennifer Brown

Century 21 Parker & Scroggins Realty - Conway Listed on: 04/03/2019

Century 21 Parker & Scroggins Realty - Conway

Last Buyer's Agent

Tina Wilson

ERA TEAM Real Estate

ERA TEAM Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 2006

Lot Details

  • 1.88 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Cleared Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,983 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Private Dock
  • Patio

Utilities

  • Central Heating and Cooling System
  • Propane
  • Septic System

Community Details

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,307

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Residential
  • Style: Traditional, Craftsman
  • Ext Features: Patio, Partially Fenced, Guttering, Shop
  • LVT Date: 04/03/2019
  • Price Per Sq Ft: 113.81
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Kitchen/Dining Combo, Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present, Glass Doors
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2983
  • Bedrooms: 4
  • Floors: Laminate, Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Whirlpool/Hot Tub/Spa, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Built-In Stove, Microwave, Electric Range, Surface Range, Dishwasher, Pantry
  • Other Rooms: Formal Living Room, Office/Study, Game Room, Bonus Room, Laundry
  • Stories: 1.5 Story

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Waterfront: Dock Available, Dock Private

Garage/Parking

  • Parking: Garage, Two Car, Side Entry

Utilities

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

Condo/Co-op/Association

  • Amenities: Picnic Area
  • Condo Association Fee: 50
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 1.88
  • Estimated Lot Size: 1.88
  • Lot: Sloped, Level, Cleared, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Windows
  • Green Features: Low-E Windows

Tax Info

  • Annual Taxes: 2307.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Feb 14, 2020
Sold by
Mcguire Jordan and Mcguire Barbara
Bought by
Reeves Nick Patrick and Reeves Catherine
Seller's Agent
Jennifer Brown
Century 21 Parker & Scroggins Realty - Conway
Buyer's Agent
Tina Wilson
ERA TEAM Real Estate
List Price
$324,900
Sold Price
$339,500
Premium/Discount to List
$14,600
4.49%
Current Estimated Value
$509,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,480
Avg. Annual Appreciation
7.48%
Original Mortgage
$322,525
Outstanding Balance
$286,222
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$223,758

Purchase Details

Closed on
Feb 5, 2016
Sold by
Mcuire Jordan
Bought by
Mcguir Jordan and Connell Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2015
Sold by
Malek Farrokh Cyrus
Bought by
Morrell Margaret L and Morgan Margaret L

Purchase Details

Closed on
Apr 17, 2012
Sold by
Malek Farrokh C and Malek Margaret L
Bought by
Malek Farrokh C and Malek Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Bought by
Malek and Morgan

Purchase Details

Closed on
Mar 20, 2007
Bought by
Malek and Morgan

Purchase Details

Closed on
May 17, 2006
Bought by
Entergy

Purchase Details

Closed on
Mar 10, 2006
Bought by
Watson

Purchase Details

Closed on
Mar 9, 2006
Bought by
Watson
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
Reeves Nick Patrick $339,500 Faulkner County Title Co
Mcguir Jordan -- Lenders Title Co
Mcguire Jordan $290,000 Conway Title Services & Escr
Morrell Margaret L -- None Available
Malek Farrokh C -- None Available
Malek $296,000 --
Malek $296,000 --
Entergy -- --
Watson $30,000 --
Watson $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Nick Patrick $322,525
Previous Owner Mcguir Jordan $275,793
Previous Owner Malek Farrokh C $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $339,500 0.0% $114 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
10/01/2019 10/01/19 Price Changed $339,500 -0.1% $114 / Sq Ft
08/31/2019 08/31/19 Price Changed $339,900 +4.6% $114 / Sq Ft
06/21/2019 06/21/19 For Sale $324,900 0.0% $109 / Sq Ft
06/21/2019 06/21/19 Price Changed $324,900 -4.3% $109 / Sq Ft
06/04/2019 06/04/19 Off Market $339,500 -- --
04/03/2019 04/03/19 For Sale $329,900 -- $111 / 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 $3,742 $97,510 $7,500 $90,010
2023 $3,402 $73,320 $4,800 $68,520
2022 $3,360 $70,250 $4,800 $65,450
2021 $3,320 $70,250 $4,800 $65,450
2020 $2,282 $55,980 $3,400 $52,580
2019 $2,282 $55,980 $3,400 $52,580
2018 $2,307 $55,980 $3,400 $52,580
2017 $2,307 $0 $0 $0
2016 $1,952 $48,320 $3,400 $44,920
2015 $1,952 $56,600 $3,400 $53,200
2014 $1,952 $56,600 $3,400 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19010706

Cooperative Arkansas REALTORS® MLS

APN: 506-00195-000