NOT LISTED FOR SALE

702 King St Searcy, AR 72143

Estimated Value: $72,000 - $117,000

2 Beds
1 Bath
1,120 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $61,750 $55 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $566/month

34 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Partially Fenced Property
  • Southwest Middle School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of September 2023

Potential fixer upper conveniently located just minutes away from downtown Searcy. Great opportunity for an investor or the first-time homebuyer to make this house your home or investment property! Built in 1965, this 2 bedroom, 1 bathroom home has a cozy 1,120 square feet of living space. Charming home is situated on a level lot with large backyard. Selling AS-IS WHERE IS.

Last Agent to Sell the Property

Kari Bars

Southern Realty of Hot Springs, Inc. Listed on: 07/04/2023

Last Buyer's Agent

Vanessa Wyatt

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shop

Schools

  • Searcy Middle School
  • Searcy High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 016-10088-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$497

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Partially Fenced, Shop
  • Inside City Limits: Yes
  • LVT Date: 07/04/2023
  • Road Surface: No Road, Paved
  • Street Designation: Street
  • Type: Detached
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1120
  • Bedrooms: 2
  • Floors: Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove, Electric Range
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Garage, One Car, Detached

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: No Cooling, No Heating

Schools

  • Junior High: Searcy

Lot Info

  • Estimated Lot Size: 0.34
  • Estimated Lot Size: .34 acre
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 016-10088-000

Tax Info

  • Annual Taxes: 497
  • Year: 2022

MLS Schools

  • HighSchool: Searcy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Sep 25, 2023
Sold by
Barber Blake C Le
Bought by
Tad Capital Holdings Llc and Hauschildt
Seller's Agent
Kari Bars
Southern Realty of Hot Springs, Inc.
Buyer's Agent
Vanessa Wyatt
RE/MAX Advantage
List Price
$95,000
Sold Price
$61,750
Premium/Discount to List
-$33,250
-35%
Views
113
Current Estimated Value
$99,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,979
Avg. Annual Appreciation
23.51%
Original Mortgage
$89,750
Outstanding Balance
$32,055
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$67,674

Purchase Details

Closed on
Nov 6, 2009
Sold by
Homesales Inc
Bought by
Simpson Phillip R and Simpson Kristen Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2009
Sold by
Daves Nelson I and Chase Home Finance Llc
Bought by
Homesales Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tad Capital Holdings Llc $61,750 Professional Land Title Of Ark
Simpson Phillip R $65,000 --
Homesales Inc $66,785 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tad Capital Holdings Llc $89,750
Closed Simpson Phillip R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $61,750 -35.0% $55 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $95,000 0.0% $85 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $95,000 -- $85 / 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
2025 $521 $12,840 $2,450 $10,390
2024 $521 $12,840 $2,450 $10,390
2023 $94 $12,840 $2,450 $10,390
2022 $122 $12,840 $2,450 $10,390
2021 $99 $12,840 $2,450 $10,390
2020 $76 $11,110 $2,450 $8,660
2019 $76 $11,110 $2,450 $8,660
2018 $101 $11,110 $2,450 $8,660
2017 $451 $11,110 $2,450 $8,660
2016 $451 $11,110 $2,450 $8,660
2015 $491 $12,090 $3,960 $8,130
2014 $491 $12,090 $3,960 $8,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23020335

Cooperative Arkansas REALTORS® MLS

APN: 016-10088-000