NOT LISTED FOR SALE

7992 Hand Cove Rd Elizabeth, AR 72531

Estimated Value: $170,495 - $204,000

2 Beds
1 Bath
840 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $128,000 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,028/month

154 Days on Market

About This Home

As of March 2021

Near beautiful Lake Norfork. Cozy 2 BR 1 BA home on 3 acres with 24x36 shop building. Less than 1 mile from boat launch at Hand Cove. Abundant kitchen cabinets, electric range/stove, microwave, refrigerator, washer dryer remain with some furniture. Large covered deck. The shop is large enough for a 24' boat or pontoon on each side.

Last Agent to Sell the Property

Greg Baugh

BAUGH REAL ESTATE License #00054141 Listed on: 09/17/2020

Last Buyer's Agent

Greg Baugh

BAUGH REAL ESTATE License #00054141 Listed on: 09/17/2020

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Lot Details

0

Listing Details

  • Style: 1 Story
  • Age: Unknown
  • Estimated Heated Cooled Sq Ft: 840
  • Estimated Sq Ft Range: 801-1200
  • Class: RESIDENTIAL
  • Floors: Carpet, Vinyl
  • Level: One
  • Price Per Sq Ft: 152.38
  • Type: SINGLE FAMILY
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Smoke Alarm(s)
  • Master Bedroom: Yes
  • Master Bedroom Type: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Appliances: Oven/Range Electric, Refrigerator, Washer, Dryer Electric, Water Heater Electric 1
  • Windows Treatments: Blinds
  • Workshop: Yes
  • Workshop Comments: 24x36

Exterior Features

  • Exterior: Wood
  • Exterior Amenities: Paved Streets, Outbuildings, Workshop, Deck Covered
  • Number Of Acres: 3
  • Roof: Dimensional Shingles

Garage/Parking

  • Garage Type: Garage-Detached
  • Garage Capacity: Two

Utilities

  • Cooling: Heat Pump(s), Electric, Wall/Window Unit
  • Electric: NE Ark. Elec
  • Heat: Electric, Heat Pump
  • Sewer/Septic System: Septic
  • Water Supply: Well Shared

Lot Info

  • Lot Description: Sloping, Rolling, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 10, 2021
Sold by
Baugh Greg and Baugh Sabrina
Bought by
Chaploney Seth A
Seller's Agent
Greg Baugh
BAUGH REAL ESTATE
Buyer's Agent
Greg Baugh
BAUGH REAL ESTATE
List Price
$140,000
Sold Price
$128,000
Premium/Discount to List
-$12,000
-8.57%
Current Estimated Value
$182,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,874
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Aug 25, 2017
Sold by
Welch Brett and Welch Sarah
Bought by
Baugh Greg and Baugh Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 6, 2013
Sold by
Ozark Mountain Timber Inc
Bought by
Welch Brett and Welch Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
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
Chaploney Seth A $125,000 Lenders Title Company
Baugh Greg $110,000 Lenders Title Co
Welch Brett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baugh Greg $99,000
Previous Owner Welch Brett $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $128,000 -8.6% $152 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
10/04/2020 10/04/20 For Sale $140,000 0.0% $167 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $140,000 -- $167 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

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 $740 $22,920 $3,800 $19,120
2023 $815 $21,410 $3,800 $17,610
2022 $784 $21,410 $3,800 $17,610
2021 $530 $16,720 $3,800 $12,920
2020 $905 $16,720 $3,800 $12,920
2019 $923 $16,720 $3,800 $12,920
2018 $788 $16,720 $3,800 $12,920
2017 $889 $16,720 $3,800 $12,920
2016 $839 $16,090 $3,800 $12,290
2015 $584 $16,090 $3,800 $12,290
2014 $839 $14,800 $3,800 $11,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10088866

Northeast Arkansas Board of REALTORS®

APN: 002-11247-012