NOT LISTED FOR SALE

8783 Highway 125 NW Peel, AR 72668

Estimated Value: $318,000 - $350,479

3 Beds
2 Baths
2,640 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2020

Last sale price $197,000 $75 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,893 / mo

174 Days on Market

Highlights

  • Lake View
  • Community Lake
  • Wooded Lot
  • River Nearby
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of April 2020

Quality, custom built 3 bedroom w/ office or 4 bedroom, 2 bath home priced under appraised value. Panoramic lake view on 12.5 acres m/L joining government strip. Less than 2 mi to boat launch & swimming area on Bull Shoals Lake. Features include: low maintenance metal roof,stone fire place, oak and tile floors, long covered deck, asphalt drive, heated & insulated garage w/ workshop area, all on park like setting!

Last Agent to Sell the Property

Sandy Davenport

Davenport Realty Listed on: 10/08/2019

Last Buyer's Agent

Telicia Perry

ERA Doty Real Estate Flippin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1990

Lot Details

  • 12.5 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Formal Dining Room
  • Home Office
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Nearby
  • Outdoor Storage

Schools

  • Yellville Summit 4 Elementary And Middle School
  • Yellville Summit 4 High School

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Wall Furnace
  • Heat Pump System
  • Propane
  • Well
  • Septic System
  • Satellite Dish

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-09489-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 1990

Lot Details

12.5 Acres

Listing Details

  • Class: Residential
  • Style: Built To Suit
  • Ext Features: Outside Storage Area, Guttering
  • Lake: Yes
  • Lake Name: Bull Shoals
  • Legal 2: S1/2, NE1/4, SE1/4
  • LVT Date: 02/17/2020
  • Road Surface: Paved
  • Type: Rural Residential
  • Estimated Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Stove
  • Bedrooms: Primary Bedroom Apart, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Other Room 1: Office/Bedroom
  • Other Room 2: Garage
  • Estimated Sq Ft: 2640
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer-Stays, Dryer-Stays, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Dim: 10x11
  • Kitchen Equip: Microwave, Gas Range, Refrigerator-Stays
  • Living Room Dim: 14'10x16
  • Master Bedroom Dim: 13'2x11'6
  • Other Room1 Dim: 13'2x11'6
  • Other Room2 Dim: 23'5x27'5
  • Other Rooms: Office/Study
  • Stories: Two Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy), Gas-Propane/Butane, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Floor/Wall Furnace, Heat Pump

Schools

  • Junior High: Yellville Summit 4

Lot Info

  • Estimated Lot Size: 12.5
  • Estimated Lot Size: 12.50 ac M/L
  • Lot: Sloped, Level, Wooded, Cleared, River/Lake Area, Lake View
  • Geo Subdivision: AR
  • Parcel Number: 001-09489-002

Tax Info

  • Annual Taxes: 1621.05
  • Year: 2019

MLS Schools

  • Elementary School: YELLVILLE SUMMIT 4
  • HighSchool: YELLVILLE SUMMIT 4
  • Middle School: YELLVILLE SUMMIT 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Apr 21, 2020
Sold by
Nellessen Jeffrey A
Bought by
Stepp Bruce K
Seller's Agent
Sandy Davenport
Davenport Realty
Buyer's Agent
Telicia Perry
ERA Doty Real Estate Flippin
List Price
$219,000
Sold Price
$197,000
Premium/Discount to List
-$22,000
-10.05%
Current Estimated Value
$337,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,870
Avg. Annual Appreciation
9.36%
Original Mortgage
$171,000
Outstanding Balance
$150,864
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$187,006

Purchase Details

Closed on
Mar 27, 1996
Bought by
Zak

Purchase Details

Closed on
Mar 29, 1993
Bought by
Yocham

Purchase Details

Closed on
Jan 1, 1980
Bought by
36 36 S and 36 Record
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Stepp Bruce K $197,000 None Available
Zak $55,000 --
Yocham $9,000 --
36 36 S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepp Bruce K $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $197,000 -5.7% $75 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $209,000 -4.6% $79 / Sq Ft
10/08/2019 10/08/19 For Sale $219,000 -- $83 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,218 $39,090 $6,330 $32,760
2024 $1,793 $39,090 $6,330 $32,760
2023 $1,835 $39,090 $6,330 $32,760
2022 $1,835 $39,090 $6,330 $32,760
2021 $1,835 $39,090 $6,330 $32,760
2020 $1,643 $34,890 $2,280 $32,610
2019 $1,621 $34,890 $2,280 $32,610
2018 $1,621 $34,890 $2,280 $32,610
2017 $1,603 $34,890 $2,280 $32,610
2016 $1,603 $34,890 $2,280 $32,610
2015 $1,498 $32,610 $2,520 $30,090
2014 -- $31,610 $2,520 $29,090
2013 -- $31,610 $2,520 $29,090
2012 -- $27,090 $2,520 $24,570
Source: Public Records

Agents Affiliated with this Home

  • Sandy Davenport

    Seller's Agent in 2020

    Sandy Davenport

    Davenport Realty

    (870) 449-5263

    264 Total Sales

    Sandy Davenport
    Section Image
  • Telicia Perry

    Buyer's Agent in 2020

    Telicia Perry

    ERA Doty Real Estate Flippin

    (870) 404-7438

    388 Total Sales

    Telicia Perry
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20005479

Cooperative Arkansas REALTORS® MLS

APN: 001-09489-002

Arkansas Marion County 72668

8783 Highway 125 NW, AR

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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