NOT LISTED FOR SALE

901 W Mcrae Ave Searcy, AR 72143

Estimated Value: $94,000 - $110,000

3 Beds
2 Baths
1,158 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $50,001 $43 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $565/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property
  • Southwest Middle School Rated A-
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of December 2019

Charming home located close to town, bike trails, and schools. 3 bedrooms and 2 full baths. Large fenced in yard. Perfect starter home or rental. Agents see remarks.

Last Agent to Sell the Property

Carrie Moore

Arkansas Real Estate Solutions Listed on: 11/07/2019

Co-Listed By

Karen Watkins

Arkansas Real Estate Solutions

Last Buyer's Agent

Barbara Duncan

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1927

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 11/07/2019
  • Price Per Sq Ft: 43.18
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1927
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1158
  • Bedrooms: 3
  • Floors: Laminate, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher
  • Stories: One Story

Exterior Features

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

Garage/Parking

  • Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: 10796
  • Lot: Corner Lot
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 3, 2019
Sold by
Carrington Mortgage Services Llc
Bought by
Shaw Jimmy and Shaw Angela
Seller's Agent
Carrie Moore
Arkansas Real Estate Solutions
Buyer's Agent
Barbara Duncan
RE/MAX Advantage
List Price
$50,000
Sold Price
$50,001
Premium/Discount to List
$1
0.002%
Total Days on Market
25
Current Estimated Value
$100,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,875
Avg. Annual Appreciation
13.73%
Original Mortgage
$40,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 7, 2019
Closed on
Oct 21, 2019
Sold by
Elledge Cecil W and Elledge Nellie H
Bought by
Carrington Mortgage Services
Seller's Agent
Carrie Moore
Arkansas Real Estate Solutions
Buyer's Agent
Barbara Duncan
RE/MAX Advantage
List Price
$50,000
Sold Price
$50,001
Premium/Discount to List
$1
0.002%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2008
Sold by
Philpott David and Philpott Lola
Bought by
Elledge Cecil W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,224
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Bought by
Seger

Purchase Details

Closed on
Nov 1, 1994
Bought by
Needs Charles H and Needs Deborah A
Source: Public Records

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Range of Values:

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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
Shaw Jimmy $50,001 Associates Closing & Ttl Llc
Carrington Mortgage Services $41,241 None Available
Elledge Cecil W $65,000 --
Seger $23,000 --
Needs Charles H $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shaw Jimmy $40,000
Previous Owner Elledge Cecil W $66,224
Previous Owner Philpott David $44,200
Previous Owner Fitzgerlad Properties Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $50,001 0.0% $43 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $50,000 -- $43 / 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 $361 $8,900 $1,400 $7,500
2023 $361 $8,900 $1,400 $7,500
2022 $361 $8,900 $1,400 $7,500
2021 $361 $8,900 $1,400 $7,500
2020 $383 $9,440 $1,790 $7,650
2019 $383 $9,440 $1,790 $7,650
2018 $383 $9,440 $1,790 $7,650
2017 $368 $9,440 $1,790 $7,650
2016 $368 $9,070 $1,790 $7,280
2015 $335 $8,250 $2,100 $6,150
2014 $335 $8,250 $2,100 $6,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19035857

Cooperative Arkansas REALTORS® MLS

APN: 016-02008-000