NOT LISTED FOR SALE

970 Shady Meadow Rd Damascus, AR 72039

Estimated Value: $347,000 - $467,672

40 Acres
$10,072 Price per Acre
1,742,400 Sq Ft Lot

Last Sold March 16, 2015

Last sale price $108,000

Est. 262% increase in value since last sale

Current estimated payment $2,333/month

241 Days on Market

Highlights

  • 40 Acre Lot
  • Creek On Lot
  • Hunting

About This Lot

As of March 2015

Property is bordered on West by pipeline, on East By power line and North by Shady Meadow Road. Property is wooded with small creek running south through the property.

Last Agent to Sell the Property

Rita J. Collums

Clinton Real Estate Listed on: 05/20/2014

Co-Listed By

Dan Hollowell

Clinton Real Estate

Last Buyer's Agent

Christie Cothren

The Real Estate Center LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,051

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Sloped Lot

Schools

  • Quitman Elementary And Middle School
  • Quitman High School

Utilities

  • Co-Op Electric

Community Details

  • Hunting
  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,051

Lot Details

0

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Vacant Land
  • Price Per Sq Ft: 2700
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Acreage
  • Per Acre Price: 3500
  • Price Per Acre: 3000
  • Sold Price Per Acre: 2700
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Water-Public, Electric-Co-Op, Telephone-Private

Schools

  • Elementary School: Quitman
  • Middle School: Quitman
  • High School: Quitman
  • Junior High: Quitman

Lot Info

  • Estimated Lot Size: 40
  • Estimated Lot Size: 1320 x 1320
  • Lot: Sloped, Rural Property, Creek, Timberland, Hunting/Recreation
  • Number Timber Acres: 40
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 47.57
  • Year: 2013

MLS Schools

  • Elementary School: Quitman
  • HighSchool: Quitman
  • Middle School: Quitman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Mar 16, 2015
Sold by
Tanner Opal Burroughs
Bought by
Lane Joshua and Lane Cortney
Seller's Agent
Rita J. Collums
Clinton Real Estate
Buyer's Agent
Christie Cothren
The Real Estate Center LLC
List Price
$140,000
Sold Price
$108,000
Premium/Discount to List
-$32,000
-22.86%
Current Estimated Value
$391,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,408
Avg. Annual Appreciation
13.50%
Original Mortgage
$91,800
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1961
Bought by
Burroughs Nymph Eldon

Purchase Details

Closed on
Mar 25, 1946
Bought by
Burroughs Nymph
Source: Public Records

Range of Values:

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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
Lane Joshua $108,000 None Available
Burroughs Nymph Eldon -- --
Burroughs Nymph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Joshua $217,000
Closed Lane Joshua $226,800
Closed Lane Joshua $228,650
Closed Lane Joshua $91,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $108,000 -22.9% --
02/14/2015 02/14/15 Pending -- -- --
05/20/2014 05/20/14 For Sale $140,000 -- --
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 $2,051 $47,370 $1,460 $45,910
2023 $1,634 $47,370 $1,460 $45,910
2022 $1,358 $39,830 $1,460 $38,370
2021 $1,349 $39,830 $1,460 $38,370
2020 $1,179 $39,830 $1,460 $38,370
2019 $1,113 $36,280 $1,620 $34,660
2018 $1,138 $36,280 $1,620 $34,660
2017 $42 $1,050 $1,050 $0
2015 -- $1,180 $1,180 $0
2014 -- $1,180 $1,180 $0
2013 -- $1,180 $1,180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10388859

Cooperative Arkansas REALTORS® MLS

APN: 0000-00299-0000