NOT LISTED FOR SALE

987 Frontage Rd Lonoke, AR 72086

Estimated Value: $55,000 - $112,000

2 Beds
2 Baths
1,350 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $117,500 $87 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $466/month

134 Days on Market

Highlights

  • 84 Acre Lot
  • Ranch Style House
  • Paneling
  • Wooded Lot
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of December 2021

NEW PRICE! Incredible 84 +/- acre recreational investment tract. 1,350 ML FT2 brick home recently remodeled with new metal roof, HVAC, & appliances. Tenant occupied so you could maintain income, make it a primary residence on acreage, or make it your dream deer/duck camp. Property primarily consists of inactive fish ponds. Two of the old ponds have been drained and are ready to be re-stocked or managed for waterfowl. Excellent deer hunting (blind does not convey). NW pond stocked with fish.

Last Agent to Sell the Property

Kevin Keen

Arkansas Land Company Listed on: 07/27/2021

Last Buyer's Agent

Kevin Keen

Arkansas Land Company Listed on: 07/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $785

Year Built

  • Built in 1972

Lot Details

  • 84 Acre Lot
  • Rural Setting
  • Dog Run
  • Chain Link Fence
  • Cleared Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Combination Foundation
  • Metal Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • Paneling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$785

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Dog Run, Chain Link
  • LVT Date: 07/27/2021
  • Price Per Sq Ft: 87.04
  • Road Surface: Paved
  • Street Designation: Road
  • Third Party Exports: Daily Record
  • Type: Rural Residential
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1350
  • Bedrooms: 2
  • Floors: Laminate, Tile
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 2
  • Interiors: Water Heater-Gas, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Dishwasher, Refrigerator-Stays
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Parking: Garage, One Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 84
  • Estimated Lot Size: 84 ML Acres
  • Lot: Rural Property, Wooded, Cleared, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 9, 2021
Sold by
Whitwell Ryles Dismang Llc
Bought by
Crouch Franklin Leroy and Crouch Ella Louise
Seller's Agent
Kevin Keen
Arkansas Land Company
Buyer's Agent
Kevin Keen
Arkansas Land Company
List Price
$415,000
Sold Price
$117,500
Premium/Discount to List
-$297,500
-71.69%
Current Estimated Value
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,000
Avg. Annual Appreciation
-7.64%
Original Mortgage
$263,804
Outstanding Balance
$245,048
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$157,548

Purchase Details

Closed on
Jan 6, 2005
Bought by
Watson, Charles & Nadean Trust

Purchase Details

Closed on
Dec 14, 2004
Bought by
Watson Trst

Purchase Details

Closed on
Aug 18, 2004
Bought by
Watson Trust *Doesn'T Own*

Purchase Details

Closed on
Aug 9, 1982
Bought by
Watson and Wife Nadean
Source: Public Records

Range of Values:

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Average Value
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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
Crouch Franklin Leroy $117,500 Roach Rena S
Watson, Charles & Nadean Trust -- --
Watson Trst -- --
Watson Trust *Doesn'T Own* -- --
Watson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitwell Ryles Dismang Llc $263,804
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Pending -- -- --
12/08/2021 12/08/21 Sold $117,500 -70.5% $87 / Sq Ft
11/16/2021 11/16/21 Price Changed $398,000 -4.1% $295 / Sq Ft
07/27/2021 07/27/21 For Sale $415,000 -- $307 / 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 $133 $1,690 $1,690 $0
2023 $133 $1,690 $1,690 $0
2022 $133 $1,690 $1,690 $0
2021 $133 $14,360 $1,720 $12,640
2020 $785 $14,440 $1,590 $12,850
2019 $758 $14,440 $1,590 $12,850
2018 $758 $14,440 $1,590 $12,850
2017 $675 $14,440 $1,590 $12,850
2016 $757 $14,440 $1,590 $12,850
2015 $559 $17,260 $3,700 $13,560
2014 $284 $17,260 $3,700 $13,560
Source: Public Records

Agents Affiliated with this Home

  • Kevin Keen

    Seller's Agent in 2021

    Kevin Keen

    Arkansas Land Company

    (870) 215-1185

    3 in this area

    90 Total Sales

    Kevin Keen
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21024025

Cooperative Arkansas REALTORS® MLS

APN: 001-05589-000

Arkansas Lonoke County Lonoke 72086

987 Frontage Rd, Lonoke, AR

This home is located at 987 Frontage Rd, Lonoke, AR 72086 since 27 July 2021 and is currently estimated at $83,500, approximately $61 per square foot. This property was built in 1972. 987 Frontage Rd is a home located in Lonoke County with nearby schools including Lonoke Primary School, Lonoke Elementary School, and Lonoke Middle School.

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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