NOT LISTED FOR SALE

S Highway 7 Bismarck, AR 71929

Estimated Value: $123,697 - $221,000

3 Beds
2 Baths
1,450 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $42,000 $29 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $950/month

229 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Family Room
  • Bismarck Elementary School Rated A-
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

As of April 2017

REO Property - Bank Foreclosure! Located in Bismarck, Arkansas featuring 3 full bedrooms, 1 full bath with basement! Basement is not calculated in the square feet. Upstairs square feet is approximately 1450. This home would be ideal for anyone looking to be less than 3 miles from DeGray Lake! Less than 20 minutes from Hot Springs, 15 Minutes from Arkadelphia, and 20 Minutes from Malvern, Arkansas! Property is being sold in AS-IS condition, Buyer will receive a Special Warranty Deed.

Last Agent to Sell the Property

Jason Edington

Keller Williams Realty Hot Springs Listed on: 07/29/2016

Keller Williams Realty Hot Springs

Last Buyer's Agent

Jason Edington

Keller Williams Realty Hot Springs Listed on: 07/29/2016

Keller Williams Realty Hot Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport

Schools

  • Bismarck Elementary And Middle School
  • Bismarck High School

Utilities

  • Septic System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 055-00155-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 08/01/2016
  • Price Per Sq Ft: 28.97
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 9999
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: All Bedrooms Up
  • Estimated Sq Ft: 1450
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 2
  • Other Rooms: Basement, Den/Family Room
  • Stories: One Story

Exterior Features

  • Homebuilder: unknown
  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Elec-Municipal (+Entergy), Septic, Water-Public

Schools

  • Elementary School: Bismarck
  • Middle School: Bismarck
  • High School: Bismarck
  • Junior High: Bismarck

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1 acre
  • Lot: Not In Subdivision, Rural Property, Sloped
  • Geo Subdivision: AR
  • Parcel Number: 055-00155-000

Tax Info

  • Annual Taxes: 618
  • Year: 2015

MLS Schools

  • Elementary School: Bismarck
  • HighSchool: Bismarck
  • Middle School: Bismarck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Apr 13, 2017
Sold by
Southern Bancorp Bank
Bought by
Poore Leonhard L
Seller's Agent
Jason Edington
Keller Williams Realty Hot Springs
Buyer's Agent
Jason Edington
Keller Williams Realty Hot Springs
List Price
$62,500
Sold Price
$42,000
Premium/Discount to List
-$20,500
-32.8%
Current Estimated Value
$163,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,424
Avg. Annual Appreciation
17.82%
Original Mortgage
$35,700
Outstanding Balance
$19,457
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$146,211

Purchase Details

Closed on
Jun 14, 2010
Bought by
Porterfield Andrew L and /Bap Properties Llc

Purchase Details

Closed on
Oct 30, 2003
Bought by
Bap Properties Llc

Purchase Details

Closed on
Sep 22, 1999
Bought by
Thomason Terry D and Thomason Sherry K
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
Poore Leonhard L $42,000 Clark County Abstract & Titl
Porterfield Andrew L -- --
Bap Properties Llc $357,000 --
Thomason Terry D $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poore Leonhard L $35,700
Previous Owner Bap Properties Llc $5,389
Previous Owner Thomason Terry D $0
Previous Owner Bap Properties Llc $0
Previous Owner Bap Properties Llc $0
Previous Owner Bap Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $42,000 -32.8% $29 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
07/29/2016 07/29/16 For Sale $62,500 -- $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 $719 $14,370 $1,250 $13,120
2023 $719 $14,370 $1,250 $13,120
2022 $719 $14,370 $1,250 $13,120
2021 $719 $14,370 $1,250 $13,120
2020 $682 $13,630 $1,790 $11,840
2019 $682 $13,630 $1,790 $11,840
2018 $682 $13,630 $1,790 $11,840
2017 $682 $13,630 $1,790 $11,840
2016 $649 $12,989 $1,760 $11,229
2015 $268 $12,370 $2,090 $10,280
2014 $269 $12,370 $2,090 $10,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16022818

Cooperative Arkansas REALTORS® MLS

APN: 055-00155-000