NOT LISTED FOR SALE

Welch Rd 156 McRae, AR 72102

Estimated Value: $365,000 - $443,000

7.5 Acres
$53,992 Price per Acre
326,700 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $35,000

Est. 1,057% increase in value since last sale

Current estimated payment $2,347/month

3 Days on Market

About This Lot

As of June 2019

7.5 acres of wooded land.

Last Agent to Sell the Property

Rebecca Stone

Dalrymple Listed on: 05/01/2019

Last Buyer's Agent

Rebecca Stone

Dalrymple Listed on: 05/01/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,373

Lot Details

  • 7.5 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Wooded Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,373

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 06/05/2019
  • Price Per Sq Ft: 4666.67
  • Road Surface: Gravel, Paved
  • Type: Acreage
  • Price Per Acre: 4666.67
  • Sold Price Per Acre: 4666.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Lot Info

  • Estimated Lot Size: 7.5
  • Estimated Lot Size: 7.5 acres
  • Lot: Sloped, Level, Rural Property, Wooded, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 58.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 26, 2019
Sold by
Bowman Bill H and Bowman Frances M
Bought by
Bowman Tony H and Bowman Jona T
Seller's Agent
Rebecca Stone
Dalrymple
Buyer's Agent
Rebecca Stone
Dalrymple
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$404,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,943
Avg. Annual Appreciation
46.78%
Original Mortgage
$38,320
Outstanding Balance
$25,208
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$379,735

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 3, 2019
Sold by
Gay Donnie J and Gay Juanita L
Bought by
Bowman Tony H and Bowman Jona T
Seller's Agent
Rebecca Stone
Dalrymple
Buyer's Agent
Rebecca Stone
Dalrymple
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,320
Outstanding Balance
$25,208
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$379,735

Purchase Details

Closed on
Dec 23, 2010
Sold by
Latture James E and Latture Judith E
Bought by
Bowman Tony H and Bowman Jona T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2006
Sold by
Bowman Living Trust
Bought by
Bowman Tony H and Bowman Jona T

Purchase Details

Closed on
May 4, 2004
Bought by
Annex

Purchase Details

Closed on
May 29, 1997
Bought by
Bowman Bill H and Bowman Frances M

Purchase Details

Closed on
Mar 1, 1990
Bought by
Summers Cindy Lou
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
Bowman Tony H -- None Available
Bowman Tony H $35,000 Dalco Closing & Title
Bowman Tony H -- --
Bowman Tony H -- None Available
Annex -- --
Bowman Bill H $13,000 --
Summers Cindy Lou $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Tony H $38,320
Previous Owner Bowman Tony H $189,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $35,000 0.0% --
05/04/2019 05/04/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $35,000 -- --
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
2025 $2,373 $58,300 $6,210 $52,090
2024 $2,373 $58,300 $6,210 $52,090
2023 $1,998 $58,300 $6,210 $52,090
2022 $2,048 $58,300 $6,210 $52,090
2021 $1,948 $58,300 $6,210 $52,090
2020 $1,839 $53,180 $3,300 $49,880
2019 $1,839 $53,180 $3,300 $49,880
2018 $1,813 $53,180 $3,300 $49,880
2017 $1,929 $53,180 $3,300 $49,880
2016 $1,929 $47,390 $3,300 $44,090
2015 $1,837 $45,130 $2,150 $42,980
2014 -- $45,130 $2,150 $42,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19018222

Cooperative Arkansas REALTORS® MLS

APN: 001-11482-003