Closed
$450,000
194 Fairview Rd, Searcy, AR 72143
--beds
--baths
--sqft
Single Family Residence
Built in ----
-- sqft lot
$410,000 Zestimate®
$--/sqft
$810 Estimated rent
Home value
$410,000
$308,000 - $549,000
$810/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Property has solid income with the opportunity to increase value by paving the drive, and filling the vacant pad. No history of septic issues and was just pumped and inspected in September. The fact that all but the stick-built home are tenant-owned via owner finance contracts means that the maintenance costs for the owner should be minimal. This is a great benefit for those looking to invest in a property with minimal upkeep and maintenance expenses. Overall, this property presents a great investment opportunity for those looking to increase their portfolio and generate additional revenue. The improvements mentioned have the potential to increase the value of the property and make it even more attractive to potential buyers in the future. *Seller is willing to owner finance/carry a significant amount of the purchase price at the following terms: $300,000.00 paid at time of closing via cash or third party financing. The remaining balance of $150,000.00 paid monthly from Buyer to Seller at an interest rate of 8.5% amortized over 30 years to balloon in 5 years. Monthly principal and interest payments to be $1153.38
Zillow last checked: 8 hours ago
Listing updated: April 08, 2024 at 02:50pm
Listed by:
Bryton Crowell 870-273-6420,
Coldwell Banker Village Communities,
Kodi Griffin 870-935-4581,
Coldwell Banker Village Communities
Bought with:
Kodi Griffin, AR
Coldwell Banker Village Communities
Source: CARMLS,MLS#: 24002362
Facts & features
Interior
Appliances
- Included: None
Features
- Flooring: Other
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
Lot
- Size: 5 Acres
- Features: Level
Details
- Parcel number: 00108621000
- Zoning: ?
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other (see remarks)
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Searcy
- Subdivision: Metes & Bounds
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $450,000 |
Source: | ||
| 2/14/2024 | Contingent | $450,000 |
Source: | ||
| 2/14/2024 | Pending sale | $450,000 |
Source: Northeast Arkansas BOR #10112320 | ||
| 1/23/2024 | Listed for sale | $450,000+80% |
Source: Northeast Arkansas BOR #10112320 | ||
| 12/1/2023 | Sold | $250,000 |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $390 | $9,790 |
| 2024 | $390 | $9,790 |
| 2023 | $390 +0.1% | $9,790 +0.1% |
Find assessor info on the county website
Neighborhood: 72143
Nearby schools
GreatSchools rating
- 6/10Mcrae Elementary SchoolGrades: K-3Distance: 1.7 mi
- 6/10Ahlf Junior High SchoolGrades: 7-8Distance: 1.8 mi
- 8/10Searcy High SchoolGrades: 9-12Distance: 1.9 mi

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.

