Owner
$559,296
524 PEARCE RD, QUITMAN, AR
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
2
sq. ft.
2,864
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C+
Average Condition
Living Area
Attached Garage
2 Stories
Unspecified Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1998
Building Size
2,864 sq ft
Lot Size
54,319 sq ft
Lot Size (Acres)
1.25 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
002-07870-104
County
Cleburne County, Arkansas
Metro Area
—
Zoning
—
Neighborhood/Subdivision
TURKEY HOLLOW
Lot Number
4
School District
Heber Springs School District
Legal Description
—
Tax & Value Information
Market Value (Total)
$426,655
Building Value
$369,185
Land Value
$57,470
Annual Property Tax
$3,302
Tax Assessment Year
2024
Assessed Value
$85,331
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/13/2021
Recording Date
4/15/2021
Sales Document #
2021.2632
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$21,642
Return on Investment
15.60%
After Repair Value
$615,226
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$503,366
Renovation Cost
$27,965
Closing Costs (buying)
$10,067
Holding Costs
$15,272
Selling Costs
$36,914
Total Investment
$138,705
After Repair Value (ARV)
$615,226
Total Costs
$593,584
Estimated Profit
$21,642
Cash Invested
$128,638
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area