See Home Value
$135,000 - $165,000
House - Off Market

1509 S State

Little Rock, AR 72202
bedrooms
1 Bed
bathrooms
1 Bath
square feet
658 Sqft
Sold Aug 03, 2022
$132,000
$112,200 by Simmons Bank
Mortgage Due Jul 25, 2027
Sold May 05, 2020
$106,000
$84,800 by Arkansas Fcu
Mortgage Due May 01, 2037

About This Property

STR investors! Fully restored in Spring 2000. This charmer is a successful Airbnb (average $1850/mo.) but could also be used for owner-occupancy or simlar investment. Fridge, washer and dryer stay. House is fully furnished for continued STR use. Tesla EV charger conveys. Tankless water heater. Two mini splits. LED recessed lighting. Buyers' agents, see private remarks for access and showings.

The manager has listed the unit size as 658 square feet.
Unit Size
658Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$228
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Mar 5, 2024 No longer available -
No longer available
Jan 26, 2024 Price Increased $150,000
↑ $18K (13.6%)
Price Increased
Jan 24, 2024 Listed $132,000
Listed
Aug 3, 2022 Sold $132,000
Sold
Jun 17, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 658
  • Gross Building Area: 658
  • Building Area: 658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF LR L11
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CITY OF LR S1/2 OF 3 219

Ownership

  • Current Owner : GROBERSKI INVESTMENTS LLC
  • Previous Owner : WAYNE MOIX DANIEL
  • Owner Before Previous Owner: WORLEY CLAIRE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 004700

Geography

  • Parcel: 34L-020-11-169-00
  • Block: 219
  • Lot: 3
  • Meridian: SEC 10 TWN 01N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.735
  • Longitude: -92.2813

    Address

  • Full Address: 1509 S State St
  • Address - House Number: 1509
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C016
  • 4-Digit Zip Code: 3767
  • Zip Code: 72202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $669
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 145,827
  • High Value: 161,301
  • Low Value: 130,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,200
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $112,200
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 25, 2027

    Market Valuation

  • Market Total Value: $47,810
  • Market Land Value: $4,000
  • Market Improvement Value: $43,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,562
  • Assessed Land Value: $800
  • Assessed Improvements Value: $8,762

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11893683673
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54580
  • Previous Sale Recording Date: May 05, 2020
  • Previous Sale Contract Date: May 01, 2020
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $112,200
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 25, 2027

    Previous Mortgages

  • Previous Mortgage Lender: ARKANSAS FCU
  • Previous Mortgage Transaction Date: May 05, 2020
  • Previous Mortgage Loan Amount: $84,800
  • Previous Mortgage Term: 203
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
-
$122,500 Jun 2, 1998
$122,500 Mar 9, 1999
$121/mo
House
3 Beds
1 Bath
1,170 ft²
$131/ft²
$153,000 Jan 8, 2024
-
$66/mo
House
3 Beds
2.5 Baths
1,560 ft²
$90/ft²
$140,000 Jul 3, 2023
-
$63/mo
House
3 Beds
1 Bath
1,286 ft²
$97/ft²
$125,000 Jan 12, 2024
-
$44/mo
House
2 Beds
1 Bath
1,770 ft²
$88/ft²
$155,000 Oct 17, 2023
-
$149/mo
House
3 Beds
2 Baths
1,892 ft²
$79/ft²
$149,900 Sep 22, 2023
-
$66/mo
House
4 Beds
2 Baths
2,377 ft²
$60/ft²
$142,000 Nov 12, 2023
-
$132/mo

About Downtown Little Rock


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Frequently Asked Questions

When was property at 1509 South State Street built and last sold?
The property at 1509 South State Street was built in 1900 and last sold on Jul 22, 2022 for $132,000.
How much is this home worth?
The estimated value of the home located at 1509 South State Street is $150,278.
What are some comparable homes to 1509 South State Street?
Homes that are comparable to 1509 South State Street include a house property at 1621 South State Street, 2314 South Izard Street, 2300 Rock Street.

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