See Home Value
West Memphis 72301
406 GIBSON AVENUE
$140,078*
House - Off Market

406 GIBSON AVENUE

West Memphis, AR 72301
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1262 Sqft
$126,000 - $152,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jan 05, 2022
$135,000
Sold Dec 20, 2021
$135,000
$132,554 by First Trust Home Loans Inc
Mortgage Due Jan 01, 2052

About This Property

REDUCED REDUCED!!! $10,000 floor repair allowance. Cute cute! Recently remodeled home in a great center of town location.  Just steps away from the new elementary and middle schools.  This home has an extra room that could be used for a family/bonus room or a fourth bedroom.  Don't miss out on this one.

The manager has listed the unit size as 1262 square feet.
Unit Size
1,262Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
May 10, 2023 No longer available -
No longer available
Feb 4, 2023 Price Decreased $139,000
↓ $26K (15.8%)
Price Decreased
Dec 20, 2022 Listed $165,000
Listed
Dec 20, 2021 Sold to Harley Mitchell $135,000
Sold to Harley Mitchell

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIBSON
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT BK 1 PG 76 PLAT BK 1 PG 271

Ownership

  • Current Owner : MITCHELL HARLEY
  • Previous Owner : BOSHERS CARL
  • Owner Before Previous Owner: BOSHERS CARL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Memphis School District
  • School Tax School District: WEST MEMPHIS
  • School Tax District Code 2: WEST MEMPHIS
  • Census Tract: 030201

Geography

  • District: 361
  • Parcel: 361010000000
  • Block: 1
  • Lot: 9
  • Meridian: SEC 12 TWN 06 RNG 08
  • Municipality: WEST MEMPHIS SPECIAL
  • Latitude: 35.1546
  • Longitude: -90.1944

    Address

  • Full Address: 406 Gibson Ave
  • Address - House Number: 406
  • Address - Street Name: Gibson
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: West Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 3026
  • Zip Code: 72301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415
  • Tax Rate Code Area: 114

    Appraisal Valuation

  • Standard Deviation: 0.1137
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 134,499
  • High Value: 149,802
  • Low Value: 119,195

    Market Valuation

  • Market Total Value: $87,115
  • Market Land Value: $19,500
  • Market Improvement Value: $67,615

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,423
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $13,523

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Transaction ID: 11877950039
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-00055
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Dec 15, 2021
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TRUST HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 20, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $132,554
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,319 ft²
$65/ft²
$150,000 Jan 12, 2023
-
-

About West Memphis


Similar Homes for Sale

Unit for sale at 320 West Cooper Avenue, West Memphis, AR 72301

$150,000

  • 3 Beds
  • 2 Baths
  • 2,319 ft²
320 West Cooper Avenue, West Memphis, AR 72301 Listing by Dianne Felty Person

Nearby Rentals



Frequently Asked Questions

When was property at 406 Gibson Avenue built and last sold?
The property at 406 Gibson Avenue was built in 1951 and last sold on Dec 15, 2021 for $135,000.
How much is this home worth?
The estimated value of the home located at 406 Gibson Avenue is $164,587.
What are some comparable homes to 406 Gibson Avenue?
Homes that are comparable to 406 Gibson Avenue include a house property at 320 West Cooper Avenue, located in West Memphis, AR.

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