Check Availability
$172,000
↓ $10K (5.5%)
House - For Sale

5718 Woodlawn Drive

Little Rock, AR 72205
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Sqft
$1,021
Estimated Monthly
$0
HOA / Fees
5.02%
Cap Rate

About This Property

Hillcrest home! 2 bed 1 bath home in need of rehab and updating but being offered at a great price, below market value. Perfect for a handyman, flipper, rehabber or do it yourself person to build some sweat equity. Has a bonus room upstairs not included in square footage.  Property being sold as-is, where is, and as seen on day of open house. Some contents that are on the property may remain and will be the responsibility of the buyer. Many of the items outside may remain and will be the responsibility of the buyer to dispose of.  Buyer pays all closing costs, $5000 earnest money deposit. Closing at American Abstract.

The manager has listed the unit size as 864 square feet.
Unit Size
864Ft²
Days on Market
23 days
Land Size
0.12 acres
Price per sqft
$199
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1949
Listed By
Hung Phan
Hung Phan
Keller Williams Realty LR Branch
Last updated: 11 days ago (CARMLS #24011750)

Price History

Date / Event Date Event Price
Apr 16, 2024 Price Decreased $172,000
↓ $10K (5.5%)
Price Decreased
Apr 6, 2024 Listed by eXp Realty LLC $182,000
Listed by eXp Realty LLC

Property Highlights

Exterior Details

Exterior Information

Metal
Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN PK E45OF LTS 7-8-9 & 10 21

Ownership

  • Current Owner : LEISMAN ERIC
  • Previous Owner : WILLIS WALTER
  • Previous Owner 2: WILLIS LOUIS A

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 001501

Geography

  • Parcel: 33L-045-00-239-00
  • Block: 21
  • Lot: 7
  • Meridian: SEC 31 TWN 02N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7567
  • Longitude: -92.3376

    Address

  • Full Address: 5718 Woodlawn Dr
  • Address - House Number: 5718
  • Address - Street Name: Woodlawn
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C046
  • 4-Digit Zip Code: 3251
  • Zip Code: 72205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,950
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1224
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 127,444
  • High Value: 143,051
  • Low Value: 111,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 11, 2007
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $170,340
  • Market Land Value: $92,000
  • Market Improvement Value: $78,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,068
  • Assessed Land Value: $18,400
  • Assessed Improvements Value: $15,668

    Sales

  • Current Sale Contract Date: May 25, 2007
  • Current Sale Recording Date: Jun 01, 2007
  • Current Sale Transaction ID: 11461092296
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007043207

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Jun 01, 2007
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
2 Baths
-
$133,000 Jul 21, 1994
$133,000 Mar 30, 1995
$133/mo
House
2 Beds
2 Baths
1,116 ft²
$178/ft²
$199,000 Apr 26, 2024
-
$91/mo
Townhouse
2 Beds
2 Baths
1,062 ft²
$155/ft²
$165,000 Mar 15, 2024
-
$354/mo
House
3 Beds
1.5 Baths
1,152 ft²
$165/ft²
$189,900 Feb 29, 2024
-
$174/mo
Land
Loft
-
-
$199,000 Jan 9, 2024
-
$61/mo

About Hillcrest


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Frequently Asked Questions

When was property at 5718 Woodlawn Drive built and last sold?
The property at 5718 Woodlawn Drive was built in 1949 and last sold on May 25, 2007 for $85,000.
How much is this home worth?
The estimated value of the home located at 5718 Woodlawn Drive is $173,299.
What are some comparable homes to 5718 Woodlawn Drive?
There are currently no comparable homes to 5718 Woodlawn Drive.

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