NOT LISTED FOR SALE

16 Reservoir Heights Dr Little Rock, AR 72227

Reservoir Neighborhood

Estimated Value: $139,000 - $149,000

2 Beds
2 Baths
1,279 Sq Ft
$271/mo HOA Fee

Last Sold October 21, 2022

Last sale price $129,900 $102 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,228/month

85 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Central High School Rated A
  • Sun or Florida Room
  • Screened Porch

About This Home

As of October 2022

**SELLER SAYS "BRING AN OFFER!" ** Beautiful, well-kept condo with treetop views! Spacious bedrooms and living area with a fireplace. You'll also love the sun room and patio. New paint, new garbage disposal 2022, new dishwasher 2021, HVAC regularly serviced. This condo is in a lovely setting with lots of trees and is move in ready. Come take a look!

Last Listed By

Milicent McDonald

ERA TEAM Real Estate Listed on: 06/16/2022

ERA TEAM Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1981

HOA Fees

  • $271 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space
  • Termite Clearance
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Pad
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Other Mandatory Fees
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,224

Year Built

Built in 1981

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Covered Patio, Outside Storage Area, Patio, Screened Porch
  • Inside City Limits: Yes
  • LVT Date: 06/16/2022
  • Price Per Sq Ft: 101.56
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1981
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1279
  • Bedrooms: 2
  • Floors: Laminate, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Disposal, Dishwasher, Electric Range, Free-Standing Stove, Pantry, Refrigerator-Stays
  • Other Rooms: Sun Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Assigned, Parking Pads, Two Car

Utilities

  • Utilities: Elec-Municipal (+Entergy), Gas-Natural, Sewer-Public, Water-Public
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Clubhouse, Mandatory Fee, Playground, Swimming Pool(s)
  • Condo Association Fee: Building Exterior, Grounds, Garbage, Termite Contract, Water/Sewer
  • Condo Association Fee: 271
  • Frequency: Monthly

Green Features

  • Energy Features: Insulated Windows

Lot Info

  • Lot: In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Oct 20, 2022
Sold by
Clark Allison Marie
Bought by
Wood Sara
Seller's Agent
Milicent McDonald
ERA TEAM Real Estate
Buyer's Agent
Nicole Garmany
Exp Realty
List Price
$132,900
Sold Price
$129,900
Premium/Discount to List
-$3,000
-2.26%
Total Days on Market
85
Current Estimated Value
$145,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,748
Avg. Annual Appreciation
4.65%
Original Mortgage
$127,546
Outstanding Balance
$123,515
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$22,133

Purchase Details

Closed on
Sep 28, 2017
Sold by
Alimond Laura M and Caviness Laura
Bought by
Clark Allison Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Taylor Roxann
Bought by
Caviness Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,700
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Foster Sandra
Bought by
Taylor Roxann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,950
Interest Rate
7.13%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wood Sara $129,900 American Abstract & Title
Clark Allison Marie $99,000 Lenders Title Company
Caviness Laura $125,000 Stewart Title Of Arkansas
Taylor Roxann $89,000 Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Sara $127,546
Previous Owner Clark Allison Marie $99,000
Previous Owner Caviness Laura $118,700
Previous Owner Taylor Roxann $79,979
Previous Owner Taylor Roxann $86,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $129,900 0.0% $102 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $129,900 -2.3% $102 / Sq Ft
08/21/2022 08/21/22 For Sale $132,900 0.0% $104 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $132,900 0.0% $104 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $132,900 -1.6% $104 / Sq Ft
06/16/2022 06/16/22 For Sale $135,000 -- $106 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,749 $24,985 $0 $24,985
2022 $1,337 $24,985 $0 $24,985
2021 $1,224 $17,360 $0 $17,360
2020 $1,215 $17,360 $0 $17,360
2019 $1,215 $17,360 $0 $17,360
2018 $1,215 $17,360 $0 $17,360
2017 $1,215 $17,360 $0 $17,360
2016 $1,558 $22,250 $0 $22,250
2015 $1,560 $22,250 $0 $22,250
2014 $1,560 $22,250 $0 $22,250
Source: Public Records

Agents Affiliated with this Home

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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22019988

Cooperative Arkansas REALTORS® MLS

APN: 43L-183-00-016-00