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  • $75,000

    507 W Academy Ave, Searcy, AR 72143

    3beds
    1,188sqft
    Single Family Residence
    Built in 1945
    7,405 Square Feet Lot
    $75,700 Zestimate®
    $63/sqft
    $1,169 Estimated rent

    Home value

    $75,700

    $60,000 - $95,000

    $1,169/mo

    Zestimate® history
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    $1,169/mo

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    $1,169/mo

    Rent Zestimate®

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    $350/mo

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    $350/mo

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    What's special

    If you are on the hunt for an affordable home or a promising investment opportunity, this property in the heart of Searcy could be just what you need. Its prime location places you mere minutes away from essential amenities such as schools, shopping, downtown, and a variety of dining options, making it an excellent choice for those who want to fully experience city life. This home has a proven track record as a rental property, which adds to its appeal for investors. Whether you are a veteran in the real estate market or a newcomer eager to start your journey, this property holds the potential for strong returns and future growth. The HVAC and heating systems have been well-maintained, enhancing the overall comfort of the home. With minimal repairs needed, the house is ready for you to move in without delay. Given its favorable location and investment potential, this Searcy home is truly a rare find. Whether you're looking to invest or to settle down in a new place, this property caters to all your needs. Don’t let this opportunity slip away—schedule a visit today to see it for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lola M Philpott 501-388-7367,

    RE/MAX Advantage,

    John S Philpott 501-388-7372,

    RE/MAX Advantage

    Bought with:

    Jami Honey, AR

    RE/MAX Advantage

    Source: CARMLS,MLS#: 25003104MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Dining room
    • Features: Kitchen/Dining Combo
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Free-Standing Range, Electric Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • 3 Bedrooms Same Level
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,405 Square Feet
    • Features: Sloped, Subdivided
    Details
    • Parcel number: 01601524000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Metal/Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Electric: Elec-Municipal (+Entergy)
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: JONES ADD (SEARCY)
    HOA
    • Has HOA: No
    Location
    • Region: Searcy

    Financial & listing details

    • Price per square foot: $63/sqft
    • Tax assessed value: $40,800
    • Annual tax amount: $331
    • Date on market: 1/24/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/25/2025Sold$75,000-11.8%$63/sqft
    Source: CARMLS #25003104 Report a problem
    1/24/2025Listed for sale$85,000+7024.9%$72/sqft
    Source: CARMLS #25003104 Report a problem
    11/25/2013Sold$1,193$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$331 $8,160
    2024$331 $8,160
    2023-- $8,160 +3.7%
    2022$320 -3.6%$7,870 -3.6%
    2021$331 $8,160 +14.1%
    2020-- $7,150
    2019$290 $7,150
    2018$290 +0%$7,150
    2017$290 $7,150
    2016$290 -13.8%$7,150 -13.8%
    2015$337 $8,290
    2014$337 $8,290
    2013$337 $8,290
    2012-- $8,290
    2011-- $8,290 +11.9%
    2010-- $7,410
    2009-- $7,410 +31.6%
    2008-- $5,630
    2007-- $5,630
    2006-- $5,630 +19.8%
    2005-- $4,700
    2004-- $4,700
    2003-- $4,700 +4.9%
    2002-- $4,480
    2001-- $4,480
    Find assessor info on the county website

    Neighborhood: 72143

    Nearby schools

    GreatSchools rating
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    $75,700
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    +$1,514
    With Zillow Showcase(estimated)
    $77,214