Land Investing

The following is for a house located in Chicot County, Arkansas

 

Listing price is $2999.

Deed processing and recording fee is $499

 

Highlights: 

This listing is for a house located at 901 S Freeman St. Dermott, Arkansa 71638.

Nearby by shops, schools, and many amenities.

Pictures are taken from Google and may not be up to date.

Legal Description: Block 11, Lot 1 & 2, A Subdivision of Dickens Addition, Chicot County, AR

Parcel ID#: 050-01897-000

Address: 901 Freeman St., Dermott, Arkansas 71638

Lot Size: 14,000 sq. ft.( 0.32 acres)

Lot Dimensions: 100 feet by 140 feet

House: 1183 SQ FT Living area with Carport (26 Ft by 14 Ft). Per County Record.

Market Value per county website: $14,700

Assessed year 2014.

Back TAX DUE: $263.22. This needs to be paid immediately.

Current year tax due: $187.79. Buyer will be responsible for paying all back taxes and current year taxes.

We do not know the current condition or the value of the house.

The house sits on a lot that on the corner of S Freeman Street and Moss Street in southern Dermott, Arkansas, approximately 70 miles south-southeast of Pine Bluff. 

The house is older, clapboard construction on pier and beam, as reported by the County Assessor’s Office.

The house has an unknown number of bedrooms, but the County appraisal district reports one full bathroom in the house.

Roofing is asphalt shingle and there is an attached carport on the side of the house. This construction is standard for the neighborhood.

The yard is covered in large trees and shrubs. The property lies nine blocks south of the city center with the offices and amenities. 

This is a great opportunity for a starter home for a small family or a rental unit for an investor.

Buyer will be responsible for all back taxes, penalties.

Year built: Unknown

Bed room: unknown

Bath room: unknown

NOTE:

The owner has not visited the property and is not aware of the overall condition. This property will require rehab. The owner acquired the property via tax lien foreclosure.

Property is vacant and needs rehab. This property has been deeply discounted. Buyer should do due diligence on property condition, back taxes, and liens.

PLEASE NOTE: This property may have outstanding back taxes, code violations, Municipal liens and other liens. It is the buyer's responsibility to research the title prior to bidding.

ADDITIONAL TERMS OF SALE

The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.

Tax collector: 870-265-8030

Back TAX DUE: $263.22. This needs to be paid immediately.