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2994 State Highway 116

Booneville, AR 72927

3 bd 1 ba 1,008 sqft Built 1954 Lot 43,560 sqft single_family
Most recent sale
$105,000
Feb 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2024 Sold $105,000 Russellville
Jan 21, 2024 Listed $105,400 Russellville
Jul 6, 2021 Sold $67,500 Public Record
Jan 1, 2016 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $19,702 $560 $20,262 $374
2024 $19,702 $560 $20,262 $33
2023 $7,570 $900 $8,470 $33
2022 $7,570 $900 $8,470 $33
2021 $7,570 $900 $8,470 $357
2020 $7,570 $900 $8,470 $357
2018 $6,010 $750 $6,760 $325
2017 $6,010 $750 $6,760 $325
2006 $4,970 $1,300 $6,270 $1

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,008 sqft
Lot size
43,560 sqft
ZIP code
72927
City
Booneville
Street
State Highway 116
Coordinates
35.15383, -93.87749

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2994 State Highway 116 last sell?
2994 State Highway 116 most recently sold on Feb 22, 2024 for $105,000.
What is the current tax assessment for 2994 State Highway 116?
The most recent total assessment for 2994 State Highway 116 (year 2025) is $20,262 with $374 in property tax.
How does 2994 State Highway 116's assessment compare to its last sale price?
The current assessment is 80.7% below the last sale price of $105,000.
When was 2994 State Highway 116 built?
2994 State Highway 116 was built in 1954.
How does 2994 State Highway 116 compare to others on State Highway 116?
We track 8 other properties on State Highway 116. Browse the list under "Other properties on State Highway 116" to compare beds, baths, and sale history.
What are the property facts for 2994 State Highway 116?
2994 State Highway 116 is a 3 bed, 1 bath, 1,008 sqft, 43,560 sqft lot single_family.
Is 2994 State Highway 116 a flip candidate?
No — 2994 State Highway 116 does not appear in our flips dataset.
Is 2994 State Highway 116 a tax-appeal candidate?
No — 2994 State Highway 116 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.0%
2026 Q2
$181.4K
2026 Q3
$183.9K
ZIP 72927 — Median Price History + Forecast

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