116 Drake Dr
Lake City, AR 72437
3 bd 2 ba 1,128 sqft Built 2021 Lot 10,890 sqft single_family
Most recent sale
$152,250
Dec 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Listed | $185,000 | MLS #37240 |
| Dec 17, 2021 | Sold | $152,250 | Public Record |
| Sep 20, 2021 | Listed | $152,250 | MLS #21030781 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $23,181 | $5,000 | $28,181 | $874 |
| 2024 | $23,181 | $5,000 | $28,181 | $974 |
| 2023 | $23,181 | $5,000 | $28,181 | $1,049 |
| 2022 | $23,181 | $5,000 | $28,181 | $1,099 |
| 2021 | — | $2,500 | $2,500 | $138 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,128 sqft
Lot size
10,890 sqft
ZIP code
72437
City
Lake City
Street
Drake Dr
Coordinates
35.82342, -90.45147
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,692
Gross rental yield
13.34%
Implied cap rate
8.67%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Drake Dr last sell?
116 Drake Dr most recently sold on Dec 17, 2021 for $152,250.
What is the current tax assessment for 116 Drake Dr?
The most recent total assessment for 116 Drake Dr (year 2025) is $28,181 with $874 in property tax.
How does 116 Drake Dr's assessment compare to its last sale price?
The current assessment is 81.5% below the last sale price of $152,250.
When was 116 Drake Dr built?
116 Drake Dr was built in 2021.
How does 116 Drake Dr compare to others on Drake Dr?
We track 5 other properties on Drake Dr. Browse the list under "Other properties on Drake Dr" to compare beds, baths, and sale history.
What are the property facts for 116 Drake Dr?
116 Drake Dr is a 3 bed, 2 bath, 1,128 sqft, 10,890 sqft lot single_family.
Is 116 Drake Dr a flip candidate?
No — 116 Drake Dr does not appear in our flips dataset.
Is 116 Drake Dr a tax-appeal candidate?
No — 116 Drake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.4%
2026 Q3
$156.4K
2026 Q4
$153.6K
ZIP 72437 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake Dr