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407 School St

Lincoln, AR 72744

3 bd 3 ba 2,289 sqft Built 1975 Lot 13,504 sqft single_family
Most recent sale
$272,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $272,000 MLS #1206026
Apr 7, 2022 Sold $205,000 Public Record
Feb 7, 2022 Price changed $259,000 MLS #1206026
Jan 3, 2022 Listed $269,000 MLS #1206026
Sep 27, 2021 Sold $240,000 MLS #1194084
Aug 12, 2021 Listed $279,900 MLS #1194084

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,700 $17,700 $73,400 $3,319
2024 $55,700 $17,700 $73,400 $3,419
2022 $55,700 $17,700 $73,400 $2,421
2021 $37,990 $6,680 $44,670 $1,603
2020 $37,990 $6,680 $44,670 $1,082
2019 $29,140 $5,570 $34,710 $1,083
2018 $29,140 $5,570 $34,710 $1,107
2017 $29,140 $5,570 $34,710 $1,094
2016 $29,140 $5,570 $34,710 $1,094
2015 $29,140 $5,570 $34,710 $1,094
2014 $29,140 $5,570 $34,710 $1,094
2013 $26,170 $7,090 $33,260 $1,093
2012 $26,170 $7,090 $33,260 $1,093
2011 $26,170 $7,090 $33,260 $1,093
2010 $26,170 $7,090 $33,260 $1,106
2009 $26,170 $7,090 $33,260 $970
2007 $18,644 $7,090 $25,734 $967
2005 $17,250 $5,780 $23,030 $922

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,289 sqft
Lot size
13,504 sqft
ZIP code
72744
City
Lincoln
Street
School St
Coordinates
35.95501, -94.41909

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,632
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 School St last sell?
407 School St most recently sold on May 31, 2022 for $272,000.
What is the current tax assessment for 407 School St?
The most recent total assessment for 407 School St (year 2025) is $73,400 with $3,319 in property tax.
How does 407 School St's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $272,000.
When was 407 School St built?
407 School St was built in 1975.
How does 407 School St compare to others on School St?
We track 7 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 407 School St?
407 School St is a 3 bed, 3 bath, 2,289 sqft, 13,504 sqft lot single_family.
Is 407 School St a flip candidate?
Yes — 407 School St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 School St a tax-appeal candidate?
No — 407 School St 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
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$292.6K
2026 Q4
$300K
ZIP 72744 — Median Price History + Forecast

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