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506 Cambridge Place Dr

Little Rock, AR 72227

3 bd 3 ba 2,488 sqft Built 1979 condos
Most recent sale
$245,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $245,000 Public Record
May 31, 2022 Sold $245,000 Carmls
Mar 11, 2022 Price changed $255,000 MLS #22006099
Feb 27, 2022 Listed $265,000 MLS #22006099
Aug 16, 2018 Sold $180,000 MLS #10372415
May 19, 2014 Sold $180,000 Public Record
May 14, 2014 Sold $180,000 Carmls
Dec 27, 2013 Listed $199,000 MLS #10372415
Nov 11, 2013 Listing removed $207,000 Carmls
Jul 23, 2013 Price changed $207,000 MLS #10341832
Feb 25, 2013 Listed $215,000 MLS #10341832
Nov 26, 2012 Listing removed $225,000 Carmls
Sep 18, 2012 Listed $225,000 MLS #10329130

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,893 $48,893 $3,422
2024 $48,893 $48,893 $3,422
2023 $48,893 $48,893 $3,422
2022 $48,893 $48,893 $3,124
2021 $42,510 $42,510 $2,996
2020 $42,510 $42,510 $2,975
2018 $42,510 $42,510 $2,625
2017 $42,510 $42,510 $2,530
2016 $42,510 $42,510 $2,880
2015 $39,190 $39,190 $2,393
2014 $39,190 $39,190 $2,397
2013 $39,190 $39,190 $2,747
2012 $39,190 $39,190 $2,747
2011 $39,190 $39,190 $2,264
2010 $45,318 $45,318 $2,145
2009 $45,318 $45,318 $2,025
2008 $47,654 $47,654 $1,912
2007 $45,318 $45,318 $1,814
2006 $45,318 $45,318 $1,722

Property facts

Year built
1979
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
2,488 sqft
Lot size
ZIP code
72227
City
Little Rock
Street
Cambridge Place Dr
Coordinates
34.78379, -92.39047

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Cambridge Place Dr last sell?
506 Cambridge Place Dr most recently sold on Jun 2, 2022 for $245,000.
What is the current tax assessment for 506 Cambridge Place Dr?
The most recent total assessment for 506 Cambridge Place Dr (year 2025) is $48,893 with $3,422 in property tax.
How does 506 Cambridge Place Dr's assessment compare to its last sale price?
The current assessment is 80.0% below the last sale price of $245,000.
When was 506 Cambridge Place Dr built?
506 Cambridge Place Dr was built in 1979.
How does 506 Cambridge Place Dr compare to others on Cambridge Place Dr?
We track 8 other properties on Cambridge Place Dr. Browse the list under "Other properties on Cambridge Place Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Cambridge Place Dr?
506 Cambridge Place Dr is a 3 bed, 3 bath, 2,488 sqft condos.
Is 506 Cambridge Place Dr a flip candidate?
No — 506 Cambridge Place Dr does not appear in our flips dataset.
Is 506 Cambridge Place Dr a tax-appeal candidate?
No — 506 Cambridge Place Dr 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
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$365.7K
2026 Q4
$376.9K
ZIP 72227 — Median Price History + Forecast

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