116 Palm St
Little Rock, AR 72205
2 bd 2 ba 1,391 sqft Built 1950 Lot 6,970 sqft single_family
Most recent sale
$295,000
May 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 4, 2022 | Sold | $295,000 | Public Record |
| Apr 28, 2022 | Sold | $295,000 | Carmls |
| Mar 18, 2022 | Listed | $285,000 | MLS #22008624 |
| Aug 10, 2017 | Sold | $185,500 | MLS #17011599 |
| Jun 5, 2017 | Price changed | $194,900 | MLS #17011599 |
| Apr 18, 2017 | Listed | $197,000 | MLS #17011599 |
| Apr 18, 2017 | Listing removed | $199,000 | Carmls |
| Apr 3, 2017 | Price changed | $199,000 | MLS #16031542 |
| Jan 11, 2017 | Price changed | $204,000 | MLS #16031542 |
| Nov 30, 2016 | Price changed | $213,500 | MLS #16031542 |
| Oct 26, 2016 | Listed | $219,500 | MLS #16031542 |
| Sep 22, 2004 | Sold | $105,000 | Public Record |
| Jul 10, 2000 | Sold | $86,782 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,216 | $10,400 | $52,616 | $3,683 |
| 2024 | $42,216 | $10,400 | $52,616 | $3,683 |
| 2023 | $42,216 | $10,400 | $52,616 | $3,258 |
| 2022 | $42,216 | $10,400 | $52,616 | $2,984 |
| 2021 | $27,810 | $12,800 | $40,610 | $2,863 |
| 2020 | $27,810 | $12,800 | $40,610 | $2,843 |
| 2018 | $27,810 | $12,800 | $40,610 | $2,493 |
| 2017 | $27,810 | $12,800 | $40,610 | $2,110 |
| 2016 | $25,470 | $8,000 | $33,470 | $2,460 |
| 2015 | $25,470 | $8,000 | $33,470 | $2,343 |
| 2014 | $25,470 | $8,000 | $33,470 | $2,346 |
| 2013 | $25,470 | $8,000 | $33,470 | $2,346 |
| 2012 | $18,840 | $8,000 | $26,840 | $2,346 |
| 2011 | $18,900 | $6,000 | $24,900 | $1,755 |
| 2010 | $18,900 | $6,000 | $24,900 | $1,644 |
| 2009 | $15,314 | $6,000 | $21,314 | $1,495 |
| 2008 | $15,314 | $6,000 | $21,314 | $1,359 |
| 2007 | $15,314 | $6,000 | $21,314 | $1,254 |
| 2006 | $15,314 | $6,000 | $21,314 | $1,125 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,391 sqft
Lot size
6,970 sqft
ZIP code
72205
City
Little Rock
Street
Palm St
Coordinates
34.75244, -92.32535
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
$2,087
Gross rental yield
8.49%
Implied cap rate
5.52%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Palm St last sell?
116 Palm St most recently sold on May 4, 2022 for $295,000.
What is the current tax assessment for 116 Palm St?
The most recent total assessment for 116 Palm St (year 2025) is $52,616 with $3,683 in property tax.
How does 116 Palm St's assessment compare to its last sale price?
The current assessment is 82.2% below the last sale price of $295,000.
When was 116 Palm St built?
116 Palm St was built in 1950.
How does 116 Palm St compare to others on Palm St?
We track 8 other properties on Palm St. Browse the list under "Other properties on Palm St" to compare beds, baths, and sale history.
What are the property facts for 116 Palm St?
116 Palm St is a 2 bed, 2 bath, 1,391 sqft, 6,970 sqft lot single_family.
Is 116 Palm St a flip candidate?
No — 116 Palm St does not appear in our flips dataset.
Is 116 Palm St a tax-appeal candidate?
No — 116 Palm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$339K
2026 Q4
$345.3K
ZIP 72205 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palm St