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107 Formon Dr

Paragould, AR 72450

4 bd 2 ba 1,319 sqft Built 2022 Lot 7,405 sqft single_family
Most recent sale
$199,900
Feb 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2024 Sold $199,900 Carmls
Jan 3, 2024 Listing removed NEArkansas
Dec 28, 2023 Listed $199,900 NEArkansas
Dec 27, 2023 Listed $199,900 Carmls
Jun 8, 2022 Sold $169,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $35,150 $3,300 $38,450 $1,169
2024 $35,150 $3,300 $38,450 $1,270
2023 $3,300 $3,300 $151
2022 $3,300 $3,300 $151

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,319 sqft
Lot size
7,405 sqft
ZIP code
72450
City
Paragould
Street
Formon Dr
Coordinates
36.08768, -90.48604

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
$1,979
Gross rental yield
11.88%
Implied cap rate
7.72%
Trend-extrapolated value

Frequently asked questions

When did 107 Formon Dr last sell?
107 Formon Dr most recently sold on Feb 9, 2024 for $199,900.
What is the current tax assessment for 107 Formon Dr?
The most recent total assessment for 107 Formon Dr (year 2025) is $38,450 with $1,169 in property tax.
How does 107 Formon Dr's assessment compare to its last sale price?
The current assessment is 80.8% below the last sale price of $199,900.
When was 107 Formon Dr built?
107 Formon Dr was built in 2022.
How does 107 Formon Dr compare to others on Formon Dr?
We track 8 other properties on Formon Dr. Browse the list under "Other properties on Formon Dr" to compare beds, baths, and sale history.
What are the property facts for 107 Formon Dr?
107 Formon Dr is a 4 bed, 2 bath, 1,319 sqft, 7,405 sqft lot single_family.
Is 107 Formon Dr a flip candidate?
No — 107 Formon Dr does not appear in our flips dataset.
Is 107 Formon Dr a tax-appeal candidate?
No — 107 Formon 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
+1.4%
Implied 1-yr
+5.8%
2026 Q3
$214.8K
2026 Q4
$217.7K
ZIP 72450 — Median Price History + Forecast

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