NOT LISTED FOR SALE

1 Magnetic Rd Eureka Springs, AR 72632

Estimated Value: $241,725 - $280,000

3 Beds
2 Baths
1,537 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $150,000 $98 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,481/month

525 Days on Market

Highlights

  • Barn
  • Deck
  • Wood Flooring
  • Eureka Springs Elementary School Rated A-
  • Wooded Lot
  • 2-minute walk to Eureka Springs Music Park

About This Home

As of April 2012

3/2 FARMHOUSE STYLE HOME IN THE HISTORIC DISTRICT. GLASS ENCLOSED SUN PORCH WITH EXTRA LARGE DECK AND 1 ACRE OF LAND M/L. NEW METAL ROOF, LARGE UTILITY ROOM WITH WASHER & DRYER INCLUDED, SMALL BARN. SHORT WALK TO DOWNTOWN AREA.

Last Agent to Sell the Property

P. Henry Thornton

Arkansas Complete Realty License #PB00056008 Listed on: 10/15/2010

Last Buyer's Agent

Cheryl Colbert

Hooks Realty License #EB00063311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1940

Lot Details

  • Landscaped
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as Commercial

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,537 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • City Lot
  • Barn

Community Details

  • Magnetic Bays Subdivision
  • Shops

Listing and Financial Details

  • Tax Block 1 & 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 1 acre plus mol
  • Road Frontage Type: Public Road
  • Subdivision Name: Magnetic Bays
  • Directions: FROM HISTORIC DOWNTOWN, GO N ON MAIN STREET (HWY 23 N), TURN RIGHT ON MAGNETIC ROAD (PASSION PLAY ENTRANCE) FIRST DRIVEWAY ON RIGHT, HOME IS AT TOP OF DRIVEWAY.
  • Architectural Style: Farmhouse, Hill Country
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 1537.0

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Landscaped, Resort Property, Sloped, Wooded
  • Waterfront Features: None
  • Construction Type: Metal Siding
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Stone
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning Description: Commercial
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Block: 1 & 2
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Thompson Pauline Adele
Bought by
Evanston Llc
Current Estimated Value
$262,181

Purchase Details

Closed on
Jun 26, 2020
Sold by
Maloney Ina and Cox Ina
Bought by
Brix Ryan J and Brix Rachel M

Purchase Details

Listed on
Oct 15, 2010
Closed on
Apr 23, 2012
Sold by
Weems Arlie and Malone Glenda Marion
Bought by
Brix Ryan J and Brix Rachel M
Seller's Agent
P. Henry Thornton
Arkansas Complete Realty
Buyer's Agent
Cheryl Colbert
Hooks Realty
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$156,774
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2010
Closed on
Apr 20, 2012
Sold by
Weems Arlie and Malone Glenda Marion
Bought by
Brix Ryan J and Brix Rachel M
Seller's Agent
P. Henry Thornton
Arkansas Complete Realty
Buyer's Agent
Cheryl Colbert
Hooks Realty
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,774
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Weems Weems and Weems O
Bought by
Weems Weems and Weems G

Purchase Details

Closed on
Dec 21, 1999
Sold by
Weems
Bought by
Weems

Purchase Details

Closed on
Jan 28, 1972
Bought by
From From F and From L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evanston Llc -- First National Title
Evanston Llc -- First National Title
Brix Ryan J -- Kings River Title
Brix Ryan J $150,000 Stewart Title Company
Brix Ryan J $150,000 Stewart Title Company
Weems Weems $50,000 --
Weems -- --
From From F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brix Ryan J $156,774
Previous Owner Brix Ryan J $156,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2012 04/23/12 Sold $150,000 -11.2% $98 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
10/15/2010 10/15/10 For Sale $169,000 -- $110 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,023 $26,800 $7,350 $19,450
2023 $945 $26,800 $7,350 $19,450
2022 $866 $26,800 $7,350 $19,450
2021 $787 $15,570 $3,200 $12,370
2020 $412 $15,570 $3,200 $12,370
2019 $430 $15,570 $3,200 $12,370
2018 $455 $15,570 $3,200 $12,370
2017 $455 $15,570 $3,200 $12,370
2016 $655 $19,890 $9,000 $10,890
2014 -- $19,890 $9,000 $10,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 618091

Northwest Arkansas Board of REALTORS®

APN: 925-00256-000