NOT LISTED FOR SALE

1040 Madison 6115 Elkins, AR 72727

Estimated Value: $250,000 - $309,000

3 Beds
1 Bath
1,656 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $160,000 $97 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,459/month

8 Days on Market

Highlights

  • Home fronts a pond
  • Wood Burning Stove
  • No HOA
  • Deck
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of November 2020

Looking for your next place to call home? Look no further than 1040 Madison 6115 in Elkins, Ar! This property comes with beautiful 16.95 acres, fully stocked pond, two work shops, and a 3 bed 1 bathroom home all for just $180,000. Go see it before it is too late!

Last Agent to Sell the Property

Mike Duley

Keller Williams Market Pro Realty - Rogers Branch Listed on: 10/01/2020

Keller Williams Market Pro Realty - Rogers Branch

Last Buyer's Agent

David Locke

eXp Realty NWA Branch

eXp Realty NWA Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170

Year Built

  • Built in 1947

Lot Details

  • 16.95 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Wire Fence

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outbuilding
  • Porch

Location

  • Outside City Limits

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$170

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.95
  • Road Frontage Type: County Road
  • Subdivision Name: n/a
  • Directions: From W 15th St/AR-16, turn left onto Cty. Rd 6578. Cty. Rd. 6578 becomes Cty. Rd. 3, & then Cty. Rd 189, & then Cty. Rd. 321. Take the 1st left onto Pinnacle Rd. Pinnacle Rd becomes Cty. Rd. 6115. 1040 Madison 6115 is on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), None, Wood Burning Stove
  • Living Area: 1656.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Wire
  • Lot Features: Not In Subdivision, None, Outside City Limits
  • Pool Features: None
  • Waterfront Features: Pond
  • Construction Type: Other, See Remarks
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Stone
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 170.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 9, 2020
Sold by
Couch Stephen L and Couch Jenice
Bought by
Razuri Maria and Torbett James
Seller's Agent
Mike Duley
Keller Williams Market Pro Realty - Rogers Branch
Buyer's Agent
David Locke
eXp Realty NWA Branch
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Current Estimated Value
$269,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,918
Avg. Annual Appreciation
13.88%
Original Mortgage
$157,102
Outstanding Balance
$117,473
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$183,089

Purchase Details

Closed on
Apr 14, 2017
Sold by
Newbill Samuel A and Newbill Lexie Lucille
Bought by
Couch Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2016
Sold by
Winters Lori Renae
Bought by
Couch Stephen Len

Purchase Details

Closed on
Jun 25, 1992
Bought by
Newbill Sam and Newbill Lexie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Razuri Maria $160,000 None Available
Couch Stephen L -- None Available
Couch Stephen Len -- None Available
Newbill Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torbett James $70,000
Open Razuri Maria $157,102
Previous Owner Couch Stephen L $35,000
Previous Owner Newbill Samuel A $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $160,000 -11.1% $97 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $180,000 -- $109 / 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 $257 $30,120 $1,940 $28,180
2023 $248 $14,910 $1,620 $13,290
2022 $298 $14,910 $1,620 $13,290
2021 $298 $14,910 $1,620 $13,290
2020 $173 $12,070 $1,580 $10,490
2019 $170 $12,070 $1,580 $10,490
2018 $155 $12,230 $1,580 $10,650
2017 $197 $13,320 $2,170 $11,150
2016 $199 $13,320 $2,170 $11,150
2015 $293 $15,560 $2,800 $12,760
2014 -- $15,560 $2,800 $12,760
2013 -- $15,560 $2,800 $12,760
Source: Public Records

Agents Affiliated with this Home

  • Mike Duley

    Seller's Agent in 2020

    Mike Duley

    Keller Williams Market Pro Realty - Rogers Branch

    (479) 586-4663

    1,028 Total Sales

    Mike Duley
    Section Image

  • D

    Buyer's Agent in 2020

    David Locke

    eXp Realty NWA Branch

    (479) 282-2380

    195 Total Sales

    David Locke
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1161223

Northwest Arkansas Board of REALTORS®

APN: 001-05654-000

Arkansas Madison County Elkins 72727

1040 Madison 6115, Elkins, AR

This home is located at 1040 Madison 6115, Elkins, AR 72727 since 01 October 2020 and is currently estimated at $269,918, approximately $162 per square foot. This property was built in 1947. 1040 Madison 6115 is a home located in Madison County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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