NOT LISTED FOR SALE

108 5th Ave SW Gravette, AR 72736

Estimated Value: $158,000 - $233,000

5 Beds
2 Baths
1,605 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $160,000 $100 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,187/month

11 Days on Market

Highlights

  • Deck
  • Property is near park and schools
  • Wood Flooring
  • Gravette Middle School Rated A-
  • Traditional Architecture
  • 1 Car Attached Garage

About This Home

As of April 2024

Nestled in the charming town of Gravette, AR this 5 bedroom, 2 bath home is awaiting its new owners. This property offers a unique opportunity for those looking to invest in a piece of real estate in a potential community. Prospective buyers must be prepared to take on any necessary repairs or renovations.

Last Agent to Sell the Property

Lori Samson

Lindsey & Assoc Inc Branch License #SA00072829 Listed on: 03/15/2024

Last Buyer's Agent

Lori Samson

Lindsey & Assoc Inc Branch License #SA00072829 Listed on: 03/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $403

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near park and schools
  • Property near a hospital
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 1

Community Details

Recreation

  • Park

Additional Features

  • Sloans Add Gravette Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$403

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Sloans Add Gravette
  • Directions: Hwy 72 W from Gravette / L on 5th Ave / 2nd house on left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1605.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: Cleared, City Lot, Level, Near Park
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Frame
  • Foundation Details: Block, Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools, Park, Shopping

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 403.0
  • Tax Block: 1
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 1, 2024
Sold by
Ivers Amber M and Ivers Terry K
Bought by
Ivers Jordan Cross and Ivers Christian Truth
Seller's Agent
Lori Samson
Lindsey & Assoc Inc Branch
Buyer's Agent
Lori Samson
Lindsey & Assoc Inc Branch
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%
Views
64
Current Estimated Value
$198,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,802
Avg. Annual Appreciation
13.29%
Original Mortgage
$155,200
Outstanding Balance
$152,877
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$45,925

Purchase Details

Listed on
Jun 3, 2017
Closed on
Sep 22, 2017
Sold by
Teed Lemuel E and Teed Elizabeth
Bought by
Ivers Terry K and Ivers Amber M
Seller's Agent
Elizabeth Teed
eXp Realty NWA Branch
Buyer's Agent
Samuel Green
Green Heart Realty
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$136,363
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
May 8, 2017
Sold by
Beller John Christopher and Beller Jackie Darlene
Bought by
Teed Lemuel E and Teed Elizabeth A
Seller's Agent
Samuel Green
Green Heart Realty
Buyer's Agent
Elizabeth Teed
eXp Realty NWA Branch
List Price
$45
Sold Price
$35,000
Premium/Discount to List
$34,955
77677.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3389.83%

Purchase Details

Closed on
Nov 10, 2012
Bought by
Dod 11 and Dod 10

Purchase Details

Closed on
Aug 22, 1984
Bought by
Beller
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivers Jordan Cross $160,000 Realty Title
Ivers Terry K $135,000 City Title
Teed Lemuel E $35,000 City Title And Closing Llc
Dod 11 -- --
Beller $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivers Jordan Cross $155,200
Previous Owner Ivers Terry K $136,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $160,000 -4.8% $100 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $168,000 +24.4% $105 / Sq Ft
09/22/2017 09/22/17 Sold $135,000 0.0% $84 / Sq Ft View Prior Sale
08/23/2017 08/23/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $135,000 +285.7% $84 / Sq Ft
05/08/2017 05/08/17 Sold $35,000 +77677.8% $22 / Sq Ft View Prior Sale
05/05/2017 05/05/17 For Sale $45 -- $0 / 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
2025 $1,845 $36,818 $5,600 $31,218
2024 $741 $36,818 $5,600 $31,218
2023 $741 $22,410 $3,400 $19,010
2022 $403 $22,410 $3,400 $19,010
2021 $397 $22,410 $3,400 $19,010
2020 $404 $15,110 $1,800 $13,310
2019 $404 $15,110 $1,800 $13,310
2018 $202 $10,700 $1,800 $8,900
2017 $175 $10,700 $1,800 $8,900
2016 $525 $10,700 $1,800 $8,900
2015 $508 $11,500 $1,800 $9,700
2014 $111 $11,500 $1,800 $9,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lori Samson

    Lindsey & Assoc Inc Branch

    (417) 669-6961

    4 in this area

    17 Total Sales

    Lori Samson
    Section Image

  • S

    Seller's Agent in 2017

    Samuel Green

    Green Heart Realty

  • E

    Seller's Agent in 2017

    Elizabeth Teed

    eXp Realty NWA Branch

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1269758

Northwest Arkansas Board of REALTORS®

APN: 11-00692-000

Arkansas Benton County Gravette 72736

108 5th Ave SW, Gravette, AR

Not Listed for Sale

Detached

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