NOT LISTED FOR SALE

108 Lott Ln Mena, AR 71953

Estimated Value: $192,000 - $344,000

3 Beds
3 Baths
2,146 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $165,000 $77 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,513/month

232 Days on Market

Highlights

  • 9 Acre Lot
  • Ranch Style House
  • Laundry Room
  • Wooded Lot
  • Home Office
  • Central Heating and Cooling System

About This Home

As of January 2024

Would you look at the possibilities?! Brick home is in need of some updates, but would make a fantastic family home! 3 large bedrooms with an office that could be turned into a 4th bedroom. This well-built home on 9 beautiful acres without any restrictions. Pole barn with a concrete floor and electric provide additional storage. It would make a great place for a mini farm in the Mena Lake area.

Last Agent to Sell the Property

Brianna Cook

Select Realty Listed on: 05/25/2023

Last Buyer's Agent

Cynthia Abla

CENTURY 21 Perry Real Estate

CENTURY 21 Perry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1980

Lot Details

  • 9 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,146 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Home Office
  • Electric Range
  • Laundry Room

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • LVT Date: 05/25/2023
  • Road Surface: Gravel
  • Type: Rural Residential
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2146
  • Bedrooms: 3
  • Floors: Concrete, Laminate
  • Foundation: Slab
  • Full Bathrooms: 3
  • Kitchen Equip: Electric Range, Refrigerator-Stays
  • Other Rooms: Office/Study, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Septic, Water-Public, Well, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 9
  • Estimated Lot Size: 9 acres
  • Lot: Level, Rural Property, Wooded, Cleared
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jan 12, 2024
Sold by
Lott Doris and Lott Leo
Bought by
Collison Michelle
Seller's Agent
Brianna Cook
Select Realty
Buyer's Agent
Cynthia Abla
CENTURY 21 Perry Real Estate
List Price
$219,000
Sold Price
$165,000
Premium/Discount to List
-$54,000
-24.66%
Views
591
Current Estimated Value
$279,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,029
Avg. Annual Appreciation
30.21%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Lott Rodney and Lott Emma
Bought by
Lott Adam R and Lott Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,930
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 19, 2013
Bought by
Lott Leo and Lott Doris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Collison Michelle $165,000 Mena Title
Lott Adam R $90,000 Mena Title Company Inc
Lott Leo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lott Adam R $123,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $165,000 -17.5% $77 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $199,900 -8.7% $93 / Sq Ft
05/25/2023 05/25/23 For Sale $219,000 -- $102 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $661 $34,090 $4,240 $29,850
2024 $511 $34,090 $4,240 $29,850
2023 $1,011 $34,090 $4,240 $29,850
2022 $919 $24,830 $1,340 $23,490
2021 $919 $24,830 $1,340 $23,490
2020 $949 $24,830 $1,340 $23,490
2019 $294 $24,830 $1,340 $23,490
2018 $319 $24,830 $1,340 $23,490
2017 $320 $21,670 $2,280 $19,390
2016 $322 $21,670 $2,280 $19,390
2015 $322 $21,670 $2,280 $19,390
2014 $320 $21,670 $2,280 $19,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23015737

Cooperative Arkansas REALTORS® MLS

APN: 0000-04326-0000