NOT LISTED FOR SALE

109 N Main Ave Lincoln, AR 72744

Estimated Value: $114,678 - $145,000

2 Beds
1 Bath
920 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $60,000 $65 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $811/month

40 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • No HOA
  • Living Room with Fireplace
  • Corner Lot
  • Park

About This Home

As of January 2022

Investor special! Bring your ideas and your contractor. This property has tons of potential in a rapidly growing community in NWA.

Last Agent to Sell the Property

Connor Mutzig

Lincoln Area Realty License #AB00082041 Listed on: 11/18/2021

Last Buyer's Agent

Kim Jones

Team Ag Real Estate Inc License #EB00055764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Air
  • Space Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6

Community Details

Overview

  • No Home Owners Association
  • Lincoln Original Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: LINCOLN ORIGINAL
  • Directions: From Lincoln Square, head north on Main St. property is the first home behind the library.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 920.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, City Lot, Near Park
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park
  • Association: No

Schools

  • Junior High Dist: Lincoln

Lot Info

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

Tax Info

  • Tax Annual Amount: 996.0
  • Tax Block: 6
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 27, 2022
Sold by
Delmar E And Helen R Lombard Family Trus
Bought by
Redeemed Investments Llc
Seller's Agent
Connor Mutzig
Lincoln Area Realty
Buyer's Agent
Kim Jones
Team Ag Real Estate Inc
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$133,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,420
Avg. Annual Appreciation
23.75%
Original Mortgage
$108,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1985
Bought by
Payne Payne W and Payne Ruth
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
Redeemed Investments Llc $60,000 Waco Title
Payne Payne W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Redeemed Investments Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $60,000 -25.0% $65 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $80,000 -- $87 / 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 $1,305 $24,440 $5,000 $19,440
2024 $1,305 $24,440 $5,000 $19,440
2023 $1,325 $24,440 $5,000 $19,440
2022 $482 $8,900 $2,700 $6,200
2021 $460 $8,900 $2,700 $6,200
2020 $422 $8,900 $2,700 $6,200
2019 $383 $7,070 $2,400 $4,670
2018 $383 $7,070 $2,400 $4,670
2017 $380 $7,070 $2,400 $4,670
2016 $380 $7,070 $2,400 $4,670
2015 $380 $7,070 $2,400 $4,670
2014 $491 $9,140 $2,840 $6,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Connor Mutzig

    Lincoln Area Realty

    (479) 824-2020

    7 in this area

    33 Total Sales

    Connor Mutzig
    Section Image

  • K

    Buyer's Agent in 2022

    Kim Jones

    Team Ag Real Estate Inc

    (479) 824-1030

    79 in this area

    144 Total Sales

    Kim Jones
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1203452

Northwest Arkansas Board of REALTORS®

APN: 790-18211-000

Arkansas Washington County Lincoln 72744

109 N Main Ave, Lincoln, AR

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