$175,000
SOLD NOV 17, 2025

111 5th Ave SW Gravette, AR 72736

4 Beds
1 Bath
1,541 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

12% Below List Price

86 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Ceiling Fan
  • Gravette Middle School Rated A-
  • Window Unit Cooling System
  • Concrete Flooring

About This Home

As of November 2025

This 4-bedroom, 1-bath home sits on a fully fenced lot and a half, offering plenty of outdoor space right in the heart of Gravette. The home is move-in ready and full of potential, with a functional layout and room to make it your own. While it hasn’t been recently updated, it provides a solid foundation for a first home, rental, or future renovation project. The large fenced yard is perfect for pets, gardening, or just enjoying some extra space. Sold as is, this property is a great opportunity for someone looking for value, space, and a quiet location with easy access to town. Pictures were virtually staged.

Last Agent to Sell the Property

Nicole Brecheen

Smith and Associates Real Estate Services Brokerage Phone: 479-737-4075 License #SA00097751 Listed on: 07/29/2025

Last Buyer's Agent

Nicole Brecheen

Smith and Associates Real Estate Services Brokerage Phone: 479-737-4075 License #SA00097751 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $666

Year Built

  • Built in 1975

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Concrete Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Sloans Add Gravette Subdivision

Listing and Financial Details

  • Legal Lot and Block 50'X 200'/PT / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$666

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Shared
  • Subdivision Name: Sloans Add Gravette
  • Directions: Head west toward Atlanta St SE Turn right toward Atlanta St SE Turn left onto Atlanta St SE Turn right onto 1st Ave SE Turn left onto Main Street NE Gravette Turn left onto Main St SW Turn left onto 5th Ave SW Destination will be on the right
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Age Unknown
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 479-737-4075
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Appliances: Dryer, Electric Water Heater, Gas Cooktop, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 1541.0

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Corner Lot, None
  • Waterfront Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Gravette

Tax Info

  • Tax Annual Amount: 666.0
  • Tax Block: 2
  • Tax Lot: 50'X 200'/PT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2025
Closed on
Nov 17, 2025
Sold by
Wells Donald Lynn
Bought by
Ratledge Michael and Ratledge Audrey
Seller's Agent
Nicole Brecheen
Smith and Associates Real Estate Services
Buyer's Agent
Nicole Brecheen
Smith and Associates Real Estate Services
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$95,000
Outstanding Balance
$95,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$83,279

Purchase Details

Closed on
Jul 12, 2013
Sold by
Mullen William L and Mullen Teresa
Bought by
Wells Donald Lynn

Purchase Details

Closed on
Jul 14, 1988
Bought by
Mullen

Purchase Details

Closed on
Jun 26, 1986
Bought by
Wynn

Purchase Details

Closed on
May 18, 1984
Bought by
Wynn
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 Type Sale Price Title Company
Warranty Deed $175,000 Meridian Title Company
Warranty Deed $15,000 Pci Advance Title Llc
Warranty Deed $21,000 --
Quit Claim Deed -- --
Executors Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Sold $175,000 0.0% $114 / Sq Ft
10/23/2025 10/23/25 Pending -- -- --
09/26/2025 09/26/25 Price Changed $175,000 -7.9% $114 / Sq Ft
08/26/2025 08/26/25 Price Changed $190,000 -5.0% $123 / Sq Ft
07/29/2025 07/29/25 For Sale $200,000 -- $130 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $726 $22,057 $5,600 $16,457
2024 $652 $22,057 $5,600 $16,457
2023 $593 $14,990 $3,400 $11,590
2022 $574 $14,990 $3,400 $11,590
2021 $522 $14,990 $3,400 $11,590
2020 $479 $9,290 $1,800 $7,490
2019 $479 $9,290 $1,800 $7,490
2018 $479 $9,290 $1,800 $7,490
2017 $456 $9,290 $1,800 $7,490
2016 $456 $9,290 $1,800 $7,490
2015 $481 $9,760 $1,800 $7,960
2014 $481 $9,760 $1,800 $7,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1316317

Northwest Arkansas Board of REALTORS®

APN: 11-00703-000