NOT LISTED FOR SALE

1126 Highway 295 Elkins, AR 72727

Estimated Value: $123,496 - $232,000

3 Beds
1 Bath
1,200 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $21,000 $18 Per Sq Ft

Est. 797% increase in value since last sale

Current estimated payment $1,040/month

273 Days on Market

Highlights

  • Wood Flooring
  • Cabin
  • 1-Story Property
  • Separate Outdoor Workshop

About This Home

As of September 2016

Nice rural location with older home that needs some TLC. Approx. 1.48 acres with potential views. It's a beautiful drive to the home through the valley. Solid metal roof, some small outbuildings, utilities on site. Arvest employees, board members, and their immediate family members are not eligible to purchase Arvest Bank owned properties. Property to convey by Special Warranty Deed. Buyer to verify school and utility information. See attached legal description.

Last Agent to Sell the Property

Ryan Russell

Equity Partners Realty License #EB00056667 Listed on: 11/03/2015

Last Buyer's Agent

Kerri Turner

Equity Partners Realty License #PB00058240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1950

Lot Details

  • 1.49 Acre Lot
  • Property fronts a county road
  • Rural Setting

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Redwood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Basement
  • Basement Cellar
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Additional Features

  • Outside City Limits
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$535

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.49
  • Road Frontage Type: County Road
  • Subdivision Name: NA
  • Directions: From Fayetteville take Hwy 16 E through Elkins. Right on Hwy 295. Go approx. 4.3 miles to home/driveway on left. Driveway is directly across the street from a small water tower.
  • Architectural Style: Cabin/Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: None
  • Living Area: 1200.0
  • Window Features: Metal
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Outside City Limits, Rural Lot
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Redwood Siding
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Block, Cellar
  • Other Structures: Outbuilding, Workshop
  • Roof: Metal

Utilities

  • Heating: Other
  • Utilities: Electricity Available

Schools

  • Junior High Dist: Elkins

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Sep 2, 2016
Sold by
Arvest Bank
Bought by
Wiley Stephen Dale
Seller's Agent
Ryan Russell
Equity Partners Realty
Buyer's Agent
Kerri Turner
Equity Partners Realty
List Price
$40,000
Sold Price
$21,000
Premium/Discount to List
-$19,000
-47.5%
Current Estimated Value
$188,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,374
Avg. Annual Appreciation
26.83%

Purchase Details

Closed on
Aug 18, 2015
Bought by
Arvest Bank

Purchase Details

Closed on
Aug 9, 2004
Bought by
Napolitano Jesse

Purchase Details

Closed on
Aug 22, 2003
Bought by
Lasalle Bank N A

Purchase Details

Closed on
Oct 2, 2000
Bought by
Shackelford Russell

Purchase Details

Closed on
Dec 27, 1999
Bought by
Shackelford Russell
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
Wiley Stephen Dale $21,000 Waco Title
Arvest Bank -- --
Napolitano Jesse $31,000 --
Lasalle Bank N A -- --
Shackelford Russell -- --
Shackelford Russell -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $21,000 -47.5% $18 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $40,000 -- $33 / 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 $535 $18,780 $2,480 $16,300
2024 $491 $18,780 $2,480 $16,300
2023 $447 $9,910 $1,760 $8,150
2022 $433 $9,910 $1,760 $8,150
2021 $397 $9,910 $1,760 $8,150
2020 $361 $8,010 $1,760 $6,250
2019 $361 $8,010 $1,760 $6,250
2018 $330 $8,010 $1,760 $6,250
2017 $329 $8,010 $1,760 $6,250
2016 $330 $8,010 $1,760 $6,250
2015 $351 $8,550 $1,760 $6,790
2014 -- $8,550 $1,760 $6,790
2013 -- $8,550 $1,760 $6,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1003182

Northwest Arkansas Board of REALTORS®

APN: 001-01110-001