NOT LISTED FOR SALE

116 Wild Rose Ln Melbourne, AR 72556

Estimated Value: $275,000 - $325,000

3 Beds
2.5 Baths
2,078 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $265,000 $128 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,819/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of June 2023

Beautifully maintained, this spacious 2078 sq ft home exudes a warm and inviting atmosphere, featuring a cozy gas log fireplace. With 3 bedrooms and 2.5 baths, there's ample space for family and guests, while the upstairs den/family room, 2 bedrooms, and a bath. Central heating and air conditioning ensure comfort throughout the year. The exterior of the home is equally charming, with a large wraparound porch perfect for taking in the tranquil surroundings. The property sits on 4.6 acres of land with county road frontage, offering easy access from the gravel road. While being outside of city limits, the property is still just minutes from local amenities, including the renowned Coopers Hawk Golf Course and town of Melbourne, Arkansas. For those in need of additional storage or workspace, a detached 480 sq ft garage/shop offers an ideal solution. Whether you're a hobbyist or just looking for a functional space to work or play, this feature is sure to please. Don't miss out on the opportunity to make this beautiful property your own. Listed for the great price of $280,000!

Last Agent to Sell the Property

Roxanne Byram

United Country Ozark Realty Listed on: 05/03/2023

United Country Ozark Realty

Last Buyer's Agent

Roxanne Byram

United Country Ozark Realty Listed on: 05/03/2023

United Country Ozark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 2004

Lot Details

  • 4.61 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 2,078 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Butane Gas
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,438

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 05/03/2023
  • Price Per Sq Ft: 127.53
  • Road Surface: Gravel
  • Street Designation: Lane
  • Type: Rural Residential
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Gas Logs Present, Uses Gas Logs Only
  • Bedrooms: Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2078
  • Bedrooms: 3
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Den/Family Room, Laundry
  • Stories: Two Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Lot Info

  • Estimated Lot Size: 4.61
  • Estimated Lot Size: 4.61 +/- acre
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 2, 2023
Sold by
Smith Lance D and Smith Ashton
Bought by
Ridgeway Kenneth and Ridgeway Erin
Seller's Agent
Roxanne Byram
United Country Ozark Realty
Buyer's Agent
Roxanne Byram
United Country Ozark Realty
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Views
46
Current Estimated Value
$312,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,427
Avg. Annual Appreciation
6.32%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jan 30, 2020
Sold by
Kosmitis Nick J and Kosmitis Mary L
Bought by
Smith Lance D
Seller's Agent
NON-MEMBER
Non-Member
Buyer's Agent
LINDA MEREDITH
RICH REALTY
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$175,757
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ridgeway Kenneth $265,000 None Listed On Document
Smith Lance D $179,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lance D $175,757
Previous Owner Sisk Elemer Leon $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $265,000 -5.4% $128 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $280,000 +55.6% $135 / Sq Ft
01/31/2020 01/31/20 For Sale $179,900 +0.5% $87 / Sq Ft
01/30/2020 01/30/20 Sold $179,000 +2.3% $86 / Sq Ft
01/30/2020 01/30/20 Sold $175,000 -2.2% $84 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $179,000 +2.3% $86 / Sq Ft
01/06/2020 01/06/20 Off Market $175,000 -- --
10/28/2019 10/28/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $179,900 -5.3% $87 / Sq Ft
12/19/2018 12/19/18 For Sale $189,900 -- $91 / 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
2024 $1,313 $39,480 $2,300 $37,180
2023 $1,388 $39,480 $2,300 $37,180
2022 $1,813 $39,480 $2,300 $37,180
2021 $1,438 $39,480 $2,300 $37,180
2020 $1,487 $34,080 $1,380 $32,700
2019 $1,422 $34,080 $1,380 $32,700
2018 $943 $34,080 $1,380 $32,700
2017 $1,293 $34,080 $1,380 $32,700
2016 $943 $34,080 $1,380 $32,700
2015 -- $28,150 $1,380 $26,770
2014 -- $25,980 $1,380 $24,600
2013 -- $25,980 $1,380 $24,600
Source: Public Records

Agents Affiliated with this Home

  • Roxanne Byram

    Seller's Agent in 2023

    Roxanne Byram

    United Country Ozark Realty

    (870) 291-0382

    119 Total Sales

    Section Image

  • N

    Seller's Agent in 2020

    NON-MEMBER

    Non-Member

  • Ernest Pounders Jr.

    Seller's Agent in 2020

    Ernest Pounders Jr.

    Crown Realty

    (870) 291-2012

    78 Total Sales

    Section Image

  • L

    Buyer's Agent in 2020

    LINDA MEREDITH

    RICH REALTY

    (870) 373-0164

    69 Total Sales

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23013227

Cooperative Arkansas REALTORS® MLS

APN: 251-00023-000

Arkansas Izard County Melbourne 72556

116 Wild Rose Ln, Melbourne, AR

This home is located at 116 Wild Rose Ln, Melbourne, AR 72556 since 03 May 2023 and is currently estimated at $290,623, approximately $139 per square foot. This property was built in 2004. 116 Wild Rose Ln is a home located in Izard County with nearby schools including Melbourne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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