NOT LISTED FOR SALE

12496 S Highway 265 Prairie Grove, AR 72753

Estimated Value: $223,000 - $275,000

2 Beds
1 Bath
1,404 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $140,000 $100 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,407/month

26 Days on Market

Highlights

  • 2.17 Acre Lot
  • Porch
  • Patio
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of November 2018

Farm house completely remodeled on 2+ acres! This place is so nice and is in a great location! Just outside of town but convenient to 49! Land is flat and beautiful and has large shrubs in front for a buffer from the road. The home has had many updates including new flooring, paint, lights, appliances, septic system and much more! Very well done!

Last Agent to Sell the Property

James Gibson

Gibson Real Estate License #EB00053793 Listed on: 09/20/2018

Last Buyer's Agent

William Speer

Smith and Associates Real Estate Services License #EB00069392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1966

Lot Details

  • 2.17 Acre Lot
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.17
  • Road Frontage Type: Public Road
  • Subdivision Name: 0
  • Directions: Take I 49 South from Fayetteville to the Greenland Exit. Turn right to Hwy 265 stop sign and turn left. House is approx 5.2 miles on left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, None, Pantry
  • Living Area: 1404.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared
  • Waterfront Features: None
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: West Fork

Lot Info

  • Additional Parcels Description: 001-08312-002
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 891.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 16, 2018
Sold by
Mitchell James Lee and Mitchell Rhonda K
Bought by
Brown Christopher
Seller's Agent
James Gibson
Gibson Real Estate
Buyer's Agent
William Speer
Smith and Associates Real Estate Services
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%
Current Estimated Value
$245,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,995
Avg. Annual Appreciation
8.73%
Original Mortgage
$100,000
Outstanding Balance
$65,604
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$180,285

Purchase Details

Closed on
Sep 7, 2011
Sold by
Emerson Ryan and Emerson Jennifer
Bought by
Mitchell James Lee and Mitchell Rhonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Wright Daryl L and Wright Catherine I
Bought by
Emerson Ryan and Emerson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Brown Christopher $140,000 Waco Title Co
Mitchell James Lee -- Waco Title Company
Emerson Ryan $150,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Christopher $100,000
Previous Owner Mitchell James Lee $15,000
Previous Owner Mitchell James Lee $10,000
Previous Owner Mitchell James Lee $18,930
Previous Owner Mitchell James Lee $10,000
Previous Owner Mitchell James Lee $52,000
Previous Owner Emerson Ryan $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $140,000 -15.1% $100 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $164,900 -- $117 / 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
2024 $593 $39,020 $12,060 $26,960
2023 $623 $39,020 $12,060 $26,960
2022 $673 $25,200 $6,710 $18,490
2021 $630 $25,200 $6,710 $18,490
2020 $586 $25,200 $6,710 $18,490
2019 $543 $18,040 $5,530 $12,510
2018 $568 $18,040 $5,530 $12,510
2017 $841 $18,040 $5,530 $12,510
2016 $891 $18,040 $5,530 $12,510
2015 $841 $18,040 $5,530 $12,510
2014 $829 $17,780 $6,300 $11,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1091972

Northwest Arkansas Board of REALTORS®

APN: 001-08310-001