NOT LISTED FOR SALE

1505 Michael Ln Siloam Springs, AR 72761

Estimated Value: $263,000 - $287,000

4 Beds
2 Baths
1,593 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $247,200 $155 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,702/month

2 Days on Market

Highlights

  • 0.44 Acre Lot
  • Attic
  • Covered Patio or Porch
  • Cathedral Ceiling
  • No HOA
  • Cul-De-Sac

About This Home

As of November 2023

Well-maintained 4 bdr 2 ba home on a spacious .44 acre lot. Large lot backs up to a field which gives you the privacy and size most subdivisions do not allow. Wood, ceramic tile, and carpet flooring. Open roomy kitchen with plenty of cabinets for storage. Formica countertops. Walk-in shower, jacuzzi tub, twin closets and double vanity in master bathroom.

Last Agent to Sell the Property

Jared Carrell

Sanderson & Associates Real Estate License #SA00089525 Listed on: 10/16/2023

Last Buyer's Agent

Jacob Harrison

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00090059

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 143x196x229
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gabriel Park Subdivision

Listing and Financial Details

  • Tax Lot 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,002

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 143x196x229
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Gabriel Park
  • Directions: From Hwy 59 N turn left on Cheri Whitlock. Follow Cheri Whitlock for 1.5 mi then turn right just after passing the bridge on N Lincoln St. In .3 turn left on Abraham Dr. In .1 mi turn right onto Michael Ln. Home will be straight ahead in the curve.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s)
  • Living Area: 1593.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Fenced, Privacy, Wood, Wire
  • Lot Features: Cul-De-Sac, Level, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital
  • Association: No

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1002.0
  • Tax Block: 0
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 22, 2023
Sold by
Lorette Cynthia A
Bought by
Harrison Marty and Harrison Cheri
Seller's Agent
Jared Carrell
Sanderson & Associates Real Estate
Buyer's Agent
Jacob Harrison
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$240,000
Sold Price
$247,200
Premium/Discount to List
$7,200
3%
Views
11
Current Estimated Value
$274,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,043
Avg. Annual Appreciation
2.54%
Original Mortgage
$242,722
Outstanding Balance
$238,948
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$19,533

Purchase Details

Closed on
May 3, 2023
Sold by
Demko Janice F and Demko Ralph A
Bought by
Demko Janice F and Demko Ralph A

Purchase Details

Listed on
Jun 23, 2014
Closed on
Aug 28, 2014
Sold by
Gilbert Sarah M and Gilbert Karen L
Bought by
Demko Ralph A and Demko Janice F
Seller's Agent
Sherry Littrell
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Deanna Crook
Exit Realty Harper Carlton Group
List Price
$130,500
Sold Price
$128,500
Premium/Discount to List
-$2,000
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$131,262
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 2006
Sold by
Culwell Mindy and Culwell Scott M
Bought by
Gilbert Sarah M and Gilbert Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Hefton Young Janie and Hefton Young
Bought by
Galyean Mindy and Culwell Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,484
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2004
Bought by
Young

Purchase Details

Closed on
Jul 20, 2004
Bought by
Galyean

Purchase Details

Closed on
Jul 15, 2004
Bought by
Galyean

Purchase Details

Closed on
Jun 16, 2003
Bought by
H2j2

Purchase Details

Closed on
May 13, 2003
Bought by
H2j2

Purchase Details

Closed on
Aug 17, 2002
Sold by
Galyean Mindy and Culwell Mindy
Bought by
Culwell Mindy

Purchase Details

Closed on
Oct 12, 2000
Bought by
Siloam Spgs
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
Harrison Marty $247,200 Realty Title
Demko Janice F -- None Listed On Document
Demko Ralph A $128,500 Rtc
Gilbert Sarah M $145,000 Stewart Title Of Ar Inc
Galyean Mindy -- Transcontinental Title Co
Young -- --
Galyean $110,000 --
Galyean $110,000 --
H2j2 -- --
H2j2 $76,000 --
Culwell Mindy -- Transcontinental Title Compa
Siloam Spgs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Marty $242,722
Previous Owner Demko Ralph A $131,262
Previous Owner Gilbert Sarah $128,200
Previous Owner Gilbert Sarah M $125,000
Previous Owner Galyean Mindy $130,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $247,200 +3.0% $155 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $240,000 +86.8% $151 / Sq Ft
08/29/2014 08/29/14 Sold $128,500 -1.5% $81 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $130,500 -- $82 / 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 $2,631 $45,669 $10,400 $35,269
2023 $1,358 $32,780 $8,000 $24,780
2022 $981 $32,780 $8,000 $24,780
2021 $978 $32,780 $8,000 $24,780
2020 $983 $27,640 $3,000 $24,640
2019 $983 $27,640 $3,000 $24,640
2018 $1,008 $27,640 $3,000 $24,640
2017 $1,008 $27,640 $3,000 $24,640
2016 $1,008 $27,640 $3,000 $24,640
2015 $1,358 $23,570 $2,800 $20,770
2014 $1,008 $23,570 $2,800 $20,770
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jared Carrell

    Sanderson & Associates Real Estate

    (479) 524-8600

    15 in this area

    28 Total Sales

    Jared Carrell
    Section Image

  • J

    Buyer's Agent in 2023

    Jacob Harrison

    Coldwell Banker Harris McHaney & Faucette-Rogers

    Section Image

  • S

    Seller's Agent in 2014

    Sherry Littrell

    Coldwell Banker Harris McHaney & Faucette-Rogers

    Section Image
  • Deanna Crook

    Buyer's Agent in 2014

    Deanna Crook

    Exit Realty Harper Carlton Group

    (479) 599-9123

    34 in this area

    173 Total Sales

    Deanna Crook
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1258886

Northwest Arkansas Board of REALTORS®

APN: 03-04206-000

Arkansas Benton County Siloam Springs 72761

1505 Michael Ln, Siloam Springs, AR

This home is located at 1505 Michael Ln, Siloam Springs, AR 72761 since 16 October 2023 and is currently estimated at $274,243, approximately $172 per square foot. This property was built in 2005. 1505 Michael Ln is a home located in Benton County with nearby schools including Northside Elementary School, Delbert Pete & Pat Allen Elementary School, and Southside Elementary 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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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