NOT LISTED FOR SALE

1507 Spring Ave Mena, AR 71953

Estimated Value: $127,767 - $178,000

3 Beds
1 Bath
1,229 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $130,000 $106 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $749/month

103 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Laundry Room
  • Central Heating and Cooling System
  • Family Room

About This Home

As of November 2024

Looking for a low maintenance, move in ready home in town? Take a look at this lovely, centrally located, 3bed/1bath property in the heart of Mena. With impressive 10 ft. ceilings, this thoughtfully designed 1229 square sq ft. home feels spacious and comfortable. The property includes a brand new water heater and stove, fresh paint throughout, an attractive shiplap wall in the living room and a new deck. The AC unit was replaced in 2018. Great investment for the growing Mena market! Don't miss the opportunity!

Last Agent to Sell the Property

Ryan Lewis

Holly Springs Real Estate Listed on: 07/01/2024

Last Buyer's Agent

Nancy Wright

RE/MAX Mena Real Estate, Inc.

RE/MAX Mena Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Wood Fence
  • LVT Date: 07/01/2024
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Decorative/Non-Functional
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1229
  • Bedrooms: 3
  • Floors: Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas
  • Kitchen Equip: Electric Range, Dishwasher
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.12
  • Estimated Lot Size: 8276 sq.ft.
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Nov 20, 2024
Sold by
Willis Courtney M and Davis Courtney M
Bought by
Willis Francine
Seller's Agent
Ryan Lewis
Holly Springs Real Estate
Buyer's Agent
Nancy Wright
RE/MAX Mena Real Estate, Inc.
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Views
16
Current Estimated Value
$141,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,192
Avg. Annual Appreciation
7.87%
Original Mortgage
$81,904
Outstanding Balance
$80,752
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$60,440

Purchase Details

Closed on
Sep 1, 2020
Sold by
Ashcraft Joel
Bought by
Willis Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,848
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2020
Sold by
Johnston Sarah and Ashcraft Sarah
Bought by
Ashcraft Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,848
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2020
Sold by
Ashcraft Presley Nicole
Bought by
Ashcraft Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,848
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Irons Terry Christopher and Irons Julieta Y
Bought by
Ashcraft Joel and Ashcraft Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,709
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2002
Bought by
Irons Terry C and Irons Julieta

Purchase Details

Closed on
Jul 19, 2001
Bought by
Conseco Finance and Bejarano Michael %

Purchase Details

Closed on
Dec 1, 1999
Bought by
Trice Jacqueline and Trice Gary

Purchase Details

Closed on
Feb 1, 1997
Bought by
Funderburk Family Trust and Geyer Jacquelin R %
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willis Francine $130,000 Mena Title
Willis Francine $130,000 Mena Title
Willis Courtney M $84,000 Mena Title Company Inc
Ashcraft Joel -- Mena Title Company Inc
Ashcraft Joel -- Mena Title Company Inc
Ashcraft Joel $63,000 --
Irons Terry C $33,000 --
Conseco Finance -- --
Trice Jacqueline -- --
Funderburk Family Trust $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Francine $81,904
Closed Willis Francine $81,904
Previous Owner Willis Courtney M $84,848
Previous Owner Ashcraft Joel $60,709
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $130,000 -7.1% $106 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $140,000 -9.7% $114 / Sq Ft
07/01/2024 07/01/24 For Sale $155,000 -- $126 / 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
2025 $86 $16,480 $650 $15,830
2024 $8 $16,480 $650 $15,830
2023 $60 $16,480 $650 $15,830
2022 $98 $10,840 $1,040 $9,800
2021 $98 $10,840 $1,040 $9,800
2020 $111 $10,840 $1,040 $9,800
2019 $111 $10,840 $1,040 $9,800
2018 $132 $10,840 $1,040 $9,800
2017 $109 $10,250 $1,040 $9,210
2016 $109 $10,250 $1,040 $9,210
2015 $109 $10,250 $1,040 $9,210
2014 $109 $10,250 $1,040 $9,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24023168

Cooperative Arkansas REALTORS® MLS

APN: 6000-00932-0000