1516 Terrace Magnolia, AR 71753
Estimated payment $907/month
Highlights
- Safe Room
- Granite Countertops
- Porch
- Traditional Architecture
- Mud Room
- Eat-In Kitchen
About This Home
4 BR / 1.5 Bath in the heart of Magnolia, you don't want to miss this one! Large open concept living and dining room. Off the kitchen you will find a large laundry and mud room w/access to back yard. This home also has a 7' x 6'5" room that is cedar lined with upper shelving and has space available for a chest freezer as well as gun safe, etc. PLEASE NOTE this room will remain locked during all showings for client safety. NEW ROOF August 2023 - NEW HVAC SYSTEM 2024 - NEW ELECTRICAL SERVICE (including main panel) installed by Steve Flow from H&F Electric June 2024 - NEW FLOORING 2025 *** MINIMUM OF 2 HOURS NOTICE NEEDED FOR SHOWINGS *** SQ. FOOTAGE IS APPROXIMATE and SHOULD BE MEASURED BY BUYER/BUYER'S AGENT FOR ACCURACY***
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,160
Year Built
- Built in 1958
Lot Details
- 10,650 Sq Ft Lot
- Level Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
- Metal Siding
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Mud Room
- Combination Dining and Living Room
- Vinyl Flooring
- Safe Room
Kitchen
- Eat-In Kitchen
- Stove
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 4 Car Garage
- Parking Pad
Outdoor Features
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-04825-00000
Map
Home Values in the Area
Average Home Value in this Area
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 | $976 | $26,526 | $3,000 | $23,526 |
| 2023 | $816 | $23,340 | $3,000 | $20,340 |
| 2022 | $633 | $23,340 | $3,000 | $20,340 |
| 2021 | $571 | $23,340 | $3,000 | $20,340 |
| 2020 | $816 | $23,340 | $3,000 | $20,340 |
| 2019 | $828 | $23,340 | $3,000 | $20,340 |
| 2018 | $506 | $23,340 | $3,000 | $20,340 |
| 2017 | $709 | $17,910 | $2,400 | $15,510 |
| 2016 | -- | $17,910 | $2,400 | $15,510 |
| 2015 | -- | $17,910 | $2,400 | $15,510 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $152,000 | -3.8% | $76 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $158,000 | -- | $79 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25030582
APN: 01-04825-00000
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