NOT LISTED FOR SALE

15918 Mt Olive Rd Gravette, AR 72736

Estimated Value: $646,844 - $922,000

4 Beds
3.5 Baths
2,739 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $327,500 $120 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,499/month

112 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wood Flooring
  • Gravette Middle School Rated A-
  • Cathedral Ceiling
  • Attic

About This Home

As of July 2012

Custom built home on 3 acres. Huge 67x40 shop building w/tall doors for RV, etc. 3 bedrooms all have their own private full baths. Stained concrete floors, hardwood. Huge rock fireplace. Hardy plank siding. Granite counter tops, tons of storage.

Last Agent to Sell the Property

Koenigseder Realty Group

REMAX Real Estate Results License #SA00057492 Listed on: 03/02/2012

REMAX Real Estate Results

Co-Listed By

James Koenigseder

REMAX Real Estate Results License #EB00059249

Last Buyer's Agent

Lisa Bonine

Keller Williams Market Pro Realty License #EB00053854

Keller Williams Market Pro Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 2008

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 2,739 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ozark Estates 2Nd Rurban Subdivision

Listing and Financial Details

  • Tax Lot 82

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Lot Size: x
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 479-271-9595
  • Subdivision Name: Ozark Estates 2Nd-Rurban
  • Directions: Hwy 279 to Mt. Olive Rd, approx 3 miles
  • Architectural Style: Hill Country, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Counter Top, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Self Cleaning Oven, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Wired for Sound
  • Living Area: 2739.0
  • Window Features: Double Pane Windows, Vinyl, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Landscaped, Level, Rural Lot
  • Waterfront Features: None
  • Construction Type: Masonite, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Parking Features: Garage, Other, Circular Driveway, Garage Door Opener, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2272.0
  • Tax Block: -
  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Loewe Michael J and Loewe Karen R
Bought by
Simmons Ryan David and Simmons Jessica Beth
Current Estimated Value
$795,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$215,657
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$489,336

Purchase Details

Listed on
Mar 2, 2012
Closed on
Jul 23, 2012
Sold by
Adkins Edward and Adkins Wanda Jean
Bought by
Loewe Michael J and Loewe Karen R
Seller's Agent
Koenigseder Realty Group
REMAX Real Estate Results
Buyer's Agent
Lisa Bonine
Keller Williams Market Pro Realty
List Price
$350,000
Sold Price
$327,500
Premium/Discount to List
-$22,500
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$194,750
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Frakes Nicholas and Frakes Shea
Bought by
Adkins Edward and Adkins Wanda Jean

Purchase Details

Closed on
Dec 8, 2004
Bought by
Frakes

Purchase Details

Closed on
Jun 23, 1988
Bought by
Fletcher
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
Simmons Ryan David $340,000 First National Title Company
Loewe Michael J $328,000 First National Title Company
Adkins Edward $320,000 First National Title Company
Frakes $28,000 --
Fletcher -- --
Perko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Ryan David $80,000
Open Simmons Ryan David $270,000
Previous Owner Loewe Michael J $194,750
Previous Owner Frakes Nicholas $285,918
Previous Owner Frakes Nicholas $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $327,500 -6.4% $120 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $350,000 -- $128 / 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 $3,119 $110,080 $16,800 $93,280
2023 $2,971 $80,050 $10,200 $69,850
2022 $2,624 $80,050 $10,200 $69,850
2021 $2,479 $80,050 $10,200 $69,850
2020 $2,353 $58,300 $5,400 $52,900
2019 $2,353 $58,300 $5,400 $52,900
2018 $2,378 $58,300 $5,400 $52,900
2017 $2,077 $58,300 $5,400 $52,900
2016 $2,077 $58,300 $5,400 $52,900
2015 $2,283 $51,530 $5,700 $45,830
2014 $1,933 $51,530 $5,700 $45,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 650861

Northwest Arkansas Board of REALTORS®

APN: 15-07333-000