NOT LISTED FOR SALE

16050 W Highway 72 Gravette, AR 72736

Estimated Value: $726,000 - $836,000

4 Beds
3 Baths
2,770 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $580,000 $209 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,461/month

171 Days on Market

Highlights

  • Barn
  • 5.24 Acre Lot
  • Wood Flooring
  • Gravette Middle School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of January 2022

Beautiful hobby farm on over 5 acres with welded-steel pipe fenced pasture. Open floorplan with split bedroom configuration. Unique updated wood flooring made of recycled barn wood. Large kitchen with an island and great storage. Large main bedroom with attached bathroom and large walk in closet. Game room/bedroom with attached bathroom upstairs. Sunroom at the back with many window to let in light. Metal building that is large enough for a tractor and other farm storage with even more open storage options. Price reduced to reflect the current market.

Last Agent to Sell the Property

Christina Ellisor

eXp Realty NWA Branch License #SA00089448 Listed on: 06/18/2021

Last Buyer's Agent

Mindy Cox

Collier & Associates License #SA00080907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 2004

Lot Details

  • 5.24 Acre Lot
  • Property fronts a highway
  • Back and Front Yard Fenced
  • Aluminum or Metal Fence
  • Wire Fence
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,770 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Dryer
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank

Community Details

  • 09 20 32 Gravette Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.24
  • Road Frontage Type: Highway
  • Subdivision Name: 09-20-32-GRAVETTE
  • Directions: Go north on 71, take a left onto 549 north, take exit 287 for 72 west, keep left at the fork for 72 west, turn left onto AR west, go 1.1 miles and house is on the right. Go through gate
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Propane Water Heater, Refrigerator, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Granite Counters, Walk-In Closet(s), Storage, Sun Room
  • Living Area: 2770.0
  • Dining Room Type: Bonus Room, Storage Room, Sunroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard, Full, Front Yard, Metal, Wire
  • Lot Features: Cleared, Landscaped, Level, Rolling Slope
  • Waterfront Features: None
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Barn(s), Outbuilding, Workshop
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Gravette

Lot Info

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

Tax Info

  • Tax Annual Amount: 2781.0
  • Tax Block: NA
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jan 5, 2022
Sold by
Udale Richard W and Udale Maraleen S
Bought by
Patti John Robert and Patti Amy
Seller's Agent
Christina Ellisor
eXp Realty NWA Branch
Buyer's Agent
Mindy Cox
Collier & Associates
List Price
$790,000
Sold Price
$580,000
Premium/Discount to List
-$210,000
-26.58%
Current Estimated Value
$765,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,873
Avg. Annual Appreciation
7.69%
Original Mortgage
$380,000
Outstanding Balance
$349,547
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$416,326

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 31, 2019
Sold by
Udale Richard W
Bought by
Udale Richard W and Erwin Maraleen S
Seller's Agent
James Carter
Lindsey & Assoc Inc Branch
Buyer's Agent
Larry Boling
Benton County Realty
List Price
$410,000
Sold Price
$397,500
Premium/Discount to List
-$12,500
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%
Original Mortgage
$337,875
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 30, 2019
Sold by
Anderson Gerald D and Anderson Sondra J
Bought by
Udale Richard W
Seller's Agent
James Carter
Lindsey & Assoc Inc Branch
Buyer's Agent
Larry Boling
Benton County Realty
List Price
$410,000
Sold Price
$397,500
Premium/Discount to List
-$12,500
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,875
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Sims Rita A
Bought by
Anderson Gerald D and Anderson Sondra J

Purchase Details

Closed on
Aug 13, 2008
Sold by
Sims Harvey G
Bought by
Sims Rita A

Purchase Details

Closed on
Sep 20, 2006
Sold by
Egger Harton and Egger Dena
Bought by
Sims Harvey G and Sims Rita A

Purchase Details

Closed on
Mar 15, 2004
Bought by
Egger
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
Patti John Robert $580,000 Baxter Chris
Patti John Robert $580,000 Baxter Chris
Udale Richard W -- Pci Advance Title
Udale Richard W $397,500 Pci Advance Title
Anderson Gerald D $284,000 First National Title Company
Sims Rita A -- None Available
Sims Harvey G $355,000 First National Title Company
Egger $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patti John Robert $380,000
Closed Patti John Robert $380,000
Previous Owner Udale Richard W $337,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $580,000 -26.6% $209 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $790,000 +98.7% $285 / Sq Ft
05/31/2019 05/31/19 Sold $397,500 -3.0% $144 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $410,000 -- $148 / 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
2025 $4,624 $109,121 $22,008 $87,113
2024 $4,150 $109,121 $22,008 $87,113
2023 $3,773 $76,920 $13,360 $63,560
2022 $3,335 $76,920 $13,360 $63,560
2021 $3,030 $76,920 $13,360 $63,560
2020 $2,781 $53,950 $7,070 $46,880
2019 $2,356 $53,950 $7,070 $46,880
2018 $2,381 $53,950 $7,070 $46,880
2017 $2,249 $53,950 $7,070 $46,880
2016 $2,249 $53,950 $7,070 $46,880
2015 $2,612 $52,980 $5,240 $47,740
2014 $2,262 $52,980 $5,240 $47,740
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christina Ellisor

    eXp Realty NWA Branch

  • Mindy Cox

    Buyer's Agent in 2022

    Mindy Cox

    Collier & Associates

    (479) 212-4243

    1 in this area

    227 Total Sales

    Mindy Cox
    Section Image

  • J

    Seller's Agent in 2019

    James Carter

    Lindsey & Assoc Inc Branch

    Section Image

  • L

    Buyer's Agent in 2019

    Larry Boling

    Benton County Realty

    (479) 790-5604

    54 in this area

    107 Total Sales

    Larry Boling
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1188531

Northwest Arkansas Board of REALTORS®

APN: 11-01440-000

Arkansas Benton County Gravette 72736

16050 W Highway 72, Gravette, AR

This home is located at 16050 W Highway 72, Gravette, AR 72736 since 18 June 2021 and is currently estimated at $765,873, approximately $276 per square foot. This property was built in 2004. 16050 W Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle 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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